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Bono's 'Humbling' Realizations About Aid, Capitalism And Nerds (Capitalism is Good)
Forbes ^ | 10/22/2012 | Parmy Olson

Posted on 10/30/2012 4:18:58 AM PDT by trueamerica

Bono has learned much about music over more than three decades with U2. But alongside that has been a lifelong lesson in campaigning — the activist for poverty reduction in Africa spoke frankly on Friday about how his views about philanthropy had now stretched to include an appreciation for capitalism.

The Irish singer and co-founder of ONE, a campaigning group that fights poverty and disease in Africa, said it had been “a humbling thing for me” to realize the importance of capitalism and entrepreneurialism in philanthropy, particularly as someone who “got into this as a righteous anger activist with all the cliches.”

“Job creators and innovators are just the key, and aid is just a bridge,” he told an audience of 200 leading technology entrepreneurs and investors at the F.ounders tech conference in Dublin. “We see it as startup money, investment in new countries. A humbling thing was to learn the role of commerce.”

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy
KEYWORDS: bono; capitalism
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1 posted on 10/30/2012 4:19:07 AM PDT by trueamerica
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To: trueamerica
“Job creators and innovators are just the key,

And to think that I didn't even have stay in a Holiday Inn Express last night to know that......

2 posted on 10/30/2012 4:23:59 AM PDT by Hot Tabasco (Jab her with a harpoon.....)
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To: trueamerica

Good for him. Better late than never. Obama STILL hasn’t gotten it.


3 posted on 10/30/2012 4:24:44 AM PDT by LS ("Castles Made of Sand, Fall in the Sea . . . Eventually (Hendrix))
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks trueamerica. Without profits, there are no non-profits.


4 posted on 10/30/2012 4:31:33 AM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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To: trueamerica

This is the tax dodger, right?


5 posted on 10/30/2012 4:32:12 AM PDT by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: LS

If he means it, and isn’t just smelling the things to come.


6 posted on 10/30/2012 4:32:28 AM PDT by Hardraade (http://junipersec.wordpress.com (I will fear no muslim))
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To: trueamerica

And another lightbulb goes on... Welcome back to reality. I wonder if that means his style of music will change? For their first several albums U2 was my favorite band. But right around “The Joshua Tree” they started to get weird, and I stopped following them closely...


7 posted on 10/30/2012 4:33:29 AM PDT by ThunderSleeps (Stop obama now! Stop the hussein - insane agenda!)
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To: trueamerica

30 of rehabilitation and he’s just seeing the light. Better late than never, hippie!


8 posted on 10/30/2012 4:34:15 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: trueamerica

This sanctimonious, pompus ass finally realizes capitalism is a good thing? After 30+ yrs in the music BUSINESS? Either he’s naive or full of **** and I don’t think he’s naive simply because of what it takes to make it in the music biz.


9 posted on 10/30/2012 4:39:05 AM PDT by Impala64ssa (You call me an islamophobe like it's a bad thing.)
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To: LS
Yes, good for him, now let's hear some music by Bono the Celebrates Capitalism and a pro Capitalism musical tour. Time to undue all the ill wind he brought on capitalism in the first place.
10 posted on 10/30/2012 4:40:33 AM PDT by 2001convSVT (Going Galt as fast as I can.)
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To: trueamerica

Now if these people will see that the money actually goes to the betterment of the people; not some dictator. Much like our government has not done.


11 posted on 10/30/2012 4:40:51 AM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: SunkenCiv

Without profits, there are no non-profits.


And to be REALLY CLEAR, “non-profit” is a tax term.

It has nothing to do with morality. A lot of people go broke in “profits” and a lot of people get rich working for “non-profits”.


12 posted on 10/30/2012 4:46:24 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: trueamerica

How about corruption? That bloke could really stir some pots if he wanted to do some hard and boring work.


13 posted on 10/30/2012 4:47:50 AM PDT by Thebaddog (Remember, Obama said he's only 60% done with his agenda.)
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To: trueamerica

Good to see. He has acknowledged Christ so it was only a matter of time.


14 posted on 10/30/2012 4:48:28 AM PDT by vanilla swirl (searching for something meaningful to say)
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To: trueamerica

Amazing what a kick of reality will do.

