[Am-info] Newsweek Cover: Bill & Melinda Gates Charitable Foundation
Raphael Fleishman
raphaelf@cmgm.stanford.edu
Thu, 31 Jan 2002 14:23:08 -0800
Bill and his wife are on the cover of Newsweek with an announcement
of a $24 billion "donation" to impoverished nations.
That's money that Microsoft and Bill Gates collected by pillaging the
innovative, capitalistic spirit of the technology industry and using
monopoly power to overcharge consumers. To paint Bill Gates' transfer
of personal of wealth into a controlled foundation (a foundation that
he uses to sell his own losing stock holdings to and to leverage
personal investments with, as in the Cox Communication stock
ownership transfer several weeks ago) and representing it as a
philanthropic effort is to ignore that most of the money was
illegally obtained in the first place.
This is a clear signal of Bill Gates' willingness to stoop to new
lows to avoid paying the price for illegally squashing competition
and hurting US consumers.
I do not appreciate transparent attempts by the media - in this case
Newsweek, a subsidiary of MSN - to garner public sympathy by
presenting the leader of a criminal organization as a philanthropist.
References:
http://www.forbes.com/2002/01/25/0125gates.html (Cox Communications Investment)
http://www.msnbc.com/news/694130.asp (Newseek Article)
-Raphael Fleishman