Bonum Certa Men Certa

Bill Gates is Profiting By Diverting Public Money to His Own Pocket and Reducing Wages

Bill Gates
Credit: Scott Olson/Getty Images, via the Financial Post



Summary: Gates' lobbying for companies he is an investor of and for lower salaries inside companies he is investing in (and managing) comes as no surprise

BILL GATES is not a dumb person. He sure knows how to turn public money into his own, usually by playing political games. We covered many examples over the years. He invests his money in companies to which he later funnels taxpayers' money. It's an old trick. Just use euphemisms like "charity", pay people to say so, and if the majority of people are lazy enough to accept such statements, then opposition is paralyzed. The Rockefeller family did this well before the Gates family. Gates spends so much money bribing media outlets, 'sponsoring' people in positions of power, stuffing panels, etc. that it's hard to stop him. Some people are afraid to even try because they so often get labeled "jealous". Sometimes they get stopped by editors and/or publishers who are simply paid by Gates (self-censorship and praise in exchange for future 'contributions'), so voices explaining Gates' deeds are generally suppressed.



Recently, as the corporate/business media serves to show (actually an advocate of the fossil fuel industry), people dare to criticise Gates' practices. Here is one example:

Peter Foster: Bill Gates’ energy views are a turn-off



There are signs that Bill Gates — multi-billionaire do-gooder, Giving Pledge arm twister, and “leverager” of your tax dollars — is at last catching on to the nature and benefits of capitalism, although he still has some way to go.

[...]

As for Mr. Gates, it might seem strange that one of the world’s most successful capitalists might not comprehend the system that enabled him to become so fabulously rich, but it’s not unusual at all. You don’t need to grasp the Invisible Hand to thrive under its guidance any more than you need to read Gray’s Anatomy to stay alive. Also, successful entrepreneurs almost invariably have a sense of personal exceptionalism that encourages them to see themselves as different from their competitors (whom they regard as grubby and greedy). Finally, businessmen often imagine that the economy is like a gigantic business, thus what it needs is a strategic master plan.


This should mention how Gates profits from all this 'energy' lobbying. He is poised to make billions of dollars (public money or African debt) if his plan succeeds. When it comes to GMO, this has already succeeded. It has not much to do with ethics and philanthropy; it's opportunism. Gates has already bribed some of Africa's biggest media outlets (we gave examples), so a lot of Africans might not comprehend what's happening here. Thankfully, some do break through the screen of propaganda, but they're not in the majority.

Other corporate media Web sites, not some random blogs with some rants, have slammed Gates' over his fantasy of cheaper labour and devaluation of technologists (Gates himself is not a technologist but a pseudo-technologist who studied law and did not even graduate). To quote USA Today:

Bill Gates' tech worker fantasy



Business executives and politicians endlessly complain that there is a "shortage" of qualified Americans and that the U.S. must admit more high-skilled guest workers to fill jobs in STEM fields: science, technology, engineering and math. This claim is echoed by everyone from President Obama and Rupert Murdoch to Mark Zuckerberg and Bill Gates.


This relates to lobbying that we alluded to earlier this month (the New York Times did the usual lobbying for its Uncle Bill):

Three of America's richest men are fed up with gridlock in Congress and are urging lawmakers to get moving on an immigration bill.

Warren Buffett, Bill Gates and Sheldon Adelson wrote in a New York Timesop-ed column that it s time for the House to pass a bill that reflects both our country s humanity and its self-interest for the good of U.S. economy.


Perhaps more people need to realise that the pseudo-technologist and his super-affluent buddies merely pursue more profit for themselves in a highly abusive and systemic way.