Of course, those who advocate ‘sharing the wealth’ mean sharing YOUR wealth, not theirs.


15 posted on 10/30/2012 4:50:22 AM PDT by TomGuy
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To: Impala64ssa

Give Bono a break. He’s been doing good things throughout his career and has helped a lot of people even though he was misguided. Imagine how much more good he can do now that he has seen the light.


16 posted on 10/30/2012 4:52:36 AM PDT by Josephat
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To: trueamerica

I am happy that Bono is now wiser, but will he repay all the donors who he talked into financing his foolish projects?

One of the benefits of being a liberal is that you never have to pay for your mistakes, nor for all the snarky names you called people who knew better while you were on your crusade to bring the secular utopia.


17 posted on 10/30/2012 4:53:50 AM PDT by theBuckwheat
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To: theBuckwheat

Looks like Bono is finally having is John Lennin moment.

My favorite quote from Lennin:

“America has poured billions into places like that. It doesn’t mean a damn thing. After they’ve eaten that meal, then what? It lasts for only a day. After the $200 million is gone, then what? It goes round and round in circles.”


18 posted on 10/30/2012 4:56:17 AM PDT by drunknsage
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To: trueamerica

Wow, a liberal who actually admits when he’s wrong!

And I remember him defending Bush a few years back too.

I have loved U2 since the early 80’s, now I respect the man in front of the band.


19 posted on 10/30/2012 4:56:31 AM PDT by autumnraine (America how long will you be so deaf and dumb to the tumbril wheels carrying you to the guillotine?)
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To: trueamerica

Look, at least Bono was/is actively trying to help, and nice of him to admit his learning was a humbling thing.

Unlike Springstein or Streissand et al. (I don’t care about the spelling, ok?), these suckers depended on capitalism for their success, but never learn anything.

I have yet to see either one physically trying to DO GOOD in Africa or anywhere else.


20 posted on 10/30/2012 4:57:24 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: trueamerica

As Bruce Willis said in Die Hard, “Welcome to the party, pal.”

Maybe Mr. Bono finally got tired of giving away his wealth to those who only demanded more and more?

In any event, as a small businessman and entrepreneur, I will be happy to accept your apology after the years of verbal abuse and guilt trips you’ve laid on those who create wealth.

Oh, and by the way, I quit buying your music when you started to indulge in your feel-good, indulgent, immature, righteous anger. As Michael Jordan once observed, “Even republicans buy shoes.”


21 posted on 10/30/2012 4:57:52 AM PDT by Tigerized ("..and whack 'em, and whack 'em, and whack 'em!' cried the Toad in ecstasy." (also my 2012 strategy))
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To: drunknsage

LOL its still early. I meant John Lennon. As in The Beatles, John Lennon.

Imagine all the people.... Getting jobs and feeding themselves =)


22 posted on 10/30/2012 4:58:02 AM PDT by drunknsage
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To: Josephat

Bono has always walked the walk. His efforts to help the poor is more than all other Limousine Liberals combined. I don’t always agree with Bono, but I respect the hell out of him.


23 posted on 10/30/2012 4:58:13 AM PDT by MeanGreen2008
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To: ThunderSleeps
"For their first several albums U2 was my favorite band. But right around “The Joshua Tree” they started to get weird, and I stopped following them closely..."

Same here. I think he's a;so been spending some time with his accountants watching them writings checks to all his lackeys and hangers-on.
..........dumbshit.

24 posted on 10/30/2012 5:02:57 AM PDT by Tainan (Cogito, ergo conservatus sum -- "The Taliban is inside the building")
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To: MeanGreen2008

Remember, though, he doesn’t _hold_ the record, he _is_ the record.


25 posted on 10/30/2012 5:03:16 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: SunkenCiv

I had a liberal boss, totally incompetent manager when it comes to managing people. Had to fire her entire team. Often pushing her liberal views. Turned on me when she found out I hunt.

Talking one day about family she bit her lip when talking about her husband, “He works for a non-profit,” as though that made him a saint.

“Yes but, HE works for a profit, right? And where does that non-profit get its funding? From the government, who confiscates it from citizens who make a profit through taxes and through charitable contributions, again, from citizens and companies that have enough profit to spare.”


