Bill Gates, Time Magazine "Person of the Year"
klubar writes "Bill Gates and his wife, Melinda, were named Time Magazine "Persons of the Year". He was joined in this honor with Irish rocker Bono-all being named for being "Good Samaritans" who made a difference."
I know for a FACT that none of them are from Samaria!
This should prove... once and for all, to the teeming masses of Slashdot kids, that people, by and large, DO NOT hate Microsoft and Bill Gates.
I don't respond to AC's.
As much as we dislike him, he does give an awful lot of money to charity, so well done Billy.
Of course the other argument is that, percentage wise he doesn't actually give that much...
Keep up the good work, Mr & Mrs Gates.
Backup not found: (A)bort (R)etry (P)anic
As much as I dislike Bill Gates and his business practices, there is no doubt that he and his wife have done more for charitable organizations than anyone in history. Bill Gates and his wife deserve to be celebrated for their efforts.
Aero
Please stop hurting America -- Jon Stewart
Mark 12:41-44
41 Jesus sat down opposite the place where the offerings were put and watched the crowd putting their money into the temple treasury. Many rich people threw in large amounts.
42 But a poor widow came and put in two very small copper coins, worth only a fraction of a penny.
43 Calling his disciples to him, Jesus said, "I tell you the truth, this poor widow has put more into the treasury than all the others.
44 They all gave out of their wealth; but she, out of her poverty, put in everything-- all she had to live on."
As much as I understand the necessity of patting people on their back for doing anything at all with their insanely huge wealth - to stop them turning away sneering at the 'ingratitude' of the world, I can think of a lot of "Good Samaritans" who better deserved Person of the Year
Bill Gates amassed a fortune through ruthless and merciless and eventually illegal practices.
For every illegal practice Bill's company has been accused of, there are at least a few practices that have helped bring computers and the internet to the masses. Not sure I would personally consider Bill Gates to be a good person, but you have to be a ruthless dictator in order to run a multi-national. When in Rome. Show me one CEO who can exist in *that* world, without holding true to the values of the Sith.
That said, much of Bill's contribution to the dark side of the force has sparked great strides for the light. Our enemies unite us, and there is no clearer enemy to Open Source than Bill Gates. Maybe he just wants us all working for free? Nah.
The dangers of knowledge trigger emotional distress in human beings.
Although they did give a large amount back, what percentage is this to what was taken in? There are a lot of people that don't make a lot of money and give a large percentage to charities. The total amount given is really not a measure of one's thoughtfulness, the percentage is really where it counts.
Not trolling, but asking out of genuine curiousity.
Isn't Linus Torvalds also a millionaire? Does anyone have any figures
about his charitable donations?
I really have to give Melinda Gates credit for influencing Bill to start that foundation because, from what I read, Bill didn't donate anything until after he married her.
No data, no cry
The same amount I've raised using illegal business practices.
Escher was the first MC and Giger invented the HR department.
good samaritan who made a difference n. Rich bastard in need of a tax break.
Standard Slashdot comment every time this topic comes up.
Hopefully, at sometime time, the morons will realize that
making charitable donations doesn't increase your money.
1) You have 100$. No charitable donations.
You pay say 30% tax on it - i.e. 30$.
You have 70$ left with you.
2) You have 100$. You give 20$ to charity.
Now you pay tax only on the remaining 80% i.e. 24$.
The money you have left = 100 -24 - 20 = 56$.
i.e You would have been left with more money if you
hadn't given charity & got the tax breaks.
The only diff to this scenario is when giving the
donation puts you in a lower tax bracket. However
I doubt it that's the case with Bill Gates - he should
far far above the highest tax bracket.
Time also named former Presidents George Bush and Bill Clinton as "Partners of the Year" for their humanitarian efforts after the Asian tsunami and Hurricane Katrina, and the unlikely friendship that developed from that work.
Unlikely friendship??? Someone hand me a hanky. Gotta love applauding Bush for Katrina. It ain't as ironic as giving Kissenger the Peace prize, but it's gettting there. And Bono??? Bono???
The guy may be well meaning and all, but by allowing politicians to exploit him, he essentially allows them to look good while they make the problems of Africa worse. Him and Bobby Geldof were complete tools at the last G8, allowing Blair to look like he wanted to help Africa, when all they did was continue the same IMF policies of handouts in exchange for selling off of resources to the west. And Bono does it over and over again.
Deconstruct the State
Professor Finds Fulfillment In Emptying His Pockets (might need to be registered) about a DC area community college mathematics professor who has a goal of donating $1million to charity before he retires, and he's already up to $770,000. Many years he's donated more than half of his annual income to charity.
I'm not sure I'd be smiling as much as Bill is if Bono were standing between me and my wife with such a smug look on his face.
-Pinkoir
It just goes to show that people are stupid and that the mass media are sycophants.
I am sick and tired of hearing what a great genius and philanthropists Bill Gates is.
Let us not forget that Bill Gates went to India in 2002 and gave $100 million to fight AIDS, which received great press. What the main-stream media failed to report was that $421 million of Microsoft's money at the time went to fight Linux and Free Software.
So make your own conclusions about his priorities.
Stick Men
In 1991, Bono's band U2 sued seminal independent label SST (home to, among others, Black Flag, Sonic Youth, Dinosaur Jr, Hüsker Dü, Soundgarden, ...) over a satirical record by a band on the label, Negativland. They claimed that Negativland was infringing on U2's IP by using samples and other stuff (e.g., the letter U and the numeral 2).
This nearly ruined SST over the costs of the suit alone, but by forcing SST to fight an expensive suit, while the music they had greatly contributed to for more than 10 years exploded into the mainstream, it greatly contributed to the eventual demise of the label, robbing the artists of an important channel.
Later U2 claimed to have not been greatly involved. "It wasn't us, just the label", paraphrased.
I'm sorry, but if you let your lawyer sue, I'll hold you responsible. And if you wanna preach to people about responsible behavior, I'll expect that you know what your agents do in your name.
I have one thing to say about Bono: hypocrite. I think this is a fitting "people of the year" panel: They all give to charity in the limelight, then turn around and fuck people over.
"When I first heard Daydream Nation it quite frankly scared the living shit out of me." -- Matthew Stearns
Stupidity is like nuclear power, it can be used for good or evil. And you don't want to get any on you.
... is a bus thief. Say what you want about Bill Gates, or Bono, or whichever "great man" that Time wants to honor this year, but I really can't let my bosom swell over a millionaire or a billionaire throwing out a little bit of their plentiful time and/or money here or there. Hell, if somebody has that much power and money, we shouldn't be "thanking" them for doing the right thing, it should be *expected* of them.
My person of the year is Jabbar Gibson, the 18 year old kid who saved 70 people from the aftermath of Katrina by stealing a bus and driving to Houston. Maybe that's because my definition of a hero is somebody that rises above even when the chips are down.
Tax rates are marginal anyway, so it wouldn't save you any additional money if you did switch brackets. Assuming that there's a tax bracket at $90, with everything below it taxed at 15%, and everything above it taxed at 30% as above. Repeating the same two scenarios that you used:
(1) $100 income, no charitable contribution. $90 @ 15% + $10 @ 30% = $13.50 + $3.00 = $16.50 of taxes. After-tax income: $83.50
(2) $100 income, $20 charitable contribution. $80 @ 15% = $12.00 of taxes. After-tax income: $68
So not only does money not magically appear from crossing marginal tax rate boundries, but your tax refund on the donation isn't even as large ($6 in the parent's example, but only $4.50 here), so while the $20 contribution only took $14 out of the parent's pocket at the end of the day, here the same contribution would cost us $15.50
"...or for ill." Get it?
Now in this case, Bill and Melinda Gates and Bono are being recognized for their efforts to make the world a better place.
-S
--- What parts of "shall make no law", "shall not be infringed", and "shall not be violated" don't you understand?
He arguably robbed from the rich and gave to the poor...
Stood up to the Man
and gave him what for!
The Man of the Year
that all Slashdot hates,
The hero of Redmond
the man they call Gates!
Bill Gates amassed a fortune through ruthless and merciless and eventually illegal practices. That he has chosen to give some back, and I tip my hat to him for that, anc for all the good he is now doing I liken to the mafia giving ill-gotten gains to charities and somehow being anointed for that.
Bill's corporation competed against other corporations, it harmed some of them, but that is how the market is supposed to work. That is in part how we have a darwinian process that determines supply and demand. MS' illegal practices were not obviously illegal at the time they were put into practice, the line is fuzzy and they were definitely treading in questionable territory but it was not a given that the government would see that it would warrant prosecution and it was not a given that a judge would rule against them. Comparing MS to the Mafia just destroys any credibility you may have, it exposes your politics / blind hatred. Linux destroys corporations, the traditional Unix vendrors. Apple can be even more heavy handed than MS. They merely don't get the bad press because they are not on top. Markets are like hamburgers, their creation is not a pretty picture.
Most mayors would not have shown the leadership that Giuliani did. See New Orleans, use the mayor or governer as examples. Not bad people, but simply not up to the task and not having the leadership skills needed to cope. You and I would probably not done much better.
Sorry, Katrina is in a whole other order of magnitude from 9/11. We're talking a few buildings knocked down vs. widespread destruction across an entire city and ensuing unlivability and anarchy.
Also, with 9/11, federal aid was instantaneous.
9/11 was a tragedy, but it has been so played-up to incite "patriotism" that many have lost perspective on what a true disaster is.
You should get a copy of Negativland's book "The Letter U and the Numeral 2". If you have one already, reread it.
The lawsuit is on page 4.
The plantiff is Island records, the defendants are SST and Negativland (Hosler, et al). Neither the band U2 nor the members are listed on the lawsuit.
Furthermore, the lawsuit is primarily about Negativland's use of the enormous letters "U2" on the cover of the EP. It does mention the lyrics and samples down lower. The songs were actually rereleased later (much later) with a non-infringing cover.
Additionally, if you continue to read the book or other info on the case, you realize the main problem isn't Island or U2. The main problem was that when the lawsuit rolled in SST immediately rolled over, stopped distribution of the EP, paid off Island and then BILLED BACK Negativland for the payoff (while simultaneously depriving them of income!).
If you continued to investigate, you'd find that Negativland was wrapped up on court for years over this. Not against Island, against SST. SST didn't rack up huge bills defending themselves against Island, they settled immediately. They did rack up huge bills fighting Negativland in a contractual dispute.
How about if you read page 32, where Chris Blackwell of Island Records says in a letter to Negativland "I have been getting a huge amount of hastle (sp) from the members of U2, not to press for payment."
Hosler could probably explain it better than I (he's perhaps even on here), but the main villain here is SST, not U2. Island probably comes in 2nd place.
Note that a later part of the book talks more about "audio collage" and sampling, etc. That's where the stuff on "No Copyright" is. And there are some good arguments here, in fact, so good that (IMHO) the recent Creative Commons stuff is a spiritual descendant of this work.
I like Negativland, I have all of their SST stuff and some of their Seeland stuff. But, I do know they are very subversive and not stupid. When the Tower records standup picture of the EP bin on page 3 of the book says "buy it before they get sued", I think it's probably that Negativland understood they would get C&D'd over this record and likely sued by Island too. What they didn't understand was that SST would roll over on them and leave them with the bill (illegally it turns out).
http://lkml.org/lkml/2005/8/20/95
I find it peculiar that these acts of "charity" tend to be timed to fight Linux and Open Source more than to fight disease. It's been the same pattern whether in Australia, India or many of the African nations: Gates gives $100m to fight HIV, $421m to fight Linux.
Another thing that makes it stink of PR is the focus on HIV/AIDS which, compared to other problems like heart problems, smoke from cooking fires, etc, is not a major health problem. However, it is a high profile item for US audiences.
Yet another problem is that the solutions offered by Chairman Bill and his foundation focus on expensive pharmaceutical treatments, often draining significant matching funding coming from the target region. Most health issues are solved more effectively and cheapy with preventative measures not corrective measures, especially expensive ones. Cheaper is better, but it just so happens he's also heavily invested in the same pharmas, so maybe, jsut maybe there is a bit of conflict of interest.
Read the interview Time had earlier with Chairman Gates. He seriously couldn't seem less interested in the health and social aspects of the charity. The definition I had previously heard for Good Samaritan involved an active interest in helping and helping in an altruistic manner, not with strings attached or with major conflicts of interest.
Beta is broken and the link to classic doesn't work. Stop wasting our time or there won't be anybody left here.