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The Microsoft Millionaires Come of Age

iseff writes "The NYTimes is running a story about the ways in which Microsoft millionaires are putting their money to use. According to the story, there is somewhere around 10,000 Microsoft made millionaires spending money on various pet projects. For example, former programmer Chris Peters bought the PBA (Professional Bowlers Association), while Stephanie DeVaan founded a political action committee and Rich Tong founded Ignition Partners, a VC firm."

360 comments

  1. Microsoft for Microsoft. Microsoft that matters. by Anonymous Coward · · Score: 5, Funny

    Can't we talk about Google instead?

  2. 10,000 millionaires? by Anonymous Coward · · Score: 2, Insightful

    That is just obscenely absurd for one company.

    1. Re:10,000 millionaires? by jcr · · Score: 1

      If you don't like it, then don't buy their products.

      -jcr

      --
      The only title of honor that a tyrant can grant is "Enemy of the State."
    2. Re:10,000 millionaires? by Anonymous Coward · · Score: 0

      Especially when contracters who don't get a promise of a job for more than 3 months do most of the actual work there.

    3. Re:10,000 millionaires? by GagnierA · · Score: 1

      I'll just assume that you made that statement sound uneducated and nonsensical on purpose....what's it supposed to mean? and what is it's relevance? lol

      Contractors are never _promised_ work...that's why they're considered contractors and not permanent employees on a steady salary. Needless to say, you being an unemployed contractor has nothing to do with making millions of dollars from Microsoft stock options. :-)

    4. Re:10,000 millionaires? by Anonymous Coward · · Score: 0

      It's unethical to treat contractors like full time employees and not compensate them. Microsoft has been sued and lost on this matter. They have found ways around this and are still doing it. I know. My best friend has been 'contracting' there for 2+ years. He was interviewed and hired by another 'contractor' He works full time and on weekends sometimes to get the job done of shipping software for one of the largest companies in the world, and can't even get health insurance. He says he could buy his own health insurance, but would then have to live on the street.

      Do you think these 'millionaire shareholders' would be making as much if MS compensated the people working there like they actually should?

    5. Re:10,000 millionaires? by GagnierA · · Score: 1

      Yes, the millionaire shareholders would be making the same amount regardless of how Microsoft chooses to pay their employees. The price of a stock doesn't depend on a company's payroll...it has to do with a number of factors like revenue, the amount of stocks that are issued, the amount of equity the company owns, etc etc.

      If your "friend" isn't happy with the amount of work he gets from Microsoft, why wouldn't he get a job somewhere else that would be more lucrative? It's his own fault if he can't afford to live waiting by the phone for Microsoft to call him....I mean, geez, after 2 years you'd think he would've gotten the hint by now. There are thousands of lucrative computer based jobs available out there.

      Moreover, it's pretty much common knowledge of how Microsoft "hires" contractors on a temporary basis for larger scale projects. Microsoft employs probably close to 50,000 people...so they don't really need temporary help all that often.

      Nevertheless, as previously mentioned, if you don't like how things are going with a job a large majority of people would look for work elsewhere...what does he expect?

    6. Re:10,000 millionaires? by digitalunity · · Score: 1

      I don't. The problem is with the other 94% of the people out there. They have unknowingly allowed unsecured software to remain on their computer. A computer is similar to a car in the sense that improper use of one can have negative consequences on more than just yourself. In my case, I'm tired of the spam barage which is due in large part to unpatched computers taking part in so-called 'zombie nets'. So for every new user Microsoft reels in, there is a direct and negative effect on the internet, and that effects me.

      --
      You can't legislate goodness. Let each to his own destiny, by will of his freely made choices.
    7. Re:10,000 millionaires? by master_p · · Score: 1

      Imagine the situation if every copy of Windows was legally purchased!

    8. Re:10,000 millionaires? by 110010001000 · · Score: 1

      You would prefer a company like Redhat where only the top execs make hundreds of millions in options while the programmers get just a wage? As a programmer I prefer the Microsoft model.

  3. $60 Million House - Trickle UP Economy... by mythosaz · · Score: 4, Funny
    And one William Gates put $53 million back into the economy the old fashioned way by building a house.

    http://www.google.com/search?q=bill+gates+53+milli on+house

    1. Re:$60 Million House - Trickle UP Economy... by Neopoleon · · Score: 5, Insightful

      "And one William Gates put $53 million back into the economy the old fashioned way by building a house."

      Along with over $25 billion to charitable causes.

      http://www.gatesfoundation.org/default.htm

      He deserves the house, I say.

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    2. Re:$60 Million House - Trickle UP Economy... by Sponge+Bath · · Score: 4, Interesting
      William Gates put $53 million back into the economy the old fashioned way by building a house.

      Not too shabby. But Mikey Dell's little ranch cost more.

      Odd part is, he pay less in property taxes than me.
      (Average tech worker with average house in same area)

      http://www.chron.com/cs/CDA/ssistory.mpl/topstory/ 2985061
    3. Re:$60 Million House - Trickle UP Economy... by Triumph+The+Insult+C · · Score: 1

      i wonder how much was spent on licenses for microsoft software. like for the computer that monitors a tree by the driveway (something like that)

      --
      vodka, straight up, thank you!
    4. Re:$60 Million House - Trickle UP Economy... by wft_rtfa · · Score: 3, Insightful
      Well at least people in the software industry spend there money more wisely than people in the entertainment industry.

      After all, Gates said he's going to give away all his money to charity before he dies. Most millionaires would spend this money on their childern to have many generations of wealth, fancy cars with spinning rims, or gambling in Las Vegas. I'm sure you've all seen MTV Cribs.

      --
      :-] :0 :-> :-| :->
    5. Re:$60 Million House - Trickle UP Economy... by CharlieHedlin · · Score: 4, Informative

      Of course that is for the house, land and everything. Gates house was 53 million by itself.

      The fact that Michael Dell is using an Ag exemption on his house is just wrong, but I know many people who do it, and it isn't just in Texas.

    6. Re:$60 Million House - Trickle UP Economy... by pomo+monster · · Score: 1

      Wow. I am dumbfounded. Only on Slashdot could this be modded a troll.

    7. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      I agree... flamebait may have been understandable (not saying deserved, just understandable) but troll was just right out a poor moderation. Well, that's why there is M2.

    8. Re:$60 Million House - Trickle UP Economy... by pomo+monster · · Score: 1

      Yeah, I get the impression people don't know the difference between flamebait and a good old-fashioned troll. Then again, the poster is a self-admitted Microsoft employee, so maybe, in some small way, he deserved it. :)

    9. Re:$60 Million House - Trickle UP Economy... by loqi · · Score: 1

      I remember reading somewhere that Ross Perot, through various loopholes, pays something on the order of 7% income tax. So I laugh whenever some conservative goes off about how America's wealthy are like Atlas, bearing a world of tax burdens on their weary (but capable and compassionate!) shoulders. Let's give them all a hand, and tax cuts!

      --
      If other reasons we do lack, we swear no one will die when we attack
    10. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      Perot invests heavily in state & local bonds -- the govt cuts him a break because he's financing public infrastructure at a relatively low rate of return.

    11. Re:$60 Million House - Trickle UP Economy... by Neopoleon · · Score: 1

      "Then again, the poster is a self-admitted Microsoft employee, so maybe, in some small way, he deserved it. :)"

      The poster is also a human being, and doesn't deserve to be treated like shit just because he chooses to work for, and hopefully help improve, Microsoft.

      That said, I do appreciate you commenting about the troll mod. I've been treated *very* fairly on Slashdot in spite of my status as an MS employee, and it's nice to see people say something nice even when they might not be so happy about who I work for.

      Zealotry sucks on both sides of the fence :)

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    12. Re:$60 Million House - Trickle UP Economy... by lionheart1327 · · Score: 1

      You do realize that all of his money in the bank and stocks is very active in the economy don't you?

    13. Re:$60 Million House - Trickle UP Economy... by johansalk · · Score: 3, Insightful

      Can someone tell me the tax advantages of "charitable causes"? I often heard the philanthropic interests of the rich often had more to do with managing their taxes. Also, to what extent are his charitable donations are "real", either by not being tax write-offs, or, for example, software to schools that really costs FAR less than its advertised value and is actually of strategic benefit.

    14. Re:$60 Million House - Trickle UP Economy... by SeventyBang · · Score: 1

      I heard he was going to give away 95%. He does have to have something to live on. If we ballpark this, we could say he's $50B when he croaks.[1]


      $50B = 50'000'000'000
      5% = 0.05
      $50B * 5% = $2'500'000'000.00
      or
      $2.5B

      That's a healthy chunk of change. If he left everything behind to his kids, it'd be split three ways although there's still the Bill & Melinda Trust|Endowment Fund.

      Lest anyone think leaving it to the kids keeping future generations in a healthly position take a look at the Kennedys. Just a couple of generations ago, life was cushy and there were few enough everyone could live off of the interest and didn't touch the principal. Guess what? They started breeding like rabbits (or is that like coat hangers in dark clost?) and no one was working enough to replenish the principal.

      It's been calculated that the Kennedys could become middle class in the next 4-5 generations.

    15. Re:$60 Million House - Trickle UP Economy... by roman_mir · · Score: 0

      Oh, man, that is so cool that he found this loophole to pay less taxes. Worthy admiration (I am not sarcastic, I wish I never had to pay any taxes.)

    16. Re:$60 Million House - Trickle UP Economy... by TykeClone · · Score: 1

      I don't think it does too much good now (AMT eliminates lots of the charitable giving deductions), but with the inheritance tax, that money would be essentially lost to the government anyway. A charitable foundation gives you a chance to sort of decide where it goes.

      --
      A fine is a tax you pay for doing wrong and a tax is a fine you pay for doing all right.
    17. Re:$60 Million House - Trickle UP Economy... by SeventyBang · · Score: 1

      This page claims it took seven years and $97M. It also states he can interact with it remotely.

      This is similar to what the guy who invented voicemail has set up. Nothing has been said WRT the total bill but it's been estimated at $25M. He used to joke that while Bill's will be bigger, his would work.

    18. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      If I were him I would give away 98% of the funds to charity and use the remaining little bit to live a modest life style.

    19. Re:$60 Million House - Trickle UP Economy... by SeventyBang · · Score: 1

      How is he gettting an exemption for silver? Is there a lot of his estate?

    20. Re:$60 Million House - Trickle UP Economy... by drsmithy · · Score: 2, Informative
      So I laugh whenever some conservative goes off about how America's wealthy are like Atlas, bearing a world of tax burdens on their weary (but capable and compassionate!) shoulders. Let's give them all a hand, and tax cuts!

      While I can't say I'm a supporter of constant tax cuts to the rich (although I will argue as to what classifies as "rich" - here in Australia, for example, "rich" is apparently someone earning more than AU$100k per year, or only about 3x the average wage) typically the top 10% of income earners pay something like 2/3 of income tax revenue (and of that, the top ~2% pay about 1/3). This is pretty consistent across the entire developed world.

    21. Re:$60 Million House - Trickle UP Economy... by Afrosheen · · Score: 1, Interesting

      There's a big difference between donating out of the kindness of your own heart, and donating to glean massive tax write offs.

      Remember, Microsoft is a company in this order.

      1. Marketing/PR firm
      2. Law firm
      3. Software company
      4. Hardware company

    22. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      Actually, we need to cut-out the money-grubbing and incompetent public school system. Imagine if an "evil" company was able to have you by the balls with property taxes. Lefties would be foaming mad.

    23. Re:$60 Million House - Trickle UP Economy... by cahiha · · Score: 1, Flamebait

      Along with over $25 billion to charitable causes. [...] He deserves the house, I say.

      Giving to charity in order to make up for bad business conduct, a bad reputation, and/or illegal conduct has a long, long history.

    24. Re:$60 Million House - Trickle UP Economy... by vitamine73 · · Score: 5, Interesting

      he might be a great guy and all ...

      but the same year he started providing grant money for research at my university, they signed an exclusivity agreement with microsoft... that means that they started dismantling the mac equiped labs (we would have no more if some faculty members had not fought against it!), and that it is now a hassle for researchers to buy macs with their own research grants! Giving away a few hundred thousand dollars here and there in exchange for valuble contracts does not seem so charitable to me!

    25. Re:$60 Million House - Trickle UP Economy... by Everything+Else+Was · · Score: 2, Informative

      From the source:
      Total grant commitments since inception: $7,486,247,357 http://www.gatesfoundation.org/MediaCenter/FactShe et/

      This is interesting too... http://www.gmsp.org/(srgqkk3je5wh0m55cf5oth24)/faq _detail.aspx?FaqID=87

      --
      My other account has mod points!
    26. Re:$60 Million House - Trickle UP Economy... by antic · · Score: 4, Informative


      Slightly related to your post:
      http://www.actionaid.org.uk/1674/press_release.htm l

      Talks about "real" aid figures, and what percentage of quoted aid is actual aid and not debt relief or administration, etc.

      10% of US aid is real. UK 71%, Luxembourg 81%.

      "In Cambodia, they found that the cost of 740 international advisors was $50-70 million, almost as much as the wage bill for the country's entire civil service of 160,000 people."

      Very subjective, but interesting to consider.

      --
      'Thats they exact same thing a banana wrench monkey.'
    27. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      Sure you would.

    28. Re:$60 Million House - Trickle UP Economy... by Mydron · · Score: 4, Insightful

      Not only do you get the tax advantages of being able to write off a portion of the charity, but if you happen to be so rich to afford your own "charitable foundation", there are other benefits as well!

      For example, you can afford to pay your friends and family handsomely for their management of the foundation. (In politics this would be called a patronage appointment) In Bill's case, his Dad and a former Microsoft executive. Although I'm sure they just happen to be exactly the right kind of people to lead such an esteemed organization.

      Also, you get the glamour and praise of fellow socialites and the plebs at large. This is especially helpful if you are battling an unfortunate image as a cold-hearted corporate capitalist. Now, folks like the grand-parent poster will kindly note your philanthropy at every turn. This is true even if your foundation does very little charitable work.

      For example, if you check out the financials of the foundation you can see that they pay out three times less in contributions than what they make from investments!

    29. Re:$60 Million House - Trickle UP Economy... by wesmills · · Score: 1

      Hot diggity, a fellow MS employee who doesn't work in one of the Redmond buildings. Hello. :)

    30. Re:$60 Million House - Trickle UP Economy... by wesmills · · Score: 1

      For the record, in this case Ag means "agricultural." If a parcel of land meets certain (rather loose) requirements, it is subject to a vastly different valuation system than other land. In the case of Mr. Dell's estate, land that would be valued and taxed at almost $75 million is instead valued and taxed at $290,000 because he has some livestock roaming on it.

    31. Re:$60 Million House - Trickle UP Economy... by H0NGK0NGPH00EY · · Score: 3, Funny

      Whoa, wait... Someone on Slashdot... defending Bill Gates... and getting modded up to +5 Insightful?

      I think I just heard the fabric of space-time tear.

      --
      Do not read this sig.
    32. Re:$60 Million House - Trickle UP Economy... by Neopoleon · · Score: 1

      "Hello. :)"

      Hi :)

      [Top Secret MS Handshake]

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    33. Re:$60 Million House - Trickle UP Economy... by Neopoleon · · Score: 2, Insightful

      "Can someone tell me the tax advantages of 'charitable causes'?"

      Yes.

      When you're very, very poor - like most of us - it means that you get to save a few hundred dollars at the end of the year by giving to, say, the Salvation Army.

      When you're very, very rich - like Gates - it means almost nothing. He has more money than he could ever possibly spend, with or without tax breaks. If he weren't really into this, then he wouldn't be doing it. Period.

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    34. Re:$60 Million House - Trickle UP Economy... by Neopoleon · · Score: 2, Insightful

      "Giving to charity in order to make up for bad business conduct, a bad reputation, and/or illegal conduct has a long, long history."

      Wow.

      I'd argue that famine and disease also have a long, long history.

      Unfortunately, it seems that most of us have somehow gotten so wrapped up in our silly little arguments about which browser is better to be able to care.

      I don't want to sound like Mr. Sourpants, but I'm guessing that if you're one out of four people living in Zimbabwe infected with HIV, you probably don't care about AJAX, plug-ins, or standards compliance - you're just glad that somebody's doing something.

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    35. Re:$60 Million House - Trickle UP Economy... by wesmills · · Score: 1

      [Top Secret MS Code Phrase]

    36. Re:$60 Million House - Trickle UP Economy... by slashdot.org · · Score: 1

      He deserves the house, I say.

      Well, I'm all the materialist myself and all (really), but you'll never hear me say that someone _deserves_ a $53M house. I personally don't believe anyone _deserves_ that - ever; some are just luckier than others. I'd love to be able to buy a house like that, but I'll never believe I deserved it.

      With regards to spending $25B on charity, this, I think, is where things are getting a bit out of control. Y'all can call me a commie and such, but seriously, think about it. Should one single person ever be in control of that much money?

      Fortunately it appears that Bill's making some good choices, but when one single person get's control over that much (money) power, I think it's fair to say that we have surpased capitalism.

    37. Re:$60 Million House - Trickle UP Economy... by cheesebikini · · Score: 2, Interesting

      Right, Microsoft "gifts" often come with ugly strings attached.

      Case in point: in exchange for a grant of merely $2.3 million, U. Waterloo agreed to no longer teach C++ and to teach Microsoft's C# instead. Details from CNet: http://news.com.com/2100-1001-949945.html

      I pray such "gifts" aren't coming to Berkeley: http://www.cheesebikini.com/archives/001061.html

    38. Re:$60 Million House - Trickle UP Economy... by simscitizen · · Score: 1

      Here at Stanford, our CS building is named Gates (and our chip fab is named Allen), but even so we are still half Mac/half PC, and almost all upper-level CS classes require programs to run on the big Solaris cluster.

    39. Re:$60 Million House - Trickle UP Economy... by radarsat1 · · Score: 1

      They seriously did this at U of M?
      I went to Concordia so I never heard about that.. That sounds really ugly.
      Did they touch the Linux / Unix labs??

    40. Re:$60 Million House - Trickle UP Economy... by loqi · · Score: 1

      My point is that doesn't matter. You can't claim a tax is unfair because people that have the most pay the majority of taxes. If you swallow that reasoning, then even if every really wealthy person payed 1% income tax, and everyone below $30,000 payed 30%, it would still be unfair to the rich (depending, of course, on how many poor and rich people there were). If you really *do* believe that's unfair to the rich, then we don't have any basis for discussion.

      --
      If other reasons we do lack, we swear no one will die when we attack
    41. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      It may be earmarked for charity, however very little of it has actually been spent on charity, to date.
      Most of what has been spent went to corrupt third world countries to ensure that during the next ethnic cleansing there will be plenty of little helpless bodies to hack into pieces.

    42. Re:$60 Million House - Trickle UP Economy... by Neopoleon · · Score: 1

      "It may be earmarked for charity, however very little of it has actually been spent on charity, to date."

      Fantastic point, my friend.

      Bill should have written a $25,000,000,000 check to the Ronald McDonald House so that he could have spent more of the money faster and enjoyed the tax write-off sooner.

      "Most of what has been spent went to corrupt third world countries to ensure that during the next ethnic cleansing there will be plenty of little helpless bodies to hack into pieces."

      Hm.

      Well.

      That's a tad cynical :)

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    43. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      It's sad, but true :(

    44. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      I might add that most people I know view this charity as nothing more than a way to protect the money, while giving his entire family and all decendants of his family a comfortable paycheck as administrators of this bogus charity.
      Every charity of every wealthy persons has done this for ages now. I've one living next door to me here in Texas, called the Wagner Estates, which is probably the largest working ranch in the United States. The charity does as little as possible to help anyone, just enough to maintain it's charity status.

    45. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      Hell, most people I know regard all charities in this light.
      Every charity in existance, Rockefeller, Carnegie, Mellon all of them have more money now than they did when started. None of them spend one more dime than needed to keep there charity status.
      Everyone of them is a tax dodge ensuring all descendants a living wage despite their individual stupidity.
      Everyone of them ensures the descendants of the founder a comfortable living wage and that's all they do.

