Gates is over-the-hill. He's made his pile and is just playing with it
The one to watch is Elon Musk.
https://en.wikipedia.org/wiki/Elon_Musk
Gerry
On 1/27/14 5:06 PM, clay wrote:
BG has an agenda he is promoting. Bill is not in it for altruistic
purposes. If you look at what his foundation supports, there is a
rather dystopian pogrom in place. Bill has a penchant to put his
cash into getting more money coming his way. support education that
sells more M$ licenses and hardware. Healthcare issues that will
enrich his research into malaria drugs and other biotech. He has
crowd sourced his R&D into what next will enrich him.
clay
On Jan 27, 2014, at 10:14 AM, Rich Thomas wrote:
Most of the idiots with lots of money "horde it" by investing it in
companies (stocks and bonds and such) and buy stuff, but there is a
limit to how much stuff you can buy so the rest has to go somewhere
that will (they hope) help them make more money (just like your 401K
plan!). The investments keep things going and raise the tide, mostly.
Interesting you mention Bill Gates. He has put a lot of his fortune
into his philanthropic foundation (and I think plans for all of it
to go there when he dies). He also promotes other rich folks doing
something similar, either to his foundation or to their own to do
"good" things. The interesting aspect of that to me is that a lot
of people (including many of the rich fools) rant about raising
taxes on the rich, but then instead of giving their fortunes to the
gummint to work wonders decide they can do better than the gummint.
And those who think their taxes should be higher think it is great
they are putting their money into foundations and bypassing the
gummint. Something of a disconnect, no?
--R
On 1/27/14 12:47 PM, Curt Raymond wrote:
I don't think trickle down works the way the Reagan economists
espouse. I do believe that a rising tide lifts all boats but what
good does that money do when some idiot just hordes it? After all
you get to a point eventually where you can't spend it all and
where some fool is just getting rich for the sake of getting rich.
Bill Gates is doing great work, there are others as well but many
more just aren't. They'll pass off a big fortune to an idiot kid
who will blow it...
_______________________________________
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To Unsubscribe or change delivery options go to:
http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
_______________________________________
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To Unsubscribe or change delivery options go to:
http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
_______________________________________
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To Unsubscribe or change delivery options go to:
http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
_______________________________________
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To Unsubscribe or change delivery options go to:
http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
