Posted on 06/13/2014 6:22:51 PM PDT by topher
WASHINGTON, D.C., June 13, 2014 (LifeSiteNews.com) -- The claim by Melinda Gates, a Catholic, that the multi-billion dollar Bill and Melinda Gates Foundation does not fund abortion is "an outright deception," says Father Shenan J. Boquet, president of Human Life International.
Gates has made headlines in recent days after she wrote June 2 that the foundation "has decided not to fund abortion."
(Excerpt) Read more at lifesitenews.com ...
I would always question the judgement of Bill or Melinda Gates.
She is lying.
bill gates’ dad was a huge planned parenthood guy in the northwest area, washington state i believe.
Melinda Gates is Catholic, but does she practice her Catholic faith or she just a Cafeteria Catholic like Nancy Pelosi who picks and chooses her own beliefs that are not those of the Catholic Church.
Probably gave money to another foundation to fund abortion.
You think with the money Bill has that he could have married an attractive women. He must like her mind. What a nerd.
I seldon question the judgement of billionaires who give billions of dollars to charity....
who are you to make such an asinine judgement???
you married your wife only because she was cute...Bill married his wife because he loved her.....see the difference.....pathetic
Why is that?
Does their money make you lose your critical faculties?
nope...I am a realist and I don't have billions of dollars to donate to anyone...they state that they don't intentionally donate to pro-abortion causes......am I to question them.....get real!!!
Maybe Melinda Gates had a change of heart. That wouldn’t be such a bad thing, would it?
If the facts contradict their statement, then yes, you should question their veracity.
Many billionaires donate money to immoral causes, portraying their magnanimity as high-mindedness. George Soros is one example.
Their foundation is a tax dodge and it does not give billions to charity.
Gates puts about 20 billion into a charitable trust after selling stock. His cash contribution is non-taxable. If he took it personally he would pay 15% to 30% capital gains. So by putting it into a charitable trust he pays 0% tax. He then takes out a billion dollar life insurance policy on himself and family members that are important to the foundation. He then further takes out a near zero interest loan against his insurance policy. He uses the billion dollar loan as tax free money for anything he wants including private equity investments that yield huge risk free returns.
In sum, he’s not a philanthropist, he’s a tax dodger and why shouldn’t he be? The problem is not that the super wealthy have better tax options, it’s that the middle class and the upper middle class get hammered by taxes and have few options to save and grow their savings and investments. The FairTax would cure this iniquity in an inspired American sort of way.
The Gates Foundation is required by the IRS to distribute 3% of their endowment each year; 3% of 20 billion is 600 million which is substantial but not billions. But still it’s something. But most of the 600 million goes to global efforts outside the USA. Locals here in Seattle resent the fact that the Gates Foundation does nothing for locals and their children and sends grants to activities outside the USA. It’s as if the tax laws are written to benefit the super wealthy and cripple normal middle class and upper middle class Americans.
Inadequate punctuation, but the statement questioned Gates’ sincerity which is not exactly a judgment. Nevertheless, why is it asinine to raise a distinction between Pro-Choice CINOs and the Church?
I think as the relationship between abortion and race becomes clearer to more people, a lot of people pushing it are going to lower their profile.
if someone gives billions of dollars to charity, and they state that they are pro-life....why in hell would I ever question that???????if you can't match their charitible giving....SHHHHHHHHHHHHHYHHHH
>> they state that they are pro-life
I didn’t realize Bill and Melinda Gates were both Pro-Life, nor stated they were Pro-Life.
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