    46. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      The simple version of the story is this:

      If you make $200,000 and your tax rate is %30 you will pay $60,000 in taxes and take home $140,000.

      If you donate $100,000 to charity then that is taken off the top before paying taxes, so you'd pay $30,000 in taxes instead of $60,000 but note that you'd still pocket only $70,000.

      People have this strange idea that when rich people make tax contributions they somehow take more money home because of it. A better way of thinking about it is that if you donate to a charity the government will match about 30% of your donation (via the taxes they dont collect). Actually taking home more money can only really happen when the donation bumps you into a different tax bracket so you pay 25% instead of 30% - but even still such savings would be miniscule.

    47. Re:$60 Million House - Trickle UP Economy... by big_dog · · Score: 1

      Not so true. For the very rich creating charitable trusts can be a helpful way of avoiding taxes that normal people would have to pay.

      There is a very interesting article in the NY times by David Cay Johnston: http://www.nytimes.com/2003/12/21/magazine/21ENCOU NTER.html?pagewanted=2&ei=5007&en=21e3450ac9e31ab3 &ex=1387342800&partner=USERLAND

      Excerpt: ...
      Blattmachr's genius is in seeing the whole and these holes in the whole. He then sells this genius to his clients. One of his early insights was that it is entirely and legally possible for the superrich to reap unlimited stock profits without paying a cent of capital gains tax. The rich can do this by manipulating charitable trusts. These trusts are a common enough device used by generous people who own an asset, usually stock, that has appreciated in value. Instead of selling the stock, paying capital gains taxes, and then investing the after-tax proceeds, a person can instead donate the stock to a charitable trust that he controls. The trust can sell the assets tax-free and invest the untaxed proceeds. The income from that investment -- typically 6 percent annually -- is paid to the donor for life. When the donor dies, what remains in the trust goes to charity.

      Blattmachr took this clever gimmick and supersized it. He figured out a way to turn that nice little 6 percent annual income stream into a torrent -- 80 percent returns a year for two years. So on stock gains of $100 million, the owners would get back at least $96 million, as opposed to the mere $72 million they would have gotten if they had sold the stock outright and paid capital gains taxes. Then the trust would fold, and some charity would get the remaining $4 million. The government would get less than nothing since the gift to the charitable trust would create an income tax deduction. ...

    48. Re:$60 Million House - Trickle UP Economy... by vitamine73 · · Score: 1

      They seriously did this at U of M?
      Yup! This took place 1 or 2 years ago; and you still have to go thru a lot of paperwork and justify why you need a mac when you want to buy one with your grant money! for a windows machine, a simple call gets it delivered to your lab
      Did they touch the Linux / Unix labs??
      No, we still have some off those, well last time I checked at the CS building, I am in biology however. I still have access to some Unix servers too.

      BTW, "Université de Montréal" (UdeM in short) is the name of the school, unlike Concordia or McGill. This means you can't call it University of Montreal (or UofM), whereas you can speak of université McGill.

    49. Re:$60 Million House - Trickle UP Economy... by pomo+monster · · Score: 1

      Is that like when they hide your password with stars? Would I be able to see it if I switched to IE?

    50. Re:$60 Million House - Trickle UP Economy... by drsmithy · · Score: 1
      You can't claim a tax is unfair because people that have the most pay the majority of taxes.

      They don't. People say progressive tax regimes are unfair because they tax the rich more both as an absolute and a relative measure than they tax the poor. The numbers merely give a graphic demonstration of this unfairness.

      [...] (depending, of course, on how many poor and rich people there were)

      Precisely. The only *objectively fair* systems that don't depend "on how many poor and rich people there are" are ones that involve either flat taxation rates or consumption taxes.

      Now, having said all that, I do support progressive tax systems (to a degree), just not the current one (sorry, I can only talk about Australia, but I assume the US and UK are similar in principles, if not in details).

      * Progressive taxation rates should be a sliding scale up to a maximum amount at a certain income level, not "tax brackets".

      * If there must be "tax brackets", then the bracket cutoffs must also be indexed to inflation (to eliminate "bracket creep").

      * The top tax level should really be reserved for people who are unquestionably "rich". Here in AU, it cuts in at about $80k (will rise to $125k over the next couple of years - FYI the top tax rate is 48.5%). This is *way* too low to be considered "rich" (the average wage is about $35k IIRC). I don't have the actual data to give an exact figure, but my gut feeling based on the numbers I have seen in the past is that the top level should cut in at about the point where the start of the top 3% - 5% of income earners sit, which I'm guessing will be in the ballpark of 15x the average wage. My understanding is that the US system is much closer to my ideal and that the top tax bracket is substantially higher.

    51. Re:$60 Million House - Trickle UP Economy... by SeventyBang · · Score: 1

      I was making a joke.

      Specifically, paronomasia.

    52. Re:$60 Million House - Trickle UP Economy... by wesmills · · Score: 1

      Oh. I usually take questions like that literally, since I can't assume everyone who asks is either from Texas or the US in general, so I answer as if they were serious. Terribly sorry. :)

    53. Re:$60 Million House - Trickle UP Economy... by loqi · · Score: 1

      Precisely. The only *objectively fair* systems that don't depend "on how many poor and rich people there are" are ones that involve either flat taxation rates or consumption taxes.

      I don't think you can call that objectively fair, because you're making an assumption about the value of money.

      Progressive taxation rates should be a sliding scale up to a maximum amount at a certain income level, not "tax brackets".

      Yes, tax brackets are unbelievably stupid. I think I'd prefer a logarithmic scale of returns to a maximum cutoff though.

      --
      If other reasons we do lack, we swear no one will die when we attack
    54. Re:$60 Million House - Trickle UP Economy... by Anonymous Coward · · Score: 0

      Remember the old joke about most of the people in KKK meetings these days being undercover reporters? I think slashdot is getting to this point with MS astroturfers :/

      Either that, or it's now just full of teens who believe all the hype they read and are too young to remember the anti-trust case.

  4. And bill bought... by Virtual+Karma · · Score: 3, Interesting

    And bill bought all these

    1. Re:And bill bought... by hacker · · Score: 2, Insightful

      Too bad that list stops at 1997. I wish there was one that remained current... I'm sure their acquisitions accellerated over the last few years.

    2. Re:And bill bought... by Barryke · · Score: 1

      What is Apple Computer doing in that list? See "java related". btw, that "i'm no script box" is killing me, i cant read that!!

      --
      Hivemind harvest in progress..
    3. Re:And bill bought... by Osty · · Score: 1

      The original poster used the term "bought", but the site includes investments. Microsoft invested heavily in Apple, thus it's on the list.

      The original poster is also being facetious by saying that Bill bought that. Microsoft the corporation made those purchases and investments, which is a completely separate entity from Bill Gates. Of course, that's just splitting hairs here on Slashdot.

  5. Giving back by cheesebikini · · Score: 2, Funny

    The most admirable way Microsoft is giving back: allowing us all to us the digits 1 and 0 royalty-free: http://www.huumor.com/joke_1118

    1. Re:Giving back by sedyn · · Score: 0

      Yeah, that's all well and good but I've heard that they plan on holding the alphabet hostage for some time to come. I suspect that their first move will be to sue Sesame Street for being sponsered by the letters E, G and F without showing the trademark symbol.

      --
      Am I open minded towards open source, or closed minded towards closed source?
    2. Re:Giving back by Anonymous Coward · · Score: 0
      Come on, you could at least link directly to The Onion rather than giving those leeches the ad revenue

      http://www.theonion.com/onion3311/microsoftpatents .html

    3. Re:Giving back by cheesebikini · · Score: 1

      I -wanted- to link directly but The Onion took it offline (except for pay subscribers).

    4. Re:Giving back by Anonymous Coward · · Score: 0

      Oh wow, so they did. Bastards. Sorry about that.

  6. Re:Haiku by Anonymous Coward · · Score: 0

    The front page is not healthful. Return to 20721 immediately.

  7. I know it is capitailism and all... by kalislashdot · · Score: 1, Insightful

    but that just proves they charge too much for their software. But since these are all guys who own stock I guess that is unrelated to income.

    What I don't get is why these people still work. Bill can never "cash out" so he is not really worth that much. If he sold it all the stock would drop big time.

    Of course. If I had several million I would not work and live comfortably on some tropical beach for thr rest of my life. Ok I got 10 million, I am out of here, I could give a damn about my company politices or charities. Let me relax the rest of my life drinking in some south pacific beach.

    1. Re:I know it is capitailism and all... by Dr.+Weird · · Score: 2, Insightful

      The same reason some of us would do our jobs for free, as we either enjoy them enough or think they are important enough.

    2. Re:I know it is capitailism and all... by NitsujTPU · · Score: 5, Insightful

      Apparently you don't understand what it means to charge too much.

      Charging too much puts you in the poorhouse. Charging what the market is willing to bear makes you wealthy.

      It sounds to me as if they are charging correctly. Now, if you want to argue that they have monopolist tactics and such, well, you could build an argument, but to say that charging too much made them wealthy merely shows that you are arguing that MS should be some sort of charitable organization.

      I don't think that I would ever go to any company VP (and I know a few) and tell them "You know, we make too much money around here, lets lower prices."

    3. Re:I know it is capitailism and all... by Neopoleon · · Score: 2, Insightful

      "What I don't get is why these people still work."

      Most of us sign on to Microsoft because we *want* to work for Microsoft.

      Although I'm not one of these millionaire people, I know a couple, and they come to work every day because they love their jobs.

      "Bill can never 'cash out' so he is not really worth that much."

      Um.

      He's, uh...

      Well... ...not really hurting for cash. There are limits to how much money you can spend in a day, you know?

      Plus, he worked his ass off to build the company. Why would he want to "cash out" of that? It's obvious that his interest in the company goes well beyond the dough.

      "If I had several million I would not work and live comfortably on some tropical beach for thr rest of my life."

      And that, my friend, is probably why you don't have $10 million :)

      The few wealthy people I know are all workaholics.

      Unless they inherited the stuff. God, those people are annoying.

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    4. Re:I know it is capitailism and all... by Anonymous Coward · · Score: 0

      You're fired.

    5. Re:I know it is capitailism and all... by SeventyBang · · Score: 1


      First things first. There's a "Rich Dad" series: "Rich Dad, Poor Dad" - the advice rich fathers give their children vs. what most fathers tell their kids. Why do which people work for whom? Who owns the company and who works for the owner of the company? There's an entire series - advice for teens, investment advice...
      Free tip for saving money (from me): Use Amazon to do your research about books - finding out a hardback book also has a paperback version, which you are willing to buy, the reviews, what books everyone else bought with it, etc.
      Then: go to AddAll and use a book shopping 'bot to scan (40?) online book stores. Frequently, you'll find you can get a book and shopping for less than the book from B&N or Amazon. And occasionally, you can beat the number of days required to ship it|them. It's no different than using Froogle or PriceWatch to shop.
      I was taught: go first class, then find the lowest price.

      Now - a perfect example wealth and what the market (of 1) will bear in a clash of wealth vs. rich (or middle class)[1] in an episode of Taxi: Cooking for Two . Reverend Jim torches Louie's apartment and Jim's dad says he'll pay whatever Louie tells Jim on the phone (Jim's dad is extremely wealthy, as we see in another episode. Alex points out the danger of doing that - that Louie would fill it out for $1M and Louie tells him that's where they are different. Louie says there's a value low enough that (Louie shrugs his shoulders and makes a quick cheep) and high enough to make him (shudder). And Louie sets about to work through his body motions to find the right value. What happens? Louie $30,000 and Jim's dad okays it. Louie is overjoyed until he learns that Jim's dad was expecting the amount to be more like $200k.


      [1] Years ago, "middle class" was a defined value. It seems now as though there's upper class and everyone else.

    6. Re:I know it is capitailism and all... by NitsujTPU · · Score: 1

      I still don't see how this clashes with the argument.

      Look at this as a simple contraints optimization/linear programming problem. The goal of the system is to drive profit up.

      If Microsoft were poor at this, then they wouldn't have so much money. If they did this better, they would have still more money. There is no scenario in which the optimization, from the viewpoint of the company doing the selling, is better when they have less money.

      The point isn't to distribute more copies of Windows, or to stimulate the economy, or to give consumers a good value. It's to pump your consumers for as much money is they can possibly give you.

    7. Re:I know it is capitailism and all... by SocietyoftheFist · · Score: 1

      The market, to be completely competitive, requires a fully informed consumer. I think I can say that, without putting forth an argument to back it up, that most consumers of computers do not inform themselves of their options. Microsoft has $40-$50+ billion because they have a defacto monopoly. My mother thinks you have to have word to type a document.

    8. Re:I know it is capitailism and all... by NitsujTPU · · Score: 1

      Yes, I agree.

      It's certainly not in Microsoft's interest that consumers be educated about anything aside from their product line though.

    9. Re:I know it is capitailism and all... by timeOday · · Score: 1
      I think "they charge too much" is shorthand for, "obviously the market isn't operating very efficiently in this case."

      The fact is that Bill Gates does less work for each dollar "earned" than a welfare recipient does. I'm not saying that as flamebait, I've worked it out and it's true.

    10. Re:I know it is capitailism and all... by NitsujTPU · · Score: 1

      What does a welfare recipient do that counts as work?

      I'm not saying that to sound insensitive, I've had a couple of friends who were on welfare for a while. Sure, the one went to college, but a couple of them hung around all day playing Everquest.

      I hope that they don't take offense, but I didn't perceive that as work. They eventually got jobs and moved on with their lives. That's what welfare is there fore.

    11. Re:I know it is capitailism and all... by loqi · · Score: 1

      Maybe the GP is just counting all the lost productivity due to MS software against Bill. Most welfare recipients couldn't adversely affect society to such a magnitude if they devoted their lives to it.

      --
      If other reasons we do lack, we swear no one will die when we attack
    12. Re:I know it is capitailism and all... by NitsujTPU · · Score: 1

      I'd still like to see the rationale since he says that he's worked it out.

      Divide by zero IS infinite.

    13. Re:I know it is capitailism and all... by SocietyoftheFist · · Score: 1

      They don't have to be educated but it trashes Microsoft's argument that people choose their products. One of my favorite lines with people that like to argue for Microsoft superiority is to ask them to name 10 features in xxx product from Microsoft that isn't available in yyy product from zzz company. The reactions are usually amusing. People don't like it when their whole argument comes tumbling down and they have to admit they never made a choice, they just took what they were given.

    14. Re:I know it is capitailism and all... by NitsujTPU · · Score: 1

      Certainly, but I think that for the most part, people want to behave liek children, and be credited as behaving as adults.

      That's why it's so easy to become a tyrant.

    15. Re:I know it is capitailism and all... by killjoe · · Score: 0, Troll

      Let's pretend the welfare receient does one minute of "work" of some sort every day. At that rate bill gates does less to earn more. Do the math. Even if Bill Gates works 24 hours a day to earn his money it still doesn't add up right.

      --
      evil is as evil does
    16. Re:I know it is capitailism and all... by NitsujTPU · · Score: 1

      Even if Bill Gates works 24 hours a day to earn his money it still doesn't add up right.

      I'm going to go ahead and guess that you are not a capitalist, as you seem to have a problem with Mr. Gates merely because he has made a lot of money on a very successful business.

      I'm a capitalist. I don't believe that he owes anybody anything because of his wealth, and he does give philanthropically.

      Not that I know if you are a supporter of Free Software, but would you take this attitude if Torvalds or Raymond or Stallman made this kind of money?

      You're pushing down the wrong avenue for this kind of argument. The communism argument was a different thread. Now, if you want to argue that anticompetitive tactics are poor for the economy and industry overall, well, you could build a solid argument. No, getting pissed off just because Mr. Gates has made a lot of money is just not valid in my opinion. Will you be taking pot shots at Onasis or Trump next?

    17. Re:I know it is capitailism and all... by killjoe · · Score: 0, Troll

      Capitalism is a tidy theory that has led to complete disaster every time it's been put into practice. All capitalist nations have always ended up with a handful of families owning all of the land and natural resources of a nation and eventual revolution where those families have been run out or killed.

      that's why today no nation practices capitalim. The US which is the least socialist modern state has a robust welfare system, free education for all, progressive taxation, social security, welfare, medicare, and subsidies for every known industry.

      I am afraid socialism has proven to be the only system that has worked and it has worked rather well in europe, asia, and the US. Right now socialism is the most widely practiced system of governance in the world. There are still capitalistic holdout nations in africa and other parts of the third world but they will forever be held back with contants coups, civil wars, and rebellions against the ruling class who control all the wealth.

      Capitalism doesn't work, never has, never will. That's why the US is a socialist govt.

      --
      evil is as evil does
    18. Re:I know it is capitailism and all... by NitsujTPU · · Score: 1

      While I agree that there is a strong socialist swing in the US, I do not agree that capitalism does not work.

      Also, I certainly wouldn't carry a grudge against someone merely because they have become successful.

      There are still capitalists in the US, and we will get our chance when people start using the words that they mean. People do not want this level of control, that's why politicians make sure to avoid words like socialism and police state, even if that is what they are driving towards.

    19. Re:I know it is capitailism and all... by killjoe · · Score: 0, Troll

      " I do not agree that capitalism does not work."

      If you don't agree then I submit you are ignorant of thousands of years of mankinds history. Socialism is a new invention, before that capitalism ruled the world. In every single case without fail capitalism ended up as dictatorship, fiefdoms, monarchy, or an oligarchy of some sort. That's because in capitalism the rich always get richer.

      "Also, I certainly wouldn't carry a grudge against someone merely because they have become successful."

      That's kind of irrelevent. I hold grudges against lots of people for lots of reasons. So what?

      "There are still capitalists in the US"

      Of course there are. There are also flat earthers, people who believe in aliens and all kinds of other people. Alas reason and evidence shows that the earth is round, there are no aliens and capitalism does not work. Never has, never will. SOcialism is the only form of govt that has proven to work in the long term.

      --
      evil is as evil does
    20. Re:I know it is capitailism and all... by NitsujTPU · · Score: 1

      Your arguments don't agree. Is socialism a new invention, or a time-proven strategy for a long lasting regime?

    21. Re:I know it is capitailism and all... by killjoe · · Score: 1

      Notice I said "socialism is a relatively new invention". Socialism has been around for around two hundred years. Before that mankind lived under different forms of capitalism for thousands of years. We all know how capitalism always end up. Few control everything and eventually the population rises up and revolutions occur.

      Socialism has finally been able to end that cycle of violence.

      --
      evil is as evil does
    22. Re:I know it is capitailism and all... by NitsujTPU · · Score: 1

      Do you really feel that 200 years has proved that socialism is a good system?

    23. Re:I know it is capitailism and all... by killjoe · · Score: 1

      Yes I do. If you take a look you will notice that all the socialist countries in the world are living a very high standard of living. Those that are less socialist live in much lower standards. Take a look at countries where there is no minimum wage, no free education, no welfare, no social security and no govt subsidies for private enterprise and you will see abject poverty and miserable populations.

      --
      evil is as evil does
  8. Pshhhhhhhhhh by TheRealMindChild · · Score: 4, Funny

    Chris Peters bought the PBA (Professional Bowlers Association), while Stephanie DeVaan founded a political action committee and Rich Tong founded Ignition Partners, a VC firm

    Those were the ones that I felt spent their money foolishly. Personally, I planned to make my money really make a difference, so I invested it in RAMBUS's RDRam, SCO's OpenLinux, and those great people at Maui eXtreem that brought us CherryOS, to just name a few. I also have some money in some really rather secret business, but I can tell you this much... apparently a prince somehow somewhere is being locked captive in a sewer ditch, twelve KM outside of Falusia, Iraq, but he managed to get to a terminal somehow, find me, and ask for some assistance. I stand to make millions by helping this individual simply move his money to a safe place. Now that is smart business.

    Soon I will be on TV telling Donald Trump, "YOURE FIRED..... NIGGA!"

