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

07.20.09

Philanthropic Investments in Massive Chains of Retailers

Posted in Bill Gates, Deception, Finance, Microsoft at 2:59 pm by Dr. Roy Schestowitz

Summary: The Gates Foundation starts funding an enterprise of sports shops

TO MR. GATES’ credit, his portfolio is very prolific. Using his supposedly-philanthropic foundation, he maintains pharmaceutical patent investments [1, 2], tobacco investments, investments in alcoholic beverages, petroleum investments, investments in experimental and controversial crops, and even investments in news/media, which of course loves thanking Gates for all that money. Glamourising this Rockefeller-esque publicity stunt is part of this gratitude and to make matters ever more optimal, Gates need not even pay tax; being such a major investor even in governments, politicians can in turn be persuaded to buy from Microsoft and have this dependence/lock-in cascade down to businesses and homes.

“In some professionals’ view, the Gates Foundation acts as a tax-exempt investment vehicle…”The above may seem like a mouthful, but the extensive evidence is all there and Gates Foundation critics — although silenced or ignored for suspicion of “jealousy” for the most — do exist and the press recognises some that are highly renowned (see The Hindu and the New York Times for example). In some professionals’ view, the Gates Foundation acts as a tax-exempt investment vehicle, where medical drugs (“charity”) are used to make returns in the form of American pharmaceutical patents Gates invests billions in. It as well may be seen as a long-term investment.

And in light of all this, we present the latest news about the Gates Foundation, which is now investing in a chain of sports shops.

The purchase is not the first by Gates in a small British retailer. In May 2008, he took a small stake in Carpetright.

More here:

The Microsoft tycoon made the acquisition through the Bill & Melinda Gates Foundation, the philanthropic organisation created to “help all people lead healthy, productive lives”.

How can this be spun as philanthropy? Are sports inherently about goodwill? This is just plain commerce (investment in a “retailer” as Murdoch’s press puts it).

More information can be found in:

  1. Gates raises stake in JJB Sports
  2. Microsoft’s Gates builds JJB stake

Is there something that we miss in this analysis?

“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

“Gates’ gimmick of becoming a philantropist repeats the Rockefeller scam almost one to one a century later.”

Dark cloud over good works of Gates Foundation

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

What Else is New


  1. Links 31/7/2014: Zorin OS Educational 9, Android Nearing 90% Share

    Links for the day



  2. Microsoft-Linked Codenomicon and Bluebox in the Business of Smearing FOSS/Linux/Android

    odenomicon and Bluebox, two companies with strong Microsoft links, fill the media with negative articles about Android



  3. Is Microsoft Being Raided Not Just for Anti-Competitive Reasons but for Bribes and Back Doors?

    News about raids in Microsoft China mostly lacking when it comes to background, context, and information about Microsoft's crimes in China



  4. Former Microsoft Engineer Working on Windows BitLocker Confirms Government Asks Microsoft for Back Doors

    Recalling the times when even Microsoft staff spoke about secret government collaborations and back doors



  5. Ruling Against 'Abstract' Software Patents is Already Derailing Patent Attacks on Linux and Free Software

    Patent litigation against Android/Linux impeded by the introduction of arguments that cite the Supreme Court



  6. Links 30/7/2014: Chris Beard as CEO of Mozilla

    Links for the day



  7. New Optimism in the Age of Doubt Over Software Patents

    As the tide turns against software patents, even in their country of origin, their opponents come out of the woodwork to celebrate



  8. Links 28/7/2014: New Linux RC, Plasma 5 Live in Kubuntu

    Links for the day



  9. Links 27/7/2014: KDE 4.14 Beta 3, KDE 4.14 Beta 3 Released

    Links for the day



  10. Apple and Microsoft Are Proprietary Software Companies and the Media Should Stop Openwashing Them

    New examples where proprietary software giants are characterised as FOSS-embracing and FOSS-friendly by gullible or dishonest 'journalists'



  11. Bloomberg's Microsoft Propaganda

    Bloomberg delivers 'damage control' and PR ahead of the layoffs announcement; Microsoft uses Nokia to hide it and Bloomberg helps Microsoft by radically modifying headlines



  12. Frequency of Browser Back Doors in Microsoft Windows is Doubling

    The vulnerabilities which Microsoft tells the NSA about (before these are patched) are significantly growing in terms of their numbers



  13. FUD Entities Entering the FOSS World

    Symantec enters the AllSeen Alliance and Sonatype is once again trying to claim great insecurity in FOSS due to software licensing



  14. Groklaw Back in the Wake of ODF in the UK?

    Renewed activity in FOSS-leaning legal site Groklaw amid numerous victories for FOSS



  15. Links 26/7/2014: New Wine, Chromebooks Strong Sales

    Links for the day



  16. Links 25/7/2014: GOG With GNU/Linux, Ubuntu 14.04.1 LTS

    Links for the day



  17. Links 24/7/2014: Oracle Linux 7; Fedora Delays

    Links for the day



  18. Valerie Strauss Explains Why Gates Foundation's Lobbying for 'Common Core' (Privatisation) is a Swindle That Makes Microsoft Richer

    Continued criticism of the Gates Foundation's lobbying and masquerading, with more journalists brave enough to highlight the corruption



  19. USPTO Officially Sets New Guidelines to Limit Scope of Software Patents in the United States

    Even patent lawyers finally acknowledge that the incentive to file software patent applications has been reduced, as the scope of patents on software has been noticeably narrowed and they are harder to acquire, let alone enforce in a courtroom



  20. UK Government Adopts OpenDocument Format (ODF) and Microsoft Already Attacks the Government Over It, Showing Absolutely No Commitment to Open Standards

    Only "Microsoft as the standard" is the 'standard' Microsoft is willing to accept, as its response to the Cabinet Office's judgment reveals



  21. Microsoft Layoffs of 2014

    Another quick look at Microsoft's horrible state of affairs and why it has virtually nothing to do with Nokia



  22. Links 22/7/2014: Linux 3.16 RC 6, New UberStudent

    Links for the day



  23. Links 20/7/2014: Jolla in India, Mega Censored in Italy

    Links for the day



  24. Longtime Mono Booster Joins Microsoft-linked Xamarin

    Jo Shields almost joins Microsoft, settling instead for its proxy, Xamarin



  25. Linux Foundation Welcomes Patent Aggressor Red Bend Software

    The Linux Foundation's AllSeen Alliance welcomes as a member a company that uses software patents to sue Free/Open Source software



  26. Matt Levy From Patent Progress (and CCIA) Does Not Really Want Patent Progress

    Matthew ('Matt') Levy moved into a foe of patent progress last year, but he still runs a site calls Patent Progress, in which he diverts all attention to patent trolls (as large corporations such as Microsoft like to do)



  27. Attacking FOSS by Ignoring/Overlooking Issues With Proprietary Software

    The biasing strategy which continues to be used to demonise Free/Open Source software (FOSS) along with some new examples



  28. Links 19/7/2014: CRUX 3.1 is Out, CyanogenMod Competes With Google Now

    Links for the day



  29. Microsoft's Massive Layoffs Go Far Beyond Nokia; Nokia's Android Phones Axed by Microsoft's Elop

    Microsoft's rapid demise and permanent exit from Nokia's last remaining Linux platform (after Microsoft had killed two more)



  30. Patents on Software Already Being Invalidated in Courts Owing to SCOTUS Ruling on 'Abstract' Patents

    The Federal Circuit Appeals Court has just "invalidated a software patent for being overly abstract," says a patents expert


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