26 posted on 10/30/2012 5:06:25 AM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: Josephat

“He’s been doing good things throughout his career and has helped a lot of people even though he was misguided. “

If he was doing this with his own money, then that is to his credit. However a lot of that money came from the US taxpayers thanks to Bush 43. And in truth, not a single one of these projects was so important to the safety of the American people that we should borrow the money that we gave away but we did anyway.


27 posted on 10/30/2012 5:10:45 AM PDT by theBuckwheat
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To: trueamerica

I like his music and appreciated his charitable efforts.

His leftward lean always annoyed me.

Kudos to him for publicly acknowledging this true “progression” and intellectual “evolution.”

Many liberals know what he has stated to be true (evidenced by their own personal capitalistic efforts to earn and maintain personal profits) but never acknowledge it publicly because it runs counter to the youthful, uninformed opinions they shouted when they were still under the influence of their proud indoctrination.


28 posted on 10/30/2012 5:12:20 AM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: trueamerica

Better late then never.


29 posted on 10/30/2012 5:16:19 AM PDT by Gay State Conservative (Ambassador Stevens Is Dead And The Chevy Volt Is Alive)
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To: trueamerica

****
Bono has also had realizations about how useful the Internet can be for transparency. “The strongest and loudest voice with moral punch on the continent at the moment is a nerd,” Bono said, pointing to the tech company founders in the audience, many of whom were programmers. “He’s a tech innovator.
****

I wish he had just come out and said plainly:
“The state-media industrial complex is colluding with governments to keep the people in the dark about what is really happening in the world. Even politicians who promise “transparency” work with the media to cover up their failures and collusion. THE INTERNET AND TALK RADIO ARE FAST BECOMING THE ONLY TRUE “REPORTING” SYSTEMS THAT THE PEOPLE HAVE. AND WE NEED TO PROTECT THEM.”


30 posted on 10/30/2012 5:16:32 AM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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all the capitlalism as a bridge, all the philanthropy as a bridge, mean nothing unless there is a freedom and liberty equipped folks on the receiving end, of course, if they truly had freedom and liberty, they wouldnt be needing philanthropy on this grand of a scale year in and year out.


31 posted on 10/30/2012 5:16:39 AM PDT by raygunfan
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To: trueamerica

As liberalism is about to suffer armageddon, another braindead moonbeam-chaser has a deathbed epiphany. Sorry, Bonano, I’m not buying it. The next time the zombie of liberalism rises from its crypt, he’ll be right beside it badmouthing capitalism like an OWSer.

Too little too late. Go back to Africa and build some more mud huts, jerk. You’re not fooling anyone.


32 posted on 10/30/2012 5:19:23 AM PDT by IronJack (=)
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To: Hot Tabasco
OMG! the 2x4 of reality has done finally whacked ol' Bono upside the head. Better late than never, boyo.

CC

33 posted on 10/30/2012 5:19:30 AM PDT by Celtic Conservative (Q: how did you find America? A: turn left at Greenland)
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To: Josephat

Bono is a buddy of Bubba isn’t he? As in Clinton.


34 posted on 10/30/2012 5:26:41 AM PDT by billhilly
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To: Josephat

Bono is a buddy of Bubba isn’t he? As in Clinton.


35 posted on 10/30/2012 5:27:54 AM PDT by billhilly
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To: Impala64ssa
...realizes capitalism is a good thing? After 30+ yrs in the music BUSINESS?

Luckily for Bono, his business wasn't in making a product with moving mechanical parts.

You can coast a long time on the profits of a few platinum albums - even with the "lemons" thrown in ...

36 posted on 10/30/2012 5:28:29 AM PDT by jonno (Having an opinion is not the same as having the answer...)
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To: trueamerica

Yeah he says that at a tech conference in Dublin, but... I wonder if he would talk the same way if he were here talking to the government controlled left wing worthless press?


37 posted on 10/30/2012 5:35:01 AM PDT by Mier (Liberalism always generates the exact opposite of its stated intent!! "Jim Quinn")
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To: trueamerica

I saw U2 in l985 and was more impressed with the opener, Lone Justice. I grew weary of Bono lecturing about global warming while he jetted around the world singing songs. If he does do good with his wealth, good for him. Hopefully he has seen the light.