    --

    "When life gives you lemons, don't make lemonade. Make life take the lemons back!" -- Cave Johnson
    1. Re:Pshhhhhhhhhh by superpulpsicle · · Score: 1

      As long as they don't invest and reinvest in real estate, I don't care. They could have easily bought houses, then resell immediately. Repeated this process until there is a real estate bubble... oh wait....

    2. Re:Pshhhhhhhhhh by qualico · · Score: 0, Offtopic

      roflmao!

      outrageously funny.

  9. This is getting beyond sad.... by SeventyBang · · Score: 3, Funny

    There is around?

    It's time for some of the "special ones" responsible for posting the material to step aside. This is getting more than silly.

    It's time to clean house and boot the idiots.

    It's not fair to those who submit the stories, only to have some moron with special privileges " edit " (mangle) them to make them grammatically incorrect - mostly, because they don't know what they are doing. I have an authoring background worthy of doing this and I'm certain there are others as well.

    It's time to put them out to pasture, but not to stud. We don't need those genes to continue.

    1. Re:This is getting beyond sad.... by blonde+rser · · Score: 1

      This is modded insightful? Slashdot is nothing more than a popular forum. It's not time to clean house unless the idiots that run it decide it's time to clean house. Slashdot doesn't owe you anything. If you think you can do a better job then go start your own forum. Many have tried. And of course the standard threat is that slashdot depends on submitters for content so they better treat them well or they will stop submitting. But guess what; slashdot has treated its submitters the same way for years and yet stories keep getting submitted.

      In fact, they're bigger now than they've ever been before. Have you noticed the outside content providers that google offers on its personalized home page? There is the New York Times, Wired, the BBC, and Slashdot. I would say these "special ones" have gotten their website in pretty good company. I guarantee you that you will never receive a job offer to be a slashdot editor by posting a message about how you are better trained to do their jobs. They don't care about you and - more importantly - they don't have to.

      This comment should be modded into oblivion but please take my parent down with me.

  10. it's funny by cryptoz · · Score: 0, Flamebait

    how nobody spends their money in ways that could help others. Microsoft alone could solve the world's hunger problems. They could cure all the curable diseases. They could save the 33,000 kids that are dying every day because they're hungry.

    Okay, okay, we all know MS doesn't give a flying piece of bird crap about people, no matter who they are. But still, it's really sick to see some of the things on which they spend their money...

    If I were a millionaire, I'd probably do the same thing. So call me a hyprocrite. It just makes me feel sick.

    1. Re:it's funny by Mishra100 · · Score: 1

      "If I were a millionaire, I'd probably do the same thing."

      And that is the reason the world does exactly what you don't want them to..

      I don't understand why you would complain about something that you said you wouldn't do? Thats like complaining that chips are the most disgusting food product ever... And then eat some chips the next day.

    2. Re:it's funny by cryptoz · · Score: 1

      I didn't say I was all above everyone else and that I'm divine and I'm not selfish and all that junk. I was just making a comment on our society. jeeze.

    3. Re:it's funny by Anonymous Coward · · Score: 0

      You have to be a millionaire to help eh? Just like you're donating all of your salary to preventing poverty.

      You could save a few kids a day, maybe even a lot if you worked hard.

    4. Re:it's funny by DigitlDud · · Score: 4, Interesting

      Microsoft gives a crapload of money to different causes though. In fact I think they're number one when it comes to philanthropy. For example, if an employee donates to a charity the company will give twice that.

      Especially with the liberal area the Microsoft headquarters is in, it's almost a given that they give tons of money to "disadvantaged" groups.

    5. Re:it's funny by Mishra100 · · Score: 1

      I'm in no way trying to be disrespectful.

      All I am saying is I would like to see people follow their good insincts rather than just shrug it off and go with what society tends to do... Be an individual, stand up for what you believe. :)

    6. Re:it's funny by pomo+monster · · Score: 1

      But the way you put it--that's no comment on our society. That's a comment on human nature.

    7. Re:it's funny by nomadic · · Score: 5, Informative

      how nobody spends their money in ways that could help others. Microsoft alone could solve the world's hunger problems. They could cure all the curable diseases. They could save the 33,000 kids that are dying every day because they're hungry.

      Okay, okay, we all know MS doesn't give a flying piece of bird crap about people, no matter who they are. But still, it's really sick to see some of the things on which they spend their money...


      Bill Gates has personally spent more on charity than everyone who reads slashdot combined. He spent $28 billion endowing his foundation, and they do a lot of good work in, for example, third world health issues.

      Whatever Bill Gates' flaws, and he has a lot, he has been very generous with his money.

    8. Re:it's funny by elgatozorbas · · Score: 1
      Microsoft alone could solve the world's hunger problems. They could cure all the curable diseases. They could save the 33,000 kids that are dying every day because they're hungry.

      That does not do credit to Bill Gates. He already donates lots of money to medical research. IIRC, when he dies he will only leave a (relatively) small fraction of his fortune to his children and donate the rest to charities too.

    9. Re:it's funny by Anonymous Coward · · Score: 0

      you're really very naive.

    10. Re:it's funny by NDPTAL85 · · Score: 2, Informative

      You are actually a moron. Microsoft does not have enough money to do any one of the things you stated individually let alone all together. First of all there is already enough food on this planet. Its a matter of distribution. Devising cures for diseases requires hundreds of billions of dollars, something MS doesn't have.

      Lets just admit that we're not all that good at economics and thats why we're not all rich. ;-)

      --
      Mac OS X and Windows XP working side by side to fight back the night.
    11. Re:it's funny by NitsujTPU · · Score: 2, Interesting

      Right you are. That is one of the biggest problems facing open source right now.

      You get a handful of well-educated people arguing for an idea. Then you get a mob of people who just want to bitch at something... Bill Gates is just their target.

      If you want to bitch about something, target on it, make sure it's the truth, and then try to correct it (instead of mindlessly bitching).

      Honestly, do you think that MS was able to rise to such a strong position without a lot of help from a lot of entities? You know that IBM did a lot of soul searching about the time that Windows 95 and OS2 were floating around. The American public has to be swayed. Offer a cheaper computer, with Linux, OpenOffice, and so forth... do you really think that the question "is it compatible?" is coming out of the mouth of a person who really fully grasps the ramifications of that statement?

      Wake up, the people who want to drive us into a police state certainly aren't smart enough to keep capitalism alive. You're going to need another approach, and spreading lies on a message board won't help.

      Mod the parent way the hell up.

    12. Re:it's funny by Anonymous Coward · · Score: 0

      heh and i bet they're pissed about that

    13. Re:it's funny by Anonymous Coward · · Score: 0

      Read your Adam Smith....no matter how you spend it it helps everybody(unless you spend it paying taxes then it funds the State)

    14. Re:it's funny by wft_rtfa · · Score: 1

      Bill Gates has also donated more money to charity than any one person has...ever.

      --
      :-] :0 :-> :-| :->
    15. Re:it's funny by cooldev · · Score: 1

      Microsoft alone could solve the world's hunger problems. They could cure all the curable diseases. They could save the 33,000 kids that are dying every day because they're hungry.

      Huh? Are you stupid, or just dilusional? That was the most ridiculous thing I've read in quite some time.

      Besides, Gates and Microsoft have donated plenty. Their donations -- both as a percentage of profit and in absolute terms -- dwarf those of most other companies, including those that are many times larger than Microsoft, such as Walmart.

    16. Re:it's funny by DelphiGeek · · Score: 0, Flamebait

      Just to be fair Gates has probably seen more than 280 Billion come through his bank account. So he gave away 28 Billion. Yes this is sizeable. Huge, in fact, but it is 10% of his worth.

      Go to any self respecting church in the United States and you will find 30 to 40% of their membership giving more than 10% of their income. Just because their $7,000 contribution doesn't compare to Bill's 28Billion I would argue it hurts them a lot more to give their 10%.

      When Bill gives up 90% of his fortune and lives on 10% then we can discuss how humanitarian he is. Until then I write it off as guilt money.

    17. Re:it's funny by Thing+1 · · Score: 1
      Its a matter of distribution.

      I hear this all the time, and it's just not true. It's not "just" distribution; distribution requires transport, oil prices are going up, therefore the cost of getting food to those in need is going up.

      Now more than ever it's more difficult to feed everyone, because the cost of transport is at an all-time high.

      --
      I feel fantastic, and I'm still alive.
    18. Re:it's funny by Anonymous Coward · · Score: 0

      "Bill Gates has personally spent more on charity"
      Bill Gates has personally received more money back from the tax-department than anyone else on the planet

    19. Re:it's funny by hunterx11 · · Score: 1
      The United Nations hopes that it can halve poverty by 2015, and this is assuming that industrialized nations contribute 0.7% of their GDP toward Millennium Development Goals annually. Even so, it is optimistic to think that this will halve poverty, much less solve hunger or disease, or even marginalize either. And while few countries have contributed as much as they have agreed to, the proposed figure amounts to far more than what Microsoft is worth.

      Poverty, disease, and hunger are not just a matter of not enough money being thrown at the problems; while more money can always help more, it is not even necessarily a lack of money that is always the primary obstacle to development. There are already hundreds of billions of dollars spent on aid, and brilliant people doing their best to make the world a better place. And yes, the world still sucks. But the victories are not always things that are heard of in popular culture. Norman Borlaug sure isn't a billionaire.

      --
      English is easier said than done.
    20. Re:it's funny by Bullfish · · Score: 1

      Maybe we are good at economics, and maybe we're not, but you're talking to people who freaked out and demanded their money back at the theatre when they found out that Kill Bill had nothing to do with Mr. Gates.

    21. Re:it's funny by tooth · · Score: 1
      Bill Gates has personally spent more on charity than everyone who reads slashdot combined.

      But what if Bill reads slashdot? Ah-ha! That's your logic gone, mister smarty :-)

      Actually, it looks like he hasn't been active for a while.

    22. Re:it's funny by Hosiah · · Score: 1
      " For example, if an employee donates to a charity the company will give twice that. "

      If that's so, I wonder what would happen if any of their employees donated to the Free Software Foundation just to yank their chain...

    23. Re:it's funny by Anonymous Coward · · Score: 0
      If that's so, I wonder what would happen if any of their employees donated to the Free Software Foundation just to yank their chain...

      It happens almost every year. Search these pages for the word "Microsoft":

      http://www.gnu.org/thankgnus/2004supporters.xhtml
      http://www.gnu.org/thankgnus/2003supporters.html
      http://www.gnu.org/thankgnus/2002supporters.html
      http://www.gnu.org/thankgnus/2000supporters.html
      http://www.gnu.org/thankgnus/1999supporters.html
    24. Re:it's funny by Anonymous Coward · · Score: 0

      It really hurts to give when you got more than anyone in the world after you have been a nice guy. I would have been impressed if Bill became the second richest bastard on Earth because of his charity.

    25. Re:it's funny by dan_bethe · · Score: 1
      Whatever Bill Gates' flaws, and he has a lot, he has been very generous with his money.
      Whenever referring to a tax, it's best to call it "our money".
  11. Embrace, extend, swing, release... by Empiric · · Score: 3, Funny

    For example, former programmer Chris Peters bought the PBA (Professional Bowlers Association)... If you can't beat them... just redefine the value of "splits".

    --
    ~ Whence do you come, slayer of men, or where are you going, conqueror of space?
  12. AHHHH!! by songofthephoenix · · Score: 1
    FTA:
    "It has also drawn some well-known partners, most recently John Connors, who retired as Microsoft's chief financial officer in March."

    It's happening!! *hides in basement and waits for Arnie*

  13. Ah! by ShaniaTwain · · Score: 1

    Now I know what I want to be when I grow up. A Microsoft Millionaire!

    Thats probably better (but less fun) than my alternative career goal

  14. Well... by DigitlDud · · Score: 1

    Being a millionaire isn't that special when you're in the Seattle area and you can get a run-down shack for about $1 million. On the other hand, you can buy a crapload of lattes.

  15. A Million dollars doesn't go as far as it used to by Anonymous Coward · · Score: 5, Insightful

    Tried shopping for a house in New York City? Being a millionaire used to mean you were rich. Now it just means you are middle class with some savings.

  16. Really? by binkzz · · Score: 2, Interesting
    1. People make money.
    2. People spend money.
    3. Fascination!

    I thought "and Rich Tong founded Ignition Partners" said Tong founded Ignorance Partners at first, that would have been interesting news.

    --
    'For we walk by faith, not by sight.' II Corinthians 5:7
    1. Re:Really? by flyingsquid · · Score: 1
      I thought "and Rich Tong founded Ignition Partners" said Tong founded Ignorance Partners at first, that would have been interesting news.

      Sounds like a great business plan to me- seems like these days, ignorance is a growth market. Hell, just selling to Slashdot alone you could make a small fortune.

  17. Could have been one of them... by bogaboga · · Score: 1

    ...but I was too young to even know what a computer is! I guess one must find himself at the right place at the right time...and in this case..."with the right knowledge." What is the next big thing? I am sure I am of age now.

    1. Re:Could have been one of them... by Hosiah · · Score: 1
      "What is the next big thing?"

      Cloning, stem cell research, and genetics. Just stay clear of the USA, and lead the march in another country to lead the human race to immortality. Let Fascitheocracies die of old age and get out of your way.

  18. It doesn't work that way by Anonymous Coward · · Score: 0

    If you are the type of enterprising person who became rich after creating something, relaxing on a beach would be fun for a couple of months. After a while, you would start feeling restless and empty. I know some people in that situation. Eventually all of them went back to work because they felt the need for a psychological and emotional reward that cannot be bought with money. Sure, they don't need to work long hours, they can quit when they want and they can take long vacations. Under those conditions, work is not as bad as it is for the other 99% of the population.

  19. Re:A million dollars... by Anonymous Coward · · Score: 0
  20. Re:Microsoft for Microsoft. Microsoft that matters by songofthephoenix · · Score: 3, Funny
    If it makes you feel any better..

    FTA:
    As Mr. Sage put it, "It's like a little bit of Bill Gates came with us when we left."

    *holds vomit in*

  21. A crapload of lattes? by Anonymous Coward · · Score: 1, Funny

    A current prices a million would buy you, well, about three lattes.

  22. let me guess... by foreverdisillusioned · · Score: 4, Funny

    ...buying themselves a new soul?

  23. How many millionaires in the making still at M$ by Anonymous Coward · · Score: 0
    Dave Cutler is still there and he must be making 7 digits a year. Although maybe many of the older guys hold titular positions. Does MS have a corporate culture that pushes guys in their late 30's out to pasture to make room for the new stars?

    Cutler's Design Workbook for NT/OS2 made it into the Smithsonian.

    1. Re:How many millionaires in the making still at M$ by Anonymous Coward · · Score: 5, Informative
      Actually, Microsoft has a culture of pushing talented folks out the door and putting the bureaucrats in power. I guess it's a natural evolution for the company, but I have to say that in the seven years that I was with the company, it went from being very entreprenurial to being a place that I no longer felt was worth investing in as either an employee or shareholder. In the three years since I left the company, the stock price has stayed flat and innovation has come to a standstill. While there are still people who remain with the company that I have a great deal of respect for, that number is dwindling quickly. Many in high-level management add little to no value to the company, what us old assembly programmers would refer to as a NOPs.

      For what it's worth, I've used my time and money to start up a new company. I don't want to sit around all day long and do nothing. While I really enjoyed working for Microsoft, I have to realize that that chapter in my life is closed and that there are so many other cool things that can be done.

    2. Re:How many millionaires in the making still at M$ by Anonymous Coward · · Score: 0

      Crikey. Exactly the same has happened to Sun, and now Microsoft and Sun are friends.

  24. Money doe not solve problems... by DigiShaman · · Score: 1

    When the issues are political...

    For example, your not going to stop the hunger in N. Korea when Kim will explicitly reroute the imporation of the food to his army and away from the civilians. Same goes for regions of Africa as well.

    --
    Life is not for the lazy.
    1. Re:Money doe not solve problems... by Anonymous Coward · · Score: 0

      Sounds just like the U.S. government. I personally know of several cases where people have donated food to homeless shelters, food banks, etc. and the food was confiscated by g-men and shipped to troops in Iraq.

  25. Bah by nurb432 · · Score: 0, Flamebait

    Those crooks should have their money taken away from them.

    --
    ---- Booth was a patriot ----
    1. Re:Bah by NineNine · · Score: 1

      Jealous is so ugly and nasty. Ayn Rand would call your kind of stupidity "evil", in fact.

  26. What about the microsoft deadbeats? by glrotate · · Score: 0

    The one's who chased crazy dreams only to be squashed by microsoft's monopoly power.

    I know Peter Norton is pretty bitter, but he's still rich. Surely there must be some heart wrenching stories to fuel or hate of all things Microsoft?

  27. Bob Wallace (1949 - 2002) by xee · · Score: 3, Informative
    "Bob Wallace was a software pioneer, the ninth employee at Microsoft, the worlds top amateur neuroscientist, and a visionary philanthropist who laid the financial foundations of The Heffter Research Institute. He was also one of the most patient and caring people one would ever meet. When he died of pneumonia at an untimely 53, we lost a great and good friend."
    -Heffter
    Bob Wallace was indeed an incredible character. I was lucky enough to meet him in a USENET group focused on recreational chemicals. He replied to one of my first posts, and I immediately realized there were some amazing people lurking in the USENET. Indeed some great things have come from the micro$oft billion$. Rest in peace, my friend.

    NY Times Obit, A.D.P
    --
    Oh shit! I forgot to click "Post Anonymously"...
    1. Re:Bob Wallace (1949 - 2002) by xee · · Score: 1
      One more *choice* quote...
      Yes, time is the ultimate asset, the only real thing we have.
      People say time is money, but really, time is life.
      (On the other hand, money is choice.)

      -Bob Wallace
      --
      Oh shit! I forgot to click "Post Anonymously"...
    2. Re:Bob Wallace (1949 - 2002) by Anonymous Coward · · Score: 0

      "Recreational chemicals?" You mean crack, right?

    3. Re:Bob Wallace (1949 - 2002) by Anonymous Coward · · Score: 0

      remember JAGUAR?

    4. Re:Bob Wallace (1949 - 2002) by xee · · Score: 1

      Indeed, and King Cats ought to remember me as well. Hi to all! :) Hope you're hacking always happy.

      --
      Oh shit! I forgot to click "Post Anonymously"...
  28. They missed some by Anonymous Coward · · Score: 0

    The antivirus and spyware companies

  29. Web Portal Google to Launch Search Engine by Anonymous Coward · · Score: 0

    Posted by Anonymous Coward on 05-29-05 05:23 PM from the that'll-never-work dept

    Anonymous Coward writes "Google, everyone's favorite News, Webmail, and Portal site, is set to launch Google Search. This revolutionary service will allow users to enter "search terms" and find documents on the "World Wide Web." Will users be interested in "finding" things on the "Internet"? Time will tell...

  30. What, no Paul Allen? by Animats · · Score: 2, Informative
    They didn't mention Paul Allen, who has managed to botch being a billionare.

    Bill Gates has a hobby business on the side, by the way. It consists of buying up the rights to all the best pictures in the world.

    1. Re:What, no Paul Allen? by Sponge+Bath · · Score: 1

      I don't deny that Bill G will use this in an ultimately unscrupoulous way. But this venture is funding preservation of information that may have deteriorated otherwise and become simply unavailable at any cost.

      http://www.wilhelm-research.com/corbis_subzero.htm l
  31. Apparently you don't understand economics. by glrotate · · Score: 0

    MS is a very successful rent seeker. Money spent on rent is by definition, wasted.

    1. Re:Apparently you don't understand economics. by NitsujTPU · · Score: 1

      I apologize, but I honestly don't follow your argument. Could you flesh it out some more?

    2. Re:Apparently you don't understand economics. by TERdON · · Score: 1
      The basic idea of a company is to maximize profits (incomes - costs). If you can raise prices without losing "too many" customers, you should do so - because it increases the profit of the company.

