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

03.09.09

‘Poor’ Warren Buffett Receives Donations… from the Gates Foundation

Posted in Bill Gates, Deception, Finance, Microsoft at 3:01 am by Dr. Roy Schestowitz

“My background is finance and accounting. As a socially conscious venture capitalist and philanthropist, I have a very good understanding of wealth management and philanthropy. I started my career in 1967 with the IRS as a specialist in taxation covering many areas of the tax law including the so-called legal loopholes to charitable giving. […] However, the Gates Buffet foundation grant is nothing more than a shell game in which control of assets for both Gates and Buffet remain the same. […] The only difference is that the accumulation of wealth by these two will be much more massive because they will no longer have to pay any taxes.”

The Gates and Buffet Foundation Shell Game

Warren Buffett had joined this game and put some of its fortune inside the Gates Foundation a few years ago. It is a win-win situation for him. He receives credit for supposedly philanthropic deeds while at the same time his fortune is secured from the IRS and therefore there is smaller erosion of value. According to this very curious report which a reader sent us, the Gates Foundation is also investing in Warren Buffett’s very own company.

Huh?

“Gates Foundation is busy investing in governments and pharmaceuticals that the foundation tells government to pass money to.”This calls for the question, “isn’t the goal of the Gates Foundation to do charitable work?” For all one can gather, the Gates Foundation is busy investing in governments and pharmaceuticals that the foundation tells government to pass money to. Additionally, this foundation invests in petroleum (made cheaply, even at the expense of Nigerian kids' lives), automobiles, media companies that soon praise the Gates family, various harmful drugs, and also tobacco.

Quite an interesting charity they have there. Does it also pay tax or is it helping the Gates family become exempt from paying any because, evidently, the country is awash with money anyway? Sarcasm ought to be noted here, of course.

Smoker
Did you know that the Gates
Foundation puts money in cigarettes?

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

6 Comments

  1. pcolon said,

    March 9, 2009 at 5:43 am

    Gravatar

    The IRS, which BTW like the Federal Reserve Bank, are illegal and unconstitutional, would quickly stomp it’s boot on any faith-based or non-profit organization with questionable or business practices. However there are some caveats where some claim a large portion of incoming donations as ‘housekeeping or administrative costs’.

    Here, once again, the Gates entourage, is changing the meaning of words (philanthropy) for their own personal gain.

    Welcome to “The new and improved 21st Century Organized Crime”. Brought to you and sponsored by your Federal, State and local government agencies.

  2. Dave said,

    March 9, 2009 at 7:57 am

    Gravatar

    You are an idiot Roy.

    Buffet has not given money to de Gates foundation. He has put all of his Berkshire Hathaway stock worth 30 billion at the time in a trustfund which donates 5% of the stock to the gates foundation each year under the condition that the foundation spends all of the donation in that year.
    This means the Gates foundations recieves a bunch of stock each year and has to sell that stock each year.

    When Buffet dies the remaining shares in the trustfund and all other assets of Warren buffet will be divided amongst several charitable foundations and will not be given to his children who will recieve only a ‘minor’ inheritance.
    So nearly all of Buffets fortyune will dissappear in philantropy.

    You ridiculous accusations are beyond belief.
    Someone donates most of his immense fortune to charity and you make a mockery of it by providing false information on it.

  3. Roy Schestowitz said,

    March 9, 2009 at 8:04 am

    Gravatar

    Dave,

    You don’t seem familiar with what’s known as ‘pet’ charities. Here is a recent article to bring you up to date.

    Known to his own friends and enemies alike as “Dr. Evil,” Berman has perfected the art of setting up non-profit “charitable” groups to advance corporate interests.

  4. Dave said,

    March 9, 2009 at 8:14 am

    Gravatar

    @Roy

    You do not seem to understand what I wrote.

    Nearly all of Warren Buffet fortune will flow to charities. If not at all while he is alive than after he dies.
    That information is easy to verify.

    If any tax is evaded that will thus also go to charity

  5. Roy Schestowitz said,

    March 9, 2009 at 8:42 am

    Gravatar

    It’s not about Buffett. As the Times put it:

    As with all good parodies, there’s a grain of truth in a fake news story on the Web that says Bill Gates could face another antitrust investigation — this time for “monopolistic charity practices.”

    “The danger isn’t in what people do tell you — it’s in what they don’t,” departing foundation CEO Patty Stonesifer warned in the 2007 annual report.

  6. Gentoo User said,

    March 9, 2009 at 11:16 am

    Gravatar

    It’s not about Buffett.

    I think this is pretty much convincing proof that most of the time you don’t even know what you’re talking about. But this will look great later, when you start referring to it as “evidence”, as with everything else.

What Else is New


  1. Emerging Threat to Patent Reforms at the USPTO

    Our plan of returning to coverage of US patent affairs in the wake of powerful lobbies that pursue patent maximalism



  2. You Know That the Unitary Patent (UPC) is in Huge Peril When Its Biggest Fans Admit It's Unlikely to Happen Even Next Year

    The tactics of Team UPC turn ugly as they personally target anyone who stands in their way, even a professor/judge who is courageous enough to state the obvious



  3. More Than Six Human Casualties Under Battistelli at the EPO, But the Human Toll Can Become a Lot Worse

    The bigger or much broader picture detailing the high cost of autocracy and mental torture at the EPO, where lives are ruined not only when these are ended and some key buildings pose severe threat to a lot of workers



  4. EPO's Elodie Bergot Calls Staff Suicide Just 'Passing Away', Pretends to Care

    How the EPO continues to mislead if not lie to staff, even when staff commits suicide -- a growing problem for Team Battistelli, whom some insiders hold accountable for these deaths