38 posted on 10/30/2012 5:37:49 AM PDT by Freestate316 (Know what you believe and why you believe it.)
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To: trueamerica

His heart was in the right place and by report his soul is in the right place. My guess is that his mind his been filled with false knowledge, I’m sure it takes a while to unlearn what you have been told your entire life.

Good for him!


39 posted on 10/30/2012 5:39:57 AM PDT by dangerdoc (see post #6)
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To: billhilly

If you read the article, it seems he associates himself with all kinds of high profile people in an effort to help those with no profile.


40 posted on 10/30/2012 5:53:57 AM PDT by Josephat
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To: drunknsage

#18

I know what you mean. If a modern Liberal is smart enough and truly honest with himself he will eventually come to realize that his long favored ideology will never actually solve anything. It may take 10, 20, even 30+ years for this to dawn on him but when it happens it is a sign that you are dealing with someone who is willing to try anything to help people. Even if it means admitting he was wrong for the last few decades. Seems that this was happening to Lennon. Maybe it’s happening to Bono now. Anyway, if true, good for him.

Of course, then you have the other kind of Liberal. This liberal/progressive believes in Liberalism as fervently as the evangelical Baptist believes in Christ. He will never lose faith in it. Nothing will ever change his mind, not even dead bodies in the street. He will perform whatever mental gymnastics are necessary maintain his faith. He HAS to because Liberalism IS his true religion no matter what else he may call himself.


41 posted on 10/30/2012 6:03:30 AM PDT by servo1969
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To: trueamerica

“Shut up and sing.”


42 posted on 10/30/2012 6:04:29 AM PDT by onedoug
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To: billhilly
Bono is a buddy of Bubba isn’t he? As in Clinton.

My wife is a huge fan of his and he is not a buddy of Bill's. He actually spends a great deal of time with George Bush. They formed a friendship that has lasted. He also works with Former TN Senator Bill Frist who is a doctor who dedicates his time and services in impoverished countries.


43 posted on 10/30/2012 6:09:55 AM PDT by j_k_l
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To: trueamerica

bkmk


44 posted on 10/30/2012 6:10:46 AM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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What percentage of money donated to Bono’s charity actually goes to the needy? In 2010 it was reported to be 1.2%. Like every other globalist, the smiley face always attempts to hide a sinister agenda. This guy is a fraud.


45 posted on 10/30/2012 6:11:10 AM PDT by Hayride
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To: Josephat

In Bono’s case, he means well. He just gets caught up in the whole “let’s help the world” crap that turns into “let’s give the alcoholic some money and hope he buys food with it”. We are pouring money into these countries and they are getting worse, not better. You are paying them to act badly while pretending you are buying food for the starving babies. The babies are still starving and the president of Ublechistan has a new Rolls Royce.

Stop paying countries to starve babies. It’s just stupid.


46 posted on 10/30/2012 6:17:12 AM PDT by AppyPappy (If you really want to annoy someone, point out something obvious that they are trying hard to ignore)
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To: Straight Vermonter

When his mother came to wake him up for school in the morning she said...”Get up Boner, Get up!”


47 posted on 10/30/2012 6:25:57 AM PDT by gr8eman (Ron Swanson for President!)
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To: 2001convSVT

I agree. I’d like to see a U2 variant of God Bless the USA.


48 posted on 10/30/2012 6:29:13 AM PDT by LS ("Castles Made of Sand, Fall in the Sea . . . Eventually (Hendrix))
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To: trueamerica

Look at where the West was in 1800 before the Capitalist Revolution really kicked in. Then look at where it was in 1950. Look at how Europe rebuilt itself after World War II. Look at how the Asian countries pulled themselves into modern times. Nothing in the history of humanity has brought more wealth to more people and pulled more people out of poverty than Capitalism. It is God’s gift to us.


49 posted on 10/30/2012 6:33:05 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Straight Vermonter

Yeah. But I think he knows that governments are not responsive and responsible, flexible, innovative builders of society from the ground up. Private agencies (profit and nonprofit) are. I don’t blame him a bit for wanting to keep his $$ out of govt. hands. I want the same.


50 posted on 10/30/2012 6:48:31 AM PDT by Mrs. Don-o ("If you think healthcare is expensive now, you should see what costs when it's free." P.J. O'Rourke)
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