      There is a limit though - when you start charging prices that are so high that you're losing a lot of your customers, the profit sinks (even though the profit per customer still rises (ideally), you get a lot less customers, and profits sink.)

      You can make it more complicated (competitors influence each other, cost/quality-decisions, non-linear cost relationships, price sensitivity analysises, marketing mumbo-jumbo), but the basic principle still holds - the problem comes in attaining profit maximization.

      --
      I have a really elegant proof for Fermat's last theorem. If this sig was only a bit longer...
    3. Re:Apparently you don't understand economics. by NitsujTPU · · Score: 1

      What has that got to do with rent seeking? It seems as though that's just a manner of getting finer grained control of what you charge people (with a few caveats that people are likely to rebel against).

      Are you sure that you weren't reading at a threshold too high to see the entire conversation?

    4. Re:Apparently you don't understand economics. by westlake · · Score: 1
      Money spent on rent is by definition, wasted

      When you borrow money, you are renting money. If you invest the packet in a project that returns more than the interest on the loan, you have turned a profit and wasted nothing.

    5. Re:Apparently you don't understand economics. by TERdON · · Score: 1
      Are you sure that you weren't reading at a threshold too high to see the entire conversation?

      Nope, I'm certainly not, the post about MS+rent-seeking had been modded down, so I didn't see it... :/

      PS. Damn image texts! Are they supposed to stop manual trolls as well as serious posters as scripts???

      --
      I have a really elegant proof for Fermat's last theorem. If this sig was only a bit longer...
  32. Re:Microsoft for Microsoft. Microsoft that matters by Anonymous Coward · · Score: 0

    No Google stories today.... hmmm... that's weird.

  33. If I ever became a trillionare I know what to fund by CrazyJim1 · · Score: 1, Offtopic

    The African pipeline system. I think one of the ultimate feats of engineering and humanitarian events would be to supply fresh water to villiages in Africa. The proposed system would be simple: Create desalinzation plants on the coast and then pipe water inland. The cost of such a system would be astronomical, but when you calculate what you earned in human lives bettered and saved then you can see its one of the best buys ever.

  34. Re:A Million dollars doesn't go as far as it used by Anonymous Coward · · Score: 0

    Buying houses is overrated...

  35. Re:Jeez buy a proper league by flacoman · · Score: 1

    Have you watched "proper athletes" try and bowl; it's laughable. You might not like the sport, but you don't need to diss it. ESPN ran the "bowling night "tournament with such "professional athletes"
    as Brandi Chastain and Terrell Owens and the scores were never higher than 180.

  36. Valve by Anonymous Coward · · Score: 0

    dont forget gabe newell, and mike harrington, who left m$ millionaires to create games. harrington later left to build his own boat and sail the world with his wife.

  37. If you didn't notice... by Anonymous Coward · · Score: 0

    He gives away stock, and he can only sell a limited amount of MS stock without undermining investor confidence. Giving some away to charities doesn't have this effect.

    He gets charitable tax deductions for this stock which he couldn't sell, offsetting his capital gains.

    In reality, his "charity" makes him money.

    1. Re:If you didn't notice... by Suidae · · Score: 1

      Great, everybody wins that way.

  38. Tellin' tall tales of how it used to be by Anonymous Coward · · Score: 0

    And this is going to stop the centuries old conflicts between various tribal groups, genocide, and racial hatred how?

    1. Re:Tellin' tall tales of how it used to be by brpr · · Score: 1

      Well, maybe it will work better for that purpose than colonialism.

      --
      Freedom is not increased by mere diminuation of government. Anarchy is freedom for the strong and slavery for the weak.
    2. Re:Tellin' tall tales of how it used to be by dustmite · · Score: 1

      Actually, you'd be surprised to know that you find more racial hatred travelling round the US than travelling around Africa. And most of the obvious exceptions, such as the Rwandan genocide, were in fact primarily fuelled by the colonialists (e.g. before Belgium's interference in Rwanda, the Hutus and Tutsis lived peacefully together for centuries). And the spillover violence into places like the Congo are actually secondary conflicts caused by the Rwandan genocide.

      I know you think you sound smart commenting on Africa, but unfortunately you reveal that you know nothing about the place.

  39. Re:If I ever became a trillionare I know what to f by Anonymous Coward · · Score: 0

    shucks one of 'em just blow it up

  40. Not news. by Phredd · · Score: 2, Funny

    Read it. Its not news. It is a liberal "Ra! Ra!", lets all feel good about being liberal story...but news it is not.

    --
    Phredd - "I have found people tend to take you far less seriously once you start waving your genitals at them..."
    1. Re:Not news. by Anonymous Coward · · Score: 0

      sigh...you do realize that pura vida doesn't donate some of their profits to charity, they donate all of their profits to their not-for-profit missionary organization, called Pura Vida, right?
      I kinda wish the article would've mentioned this - but this is hardly all liberal cheer-leading...

    2. Re:Not news. by Barlo_Mung_42 · · Score: 3, Funny

      Nothing wrong with that. It does feel good to be liberal.
      Ra Ra!

    3. Re:Not news. by Anonymous Coward · · Score: 0

      Then you're not doing it right.

  41. Apparently you don't understand landlords. by Anonymous Coward · · Score: 0

    " MS is a very successful rent seeker. Money spent on rent is by definition, wasted."

    Not if you're the landlord.

    ---
    "Slow Down Cowboy!

    Slashdot requires you to wait -2 minutes between each semi-successful posting of a inflammitory comment to allow everyone a fair chance at sneering at your comment.

    It's been 11 minutes since you last successfully dated Taco's sister"

  42. Re:Jeez buy a proper league by Cecil · · Score: 1

    I don't really like Bowling, but I don't hate it either. I'm actually pretty ambivalent on it.

    But I have to ask, what exactly is your point? You know, Emeril can probably cook way better than most professional athletes. That makes him an athlete too right? I bet I can program better than professional athletes, does that make me a professional athlete? Conversely, do you suspect that bowlers can play a game of football and win against a seasoned team of footballers?

    Or were you simply trying to suggest that since they can do something most other people can't do as well, it somehow innately makes them worthy of respect? In a very small, very limited way perhaps. It is not carte blanche. If they want to be egomaniacs and call themselves superheroes, then I would laugh at them regardless of whatever respect they deserve for doing what they do. The original poster apparently has a lower threshhold and laughs at them for calling themselves professional athletes. It has nothing to do with whether they're skilled or not, it's about whether they deserve to be called athletes.

  43. Re:If I ever became a trillionare I know what to f by fafaforza · · Score: 1

    And how did the inhabitants of inland Africa survive for the past centuries without special pipelines for water? I am thinking that the current problem the pipe lines try to address is caused by other, root factors.

  44. Re:digg reposts? by Anonymous Coward · · Score: 0

    as anyone noticed the lack of spelling that trolls exhibit these days?

  45. Comment removed by account_deleted · · Score: 1, Insightful

    Comment removed based on user account deletion

  46. Fascination by NineNine · · Score: 1

    The fascination comes from the fact that no company or organization of any kind, I'd guess, in the history of man, has generated this much wealth, this quickly. Arguibly, Microsoft is one of the most successful companies in history.

  47. it's funny-Pi Slice. by Anonymous Coward · · Score: 0, Insightful

    "Whatever Bill Gates' flaws, and he has a lot, he has been very generous with his money."

    Have you ever payed the Microsoft Tax even though you didn't want to? Part of "his" money is "your" money. Thanks for your charitable donation.

  48. Come on, Zonk. by Inoshiro · · Score: 1

    "According to the story, there is somewhere around 10,000

    You can't fix the subject/predicate to agree on plurality?

    --
    --
    Internet Explorer (n): Another bug -- that is, a feature that can't be turned off -- in Windows.
    1. Re:Come on, Zonk. by MulluskO · · Score: 1

      To do that, he would have to read his posts before he posts them.

      --

      Too busy staying alive... ~ R.A.
  49. Re:Redemption...? by mOoZik · · Score: 0, Flamebait

    You are an idiot.

  50. It's our money. by Dzimas · · Score: 1, Insightful

    The sad truth is that the billion$ earned by microserfs are ours. We're the ones who own the mutual funds that invest in Microsoft. We're the ones who buy MSFT because we believe their Xbox 360 hype. And, until recently, we haven't seen anything in return (in the form of dividends, that is). It's incredible how we buy into the stock market shell game.

    1. Re:It's our money. by NotQuiteReal · · Score: 2, Insightful
      The sad truth is that the billion$ earned by microserfs are ours

      Remember kids, economics is not a zero-sum game. This is how wealth is created.

      Love MSFT or hate it, this is what "makes America great".

      My first computer cost $2500 - if I had bought MSFT at that time, and sold it at the peak, I'd be a MSFT millionaire too (just not as an employee).

      Yup, hard work, good luck, and the lack of brutal warlords means anyone in the US can make millions - but it takes years and years of hard work, don't forget that part.

      --
      This issue is a bit more complicated than you think.
    2. Re:It's our money. by cahiha · · Score: 0, Flamebait

      Remember kids, economics is not a zero-sum game. This is how wealth is created.

      Wealth is created when new technology creates new value. Microsoft did not create new technology, they simply took over markets and technologies of other companies.

      My first computer cost $2500 - if I had bought MSFT at that time, and sold it at the peak, I'd be a MSFT millionaire too (just not as an employee).

      And if you had bought a winning lottery ticket, you'd be a millionaire, too.

      Yup, hard work, good luck, and the lack of brutal warlords means anyone in the US can make millions

      Of course, hard work and good luck allow anyone in Afghanistan, Iraq, Somalia, and Russia can make millions, too--like the brutal warlords themselves.

      As far as the US is concerned, the key point in your statement is "good luck". The vast majority of people who work hard (often double jobs) will remain poor.

      If you made money in the US economy (I did) consider yourself lucky; don't ever make the mistake of believing that you did it through hard work. At best, it is a huge reward for a special skill you have.

      (And, yes, in the case of Microsoft, it is our money, like the thousands of dollars of unwanted Windows licenses I have ended up paying for for machines that don't even run Windows.)

    3. Re:It's our money. by Wewtness · · Score: 0

      Wow, if you cant see the relation between hard work and success, I feel serious pity for you. Enjoy what remains of your sad, cynical life, ok?

    4. Re:It's our money. by NotQuiteReal · · Score: 1
      Microsoft did not create new technology, they simply took over markets and technologies of other companies Ah, I see, so millions of folks just forked over money to MSFT, from day one, for no reason whatsoever. By that logic they did nothing more than create a "pet rock" and collect money from people with no value returned.

      like the thousands of dollars of unwanted Windows licenses I have ended up paying for for machines that don't even run Windows If you paid thousands of dollars for Windows licenses you didn't need, you (or your purchasing dept) are not doing their job. Why would you buy something you didn't need? (Unless the overall deal was still good - in which case you have no gripe). For example, the last car I bought had some options I didn't want, but it was discounted below the price of the same model without those features - so what? So I adjusted the super-duper electic seat once and never touched those controls again. This argument is like saying "they gave me too many fries in my order, and I ate them all even though I wasn't hungry".

      Of course, hard work and good luck allow anyone in Afghanistan, Iraq, Somalia, and Russia can make millions, too--like the brutal warlords themselves. Here's a test for you; You need to make a million dollars. Step one. Pick a country to give it a go in: a) Afghanistan, b) Iraq, c) Somalia, d) Russia, e) U.S.A. -- quick what it the sane answer... assume you have no "connections" in any of those places.

      The vast majority of people who work hard (often double jobs) will remain poor So? What is the point of that statement, mr. obvious? You want to be rich? Be a warlord. You want a pretty decent life (attitudes not withstanding) live in any western democracy, USA included.

      I think I will go buy a lotto ticket now - if I win a couple of hundred K I can retire in some crappy country and live like a king!

      --
      This issue is a bit more complicated than you think.
    5. Re:It's our money. by killjoe · · Score: 0, Troll

      The economy is a zero sum game it's just the costs are not calculated properly so it doesn't seem like that.

      You see every economic activity makes impact on natural resources. Since there is a finite amount of natural resources available the expansion of the economy comes at the cost of natural resources.

      So the economy is a zero sum game when you properly take into account the depletion of natural resources. This is the big ugly secret no economist wants to talk about. They would much rather pretend there is an alternate universe with infinate amount of money in it and that it's possible for every person in the world to be zillionaires!. It's a rising tide folks, everybody can be rich!

      --
      evil is as evil does
    6. Re:It's our money. by fuzzybunny · · Score: 1

      The sad truth is that the billion$ earned by microserfs are ours.

      Yeah, you're right, I sure hate it when someone comes into my house and twists my arm until I agree to buy an Xbox and MSFT stock.

      Boy, talk about sour grapes in the comments responding to this article. You may not like Microsoft (I don't particularly), their products may be shit, their marketing and sales tactics may be highly unethical at times, but the individuals who made this cash earned it by working hard under the capitalist input/reward system.

      I'm not a rich guy, although I do well enough, but gee, I sure hope that I never become this embittered. For fuck's sake, be happy for them, use them as inspiration (hey, you too have a chance at this sort of wealth! Hooraah!) and accept that not everybody has some sort of deep religious social obligation to save the world with money they make--the posters saying that these kids should have invested their money with "good causes" should remember this the next time they go out to dinner or buy a candy bar or other luxury.

      Bitter, bitter, bitter.

      --
      Cole's Law: Thinly sliced cabbage
    7. Re:It's our money. by Anonymous Coward · · Score: 0

      Wow, if you cant see the relation between hard work and success, I feel serious pity for you. Enjoy what remains of your sad, cynical life,ok?

      What's sad is that people like you don't know what's going on in the world. If you think that a Microsoft coder works hard and has worries, you haven't talked to people at the bottom of society.

      Everybody in the US works hard, and hard work is not correlated with success.

    8. Re:It's our money. by cahiha · · Score: 1

      [Microsoft did not create new technology, they simply took over markets and technologies of other companies] Ah, I see, so millions of folks just forked over money to MSFT, from day one, for no reason whatsoever. By that logic they did nothing more than create a "pet rock" and collect money from people with no value returned.

      Microsoft is not at all unusual in this regard: most successful businesses do not create new technology at all, they succeed through better marketing, better support, or better business deals, or, in some cases, monopolistic practices.

      (Over the last few years, Microsoft research actually has done a lot of interesting things, but that isn't what made the company successful.)

      If you paid thousands of dollars for Windows licenses you didn't need, you (or your purchasing dept) are not doing their job. Why would you buy something you didn't need?

      This question has been settled in court, where Microsoft has been convicted of illegal bundling and tying arrangements and been ordered to pay restitution to people like me.

      Fortunately, over the last few years, we have experienced more choice so that one can now buy desktops and even some laptops without Windows.

      What is the point of that statement, mr. obvious?

      The point is simple: success anywhere in the world is not correlated with how hard you work (almost everybody works hard). If it is correlated with anything at all other than dumb luck, it is correlated with personality traits like ruthlessness.

    9. Re:It's our money. by Wewtness · · Score: 0

      My parents lived the majority of their life at "the bottom" in Peru. We came to the US for opportunity. No it was not a guarantee, but the US offers the best opportunity that can be found anywhere in the world. Is it a perfect place? No. Is everything there always completely and totally fair? Of course not. But thru their HARD WORK here, where 60 hours a week actually pays off rather than scraping by in Peru, they were able to help me go to college. I hope the generations after me will be even better than me also. What I wish people could see, is that capitalism is not just a benefit for the rich. The rich prosper in EVERY economic system. Capitalism offers the poor the best opportunity, the best chance possible. Do we have a disadvantage compared to those that start off wealthy? Yes, but sometimes that is our driving force and makes us stronger. Knowing that we have to work that much harder can help at times. Even a cursory glance at those that have 'made it' show many who had very, very humble beginnings. You sir, by your own words, are the clueless one. First off, because everyone DOES NOT work hard. If you continue to insist on that point, there is no hope for you. Also, working hard does not always mean physically taxing work, but often its the most difficult type of work ... mental. Many many people in our old community would rather dig ditches their entire life than apply their minds. I see this in the same relative way here too. So, please, continue from your high horse, prentending as if you know everything about what poor people experience. And you can also continue to remain clueless and worsen the situation for others.

    10. Re:It's our money. by NotQuiteReal · · Score: 1
      The point is simple: success anywhere in the world is not correlated with how hard you work (almost everybody works hard). If it is correlated with anything at all other than dumb luck, it is correlated with personality traits like ruthlessness.

      This statement tells me our world view is closer than you might think. The difference is in how much one appreciates the subtleties of "ruthlessness". Also, I disagree about the "anywhere in the world" part. Even with one's cynical-o-meter turned on full gain, you have to see that some parts of the world are clearly worse for making material gains than others. But you are correct, the "game" is rigged, the world over.

      Look at it this way; Life is not fair. Play the game of life in USA and it is like playing it in down-town Vegas. The odds are against you, but they are what they are. Living in more socialist western democracies is like playing on the strip - the house takes more, so the odds aren't as good. Other places in the world are like playing in some illegal, rigged slot-machine parlor - crappy odds, if not outright cheating. Check the stats - well off people, per capita, by country. There is a strong correlation to freedoms and rule-of-law, current hell-in-a-handbasket trend of US not withstanding.

      --
      This issue is a bit more complicated than you think.
  51. Re:A Million dollars doesn't go as far as it used by Jononon · · Score: 2, Insightful

    But these are people with a million in liquefiable assets. If you're a property millionaire (like me) you can only realise that money by refinancing your home (bad idea, interest rates are on the up) or selling (err, where would I live, the median price here is $1.2m ?) The M'soft employees can realise a million dollars in real money, that still makes them very wealthy by most standards.

  52. Re:If I ever became a trillionare I know what to f by MulluskO · · Score: 1

    People die each year because of inadequate access to clean water. The real tragedy is that the technology to make clean drinking water is really cheap and simple. All you really need are some settling pools. It's the incompetence of these people's governments that allows so many to die unnecessarily.

    --

    Too busy staying alive... ~ R.A.
  53. Re:Redemption...? by Zouden · · Score: 1

    Joe Richguy gave a million dollars to Anonymous Charity! He's a good guy! Nevermind he sits on a pile of a hundred million, ninety percent of which he earned by underpaying his employees, or overcharging for his products, or polluting the river and giving everyone cancer (for which he was sued for another, say, $25 million), or having competitors liquidated by hook or by crook, or by paying off senators who then slashed social spending or cut foreign aid or voted for a war to prop up Richguy's failing business model...

    Geez, calm down.
    There's a big difference between agressive business tactics and polluting rivers. Has Microsoft ever given anyone cancer?
    Besides, the GP was not claiming that Bill Gates' donations absolve him of "ethical lapses". He was merely pointing out that he has given a vast amount of money to charity, which is always a good thing, no matter who is doing it.

    --
    "A week in the lab saves an hour in the library"
  54. Re:Redemption...? by SteveXE · · Score: 2

    Your way to angry for your own good, you act like Gates/MS has bombed 3rd world countries claiming they have WMD...all he has done that people complain about is release an imperfect OS, nobody is forcing you to buy it you know. I think the amount of money that man has given to charities absolves him from anything he has done. None of his buisness practices really hurt anyone, true some companies go out of buisness but its just that...BUISNESS. When Gates starts murdering inocent people then your little argument will have some weight, until then just shut up and go use Linux.

  55. Re:A million dollars... by Anonymous Coward · · Score: 0
  56. SCO?! by DigiShaman · · Score: 1

    WTF? 11% invested in SCO? Is this even up to date. I had a feeling Microsoft/Bill might be behind this company to be used as a proxy against OSS

    --
    Life is not for the lazy.
    1. Re:SCO?! by jareds · · Score: 1

      That's the wrong SCO. The SCO Group, fromerly Caldera Systems International, acquired various Unix properties as well as the SCO name from the Santa Cruz Operation, now Tarantella, in 2000, and sued IBM in 2003.

      Microsoft has brought in money for the SCO Group, but that has no particular relationship to its investment in the Santa Cruz Operation.

