EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

12.23.08

Why is the Gates Foundation Investing in Governments?

Posted in Bill Gates, Finance, Microsoft at 12:45 pm by Dr. Roy Schestowitz

Following money

IN THIS CONTINUED EXPLORATION of influence for sale and various means like pet charities (or charities for business agenda [1, 2]) and lobbyists, we are coming across more evidence that may come handy in the future.

Thanks to the failure of the media, there is a lot of disinformation out there about the Gates Foundation and its actual function (articles are being planted to glorify this foundation). We wrote about it before, so we won’t repeat old facts but summarise a few instead. Apart from a haven that shelters against tax, this money vehicle enables many investments and interests to be carried under an innocent umbrella of philanthropy.

Gates’ proximity to the US government is a subject that we continued exploring yesterday, but this leads to other fascinating areas. We have also just found the following disclosure about Gates’ personal investments, which are made through a philanthropic entity. These investments include oil companies, but more interestingly, there are actual payments made to governments.

Foundation’s investments

A sampling of the Gates Foundation’s largest investments:

Above $1.5 billion

* Berkshire Hathaway**
* Canadian government

Between $1 billion and $1.5 billion

* Fannie Mae
* German government

Between $100 million and $1 billion

* Abbott Laboratories
* Archer Daniels Midland
* British Petroleum
* Canadian National Railway
* Exxon Mobil
* Freddie Mac
* French government
* Japanese government
* Merck
* Schering Plough
* Tyco International
* Waste Management

*Might include stocks, bonds and other securities
**Warren Buffett committed his first installment of Berkshire Hathaway stock in June.

Sources: Gates tax and Securities and Exchange Commission filings— Los Angeles Times

Who is pocketing this money and what would be the impact? Why are wealthy governments being paid by the Gates Foundation and what are the returns? The Norway story, for example, sure was interesting and it was not an isolated case.

Canadian Parliament
The Canadian Parliament receives over $1,500,000,000
in ‘charity’ money from Microsoft’s Bill Gates

___
August 2008: Quebec government sued for buying Microsoft software

Quebec’s open-source software association is suing the provincial government, saying it is giving preferential treatment to Microsoft Corp. by buying the company’s products rather than using free alternatives.

The lawsuit by Facil was lodged with the Quebec Superior Court on July 15 and made public on Wednesday. In it, the group says the provincial government has refused to entertain competing bids from all software providers, opting instead to supply public-sector departments with products bought from proprietary vendors such as Microsoft and Oracle Corp.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

5 Comments

  1. Diamond Wakizashi said,

    December 23, 2008 at 3:04 pm

    Gravatar

    “Why is the Gates Foundation Investing in Governments?”

    Because the Gates “Foundation” wants governments to invest in low quality software from a vicious monopolist.

  2. Andre said,

    December 23, 2008 at 6:42 pm

    Gravatar

    Because you cannot give these sums to your bank around the door. You are forced to invest. The conservative investment choice is state saving bonds or a portfolio of some big stock market companies. So what do you expect? These foundations are basically large investment portfolio which spent their money on philanthrophy. Whether it is the Gates or the Nobel foundations is no issue here. In times of unstable stock markets of course the activities of a foundation are put under risk.

  3. Roy Schestowitz said,

    December 23, 2008 at 6:49 pm

    Gravatar

    The conservative investment choice is state saving bonds or a portfolio of some big stock market companies. So what do you expect? These foundations are basically large investment portfolio…

    Actually, it’s massively superior. With a charity you needn’t pay tax. Even Warren chipped in.

  4. Andre said,

    December 23, 2008 at 6:52 pm

    Gravatar

    And you can employ your family and their grand children and do white business withour risk.

  5. Roy Schestowitz said,

    December 23, 2008 at 6:58 pm

    Gravatar

    Actually, there is an interesting recent story I was prepared to back my statement with. A few months ago, Time Magazine published a multi-part glorification marathon about the Gates Foundation. If you look closely enough, then you discover it was authored by the husband of the former head of the foundation’s manager, who has Microsoft history. Her place was occupied by Microsoft’s Raikes, who will now have a large fund with which to promote Microsoft’s interests. The former head meanwhile moved closer to the government in DC (Smithsonian).

    it’s amazing how much information one can gather by following the news and taking notes.

