Bill Gates Gives $750M To AIDS Fund
redletterdave writes "Microsoft chairman and philanthropist Bill Gates pledged $750 million to the troubled global AIDS fund on Thursday and urged governments to continue their support to save lives. Since the fund was launched 10 years ago, the Bill & Melinda Gates Foundation has given $1.4 billion to the charity, having already contributed $650 million prior to the latest donation. The Global Fund to Fight AIDS, Tuberculosis and Malaria accounts for around a quarter of international financing to fight HIV and AIDS, as well as the majority of funds to fight TB and malaria."
Even the general Slashdot feeling towards Microsoft, it is true that his (and Melinda's) work is great. Let's hope he keeps it up!
steve jobs doesn't donate to charity, dies of cancer
...this still doesn't make up for IE6.
There's no -1 for "I don't get it."
Unless you're raped, or your spouse cheats, or you live in a part of the world where people of your gender don't have much control over that and other aspects of their life.
Where very unlucky is a great part of Africa's population and other countries?
Some people are born with aids.
In all fairness, and despite this being wildly off topic, Jobs died of cancer because he refused treatment.
Bio questions? Ask me to start a Q&A journal. Computer analogies available for most topics!
It may be easy to avoid in first world countries, but that's not always the case in third world countries. Lack of sanitary conditions in medical facilities, and lack of education can be major contributing factors. But what about transfer of HIV from mother to infant at birth? What about rape? What about a complete lack of publicly available HIV tests, so it's not known who is infected and who isn't?
Bill Gates could literally cure cancer, eradicate AIDS and make Malaria piss itself and people would still be giving him grief about Windows, IE6 or ripping off Apple.
I think you miss the benefit of the "tax shelter" if the money you wish to "shelter" doesn't belong to you anymore.
THL phish sticks
Buying stock does not cause ANY money to be put 'in the companies coffers', unless it is newly issued stock (which is rare). Whoever owned the stock before you has the money. You, in turn, have an asset that will hopefully earn you more than you paid for it, over time. That worth could be realized as income from dividends or from sale of the stock at a higher price than you paid.
Germany buying stock in a German company in no way helps the company, so what is the point of doing it?
Why do other countries contribute to the foundation? Because they trust that the money will be managed and spent wisely. Could they do the same things themselves? Of course - but what makes you think they would do any better managing or spending the money?
Do they NEED to invest the money? Of course not - they could keep it in the proverbial vault and dole it out to orgs as needed. However, that would GUARANTEE that the money will eventually run out. With well-managed money you can theoretically continue handing out money forever.
Admittedly it's not completely clear-cut, but he didn't exactly do as much as he could have. Observe:
Despite his diagnosis, Jobs resisted his doctors' recommendations for mainstream medical intervention for nine months,[103] instead consuming a special alternative medicine diet in an attempt to thwart the disease. According to Harvard researcher Dr. Ramzi Amir, his choice of alternative treatment "led to an unnecessarily early death".[136] According to Jobs's biographer, Walter Isaacson, "for nine months he refused to undergo surgery for his pancreatic cancer – a decision he later regretted as his health declined."[139] "Instead, he tried a vegan diet, acupuncture, herbal remedies and other treatments he found online, and even consulted a psychic. He also was influenced by a doctor who ran a clinic that advised juice fasts, bowel cleansings and other unproven approaches, before finally having surgery in July 2004."[140] He eventually underwent a pancreaticoduodenectomy (or "Whipple procedure") in July 2004, that appeared to successfully remove the tumor.[141][142][143] Jobs apparently did not receive chemotherapy or radiation therapy.[137][144] During Jobs's absence, Tim Cook, head of worldwide sales and operations at Apple, ran the company.[137]
So sayeth Wikipedia. The "flying to mysterious locations for exotic treatments" part did not work out so well.
Bio questions? Ask me to start a Q&A journal. Computer analogies available for most topics!
And how much did you give to charity, exactly? The Gates foundation is extremely focused on making sure the money it spends produces real results in helping people. If you did give money to charity, did you do the same? Do you think a child receiving a malaria vaccination gives half a shit where it was made? Have you ever done anything worthwhile in your entire life?
Socialism: a lie told by totalitarians and believed by fools.
The Gates Foundation is about making a real and immediate difference in people's lives - giving existing cures to existing people, not research scams. As a result it has likely saved more lives than any other charity effort in history. But feel free to start your own charity foundation if you'd like to do things differently.
Socialism: a lie told by totalitarians and believed by fools.