  57. Your website is broken in Firefox. n/t by Anonymous Coward · · Score: 0

    n/t

    1. Re:Your website is broken in Firefox. n/t by Neopoleon · · Score: 1

      "Your website is broken in Firefox"

      It's not actually broken - it just doesn't render properly. You can still read the words - you're just missing the sidebar with my links.

      And, it's not because of some strange conspiracy. I'm just too lazy to fix the CSS so that Firefox knows what to do with it.

      I'd like to point out, though, that it renders fine (not perfectly - but fine) in Opera and Safari (and Safari is my favorite browser, so I don't feel any great motivation to go fixing it for anything else).

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    2. Re:Your website is broken in Firefox. n/t by croddy · · Score: 1

      gecko-based browsers far outnumber khtml-based browsers.

    3. Re:Your website is broken in Firefox. n/t by Anonymous Coward · · Score: 0

      And your point? He said he made it work for the browser he uses, not the one that won a popularity contest.

    4. Re:Your website is broken in Firefox. n/t by Neopoleon · · Score: 1

      "gecko-based browsers far outnumber khtml-based browsers."

      Woo-hoo!

      If it isn't MS vs. OSS, then it's OSS vs. OSS, isn't it?

      Just not happy unless there's some kind of petty conflict, are you?

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
  58. Chris Peters wrote the original mouse driver by Russ+Nelson · · Score: 4, Interesting

    Remember the old bus mouse that Microsoft sold? It was their very first mouse, and it needed a hardware interface on an ISA card. I reverse-engineered that driver, and made my own hardware interface for the S-100 bus which could talk to that mouse. Along the way, I noticed a secret string in the driver that said "Chris Peters rules OK!". That was back in 1984 or thereabouts. I'm glad to see that Chris has done well for himself.
    -russ

    --
    Don't piss off The Angry Economist
    1. Re:Chris Peters wrote the original mouse driver by mnmn · · Score: 1

      Replace that with "Russ Nelson rules OK", increment the version number and redistribute the driver on p2p...

      you never know where you'll end up.

      --
      "Give orange me give eat orange me eat orange give me eat orange give me you." -Nim Chimpsky
    2. Re:Chris Peters wrote the original mouse driver by Anonymous Coward · · Score: 0

      Don't pay attention to Russ, he supports non-free software.

    3. Re:Chris Peters wrote the original mouse driver by sinserve · · Score: 1

      bug off, Russ Nelson rocks, OK.

    4. Re:Chris Peters wrote the original mouse driver by Russ+Nelson · · Score: 1

      Theo is just a bit off his rocker. Truth-telling is not his strong point.
      -russ

      --
      Don't piss off The Angry Economist
  59. ahh, fond memories by Anonymous Coward · · Score: 0

    ..of all those copies of DOS and Windows I bought and threw in the trash because I ran Linux (been a Linux user since v.99.. I came to DOS/Windows from Unix and ran screaming in horror, then discovered Linux was a passable Unix substitute).

    All that PC hardware that came bundled with useless Microsoft software.

    I'm glad they've found a way to put my money to good use.

    1. Re:ahh, fond memories by Anonymous Coward · · Score: 0

      You are lucky. I was brain-damaged by MS-DOS 3.3 at the age of about 13. I used Solaris at University in the early 90s but went to Linux when I left in 1995. My mind was so crippled from using MS-DOS it took years before I cast off my inhibitions and really learned shell scripting, arguably the most useful and powerful skill to have on a unix system.

  60. Like researching an HIV vaccine by Barlo_Mung_42 · · Score: 1

    How many other software companies are spending R&D on something like this ?

    1. Re:Like researching an HIV vaccine by Anonymous Coward · · Score: 0

      Because of competition from Microsoft, most other software companies can't afford to have significant research labs at all anymore. Among the few that are left, HIV research is pretty common because it's good business.

  61. Re:Redemption...? by MicahB2 · · Score: 1

    Thank you. Jesus..my first post and it's this? Anyway - M.

  62. Comment removed by account_deleted · · Score: 0, Troll

    Comment removed based on user account deletion

  63. Re:Gates is Not Good. by NineNine · · Score: 1

    Wow. Jealous is ugly, obvious, and really ridiculous, all at the same time.

  64. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  65. Re:Gates is Not Good. by Anonymous Coward · · Score: 0

    Uh... Bill Gates has stated repeatedly that his intent is to give away his entire fortune when he dies. He has already donated a buttload of money and your bitching appears to be nothing but sour grapes about his business ethics. Who gives a damn if he foists his shiteware onto everyone's PCs. Don't like paying the MS "tax"? This fits firmly under the category "life ain't fair" and "live with it". Sooner or later the MS ship will sink but not before Bill unloads his vast wealth on some very worthy causes. Why piss and moan about something you can't do a damn thing about?

  66. Obligatory. by nigel999 · · Score: 1

    It's all gone Rich Tong! Sorry.

  67. US 2001 Federal Income Tax Returns by Wyatt+Earp · · Score: 3, Insightful

    $75,000 under $100,000 - 8,903,894 returns
    $100,000 under $200,000 - 8,469,199
    $200,000 under $500,000 - 2,018,372
    $500,000 under $1,000,000 - 355,617
    $1,000,000 under $1,500,000 - 85,479
    $1,500,000 under $2,000,000 - 36,492
    $2,000,000 under $5,000,000 - 52,157
    $5,000,000 under $10,000,000 - 12,266
    $10,000,000 or more - 6,836

    21% of the tax returns pay roughly 55.9% of the Federal Income Tax, the 6836 at the top, pay 3% of the Federal Income Tax

    http://www.irs.gov/taxstats/indtaxstats/article/0, ,id=96981,00.html

    1. Re:US 2001 Federal Income Tax Returns by loqi · · Score: 1

      Thanks for the data. It's a bit tangential to my post, but there it is.

      --
      If other reasons we do lack, we swear no one will die when we attack
    2. Re:US 2001 Federal Income Tax Returns by mc6809e · · Score: 1

      I think you're misreading and misapplying that chart.

      It doesn't say that the tax rate of the 6836 people at the top is 3%. It says that top 6836 had 2.8% of all the taxable income in the US but paid 5.1% of all the income taxes.

      The bottom chart is more interesting.

      Is shows that the top 2,567,220 filers account for over 40% of all income tax given to the federal government. That's out of 130,000,000.

    3. Re:US 2001 Federal Income Tax Returns by An.+(Coward) · · Score: 3, Funny

      21% of the tax returns pay roughly 55.9% of the Federal Income Tax, the 6836 at the top, pay 3% of the Federal Income Tax

      It's grossly unfair for the top n% of taxpayers to pay >n% of total taxes, and even these flat tax proposals going around don't adequately address this grotesque injustice. I suggest that instead of our current "progressive" system or any of these half-assed flat tax rate schemes, we just charge everyone a flat amount.

      Obviously we can't charge children until we get rid of these antiquated child labor laws and make them productive members of society. But given a budget of about $2.5 trillion, that should work out to a ballpark figure of about $10,000 per worker.

      Sure, it's a bitter pill for some people to swallow--it's roughly 100% of the gross salary of someone working full time for minimum wage. But hey, if that's not an incentive to work harder and find a better-paying job, then what is?

    4. Re:US 2001 Federal Income Tax Returns by killjoe · · Score: 3, Interesting

      WOW, they sure are getting a fantastic deal from the US govt. the top 21% of the earners in this country control over 90% of the wealth and yet only pay 55.9% of the taxes.

      --
      evil is as evil does
    5. Re:US 2001 Federal Income Tax Returns by PeterPumpkin · · Score: 1

      Well considering that the 80th percentile earnings are around $40,000, I think that makes sense.

  68. Comment removed by account_deleted · · Score: 0, Troll

    Comment removed based on user account deletion

  69. Young Millionaires by Anonymous Coward · · Score: 1, Interesting

    I did a stint as a consultant at Microsoft for a while. I remember being in a meeting with Rich Tong. I was the second one to arrive, Rich was the first. I said hello, sat down. He was booting his laptop. We chatted for a minute. He looked so young, I literally thought he was an intern there to to take notes. The instant the meeting started, it was clear I was quite wrong. Someone later pointed out to me that he was a VP.

  70. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  71. Re:If I ever became a trillionare I know what to f by CrazyJim1 · · Score: 1

    Yeah, thats probably a better solution than a super expensive infrastructure. I really didn't put a lot of thought into the whole thing. As you say, I do understand the governments aren't doing all they could.

  72. Crap, simple crap in the Times. by bmwloco · · Score: 4, Interesting

    Did anyone read the piece of propaganda? Only the online NY Times site (not in my Sunday NY Times) has the following:

    "Julie Bick is a former Microsoft employee and the author of "The Microsoft Edge." (Pocket Books, 1999). The people she interviewed for this article include some friends and former co-workers."

    Yeesh. Talk about product placement and corporate tail wagging the dog...

    --
    A defense contractor in Antarctica is a bad idea. Get Raytheon OUT of Antarctica.
  73. Hmm... by loqi · · Score: 1

    Sounds like it's just a matter of distribution to me.

    --
    If other reasons we do lack, we swear no one will die when we attack
    1. Re:Hmm... by king-manic · · Score: 2, Insightful

      Hunger is a problem of distribution and politics. Remeber the famine in ethiopia in the 80's? How about the irish potatoe famine? How about the famine in the unkraine a few decades back? During all those crisis those countries continued to export food. The problem isn't just moving food there, it's making sure those people recieve the food. Other agencies like local war lords, corrupt governments, and bandits will always try to control the flow of essential goods because that is how they maintain power. If you want to stop hunger, simply buying enough food isn't enough. You need to transport it like the above posts says, as well as defend it, then find a means to avoid stampedes/riots when it's delivered. None of this is cheap. 100 billion wouldn't do it. Ask the US government how much it costs to wage that kind of war in one countr, your basically asking MS to do it in 100 more countries.

      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    2. Re:Hmm... by djlowe · · Score: 1

      "potatoe"

      Dan Qualye posts on Slashdot?!?

    3. Re:Hmm... by Anonymous Coward · · Score: 0

      slashdot readers are well-informed enough to know who Dan Quayle is?

  74. Depends on how you view the economics by Solandri · · Score: 2, Insightful

    If you believe that Microsoft is a legitimate business earning a fair profit for its products, then his donations to charity are a wonderful example of philanthropy. OTOH if you believe that Microsoft gouges consumers by leveraging its monopoly OS position to stifle competition and keep software prices artificially inflated, then the $25 billion he's donated to charity probably would've done more good if left in the hands of the people who were overchargd. It'd be like a shop charging $5 per bottle of water for firefighters after 9/11, then donating the excess proceeds to charity. Yeah they donated a ton of money, but the firefighters were robbed of money that could've been put to other (better from a market standpoint) uses. A more accurate assessment would be that the firefighters were coerced into unwillingly making a donation to charity. Course we can argue forever about which view is correct; and in truth both views may be partially correct.

    1. Re:Depends on how you view the economics by Behrooz · · Score: 4, Insightful

      the $25 billion he's donated to charity probably would've done more good if left in the hands of the people who were overchargd. ...or the people who were 'overcharged' could have chosen not to purchase the product, if they happened to think that it wasn't cost-effective. There are always alternatives.

      Just a thought about free markets.

      --
      "We have to go forth and crush every world view that doesn't believe in tolerance and free speech." - David Brin
    2. Re:Depends on how you view the economics by Anonymous Coward · · Score: 0

      "Monopoly" means "not a free market", among other things.

    3. Re:Depends on how you view the economics by hunterx11 · · Score: 1

      I once tried to corner the market on bits, but there were too many people who already had access to electrons. I agree that Microsoft uses anti-competitive tactics, but they are only able to succeed with them because people still choose Microsoft.

      --
      English is easier said than done.
    4. Re:Depends on how you view the economics by Alien+Being · · Score: 1

      "There are always alternatives."

      You just don't get it. It has nothing to do with free markets. They were proven to be an illegal monopoly. Don't try to rewrite history.

    5. Re:Depends on how you view the economics by Main+Gauche · · Score: 2, Insightful

      "the people who were 'overcharged' could have chosen not to purchase the product, if they happened to think that it wasn't cost-effective. There are always alternatives.

      Just a thought about free markets."


      Not if there weren't enough alternatives.

      Just a thought about monopolies.

    6. Re:Depends on how you view the economics by Ashen · · Score: 1

      You just don't get it. Not all of us think a monopoly should be illegal. I don't think that a US court ruling is the end all be all of what is right and wrong.

    7. Re:Depends on how you view the economics by timmarhy · · Score: 1

      yes i'll write an OS thats incompatable with everyone else, trap all the vendors into pricing structures that impose harsh penalties for selling anyone else's OS, and you try talking to me about alternatives.

      --
      If you mod me down, I will become more powerful than you can imagine....
    8. Re:Depends on how you view the economics by Anonymous Coward · · Score: 1, Insightful

      Now there have to be "enough" alternatives? Even one alternative is automatically not a monopoly. Last time I checked Apple was doing decent business, and there's countless Linux distributions and not to mention the BSDs and some commercial Unices. The last Microsoft product I bought was Windows 95 yet I've managed to compete successfully in the IT marketplace.

    9. Re:Depends on how you view the economics by Alien+Being · · Score: 1

      "Not all of us think a monopoly should be illegal."

      Monopolies aren't ipso facto illegal, but the MS monopoly most definitely was. If you don't like the laws, then change them, or find yourself a country whose laws you agree with.

    10. Re:Depends on how you view the economics by Neopoleon · · Score: 1

      What does this even *mean*?

      "incompatible with everyone else"

      Last time I checked, .NET web services made it perfectly easy for me to interface Windows platforms with anything that wasn't sitting back in the stone age.

      I could write a Python client to connect to a .NET web service.

      I could even use Jython on an AS400 (OK - "iSeries" - but that name will never stick for me) to hook into that same web service.

      Or I could write the service in Java, host it under Tomcat, run the thing on Linux, and then write a client using .NET on Windows.

      C'mon.

      If you have a system that supports the WS-* specs, I could even route the bloody messages through your SMTP server.

      And I haven't even *mentioned* Samba yet.

      Oops. There. I just did.

      Does this mean that I'm going to be able to connect every aspect of every disparate platform? Hell, no!

      That's why we say they're *different*.

      And, without those difference, we'd only have... you guessed it! *One* OS!

      And then we'd be living the nightmare scenario you've described in your comment, dear sir.

      Fortunately, though, that isn't the world we live in.

      Keep in mind as well that compatability is a two-way street. You might think our stuff doesn't work with your stuff, but has it ever occurred to you that sometimes we feel that your stuff doesn't work with our stuff?

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    11. Re:Depends on how you view the economics by cahiha · · Score: 1

      A whole lot of experts looked at the question of whether Microsoft restricted consumer choice and determined that Microsoft did so. That determination happened to be as part of court proceedings, and it happened to find Microsoft legally guilty, but the behavior occurred even if it had not risen to the level of illegal monopolistic practices.

      Maybe you wish to argue that restricting consumer choice through secret agreements should be legal; that's your good right. But legal or not doesn't change what the behavior does.

      So, the implication that Microsoft succeeded because consumers could made a free choice is wrong according to experts. Microsoft might perhaps have succeeded in a free and fair competition in the market, but they did not engage in one.

    12. Re:Depends on how you view the economics by dustmite · · Score: 1

      Just a thought about free markets.

      In a truly free market, yes. This isn't the case though when a monopoly provider illegally violates anti-trust laws to control the market and control and block access to the market.

  75. Re:If I ever became a trillionare I know what to f by Anonymous Coward · · Score: 0
    I am thinking that the current problem the pipe lines try to address is caused by other, root factors.
    Namely: negritude.
  76. Re:Microsoft for Microsoft. Microsoft that matters by Anonymous Coward · · Score: 0

    If it makes you feel any better..

    http://www.geocities.com/angiemtg/

    *holds vomit in*

  77. Re:If I ever became a trillionare I know what to f by TykeClone · · Score: 1

    Hey, the good news is that if you've got enough money to do the pipeline, you could probably just buy those African governments instead and have enough left over to build local infrastructures :)

    --
    A fine is a tax you pay for doing wrong and a tax is a fine you pay for doing all right.
  78. Re:10,000 millionaires? what's the problem? by Anonymous Coward · · Score: 3, Insightful
    That is just obscenely absurd for one company.

    I don't understand why this is a problem. A "company" has goals. They figured out, as a company, how to achieve those goals. The people rewarded are the owners, and sometimes the employees. If the employees didn't get the cash, it'd have just gone to the owners. This should be perceived as a great thing!

    The wealth of the company, and their employees is a testiment to the fine job they did, as measured by the votes of their customers, in the form of money spent.

    Any comments that this is obscene is pure jealousy.

  79. Re:Microsoft for Microsoft. Microsoft that matters by nmb3000 · · Score: 2, Insightful

    FTA:
    As Mr. Sage put it, "It's like a little bit of Bill Gates came with us when we left."


    So that's how they climbed up the corporate ladder. Good advice I suppose, if your boss is into that kind of thing.

    --
    "What do you despise? By this are you truly known." --Princess Irulan, Manual of Muad'Dib
    /)
  80. children are starving, but bowling is saved ... by Anonymous Coward · · Score: 1, Interesting

    wow, great priorities

    1. Re:children are starving, but bowling is saved ... by mnmn · · Score: 1

      Children will always starve. This is what we call the great 'rat race', there will always be a tail to the bell curve. It doesnt mean we should stop doing what we like, or stop sending men to Mars. Children will always starve, only in smaller and smaller numbers the more effort we put in

      --
      "Give orange me give eat orange me eat orange give me eat orange give me you." -Nim Chimpsky
    2. Re:children are starving, but bowling is saved ... by Anonymous Coward · · Score: 0

      Children are starving, but you'd rather spend your money on a computer and Internet connection. Wow, great priorities. Wow, great arguement.

  81. Re:A million dollars... by stuntpope · · Score: 1

    Sorry, all my money is tied up in real estate, I can't afford the fee for the Economist's premium content to read the entire article.

  82. This just in... by Hosiah · · Score: 1
    Pink plastic lawn ornament flamingo futures are up...Up...UP!!! And sales of "Billy the singing trout" are making cash registers ring this Holiday season.

    Microsoft Computer Expert quoted: "Yes, we have platinum year-round passes to all matches by the WWF until 2025, a life-time subscription to Weekly World News, and I send money to a guy in Vegas who's guaranteeing he can net me a 90% return on investment with his Martingale betting method."

    When asked what, at a company like Microsoft, qualified him to be a "computer expert", he responded: "I'm the one who doesn't yell into the mouse."

  83. I wonder where Linus and RMS put their millions? by intnsred · · Score: 1, Insightful

    I wonder where Linus Torvalds and Richard Stallman will put their millions of dollars?

    Oh wait!

    Rather than Linus and Richard taking money out of your and my pockets to become millionaires, they instead worked hard, earned true respect, and gave back to the common community. And they did it all without forming a monopoly, engaging in illegal practices, and lobbying governments to enact repressive laws to bolster their ability to take money out of our pockets.

    Who are the real people that are helping both themselves and humanity: the "Microsoft millionaires" or people like RMS and Linus?

  84. Keep it hush-hush by Lord+Kano · · Score: 4, Insightful

    But by 2002, she was itching to do more, so she put her wealth to work in support of abortion rights and helped to found a political action committee called Washington Women for Choice.

    Although Republicans are usually pro-business, if it becomes common knowledge that Microsoft employees are dumping money into "abortion rights" groups, that could make the current administration's position on antitrust a lot less friendly towards Microsoft.

    LK

    --
    "Hi. This is my friend, Jack Shit, and you don't know him." - Lord Kano
    1. Re:Keep it hush-hush by Anonymous Coward · · Score: 0

      Well that's what happens when you start giving that kind of money to the serfs. They would work for a lot less, so why not keep the profits with the real owners, where they belong?