What Else is New


  1. The EFF Back to Tackling Software Patents, Not Just Patent Trolls

    Electronic Frontier Foundation lawyers start targeting large companies that exploit patents for intimidation and extortion, not just patent trolling



  2. Microsoft Wants to Devour the Competition (Linux), Devour People's Data

    Refuting the "new Microsoft" propaganda and some ludicrous concept that Microsoft is now "playing nice"



  3. Benoît Battistelli Thinks 'President' is Above the Law, Decides to Ignore the Court's Ruling

    Staff of the EPO is given yet more reasons to protest tomorrow at the British Consulate, for the so-called 'President' of the EPO reminds everyone of the very raison d'être for the protest -- a vain disregard for the rule of law



  4. Links 24/2/2015: Xfce 4.12 a Week Away, GNOME 3.16 Previewed

    Links for the day



  5. Links 23/2/2015: Ubuntu Kylin 14.04.2 LTS, Cinnamon 2.6 Previews

    Links for the day



  6. IRC Proceedings: February 8th - February 21st, 2015





  7. The EPO's Sham 'Internal Investigation' of EPO Vice-President Željko Topić's Affairs

    The EPO never investigated the Željko Topić affair, it only pretends to have investigated (one small aspect, i.e. cherry-picking) using a Benoît Battistelli-controlled group



  8. Links 21/2/2015: GNOME 3.15.90, Google Wins Android Lawsuit

    Links for the day



  9. Microsoft AstroTurfing War on GNU/Linux is Still Going On, But Hidden Better, Uses API as Instrument of Lock-in

    The corruptible press continues to describe blatant attacks (Embrace, Extend, Extinguish) against GNU/Linux and Free software as Microsoft 'embracing' Open Source



  10. Lenovo's Superfish Scandal is Spyware on Top of Spyware (Microsoft Windows), the Problem is Inherently Proprietary Software

    Shifting focus to the root problem, which is neither Lenovo nor its laptops but the non-free programs installed on hardware



  11. Benoît Battistelli Once Again Threatens EPO Staff That 'Dares' to Protest, Battistelli Exploits Terror Attacks to Pretend to Respect Free Speech

    The European Patent Office (EPO) President, Benoît Battistelli, reportedly started threatening -- as before -- staff that decides to exercise the right to assemble and protest against abuses, including the abuses of President Battistelli himself



  12. Links 20/2/2015: Android Studio v1.1, GDB 7.9

    Links for the day



  13. Links 20/2/2015: Bloomberg Joins Linux Foundation, ClearOS Community 6.6.0

    Links for the day



  14. The Chartered Institute of Patent Attorneys Slams the European Patent Office for Structural Failings

    An important letter which we overlooked while writing yesterday's 4 articles about the European Patent Office (EPO); yet another key stakeholder complains



  15. Links 19/2/2015: Hewlett-Packard on Cumulus Linux, Previews of GNOME 3.16 Beta

    Links for the day



  16. Techrights Under Attack Again, Shortly After Important EPO Articles

    Techrights highlights a pattern that is months old; Site faces availability issues shortly after reports about the European Patent Office and its abuses



  17. EPO Staff Protests Against Benoît Battistelli’s Lowering of Patents Quality (Scope Expansion and Software Patents for Profit)

    A protest in Munich in less than 6 days will target Mr. Sean Dennehey, who has helped Battistelli cover up his abuses and crush legitimate critics, whom he deemed illegal opposition as if the EPO is an authoritarian regime as opposed to a public service which taxpayers are reluctantly (but forcibly) funding



  18. Breaking: European Patent Office Sued by Its Own Staff in The Hague, Must Unblock Staff's Voices

    The crooked management of the European Patent Office (EPO) gets in legal trouble after repeated attempts to cover up abuses and suppress criticism



  19. Željko Topić's History in SIPO Leaves a Legacy of Alleged DZIV Vehicles (Bribes), Authorship Abuses, and Intimidation Against Reporters

    Another deep look at Željko Topić's background in Croatia, preceding his very notorious appointment to the EPO where he now serves as Benoît Battistelli's most controversial attack dog



  20. The Old Obsession With Patent Trolls Continues to Distract From Debate About Software Patenting

    A roundup of recent coverage about monopolies on algorithms in the United States



  21. Links 19/2/2015: 64-bit ARM Linux, Chinese New Year

    Links for the day



  22. Links 18/2/2015: Linux Report, FlightGear 3.4

    Links for the day



  23. EPO Scandals: The Story So Far

    An overview of articles about mischief, misconduct and breach of laws at the EPO



  24. Links 17/2/2015: TripleO, Pivotal

    Links for the day



  25. Links 17/2/2015: SystemD 219, Frugalware 2.0 (Rigel) Released

    Links for the day



  26. Željko Peratović Slammed for Whitewashing Željko Topić After Publishing Important Piece on Behalf of Key Sources

    Response from Ivan Kabalin to Zeljko Peratovic's so-called "apology" which is both mysterious and seemingly inadequate as it does nothing to actually explain what was wrong (if anything)



  27. Benoît Battistelli Has Made Oversight of European Patent Office Absolutely Impossible





  28. Microsoft Already Killed Nokia, Don't Let It Kill Android Players Too

    Microsoft's strategy against Android mirrors the company's evil strategy that derailed MeeGo and Nokia



  29. Intel Continues to Attack Software Freedom Through UEFI

    The Trojan horse that Microsoft uses to cement its monopoly on desktops and laptops (making it hard or impossible to install and run GNU/Linux) is also being misused to block Coreboot



  30. Links 16/2/2015: Netrunner 15, Bridge Linux

    Links for the day


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts