Skip to comments.Melinda Gates pledges $500 mn more for world's poor( To Help The World's Poor Save More Money)
Posted on 11/18/2010 2:49:48 PM PST by Captain Peter Blood
Thu, Nov 18 08:43 PM Washington, Nov 18 (IANS) Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, Thursday pledged another $500 million for the world's poor as she hailed a historic moment that will help bring financial services, particularly savings accounts, to hundreds of millions of people living on less than $2 a day.
Speaking at the foundation-hosted Global Savings Forum in Seattle, the first global gathering focused on the role of savings in the developing world, Gates urged leaders in government, banking, mobile communications, and international development to work together to build a new kind of financial infrastructure to bring savings to the poor.
(Excerpt) Read more at in.news.yahoo.com ...
B&M Gates are as leftist as they come. It is not called “MSNBC” for nothing, the MS stands for Microsoft.
BTW I watched Captain Blood again about 3 weeks ago. What a great movie and Flynn is my all time favorite leading man. That guy was a great actor, too bad he drank himself to death.
I gotta commend Melinda for her great generosity in giving away her husband’s money. By the way, if you’d be willing to slip me 50 bucks I’d gladly give it away to charity. Now that I think about it, make that 100 bucks ya stingy tightwad!
what a waste of good money.
If money was all it took to fix the poors problems... their wouldn’t be any poor people in America, because the government alone has spent trillions trying to help them, and it hasn’t helped one bit, and might even have made things worse.
did they do this to avoid 2011 tax rate increases? how dare they. sarc/
Jeez. Give them a break.
I don’t agree with their Planned Parenthood types of giving. But here they are giving their own money to the poor. They are not lobbying Congress to raise our taxes to do it.
This is capitalism at its finest.
Helping the poor is a good thing. Ever heard of Jesus?
It is a great movie...and Flynn is one of my all time favorites also. So good looking and charismatic. Loved him in Robin Hood also.
“Captain Blodd” is also one of favorites and never miss a chance to watch it. They could not make this film again, just don’t have the actors.
$500 million would buy a lot of cell phones, which has been shown to help third world people more than anything.
BINGO!! Their Foundatiosn are TAX FREE SLUSH FUNDS!!! PERIOD! SKANKS.
Well the old saying comes into play here, “Charity Begins at Home” and this old home, where the money was made, needs a lot of help. Lot of folks need help right now especially at Holiday time. That $500 Million would really help.
But you see this money os part of an agenda ad ego trip to try and save the world. Keep the money at home and help here.
Agreed. To paraphrase Col. Jessup: “ I have neither the time nor the inclination to explain myself to someone who benefits from the economic stimulus that MSFT has provided over the years, and then questions the manner in which I provide it. I would rather you just said thank you, and went on your way, Otherwise, I suggest you pull out your own wallet, and make your own damn donation.”
BINGO!! Their Foundatiosn are TAX FREE SLUSH FUNDS!!! PERIOD! SKANKS.
Billionaires on vacation: http://www.forbes.com/2002/09/19/0919feat_print.html
We have astronomical unemployment and underemployment in this nation, people losing their homes left and right, and all this dim-wit can think of to make herself feel better and look ever so much more caring, is send hundreds of millions of dollars outside our nation.
“Don’t touch me you unclean Americans. Only the foreign are deserving of my help.”
What a vapid nincompoop.
Whatever she does, I sure hope she follows the advice of marxists around the world and depletes as much wealth as she can without benefiting the U. S. on any level. /s
This level of ignorance and the resulting action is a U. S. tragedy. I’m sure it will be repeated.
The Gates just want to waste more money on exporting abortion and population control to the world’s poor through Planned Parenthood Intl.
The other stuff is a fig leaf.
yeah! Let’s abolish private charity because some freepers don’t agree with where the money is going.
If you have $500 million of YOUR money to give away, you can spend it on anything you want.
“$500 million would buy a lot of cell phones, which has been shown to help third world people more than anything.”
OK so you should create a successful company, make $500 million and you can buy as many cell phones as you want.
Well, Melinda made her money the old fashioned way...by marriage.
If I was like you I could go to the FR page “posts by newsjunky” and make a pretty interesting splice of your statements.
I could probably make you sound like Michael Moore.
Hmm, somehow I think giving money to fund abortion isn’t exactly ‘charity’.
I never said abolish private foundations or charity, I only question the priorities and hypocrisy of people like Gates.
But this is to help the poor save money so that they can bring themselves out of that situation instead of just spend&debt. Other charities just give them a ‘check’ or some food and they will continue to do so forever.
Or in other words, most charities give them a fish but this will help them so that they can catch their own fish.
I’m sorry, but I don’t trust Melinda Gates, and especially not their foundation which is one of the worldwide largest abortion foundations.
Just give it to the US Treasury. That is what Bill and His Dad want the little people to do.
“Im sorry, but I dont trust Melinda Gates, and especially not their foundation which is one of the worldwide largest abortion foundations.”
OK I understand that. But the idea itself is sound. It makes more sense than the liberal/Bush policy of encouraging debt and consumption.
The sad part is that that the Gates are Liberal Free Trader Globalists. So much of their recent wealth is gained by shipping jobs out of America to other countries.
Instead of giving it to charities that will spend more on overhead than they spend on the actual poor....it would be better if they re-invested that money into creating jobs in America.
"JUST BECAUSE A PERSON MAKES, OR HAS A LOT OF MONEY, DOESN'T MEAN THEY KNOW ANYTHING"
It would be fascinating, however, if she had done so quietly, without banging her drum loudly, and see if the rest of the world notices one iota of difference among the world's poor.
Almost all so-called charities are money-laundering schemes to evade taxes. The way it works is to send money to other "non-profit" groups and friends to run "awareness campaigns." Money is raised from gullible people and matched by several government grants. That then disappears into "awareness campaigns" that raise awareness about poor people in Africa.
An example of a fraudulent fundraising was the hundreds of millions of dollars raised by Red Cross in the name of the victims of the earthquake in Haiti. Only a small fraction was allotted to the Haitians and even that was in the form of some cheap stuff and not money. The money for the cheap goods like tents is usually given to cronies who get the contracts. Most of the money disappears into "awareness campaigns" and those who run the charities blame the politicians in countries like Haiti.
This tax-deductable donation to foreign lands is subsidised by the American taxpayer. It’s time these liberal a..holes did something for America such as repatriate and pay taxes on the money the have stored overseas.