    2. Re:Keep it hush-hush by Anonymous Coward · · Score: 0

      "They would work for a lot less, so why not keep the profits with the real owners, where they belong?"

      Microsoft didn't really intend to create the windfalls they did. It just happened. Payment of stock dividends and options grants are not something they could have stopped, had they even wanted to!

  85. Re:I wonder where Linus and RMS put their millions by Anonymous Coward · · Score: 0

    I hate to break it to you, but "real people" need "real money" to live "real lives." I'm sure the millions of dollars given to charity on behalf of the Microsoft Millionaires has improved the living conditions of many more than the useful, yet not so helpful or significant, contributions of the Open Source community.

    Sure, you will counter that their innovations promote a knowledge-based culture. Yes, knowledge is beneficial to humanity. But money is more helpful to humans.

  86. ... who know nothing about free markets! by argoff · · Score: 1, Troll

    The problem is that all these millionaires made the vast majority of their money, not from free market forces, but from a government imposed monopoly on the distribution of infromation called copyrights.

    This is not a natural form of profit, and when it comes to free markets, I suspect that many of them probably have no clue as how to make money any more than Miscosoft has a clue of how to make money outside of it's core office/os monopoly.

    MS is literally burning most of their resources on trying to become an entertainment/media company right at a time in history when that part of the industry is predestined to become worthless as society enteres the information age. (Think of the people that were in the plantation business as the industrial revolution started to explode, yeah at first they became extremely rich as the cotton gin made their slaves 1000 times more productive, then they went to satanic hell)

    The worst part is, very little of this money will likely go into successfull ventures, but when it hits the fan with the free software movement, a lot will likely go into dirty hardball. (Think SCO, MPAA BSA, RIAA rolled into one magnified by over 10000.)

    1. Re:... who know nothing about free markets! by StormyWeather · · Score: 1

      I'm sorry someone decided to mod you troll there argoff, because that post was about as insightful as they get. Perhaps someone didn't like that you said their slave baron great grandfather went to hell, or that you said something non-inflammantory about microsoft.

      I don't care much for microsoft's tactics . As far as the top management structure I think they are some of the most rotten apples in the corporate barrel. However, they did make a lot of _programmers_ millionaires for doing a damn fine job at what they were hired to do (grow the company is job 1 at any company).

      It's hard to tell which side of the information age consumers will come out on. We never saw a "1984" society because the computer revolution ended up empowering the people rather than the government, but many people say it's still just a matter of time till we get there. What worries me (and this is a non-partisan worry) is that we are now in a state of war that can never end, because there will always be some screwball somewhere in the world blowing up kids the govt can redirect the war on terror towards. Typically the government restricts freedoms during a time of war, and gives them back afterwards.

    2. Re:... who know nothing about free markets! by MidnightBrewer · · Score: 1

      "Government imposed monopoly on the distribution of information called copyrights?"

      The biggest criticism of Microsoft has to do with the fact that it's a monopoly. The government didn't one day decide that what America really needs is to have a monopoly imposed on them. They have been responsible for looking the other way thanks to the tireless efforts of Microsoft's own personal lobby.

      What exactly is the "distribution of information called copyrights?" I assume you're referring to patents, not copyrights, and while Microsoft has been joining the bandwagon recently in patenting everything under the sun, they have as yet to go after anybody as a means of supplementing their income. Yes, they are trying to abuse their patents, but in a more straightforward, "we hold the patent on that, so pay us" sort of way. There's nothing illegal or despicable about that, no matter how undeserving they might be of the patent.

      Microsoft realizes that the OS/office suite monopoly won't last forever, so yeah, they're trying to reinvent themselves, just as many other computer companies are right now (Apple, anyone?)

      How an individual person chooses their money has nothing to do with Microsoft or its business tactics; I would be grateful if my employer made me rich, but that gratitude doesn't extend to turn around and giving my money right back to the company. Bit of flawed logic there.

      Finally, whether or not a private venture succeeds has nothing to do with Microsoft; what a person does in their spare time is their own business. There's not a lot of love lost between the Slashdot crowd and Redmond, but no sense in hating a bunch of people just because they made it big. Good for them. Wish I was rich, too. :)

      --
      "Give a man fire, and he'll be warm for a day; set a man on fire, and he'll be warm for the rest of his life
    3. Re:... who know nothing about free markets! by argoff · · Score: 1

      What worries me (and this is a non-partisan worry) is that we are now in a state of war that can never end .....

      Actually, history is repeating itself here. During the mid 1800, new technology caused a revolution in transportation and exposed US culture to the indian culture like never before - and resulted in a violent backlash by the indians, and an even more violent response by the US govt. Today, new technology like the internet is exposing the USA to world culture like never before, and part of this terrorisim is a violent backlash against that culture. And the war in Iraq, is our even more violent response.

    4. Re:... who know nothing about free markets! by argoff · · Score: 1

      It's pantets and copyrights. Both are used to controll how information is used in the information age in a way that isn't tenable.

      I don't really mind that allot of people made it rich, but it does have allot to do with Microsoft, because that culture is what had the most influence on the MS millionaires.

      I don't mind that they're rich, but I do mind that a lot of money out there poised to hate people who love software freedom.

  87. Editor abuse by Anonymous Coward · · Score: 0

    I don't know what the dynamics are for accepting submissions. I've had many, many submissions rejected only to have someone else submit the exact same thing the next day and get it posted. I once even had an editor (Hemos) take one of my submissions, rewrite it, and post it as his own without crediting me at all.

    I stupidly posted to the story a note saying what had happened and posted a copy of my orginal submission that was almost identical to what was posted by the editor.

    And then I was blacklisted... I went from the occasional story submission being accepted to all of them being rejected. And I strarted to get a lot of Troll mods to my comments... and other tricks too... like when I had a comment modded up... a day or two after the sotyr was on the main page all of the comments would suddenly be modded as overrated.

    That and other forms of retribution led me to stop posting to slashdot for months until it all blew over.

    Many editors are good, but a couple have let the power go to their heads and the lose sight of the fact that story submissions generate this site's traffic and ad revenues... and for the most part those of us who would scour the web for stories to submit just did it for fun and for free. The editors need to be more respectful of the volunteer work they get from submitters.

  88. Re:Redemption...? by dedazo · · Score: 1
    You already did. Repeatedly.

    You need to find something more worthy of your anger, like a social concern or something like that. Expending energy in hating corporations never got anyone anything.

    --
    Web2.0: I love when people Flickr my cuil and digg my boingboing until my google is reddit and I start to yahoo
  89. Re:I wonder where Linus and RMS put their millions by Anonymous Coward · · Score: 0

    Time will forget the rich far quicker then those who helped and nurture others.

  90. Re:If I ever became a trillionare I know what to f by /dev/trash · · Score: 1

    Or we could educate people on why living in a desert is really not good.

  91. Re:10,000 millionaires? what's the problem? by Anonymous Coward · · Score: 0

    look up "asburd" in the dictionary when you have a free minute.

  92. Re:ENDS do not justify MEANS by Anonymous Coward · · Score: 0

    yep seems like flamebait to me, people take MS success far to seriously, They are a bloody aggressive company that succeeded, no worse and no better than most others. There tactics are still common practise in most companies, only difference is MS were declared a monopoly otherwise what they were doing would still be legal for them.

    Get over the evil bullshit, They are there to make money like any other company and it is far better that Bill gets it as at least he shares his wealth unlike many other CEO's.

  93. not really. by Anonymous Coward · · Score: 0

    a million bucks is not a lot of money anymore.

    1. Re:not really. by Anonymous Coward · · Score: 0

      It's more than I'll ever see. I got my degree and went into manufacturing. Figured it was better to make products than money.

      A million bucks is not a lot of money anymore for the rich, sure. It's still a HUGE amount of money for the other 90% of us. The gap keeps getting bigger.

    2. Re:not really. by Anonymous Coward · · Score: 0

      So you won't mind sliding a few million over to me would you? Didn't think so.

      Slashdot requires you to wait 2 minutes between each successful posting of a comment to allow everyone a fair chance at posting a comment.

      It's been 10 minutes since you last successfully posted a comment

      WTF? Am I gonna be able to post this or what?

    3. Re:not really. by GagnierA · · Score: 1

      Sure, a million bucks isn't alot of money these days....especially if the person that gets the moddest sum is from the irresponsible sector of society. In this case, a financially irresponsible person would be someone who's poor and suddenly becomes a millionaire.

      Through my personal observations of people around me, "rags to riches" people end up spending a large portion of their newly found wealth on expensive "toys" and other such material possessions and get in over their heads faster than they can realize.

      For example, if one were to get $3million "overnight" they would become extremely overwhelmed and buy things like $750,000 imported sports cars. Sure, they would be able to afford the purchase...but they may not take into account the insurance cost ($180,000/year or more) and maintence...since it's an import, any parts that are needed to make repairs need to be flown from overseas on special order.

      Another "fatal flaw" that this sector tends to posess is the need to brag. The more you talk about the amount of money you have, the more you'll become your family's (and friends', and neighbors') personal charity. They end up giving alot of their money away if they're insecure and/or lack will power. In these kinds of cases, more often than not, the "poorly wealthy" person ends up going insane because of constantly being harrassed, or they commit suicide.

      I could go on and on with these types of examples, but my whole point here is that a fiscally responsible individual could EASILY live a modestly lavish lifestyle on the bared interest of $1million alone and would never have to work. However, a responsible person wouldn't have to live off their interest...they would have the common sense to hire a reputable accountant and investment broker so that they could continue to grow their capital without ever having to worry about drying out the well.

      This is pretty off-topic from the original subject of the article, so I'll stop now before I start typing out another four paragraphs. I just hate it when I see people like this who don't know the value of a dollar....and this has just been my two cents ;-)

      I apologize if some of it might not make sense, I just took some painkillers so my head is slightly spinning...heh

    4. Re:not really. by damsa · · Score: 1

      Who makes 750k imported car you speak of? And how does that cost 180k in insurance a year? Even the most expensive Ferrari isn't 750k. Also interest on 1 million is only 50,000.00 if based 5% interest. And 50,000.00 a year after deducting taxes isn't going to buy you a EASILY modestly lavish lifestyle in Redmond. Also its hard to tell who is a millionaire in Seattle. I saw Bill Gates once, didn't look like anything different, only reason I paid any attention was because of his Ferrari that was parked out on the street.

    5. Re:not really. by GagnierA · · Score: 1

      I'm just going to reply to this one quickly since you obviously don't know what you're cooking...there are quite a few cars who's Playboy purchase price of $750+ and in the immediate . Moreover, the monthly interest earned is $105,000/month on $3,000,000 if the interest rate were 3.5%....I do believe that earning more in interest monthly than most people make in 3 years ($105,000)...anyone could live off of that for the rest of their lives because there would never be more interest earned monthly than you could spend. I don't quite know how your american taxes go at income tax time, but in Canada you don't pay tax on lottery winnings and stuff like that....so if you had $3million at 3.5% you'd only have to pay 3.5% of $105,000....which would be $3,675.

      Anyways, that's all I gotta say about this...it's still early so my brain hasn't quite switched on yet.

    6. Re:not really. by Anonymous Coward · · Score: 0

      BZZT!
      Thank you for playing. Revnue Canada will ship you of to a nice pound me in the ass prison for tax evasion.
      Your winnings are not taxed. Interest on your winnings this counts as capital gains and is taxed accordingly.

    7. Re:not really. by Anonymous Coward · · Score: 0

      Moreover, the monthly interest earned is $105,000/month on $3,000,000 if the interest rate were 3.5%...

      Monthly interest on $3M at 3.5% annual interest rate is $8750, enough to live on comfortably, but no more.

      3.5% monthly interest corresponds to about 50% annual interest rate--if you can get that, please let me know where.

    8. Re:not really. by damsa · · Score: 1
      http://www.forbes.com/vehicles/2005/02/21/cx_dl_02 21feat.html

      Most expensive car sold in the US is $558,000.

      Your post stated interest off of 1 million. And in America you have to pay tax on interest. No savings account is going to give 3.5% interest monthly. If you thinking savings account or a CD, 5% is probably the highest you can go or maybe 6% a year.

    9. Re:not really. by GagnierA · · Score: 1

      You obviously don't live in a large area because it's common knowledge in cities and other locales of concentrated wealth that there are cars that cost more than $558,000....the Saleen S7 costs $562,700 MSRP, plus tax and depending on what options you want you can end up spending quite a bit of money. That's just one example of an expensive exotic sports car...go to a car auction as well, lots of rare cars in mint condition can sell for over $1.5million.

    10. Re:not really. by damsa · · Score: 1
      I want a cite. You said people buy imported $750,000 cars to drive around in. I gave you one cite. The most expensive brand new car sold in the United States is a Saleen S7 according to Forbes and that's not even imported its American.

      I live in Microsoft country. Even Bill Gates drives a cheapo 200k Ferrari. I never ever ever seen a car in the Seattle area being driven on a semi regular basis that costs more than 200k US.

      You made up some numbers its your burden to prove it.

    11. Re:not really. by Cirvam · · Score: 1

      Sorry but that's the most expensive new car...If you want to buy a McLaren F1 you have to shell out upwards of $1 million if you can find a seller. Its a used car yes, however for a few extra grand you can send it back to the factory and they will change things around to suit you (fit the seat to you, etc)

      If you really want to get exotic you could buy something like a Dauer 962, which is pretty much a street legal Porsche 962 race car. I think once you are done with one of them it can easily run between $1-3M. Also the new Bugatti Veyron or whatever its called (looks like ass imho) retails for a cool $1M even.

      And that's not even getting into collector cars...vintage Ferraris such as a Testa Rossa (note two words, not the car from the 80s on Miami Vice) start at $5M and go up.

      But that's just me spouting off about cars.

      If you look at most lottery winners and a few pro sports flash in the pan types, many end up bankrupt within a few years due to the inablity to manage the money and being taken in scams.

    12. Re:not really. by damsa · · Score: 1
      You missed the point. You can't buy a Veyron, they aren't out yet. Dauer is out of business and you can't buy a McClaren new unless its a SLR and that cost less than 400k . The op stated that people buy cars and then do not realize how much maintenance it requires and ends up costing a lot more.

      McClaren F1 holds its value well and so does other collector cars. So buying a collector car for 750k is not going to cost you 180k in maintenance and insurance. If you pay one million, the market is out there that you can sell it for one million.

      Problem is like you said most lottery winners and flash in the pan types end up bankrupt within a few years, but its not because they bought a 750,000 car.

    13. Re:not really. by Cirvam · · Score: 1

      http://www.962lm.com/

      Just had to add, they aren't out of business yet, low profile perhaps. Either way, I think we both agree stupidity costs more then their automotive choices.

  94. INFORMATION WANTS TO BE FREE!!!!! by Anonymous Coward · · Score: 0

    you hippies are so cute.

  95. Re:digg reposts? by qualico · · Score: 1

    Couldn't help but notice the Google Ad infection.
    So can't be too much different.

  96. Re:10,000 millionaires? what's the problem? by Anonymous Coward · · Score: 0
    It said:
    No entry found for asburd.

    Did you mean absurd?

    Was it a trick question?
  97. Re:Microsoft for Microsoft. Microsoft that matters by Anonymous Coward · · Score: 0

    sure. keyhole.com kicks ass.
    had i known that saddam was hiding $700 million in a zoo AND knew about keyhole, I would probably be either dead or $700 million richer.
    Then I could build a town in SimCity and actually have it built if I liked it enough.

  98. You hippies are cute. by Anonymous Coward · · Score: 1, Insightful

    How in the hell is the stinking hippie RMS helping humanity? Envisioning an operating system he couldn't get off the ground and writing an overcomplicated text editor, then living off award money and telling other people that they don't deserve to earn in the software industry? And your definition of not helping is a guy that, in all likelihood, doubled the American economy? Interesting thinking.

    1. Re:You hippies are cute. by payamchee · · Score: 1

      I only wish you hadn't posted as Anonymous... so that I might shake your hand.

      I was beginning to believe that it's impossible for anyone on Slashdot to communicate something intelligible. Bravo.

    2. Re:You hippies are cute. by Anubis350 · · Score: 1

      writing an overcomplicated text editor

      let's give credit where credit's due.

      he wrote THE overly complicated text editor

      --
      "goodbye and hello, as always" ~Prince Corwin, from Zelazny's Amber series
    3. Re:You hippies are cute. by intnsred · · Score: 1

      How in the hell is the stinking hippie RMS helping humanity?

      Go back and reread any of the many Slashdot articles which document the use of GNU software in developing countries. Whether it's cheap computers in India for poor people or African (or European!) schools being able to afford computers because they now run GNU/Linux.

      Stallman's contributions involve far more than Emacs (and no, I don't run Emacs either:-). He was the key person behind the GNU C compiler and many other pieces of software, in addition to one of the driving forces behind founding the Free Software Foundation and the entire free software movement.

      Compared to the Microsoft millionaire who made money, in part, from Microsoft's illegal activities and now has a "claim to fame" that he funds a company which replaces Starbucks and Green Mountain Coffee with a different expensive brand in college student lounges, Stallman is literally a "Mother Theresa" figure.

      Who's doing more for humanity: the guy providing another choice of expensive coffee to college students or the guy who has provided millions of dollars (billions if calculated the Microsoft way!) of advanced software to the developing nations of the world?

  99. Microsoft is so over by Anonymous Coward · · Score: 1

    I used to work at Microsoft, and I can't believe the press are running stories about this tired crap now. Everyone who joined MS since about mid 98 has seen just about nothing from the options. My buddies and I used to joke about being Microsoft Hundredaires. The stock price is so habitually flat now that the company even stopped bothering to give out options some years ago.

    Leaving aside the question of stock, it's a crappy place to work. The management is clueless, the bonuses small, the review system unbeliveably stupid and annoying. I am so glad I quit a couple of years ago and got a better job at a non-evil company.

  100. More information on the Microsoft 11 by Civil_Disobedient · · Score: 3, Interesting

    Unfortunately, the original article has disappeared into the aether, but there's an archive.org copy of what happened to the Original Microsoft 11 here:
    http://web.archive.org/web/20040202201554/http://w ww.abqtrib.com/archives/business00/041200_microsof t.shtml

  101. Re:Redemption...? by Anonymous Coward · · Score: 0

    Your way to angry

    "You're", "too".

    your own good, you act

    "good; you" or "good. You".

    release an imperfect OS, nobody is forcing

    "OS; nobody" or "OS. Nobody"

    etc.

    but its just that

    "it's".

    I think the amount of money that man has given to charities absolves him from anything he has done. [...] When Gates starts murdering inocent people

    Overlooking for a moment the fact that you can't prove that he hasn't murdered anyone, innocent or otherwise (and your misspelled adjective "innocent" seems to imply that his absolution covers the murder of not-so-innocent people), are you suggesting that anything else that he may have done should be forgiven simply because he gave away some of his money? That sounds like bribing the public to me. Let me remind you of some of the things that Bill Gates has done:
    1. He has named the largest software company in the world based on a description of his penis.
    2. He has contributed to the destruction of innocent pies thrown by his detractors by imposing himself directly in the path of their trajectories (the pies' trajectories, not the detractors' trajectories).
    Oh, yeah, and then there's that whole DOJ fiasco, and backing SCO, and the Halloween documents, and the "Just the Facts" deceptions, and his supplying the Nazis with tabulating machines that they used to help with their attempts to exterminate the Jews and others, and his assassination of Abraham Lincoln shortly after World War I, and his patent infringement suit against Harry Gutenburg (which delayed the introduction of the printing press by over 10 years, which in turn was a direct cause of the Dark Ages), and his betrayal of Jesus to the Romans, and his battle with God at the beginning of time that caused his banishment to Hell, from whence he plagues humanity to this day...

    Wait, sorry, I seem to have strayed from the topic somewhat. Anyway, Bill Gates can't buy his way to heaven the way Donald Trump did.

    Wait. Sorry, sorry. I'll shut up now and go use Linux.

  102. Microsoft lies to companies to get established.. by rofthorax · · Score: 1

    That's not their money, it's ours, jerks!

