Earlier quoted context omitted.
It was a fallout of all the Jeffrey Epstein news.
What is the context there?
Epstein introduced Gates to a woman he allegedly had an affair with.
Melinda Gates Resigns from Bill and Melinda Gates Foundation
21–30 of 30 posts
Re: Melinda Gates Resigns from Bill and Melinda Gates Foundation
#22[deleted]
Re: Melinda Gates Resigns from Bill and Melinda Gates Foundation
#23Earlier quoted context omitted.
I've heard (in the worst kind of hearsay way) from people that are only distantly in the Microsoft/Non-profit circle that Melinda could be largely credited for getting Bill to take philanthropy seriously. If true, that in itself has done a lot of good for the world.
I'd believe it. Bill always struck me as being pretty anti-social and even sociopathic. Not that I know him or anything close to that.
You're just judging him based on the terrible things he did in the open. There may have been a time in private where he petted a kitten or something. We'll never know.
Re: Melinda Gates Resigns from Bill and Melinda Gates Foundation
#24Bill fucked up, hard.
Re: Melinda Gates Resigns from Bill and Melinda Gates Foundation
#25[flagged]
> Given the lack of taxes, Americans have effectively subsidized this charity. This is a common but bad take. Firstly, there are a lot of taxes still involved. The Gates foundation still pays salary tax and sales tax and property tax and etc. More importantly, had the funding remained parked in a savings account or stock portfolio without being realized, it would have been completely dead to the economy and untaxed.…
Don't people who argue that stock markets are good thing say that money in a stock portfolio is not 'dead to the economy'?
And don't banks lend money out based on the size of their customers' savings accounts?
Anything short of money being stuffed in his mattress keeps it active in the economy.
Re: Melinda Gates Resigns from Bill and Melinda Gates Foundation
#26Re: Melinda Gates Resigns from Bill and Melinda Gates Foundation
#27Re: Melinda Gates Resigns from Bill and Melinda Gates Foundation
#28Earlier quoted context omitted.
I'd believe it. Bill always struck me as being pretty anti-social and even sociopathic. Not that I know him or anything close to that.
You're just judging him based on the terrible things he did in the open. There may have been a time in private where he petted a kitten or something. We'll never know.
Yeah, that's a stretch.
Re: Melinda Gates Resigns from Bill and Melinda Gates Foundation
#29Earlier quoted context omitted.
> Given the lack of taxes, Americans have effectively subsidized this charity. This is a common but bad take. Firstly, there are a lot of taxes still involved. The Gates foundation still pays salary tax and sales tax and property tax and etc. More importantly, had the funding remained parked in a savings account or stock portfolio without being realized, it would have been completely dead to the economy and untaxed.…
Don't people who argue that stock markets are good thing say that money in a stock portfolio is not 'dead to the economy'? And don't banks lend money out based on the size of their customers' savings accounts? Anything short of money being stuffed in his mattress keeps it active in the economy.
If (litteraly) everyone parked all their money in Microsoft stock and spent nothing in the real economy the system would collapse. Economically we all stand on the shoulders of consumption.
Re: Melinda Gates Resigns from Bill and Melinda Gates Foundation
#30Earlier quoted context omitted.
Don't people who argue that stock markets are good thing say that money in a stock portfolio is not 'dead to the economy'? And don't banks lend money out based on the size of their customers' savings accounts? Anything short of money being stuffed in his mattress keeps it active in the economy.
If (litteraly) everyone parked all their money in Microsoft stock and spent nothing in the real economy the system would collapse. Economically we all stand on the shoulders of consumption.
That's because the money would be going to the wrong part of the economy.