  5. The Administrative Tribunal of ILO Will Deliver EPO Judgments in Six Days

    Despite its old age (nearly a century), ILO's tradition when it comes to enforcing the law is anything but sterling, yet one can hope that it will stop its unproductive cat-and-mouse game with the EPO, where compliance is rare and actual judgments (not deferrals/referrals) are even rarer



  6. Links 21/6/2017: Red Hat's Numbers Are Up, New Debian Being Studied

    Links for the day



  7. Another Suicide Reported at the EPO While the Paid-for Media Focuses on 'European Inventor Award' Charade

    Puff pieces for Benoît Battistelli published aplenty while the European media refuses to deal with the reality -- not paid-for illusions -- at the European Patent Office



  8. Links 20/6/2017: Chuwi Lapbook, Linux 4.12 RC6, Mesa 17.1.3

    Links for the day



  9. At the European Inventor Award Ceremony Benoît Battistelli Lied to a Lot of Scientists and “Media Partners” About the UPC

    The Liar in Chief, Benoît Battistelli, still lives in a fantasy world or simply lies intentionally, which would be worse



  10. Contact Details for the EPO's Administrative Council Delegations

    List of Heads of Delegation and their E-mail addresses (used to be public information before Benoît Battistelli's oppressive regime or coup)



  11. Don't Forget to Vote for EPO Strike This Week (Thursday)

    A reminder that there's a vote on a strike at the European Patent Office later this week, giving an opportunity to rebut the "vocal minority" myth which Benoît Battistelli likes to spread



  12. European Patent Office (EPO) Whistleblowing Guidelines: Motivation and Impact of Leaks

    Advice on when to leak and what to leak for the desired effect, which is reformatory (though transparency and accountability)



  13. Links 18/6/2017: New Debian Release, Catchup With a Lot of News

    Links for the day



  14. Appalling Press Coverage Regarding the Unitary Patent (UPC)

    How the media has lied (and keeps lying) about the UPC, which the European public neither needs nor wants, putting aside serious constitutional issues that are associated with the UPC



  15. The Writings on the Wall at the European Patent Office: Number of Directors May Soon Decline From 150 to Just 65-70

    Battistelli is seizing more direct and indirect control over the European Patent Office (EPO), which is supposed to eject him with a proposal for replacement already formally prepared for publication



  16. European Patent Office (EPO) Whistleblowing Guidelines

    The first part of a series which offers tips for sending us material/evidence, specifically from the European Patent Office (EPO)



  17. General Consultative Committee of the EPO Warns About Battistelli's Plans

    The General Consultative Committee (GCC) issues a long document (176 pages) which explains to the overseer of the Office how internal rule changes make things even worse



  18. Links 16/6/2017: New Atom Release, Firefox 55 Beta

    Links for the day



  19. Leaked: European Patent Office Still Uses Microsoft Windows XP... in 2017

    The EPO continues to rely on inherently insecure (by design) platforms and Mr. Kraft, Battistelli's CIO, bragged that the actions of the Office "prevented any damage to the EPO and its reputation"



  20. Unitary Patent (UPC) Will Start “Real Soon” Now... Said Team UPC For So Many Years

    The Unitary Patent or Unified Patent Court Agreement (UPCA) is going nowhere fast, but those who spent time and money promoting it for self gain continue to lie to the press with overly optimistic predictions, unrealistic timelines, and Kool-Aid about the supposed 'benefits' of the Unified Patent Court (UPC)



  21. EPO Management Wastes Millions of Euros on a Silly, Gratuitous, Self-Serving Festival While EPO Staff is Planning Another Strike

    Unrest at the European Patent Office (EPO) is growing again, with plans of a strike resulting in a formal vote for a strike next week



  22. Links 15/6/2017: Mir 0.26.3, FreeNAS 11.0

    Links for the day



  23. Software Patents in Europe Are Still Promoted by the EPO, Even in Defiance of the Ban

    The European Patent Office continues to ignore the directive on the patentability of computer-implemented inventions, which had software patents disallowed with an overwhelming majority of 648 to 14 votes at the European Parliament



  24. Leaked: Job Advertisement for Removing Battistelli From the European Patent Office

    In spite of rumours that Benoît Battistelli would pursue elongation of his term, in clear defiance of the rules (again), paperwork is being put forth to replace him



  25. Links 14/6/2017: New BlackArch Linux ISO and Q4OS 1.8.6, Orion

    Links for the day



  26. Even UPC Proponents, Paid by the EPO's PR Firm, Admit That UPC May Never Happen

    Speculations are being floated regarding the cause of the impasse, which is going to result in a very long period of uncertainty and possibly the collapse of the Unified Patent Court (UPC) as it was envisioned by Michel Barnier, Benoît Battistelli and other opportunists



  27. Caricature: Balance of Justice at the European Patent Office

    Balance of justice under Battistelli's regime isn't quite what the Office wants the public and the Dutch authorities to believe



  28. Links 13/6/2017: Alpha Litebox Comes With GNU/Linux, Warning to Munich About Windows

    Links for the day



  29. A Massive Proponent of UPC, CIPA, Enters IP Kat, as Readers Call Out Stacked UPC 'Panels'

    On matters of patents, IP Kat continues moving to the right (patent maximalism, acceptance of Battistelli’s regime, UPC bubble and so on) and commentary to the contrary is not being accepted



  30. In Spite of Censorship by IP Kat, Issues Associated With UPC Had Become Apparent, Even Before Germany Halted Ratification

    IP Kat is allegedly still censoring comments whilst at the same time delivering promotional UPC puff pieces, notably but not only composed by Bristows staff, without even stating vested interests (disclosure of bias/agenda)


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