    --
    Just say no to license servers!!
  103. Re:A Million dollars doesn't go as far as it used by Anonymous Coward · · Score: 0

    Shit, there's an obvious solution to that: Don't live in New York City.

  104. Re:Gates is Not Good. by Anonymous Coward · · Score: 0

    your example above is unfair, but guess what that wasn't Microsoft enforced. They didn't actually say to those large vendors you have to use our stuff or we punish you. They said if you use only our stuff we give you a large discount. You chose to deal with a MS exclusive vendor, Guess what every industry has exclusive vendors and they all work the same way. Don't blame MS for your poor choice of supplier.

  105. Gifts with reservations by Quiberon · · Score: 1
    A gift with a reservation (e.g. thou shalt not use Macs) is less valuable than an outright gift; and in severe cases can be worse than no gift at all.

    I hope their tax returns reflect it.

  106. you are so missing the point by cahiha · · Score: 0, Flamebait

    Unfortunately, it seems that most of us have somehow gotten so wrapped up in our silly little arguments about which browser is better to be able to care.

    I care a lot, as do lots of other people. That is why I object to Gates-style philanthropy in principle. Monopolizing a market, siphoning hundreds of billions out of the economy, and then aggrandizing oneself by giving back a small fraction of that is not an efficient way so help third world nations.

    If Microsoft had not killed dozens of innovative companies and imposed enormous unnecessary costs on businesses, Zimbabwe might well be getting a lot more money than it is now, both from private donations as well as from tax revenues.

    Of course, given that Microsoft is a convicted monopolist and doing what it is doing, I prefer them to donate money to worthy causes. But that doesn't excuse or justify Microsoft's past or current behavior. Gates is behaving just like the so-called "robber barons" a century earlier.

    you're just glad that somebody's doing something.

    There are thousands of dedicated volunteers, and billions of dollars of donations and government funds flowing into HIV prevention and care. But the only thing that you recognize is when Gates writes a big check in his comfy mansion. Your arrogance and thoughtlessness is disgusting.

    1. Re:you are so missing the point by Neopoleon · · Score: 1

      "If Microsoft had not killed dozens of innovative companies and imposed enormous unnecessary costs on businesses,"

      1. It was practically a business model in the late 90's to set your company up for purchase by Microsoft. That's hardly "killing".

      2. If the costs weren't worth it, then people wouldn't pay.

      "Zimbabwe might well be getting a lot more money than it is now, both from private donations as well as from tax revenues."

      Of course!

      From the Scott McNealy Foundation...

      And the Larry Ellison Trust...

      (I have my doubts.)

      "Of course, given that Microsoft is a convicted monopolist and doing what it is doing"

      What exactly *is* it "doing" right now?

      People bring up this monopoly thing all the time, but I can't think of a single product we produce for which there isn't competition.

      OS: *nix, OS X, Symbian, SkyOS, the list goes on...

      Office apps: OpenOffice, Gnome Office, AbiWord, the list goes on...

      Browsers: Mozilla, Opera, Safari, the list goes on...

      Etc.

      "There are thousands of dedicated volunteers, and billions of dollars of donations and government funds flowing into HIV prevention and care."

      Oh, OK. Well, somebody should tell Bill that there's enough, then.

      There are African countries in which roughly a third of the population is infected with HIV. Doesn't seem to me like there's enough being done, and I'm guessing that every bit helps.

      And that's just HIV. Problems that have all but gone away in the states still exist elsewhere. Tuberculosis, for example, is doing a lot of damage.

      And Polio - remember that? Probably not if you were born recently in a developed nation, but it's still out there.

      And the list goes on...

      "But the only thing that you recognize is when Gates writes a big check in his comfy mansion."

      Well, I wanted to stay at least remotely on topic.

      If you'd like to discuss my donations to Children International and cancer research, then I'm down with that, but it would stray a bit from the whole "Microsoft Millionaires" conversation.

      "Your arrogance and thoughtlessness is disgusting."

      I can see why you might think that out here, but if we met in "real life", I have little doubt that we'd get along and not find each other to be quite so odd after all. It's tough to communicate everything you'd like over forums, and a lot is left to the imagination.

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    2. Re:you are so missing the point by cahiha · · Score: 1

      It was practically a business model in the late 90's to set your company up for purchase by Microsoft. That's hardly "killing".

      Sure, buying a company is not killing it. But there are lots of other companies Microsoft has driven out of business, or nearly so, that Microsoft didn't buy. Furthermore, even though the purchase of various companies by Microsoft may have been good for the few investors in those companies, it was usually bad for everybody else.

      People bring up this monopoly thing all the time, but I can't think of a single product we produce for which there isn't competition.

      Microsoft hasn't been convicted of being a monopoly, it has been convicted of monopolistic business practices. Being a monopoly is not illegal (but may lead to regulation). Monopolistic business practices, on the other hand, are illegal even if the company isn't a monopoly yet (but not usually worth prosecuting until a company gets as large as Microsoft).

      Also, the "competition" you list is illusory. The only two competitors with much public visibility in that list, Apple and Sun, are being propped up by Microsoft, probably to make just the argument you are making; commercially and technologically, they are becoming less and less important.

      Almost all the other software you list (Linux, OpenOffice, Mozilla, etc.) are the open source leftovers of once proud commercial competitors to Microsoft (you can figure out why Linux is in that list). Making them open source has been a desparate, last-ditch attempt by the rest of the industry to fight Microsoft, since competing on price, quality, and innovation hasn't not been sufficient.

      Oh, OK. Well, somebody should tell Bill that there's enough, then.

      The issue isn't whether there is "enough", the issue is what the donation says about the man, his character, and his company.

      What exactly *is* it "doing" right now?

      Filing bogus patents, refusing to comply with court orders, fialing to comply with standards, bundling more functionality into the OS, and apparently still engaging in bundling arrangements with major hardware vendors.

      I can see why you might think that out here, but if we met in "real life", I have little doubt that we'd get along and not find each other to be quite so odd after all.

      People and companies aren't all good or all bad. Microsoft does some good things as a company and many Microsoft employees are generally nice people. But ethics isn't like a bank account where, if you just do enough good things, it balances the bad things.

      Also, people in real life are generally polite, and that means that they have the good sense to avoid controversial discussions at social events. They are also generally pragmatists, which is why they don't cut off people just because they disagree with them on ethics--the world wouldn't work otherwise. That does not mean they approve. And if people can't avoid the topic, they avoid the person in order to avoid controversy, which is probably why you mostly meet people who agree with you. The advantage of a forum like this is that one can actually discuss things frankly.

      I do think 25 billion dollars going to health care in the third world is generally a good thing, but doing a good thing doesn't mean that the person doing it is a good person. What Gates is doing follows a long history of controversial figures and persons with ethical or legal problems trying to improve their image through large, publicly visible donations to popular causes. If this was about the act rather than the person, the name of the man wouldn't figure so prominently in everything. Religions and ethicists actually often hold that true charity requires anonymity.

      Anyway, thanks for taking the time to respond and have a discussion

    3. Re:you are so missing the point by Neopoleon · · Score: 1

      [Note: I've decided to adopt your quoting style because I think it's prettier than mine.]

      But there are lots of other companies Microsoft has driven out of business, or nearly so, that Microsoft didn't buy.

      OK, but isn't that business?

      If Burger King were wiped off the map by McDonald's, would you be worried about it?

      I realize that it's not a perfect analogy - none are. Operating systems and mainstream applications are a strange thing when it comes to innovation and competition.

      On the one hand, it's Very Good to have both innovation and competition in the space. On the other, users don't want to be constantly bombarded with innovation, and they don't want to have to sit around figuring out which OS to use. They just want something, they want to stick with it, and that's that.

      Innovation and choice in operating systems are high on the agenda for geeks like us, but my mom has a hard enough time learning one OS - even if there were another she liked better, I doubt she'd take the time to learn it. And then, thanks to more innovation and choice, when the technology behind the OS she's ditched leapfrogs the competition (what she's currently using), what's she supposed to do? Switch again?

      Imagine going to the dealership where "innovative" cars are sold. Someone's decided that it would be a great idea to stick the steering wheel in the back seat. Is that something you want to deal with? Probably not. In this case, of course, choice can be good, but imagine as well that it's hot and humid outside, and that this was only the first dealership of ten that you're planning on visiting before you even begin to decide on which car to buy.

      Suddenly choice looks like a royal pain in the ass.

      In principle, I love choice, and I'm fascinated by innovation. In my daily life, though, I want to spend much more time on what's important to me than what I need to do just to get my work done.

      I call this kind of work "metawork", and I hate it.

      The result is that you'll find I'm interested in innovation and choice, but also in trying to make life easy for the people who are going to be using this stuff.

      It's hard to find the balance.

      Furthermore, even though the purchase of various companies by Microsoft may have been good for the few investors in those companies, it was usually bad for everybody else.

      This is a sad thought, but, again, that's business, and if you don't want to have to deal with risks like that, then you should be sticking your own neck out to run your own company.

      When I signed on with Microsoft, I did so with the full knowledge that they could drop me at any minute for any reason. Whether I think that reason is valid or not is immaterial - I've agreed to it.

      Employees do it all the time, all over the place.

      When I was self-employed, I didn't have this sort of thing hanging over my head. Then again, though, I worked seven days a week, took a big hit to my pocketbook at tax time, had a hard time getting loans because strong cash flow just isn't enough for the self-employed, I paid for my own health care (which was quite a bit), and did pretty much everything else under the sun.

      Somebody at Microsoft is taking that duty on so that I can have a job. I'm thankful for that, and if I ever find myself in disagreement with the conditions, then I'll strike out on my own again.

      Microsoft hasn't been convicted of being a monopoly, it has been convicted of monopolistic business practices.

      Ahhh... Subtle distinction (for me, anyway).

      The only two competitors with much public visibility in that list, Apple and Sun, are being propped up by Microsoft, probably to make just the argument you are making; commercially and technologically, they are becoming less and less important.

      Well, if Apple and Sun are "becoming less and less important [technologically]," then why does it even matter? If they're becom

      --
      - Rory [Microsoft Employee] | Free dirt: neopoleon.com
    4. Re:you are so missing the point by cahiha · · Score: 1

      OK, but isn't that business?

      It often is, but Microsoft is different. When a company has upwards of 50% market share in some kind of infrastructure, the rules change. For example, Microsoft could (and did) wipe out entire companies simply by making a deliberately fabricated announcement at a show that they were "working on something similar and it would be announced soon". That's not business or competition anymore, and it certainly isn't competition on technical merit.

      If Burger King were wiped off the map by McDonald's, would you be worried about it?

      No, because their products are largely interchangeable. But I am concerned about Burger King wiping independent, higher quality restaurants off the map, which they do. However, that problem hasn't become anywhere nearly as bad as in the computer industry.

      Innovation and choice in operating systems are high on the agenda for geeks like us, but my mom has a hard enough time learning one OS - even if there were another she liked better, I doubt she'd take the time to learn it

      But that's part of the problem: lack of standardization. There were actually user interface standards being developed, but they became irrelevant once Microsoft had enough market share and decided to go it alone.

      Having said that, my mother (an artsy person) doesn't have any problems moving between Windows, Macintosh, and KDE--the three systems have become so similar to each other that she basically doesn't even care much (Macintosh is actually the worst of the bunch). Unfortunately, they have become similar on Microsoft's terms, rather than through innovation by lots of different companies and open standardization of the best ideas. That's why all their interfaces are far from as easy to use as they could be.

      Imagine going to the dealership where "innovative" cars are sold. Someone's decided that it would be a great idea to stick the steering wheel in the back seat. Is that something you want to deal with? Probably not. In this case, of course, choice can be good, but imagine as well that it's hot and humid outside, and that this was only the first dealership of ten that you're planning on visiting before you even begin to decide on which car to buy.

      But that example undermines your argument that it is important to have a single company designing the user interfaces. There are still dozens of car companies, yet they all manage to produce products with reasonably interchangeable user interfaces. So, instead of standardization because of a near Microsoft monopoly, we could have standardization through de-factor or explicit standards.

      But, to continue your example, imagine now that one of the car companies started buying up all the gas stations and only let its own cars fill up at those gas stations. Sure, you can still buy the other cars, but they'll be less and less practical. That's roughly the situation we have with Microsoft. In fact, something fairly analogous happend in the last century, and the government eventually intervened and broke it all up.

      Just curious. I've learned tonight that being human isn't like a bank account where, if you just do enough good things, it balances the bad things.

      Well, to be more precise, the problem is that you can't make up for a bad deed by doing something completely unrelated that's good. If you cheat somebody, no amount of donations to the World Wildlife Fund will make up for it--you have to apologize, repair the damage you caused, and give indications that you recognize your behavior was wrong.

      Gates doesn't admit that he was wrong; he probably still doesn't believe he was doing something wrong. Therefore, I don't have any reason to trust his business ethics any more now than before his $25b donation. His $25b donation illuminates a completely different aspect of his character, but that aspect was never my concern--I never assumed that Gates was any worse in that particular regard than other wealthy people.

  107. Re:10,000 millionaires? what's the problem? by digitalunity · · Score: 2, Insightful

    Any comments that this is obscene is pure jealousy.

    I am jealous of the money they have. I do not make a lot of money, like a lot of people, and would really love to be at least a little better off. It is not the money itself that is obscene, but the way in which it was made. You state that their richness is a sign of the 'fine job they did'...

    I disagree. It may be like that with some consumers, but they have systematically rigged it so they cannot be toppled and you are required to purchase their products with every computer you buy. In a business sense, that is a 'job well done', but if thats what it takes to be rich, I'll pass.

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    You can't legislate goodness. Let each to his own destiny, by will of his freely made choices.
  108. Peace, Man! by turgid · · Score: 1
    Dude, smoke some of this. It'll mellow you right out and you'll see things from the edges of the cosmos.

    Gates gives $100 to fight HIV and $421m to fight Linux

  109. Donations or bribes? by SgtChaireBourne · · Score: 1
    Then you have the question of whether the charitable donations are just that. From the outside, it looks miore like they are trying to use the money to block or outmaneuver competing technologies.

    Don't forget that money came from charging 4 to 5 times the market value of the products (most vouchers were never cashed so there was in practice no punishment) and from scams like Microsoft Software Assurance.

    --
    Beta is broken and the link to classic doesn't work. Stop wasting our time or there won't be anybody left here.
  110. The problem is with trade anyway. by Colin+Smith · · Score: 1

    Both the EU and US still have large trade barriers and ridiculous subsidies in place.

    Until these are removed, giving poor countries equal access to the world markets that EU member states and NAFTA states enjoy, any aid given is little more than propaganda.

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    Deleted
    1. Re:The problem is with trade anyway. by 16K+Ram+Pack · · Score: 1
      Absolutely. There was a news item about EU ministers agreeing to double aid to Africa as a "breakthrough". Try getting them to dismantle the CAP (Common Agricultural Policy) though.

      It's also about freeing up trade in value-added goods. It's quite easy for African nations to export things like coffee, cocoa. But, if they try and export something like chocolate bars, they suffer tariffs.

    2. Re:The problem is with trade anyway. by stdarg · · Score: 1

      Yeah let's remove the US's ag subsidies first... then we'll watch as south america and china become the world's food producers. We'll be in a great position then.

      People these days have absolutely no common sense when it comes to subsidies. Great, it's more efficient overall if country XYZ produces all our grain, but surely you realize that means they can cut us off, raise our prices, or do anything like that and we're screwed.

      Comparative advantage works only in a global utopia.

    3. Re:The problem is with trade anyway. by Colin+Smith · · Score: 1

      You're assuming you couldn't compete and that you get all of your food from one country.

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      Deleted
    4. Re:The problem is with trade anyway. by stdarg · · Score: 1

      It's a pretty good assumption. If farmers could be more competitive, they would -- they'd make more money. If we start importing food, it'll probably be from one big country, just like how a lot of countries depend on the US right now. Even if that's wrong and we get it from several providers, it's easy to form a bloc when you've got something valuable.

      Being dependent on foreign countries for vital resources is a bad idea. Look at the trouble with the middle east. Imagine skyrocketing food prices because our 10 main grain suppliers figured out they can team up and have us by the balls.

      http://www.indiaonestop.com/Greenrevolution.htm

      That link contains some interesting information on how becoming agriculturally self-sufficient helped turn India around post-colonization. Also highlights some serious consequences of being dependent for food -- mass starvation during warfare, a very real possibility.

  111. Re:I wonder where Linus and RMS put their millions by medgooroo · · Score: 1

    You do know linus is a millionaire as well right? I mean, obv not on the scale as BG and as you point out, in a far better manner. AFAIK he lives in a nice house, drives a decent open top car and looks after his kids.. Seems pretty straightforward use of money... no famous charitable stuff, but no investing in giant feet sculptures or whatever it is the MS guys are doing.

    --
    Brain(s): 0.0% user, 1.3% system, 0.1% nice, 98.6% idle
  112. Re:If I ever became a trillionare I know what to f by laejoh · · Score: 0

    Always reminds me of:

    Three women die and go to heaven. They get to the pearly gates and St. Peter says, "sorry ladies but we are expierincing technical difficuties so until they are fixed I am authorized to return you to earth as anyone you want to be." The first lady says I want to go help with civil rights I want to be Rosa Parks. St Peter claps his hands twice and she disappears and is rosa parks. The second lady says I want to be an actress I want to return as Audry Hepburn. St Peter claps his hands twice and she returns as Audry Hepburn. The Third lady approaches St Peter and Says I want to return as Sarah Pipeline. St Peter says Who?? She repeats Sarah Pipeline. St Peter says there is no one by that name. the lady says here and hands St Peter a newspaper clipping. He reads it looks at the lady and ma'am you have read it wrong it is the Saharah Pipeline that was laid by 100,000 men in a month

  113. Re:I wonder where Linus and RMS put their millions by intnsred · · Score: 1

    So what are you saying? That we should fund charities by the generosity of the rich?

    Didn't that used to be the US policy -- let the Red Cross and other charities handle all welfare for the poor? The system was so ineffective (be it for bureaucracy, not enough donations, or whatever) that the people demanded the gov't step in and develop what we now know as our welfare system.

    Addressing the needs of the poor via various gov't-mandated welfare systems is a standard worldwide tactic (no matter how much the ruling elites of the US want to dismantle such systems).

    But advocating, as you seem to be doing, that we instead address charities by allowing huge corporations to reapeatedly break the law (as Microsoft has done and which has helped make these new millionaires to be millionaires), establish monopolies, and then admire and rely on the generosity of their new millionaire stockholders is an appalling idea.

    My point was to contrast the above idea to what free software authors are doing: they are breaking no laws; they are not extracting money from any person; they are contributing to the good of society with software which is worth millions -- they are giving back to the common community simply by their own labor and highly specialized skills (in addition to whatever charitable contributions they might make).

    Which is to be desired more?

    * A corporate lawbreaker and the people who benefitted by breaking those laws, who then publicly spend some their cash and throwing some money to charity

    Or

    * Someone who breaks no laws, exploits no people, and who seeks enjoyment by working for the public good by quietly giving the public millions of dollars of a product from their highly specialized labor?

  114. Re:Jeez buy a proper league by Anonymous Coward · · Score: 0

    In that case your ignorance is exceeded only by your stupidity.

    I'm fed up hearing people diss bowling without thinking about the amount of time, effort and money required to be (and STAY) good at it. The term 'professional athlete' isn't restricted to physical fitness, but as someone who sits in front of a TV/computer every day I wouldn't expect your superior being to understand that.

  115. Income tax should be abolished by Kombat · · Score: 1

    It's grossly unfair for the top n% of taxpayers to pay >n% of total taxes, and even these flat tax proposals going around don't adequately address this grotesque injustice. I suggest that instead of our current "progressive" system or any of these half-assed flat tax rate schemes, we just charge everyone a flat amount.

    The ideal solution would be to completely abolish all income/inheritance/capital gains taxes completely, and move to an entirely consumption-based tax model. It shouldn't matter how much you earned or won or inherited, if you don't spend the money. Why not just have a 15% sales tax on everything? Houses, cars, clothing, everything. 15%. Then the super-rich, when they buy their $150,000 Ferraris, will pay 15%, which is a huge pile of tax money, while the low income family buying a used beater car for $2000 will pay practically nothing in tax.

    It's a radical shift in mindsets, but the more you think about it, the more sense it makes.

    --
    Like woodworking? Build your own picture frames.
    1. Re:Income tax should be abolished by loqi · · Score: 2, Interesting

      No, actually it makes less sense the more you think about it. Sales tax

      ...Doesn't account for the difference in impact money has depending on how wealthy you are. A low-income family that has to buy a beater car for $2,000 is probably already fucked because of the money they'll spend fixing it, and you say $300 is "practically nothing"? Where I grew up, $300 was *a lot of money*. I would say $22,500 is a lot closer to "practically nothing" for someone who has the kind of money that they can throw it away buying a cock on wheels.

      ...Makes no economic sense whatsoever. Sales tax hurts consumption. Basic economic theory... price goes up, consumption goes down. Progressive income tax, on the other hand (continuously progressive, none of this bracket shit) doesn't really nerf incentive to do anything. No one says, "oh fuck it, this job only pays $3,000 more than the alternative instead of $5,000 more, I don't want to make more money unless I keep all of it." As long as making more money never costs you as much as the gain, there's incentive to do it, and someone will.

      Now please give me a good rationale for abolishing inheritance tax. It seems pretty goddamned obvious that in a system where it "takes money to make money", it's a slippery slope into very centralized control of the vast majority of wealth (can you see any parallels in America today?). Why should rich kids get a free ride just because they were born to rich parents? They're already going to have all the advantages associated with growing up wealthy (better nutrition, better schools... Kurt Vonnegut would describe it as them being taught at an early age to sip from the money river). Honestly, I wouldn't lose much sleep if Joe Billionaire could only make his son into Joey Millionaire. Boo hoo, he can't buy two beach houses and fifty cars.

      --
      If other reasons we do lack, we swear no one will die when we attack
    2. Re:Income tax should be abolished by Kombat · · Score: 1

      Doesn't account for the difference in impact money has depending on how wealthy you are.

      Why should it? What kind of cynical, defeatest mentality has lead to this belief that we must punish success? Is it envy? Resentment? The desire to continue ignoring the reality that our own apathy is the reason we're not as successful as we could be, as individuals?

      I would say $22,500 is a lot closer to "practically nothing" for someone

      What could you possibly be basing that on? The truth is, you have no idea. You can't understand what it's like to have that kind of money, yet you'll happily spout off here about what it "must be like." How do you know if $22,500 is a lot of money to someone with $150,000 or not? You don't.

      Now please give me a good rationale for abolishing inheritance tax.

      Sure. It's the same rationale for abolishing capital gains tax. The money has already been taxed. Once I've paid tax on my money, why can't I spend it however I want? If I want to invest it, why am I punished if I guess correctly, and pick a stock that happens to go up? Why can't I give my money away? How come, if I give that money to a stranger (charity), then I get back the income tax I paid on that money, but if I give it to a relative (inheritance tax), I not only don't get anything back, but even worse, I'm taxed again!?!

      Why should rich kids get a free ride just because they were born to rich parents?

      They shouldn't, but shouldn't that be up to the parents to decide? Shouldn't it be up to the parents to choose whether or not they want to teach their kids the value of money, or if they would prefer instead to give them the future that they didn't have? Look at it from the other side. Instead of asking, "why should the kids get this," instead ask, "why shouldn't the parents be allowed to give their money to their kids?" They've sacrificed and worked hard all their lives, and if it's still a free country (is it?), why shouldn't they be "free" to give their money to their kids, if that's what they want to do? The fact that you're jealous doesn't change the fact that it's their money.

      If you punish success with these "progressive" tax structures, and stifling laws like the AMT, capital gains tax, and inheritance tax, what motivation do people have to succeed and excel?

      --
      Like woodworking? Build your own picture frames.
    3. Re:Income tax should be abolished by loqi · · Score: 1

      Disclaimer: U.S.-centrism.

      Why should it? What kind of cynical, defeatest mentality has lead to this belief that we must punish success? Is it envy? Resentment? The desire to continue ignoring the reality that our own apathy is the reason we're not as successful as we could be, as individuals?

      You act like there's some gigantic pool of magical wealth, and anyone who works hard is granted money by the fair fairy. Here's the reality: We live in a world of limited resources. Wealth is a representation, a measure of how much of those resources we effectively control. It's not about punishing success. It's about trying to make sure everyone has a life that's not been made to be absolute hell by forces outside their control. I'd be tempted to assume that you have no experience with the poor, as you assumed I have no experience with the rich, but I'll give you the benefit of the doubt that you've at least spent some time in a poor neighborhood with Mr. Drunk Fucker next-door that beats his kid because he can't pay his bills, or the Junk-food Twins that don't get the nutriotional opportunities to develop the kind of mind they'd otherwise have a crack at. Are these parents responsible for their actions? Absolutely. But that doesn't mean we shouldn't work at removing the roots of that behavior.

      What could you possibly be basing that on? The truth is, you have no idea. You can't understand what it's like to have that kind of money, yet you'll happily spout off here about what it "must be like." How do you know if $22,500 is a lot of money to someone with $150,000 or not? You don't.

      Actually, I say that because I do have a lot more money than I used to have, and the same $300 that used to mean the difference in whether or not I could pay the rent now means the difference in whether or not I buy a bigger hard drive. I could lose $20 and it would have practically zero impact on my life. Back then, losing $20 would have a pretty noticeable impact. Don't act like somehow life is financially hard when you're making that kind of money. I've known plenty of people that are on that end of the scale, and plenty of people on the other end. $22,500 in taxes on one of the most frivolous luxury items around is practically nothing.

      Sure. It's the same rationale for abolishing capital gains tax. The money has already been taxed.

      Sorry, I fail to see how that's an intrinsic evil. Giving your money to a charity is arguably more helpful to society than giving it to your relatives, and since tax is only there in the first place to provide utility to society through the financial transactions of the populace, there's no axiomatic reason re-taxing "the same money" is A Very Bad Thing.

      They've sacrificed and worked hard all their lives, and if it's still a free country (is it?), why shouldn't they be "free" to give their money to their kids, if that's what they want to do?

      Depends on your definition of "free country". Individuals in some countries have more personal freedom (they can smoke pot), but less abstract, essential freedom (like freedom of the press). Since our economy, our currency, is federally based, I think your attitude is a bit unwarranted. Let me put it this way: Our economy exists because the federal government effectively controls currency and enforces business- and work-related laws. If you want a governmentless economy, I think you're in for a wake-up call. That said, why is it so fundamental that people have the right to accumulate arbitrary huge economic power at the expense of others? Seems like that's against the best interest of society, and since our government is basically a social contract we enter into for the good of all of us, it also seems like an unwise policy for the government to espouse.

      The fact that you're jealous doesn't change the fact that it's their money.

      It's pretty rude to make negative assumptions about people you don't know. I'm not particularly jealou

      --
      If other reasons we do lack, we swear no one will die when we attack
    4. Re:Income tax should be abolished by Anonymous Coward · · Score: 0
      GP: Why should rich kids get a free ride just because they were born to rich parents?

      They shouldn't, but shouldn't that be up to the parents to decide?

      Yes, the parents should decide who to leave their money to, e.g. the kid as opposed to charity. That's fine. But once the parents are gone, the money represents an unearned windfall for the kid, just like winning the lottery. Should lottery winnings also go untaxed? You are looking at it from the parents' point of view, when you should be looking at it from the kid's point of view. It is (unearned) income for the kid, and it is unfair to the rest of us not to have it taxed while we pay taxes on our (hard-earned) income.

    5. Re:Income tax should be abolished by Feztaa · · Score: 1

      Sure. It's the same rationale for abolishing capital gains tax. The money has already been taxed.

      Can you spot the double taxation?

    6. Re:Income tax should be abolished by Kombat · · Score: 1

      You act like there's some gigantic pool of magical wealth

      You're right, there isn't a "magical" pool of wealth, but practically speaking, there is just one pool of money. It's just not magical. :) If I have $5, and use it to buy a $4 item from you, the government taxes it $1, and I've spent my whole $5, and you now have $4, and the government got $1. Now, if you take that same $4 and buy something back from me for $3, the government adds another $1 in tax. You and I haven't really traded much of anything, but the entire pool of money is slowly transferring to the government. This is why over-taxation kills commerce.

      Why are used cars taxed? When I buy a brand new car, say $25,000, it is taxed at 15%, netting the government $3,750. After a few years, if I sell it for $10,000, they charge tax again, but only 7% (I'm in Canada, there's no PST on private-sale used cars - only GST), getting the government another $700. Then that guy sells it again a few years later for $6,500, resulting in another 7% ($455) for the government. This can happen over and over again. Why is the same car taxed over and over again? The $25,000 I used to buy the car in the first place was already taxed. It started out as $40,000, but the government took $15,000 of that in income tax, leaving me with $25,000. Then, I spent that $25,000 on a car that was taxed, resulting in me paying another $3,750. Then when I sell it, they stick their greedy hand in there again. Don't you see how unfair all this is? How can you not be furious that we're taxed to the teeth at every turn? How can you possibly defend a system that taxes people who want to take the last little scraps what the government allowed them to keep, and give them to their kids?

      Back to the inheritance thing. If I bequeath $1 million to my children, that money actually started out as $2 million when I earned it. The government taxed it, and took half of it, leaving me with $1 million to call my own. If I spend that money myself, whatever I spend it on will be taxed. Now, if I leave it to my kids, it is useless to them unless they spend it. And they cannot spend it without paying tax. THAT is what I'm trying to say. So it is unfair to tax them simply for receiving the money, since the money is really just what's left over after I've already paid tax on the real amount ($2 million). And in order to really benefit from the inheritance, they have to spend it. And whatever they spend it on will be taxed. What's the hurry? Why can't you just wait and get the tax when they actually spend that money?

      Greed and resentment, that's why. And I'm not talking specifically about you, I'm referring to society in general, the left-wing crybabies who hate to see people getting things that they can't have. They resent that some people get to inherit money just because their parents happened to be smart investors or diligent planners. Well I'm sorry, but that's just luck, and we have to suck it up. Life isn't always fair, and it shouldn't be our goal to make it a completely level playing field at all costs. Some people will win the lottery. Some people will luck out in the gene pool. Some people will be born in better neighborhoods, or to a teenage crack-addict mom. That's life. We shouldn't drag everybody down to the lowest common denominator, just to make everything "fair."

      Individuals in some countries have more personal freedom (they can smoke pot), but less abstract, essential freedom (like freedom of the press).

      Strawman argument. Some countries have all those freedoms. They are not mutually exclusive.

      That said, why is it so fundamental that people have the right to accumulate arbitrary huge economic power at the expense of others?

      Why did you add "at the expense of others?" It's at nobody's expense. They just lucked out or worked hard or were very smart. Whatever the case, why do you automatically assume

      --
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    7. Re:Income tax should be abolished by Kombat · · Score: 1

      But once the parents are gone, the money represents an unearned windfall for the kid, just like winning the lottery. Should lottery winnings also go untaxed?

      YES!! I realize you were asking it rhetorically, expecting the answer to be an obvious "no," but I'm sorry, the answer is not an obvious "no." Indeed, in Canada, it's a common-sense "yes." In Canada, lottery winnings are tax-free. You pay absolutely no tax at all on any lottery winnings. Not one red cent.

      And it gets even better. When you win a $20 million jackpot, you actually win the whole $20 million. There's none of this bullshit about "we're going to pay it out to you over the next 50 years, or you can settle for half of it right now as a lump sum." You get the whole $20 million, right now, tax free.

      When you think about it, it makes perfect sense. The US system is the one that's screwed up. If I buy $100 worth of lottery tickets and lose, can I write that off as a tax deduction? No? Then why should I pay tax on the money if I happen to win? Doesn't that seem kind of unfair to you? Don't you see how that's a one-way transfer of wealth to the government?

      You are looking at it from the parents' point of view, when you should be looking at it from the kid's point of view.

      I disagree. Since it is the parents' money we're talking about, why would you look at it from any perspective other than the parents'? The kids have nothing to do with it, they are merely one potential target for this money. Why would you pick their point of view, as opposed to say, a charity, or the government? It's the parents' money. Talk about it from their perspective. They should have the final say of where it goes.

      It is (unearned) income for the kid, and it is unfair to the rest of us not to have it taxed while we pay taxes on our (hard-earned) income.

      Well, not in Canada, it isn't. Why shouldn't that be one of the benefits of being a parent? Why shouldn't parents be allowed to give their kids generous gifts? What you're saying is ludicrous. You're saying a parent shouldn't be allowed to give their kid anything unless they give the same thing to everyone else's kid, too.

      Look at what you said: "it is unfair to the rest of us not to have it taxed while we pay taxes on our (hard-earned) income." You're saying it's unfair that they get something you don't. Well, what if those same parents want to send their kid to private school, but your parents can't afford to do the same for you? Isn't that unfair? Is it unfair that Timmy's parents can send him to pony-riding lessons every Saturday, but yours can't? Should Timmy's parents be forced to pay for YOUR private school and pony lessons, too?

      Life isn't fair. And parents must be allowed to give preferential treatment to their own kids. To suggest otherwise is simply ludicrous. Indeed, I would say that in a truly "free" society, anybody would be free to give preferential treatment to anyone else they want. If I walk down the street, pick out a homeless guy and give him $1000, is that fair to the other homeless guys? Should he be forced to split that money evenly among all of them? Or should I simply be forbidden from giving the homeless guy any money in the first place? Where does this madness end?

      --
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    8. Re:Income tax should be abolished by loqi · · Score: 1

      You're right, there isn't a "magical" pool of wealth, but practically speaking, there is just one pool of money

      I didn't communicate that very clearly through my sarcasm. What I meant to say is, wealth is resources, resources are limited. Money doesn't come out of nowhere.

      You and I haven't really traded much of anything, but the entire pool of money is slowly transferring to the government. This is why over-taxation kills commerce.

      Well, sorry, but the government just doesn't burn all the money they take in taxes. It's not like they tax us to spite us. That money is spent. Do you know where money goes when it's spent? Back into the economy. Funding things that are impractical in the private sector, and government itself. Is there excess? Of course, but that's a completely separate argument.

      Don't you see how unfair all this is? How can you not be furious that we're taxed to the teeth at every turn? How can you possibly defend a system that taxes people who want to take the last little scraps what the government allowed them to keep, and give them to their kids?

      The (partially hypothetical) system I'm defending does not tax "last scraps". It helps insure that people with no scraps have something at all.

      Now, if I leave it to my kids, it is useless to them unless they spend it. And they cannot spend it without paying tax.

      $1 million useless unless you spend it? I don't know where you got your financial advice, but I wouldn't be a big hurry to spend my million. I'd probably let it generate money for me. That's not spending it, and that's very useful. It's also useful in illustrating the slippery slope inherent in unchecked capitalism.

      Greed and resentment, that's why. And I'm not talking specifically about you, I'm referring to society in general, the left-wing crybabies who hate to see people getting things that they can't have. They resent that some people get to inherit money just because their parents happened to be smart investors or diligent planners.

      All you're doing now is moving your personal attacks from me to others who feel the same as I do. This is unwarranted, unrelated, and pointless. How do you know what motivates them? Please, try to stick the actual argument rather than just insulting your opponents.

      I'm now going to put two of your quotes side by side:
      Don't you see how unfair all this is?
      Life isn't always fair, and it shouldn't be our goal to make it a completely level playing field at all costs.
      Oops. And, why shouldn't we? You seem to be very selective about what should be "fair" and what shouldn't be.

      We shouldn't drag everybody down to the lowest common denominator, just to make everything "fair."

      I'm not talking about dragging everyone down to the lowest common denominator, abolishing capitalism, or redistributing all wealth here. I'm talking about lowering the ceiling until the floor is livable. People are more important than owning seven boats.

      Strawman argument. Some countries have all those freedoms. They are not mutually exclusive.

      Nope, you missed the point. You asked if it was still a free country. I pointed out that freedom is a spectrum. If you want an absolute answer to your question, no country is a free country. If you don't, then it's a pointless thing to bring up, unless you qualify what kind of freedom you're talking about.

      Why did you add "at the expense of others?" It's at nobody's expense. They just lucked out or worked hard or were very smart. At whose "expense" is Bill Gates so super-rich? Who out there is suffering and starving in the streets because Bill is so rich? Who did Bill rob at gunpoint to accumulate all that wealth?

      It's a difference in potential impact, not specifically what he did to get his wealth (although that's another argument altogether... for the sake of this one, let's assume all of MS's business practices have

      --
      If other reasons we do lack, we swear no one will die when we attack
  116. Priorities are the responsibility of the parents by Anonymous Coward · · Score: 0
    children are starving, but bowling is saved .


    Who is responsible for creating those children?

    Who is responsible for having unprotected sex while knowing that if they produced any children, those children would be starving, either because those having sex have an insufficient economic status (unsustainable for rasing children) or because they are just irresponsible? I'm not talking about disaster stricken areas, which happen every once in a blue moon, I'm talking about the consistently poor nations.

    Why do we see perenially pictures of starving children living in squattersville? Is it Microsoft's fault that people who can't afford to are having sex and producing children?

    If you want to solve the problems of poverty and starving children, you need to take a serious look at the irresponsible behavior of adults, who refuse to abstain from sex or refuse contraceptives.

    Put a sock on it. Literally.

    And stop blaming other people for their problems.

    By the way, I heard on the BBC about people in the tsunami stricken area complaining that not much development work is going on in the area, and thus the inhabitants of the region are unable to return to fishing. Complain, complain, complain. Here's a suggestion, folks: Move the f--- out of that area and get a new job! It's not the d--- responsbility of the world to cater to your personal preferences of vocation! Besides, if a tsunami hit that area before, it's going to hit again.

    Sheesh.
  117. Jealousy? by nurb432 · · Score: 1

    So let me get this straight:

    I should be envious of people that have lied cheated and stolen their way to the top? And if I'm not, then I'm considered jealous of them?

    You are as disturbed as they are.

    --
    ---- Booth was a patriot ----
  118. Re:Redemption...? by orasio · · Score: 1

    Well, giving money to charity isn't _always_ a good thing. traditionally, it's just a defense mechanism that the rich use to keep the poor, poor and slightly happy, intear of poor-er, and angry, or trying to become less poor.

    That said, BG's charity is one of the best ways of charity, he invests in social development.

    About bussiness tactics, well, MS bussiness tactics take money away from poor countries that don't need to buy their products, and do need to invest that money on social stuff, and that does translate in dead people, much more than with polluted rivers.
    Of course MS doesn't have as much of the fault as dumb governments that keep funneling money to them, for software without added value over free alternatives.

  119. Re:10,000 millionaires? what's the problem? by IamTheRealMike · · Score: 1
    The wealth of the company, and their employees is a testiment to the fine job they did

    So you're happy to take over cleaning my families computers of spyware, then?

    Fine job, my ass. They got where they were through corruption and criminal activity. It is obscene.

  120. an Apple project?! by Anonymous Coward · · Score: 0

    Ironic, isn't it, that the researcher at UW they are collaborating with (Mullins) is Apple's poster child for OSX and XServe.

  121. Re:10,000 millionaires? what's the problem? by AlexMidn1ght · · Score: 1

    Somebody needs to rent and/or read "The Corporation"...

  122. Re:If I ever became a trillionare I know what to f by Anonymous Coward · · Score: 0

    And while they're moving, we could teach them about standard agricultural techniques so they don't turn their new habitat into a desert like their old habitat...

    Seriously - check out why Africa is so dead. A lot of it had to do with poor farming practices and overpopulation. They killed their own land.

  123. Re:10,000 millionaires? what's the problem? by dustmite · · Score: 1

    Even when much of the money was made illegally?