Recent Techrights' Posts

Free Software Community/Volunteers Aren't Circus Animals of GAFAM, IBM, Canonical and So On...
Playing with people's lives for capital gain or "entertainment" isn't acceptable
 
Running This Site Mostly a Joyful Activity
The real problem or the thing that we need to cancel is this "Cancel Culture"
Australia Has Finally Joined the "4% Club" (ChromeOS+GNU/Linux)
statCounter stats
Debian as a Hazardous Workplace Where No Accountability Exists (Nor Salaries)
systematic exploitation of skilled developers by free 'riders' (or freeloaders) like Google, IBM, and Microsoft
Clownflare Isn't Free and Its CEO Openly Boasted They'd Start Charging Everyone to Offset the Considerable Losses (It's a Trap, It's Just Bait)
Clownflare has collapsed
Apple Delivered Very Disappointing Results, Said It Would Buy Its Own Shares (Nobody Will Check This), Company's Debt Now Exceeds Its Monetary Assets
US debt is now 99.98 trillion dollars
FSFE Still Boasts About Working Underage People for No Pay
without even paying them
IRC Proceedings: Saturday, May 04, 2024
IRC logs for Saturday, May 04, 2024
Over at Tux Machines...
GNU/Linux news for the past day
The Persecution of Richard Stallman
WebM version of a new video
Molly de Blanc has been terminated, Magdalen Berns' knockout punch and the Wizard of Oz
Reprinted with permission from disguised.work
[Meme] IBM's Idea of Sharing (to IBM)
the so-called founder of IBM worshiped and saluted Adolf Hitler himself
Neil McGovern & Debian: GNOME and Mollygate
Reprinted with permission from disguised.work
[Meme] People Who Don't Write Code Demanding the Removal of Those Who Do
She has blue hair and she sleeps with the Debian Project Leader
Jaminy Prabaharan & Debian: the GSoC admin who failed GSoC
Reprinted with permission from disguised.work
Jonathan Carter, Matthew Miller & Debian, Fedora: Community, Cult, Fraud
Reprinted with permission from disguised.work
Techrights This May
We strive to keep it lean and fast
Links 04/05/2024: Attacks on Workers and the Press
Links for the day
Gemini Links 04/05/2024: Abstractions in Development Considered Harmful
Links for the day
Links 04/05/2024: Tesla a "Tech-Bubble", YouTube Ads When Pausing
Links for the day
[Meme] The Cancer Culture
Mission accomplished?
Germany Transitioning to GNU/Linux
Why aren't more German federal states following the footsteps of Schleswig-Holstein?
IRC Proceedings: Friday, May 03, 2024
IRC logs for Friday, May 03, 2024
Over at Tux Machines...
GNU/Linux news for the past day
Alexander Wirt, Bucha executions & Debian political prisoners
Reprinted with permission from disguised.work
Links 03/05/2024: Clownflare Collapses and China Deploys Homegrown Aircraft Carrier
Links for the day
IBM's Decision to Acquire HashiCorp is Bad News for Red Hat
IBM acquired functionality that it had already acquired before
Apparently Mass Layoffs at Microsoft Again (Late Friday), Meaning Mass Layoffs Every Month This Year Including May
not familiar with the source site though
Gemini Links 03/05/2024: Diaspora Still Alive and Fight Against Fake News
Links for the day
[Meme] Reserving Scorn for Those Who Expose the Misconduct
they like to frame truth-tellers as 'harassers'
Why the Articles From Daniel Pocock (FSFE, Fedora, Debian Etc. Insider) Still Matter a Lot
Revisionism will try to suggest that "it's not true" or "not true anymore" or "it's old anyway"...
Links 03/05/2024: Canada Euthanising Its Poor and Disabled, Call for Julian Assange's Freedom
Links for the day
Dashamir Hoxha & Debian harassment
Reprinted with permission from disguised.work
Maria Glukhova, Dmitry Bogatov & Debian Russia, Google, debian-private leaks
Reprinted with permission from disguised.work
Who really owns Debian: Ubuntu or Google?
Reprinted with permission from disguised.work
Keeping Computers at the Hands of Their Owners
There's a reason why this site's name (or introduction) does not obsess over trademarks and such
In May 2024 (So Far) statCounter's Measure of Linux 'Market Share' is Back at 7% (ChromeOS Included)
for several months in a row ChromeOS (that would be Chromebooks) is growing
Links 03/05/2024: Microsoft Shutting Down Xbox 360 Store and the 360 Marketplace
Links for the day
Evidence: Ireland, European Parliament 2024 election interference, fake news, Wikipedia, Google, WIPO, FSFE & Debian
Reprinted with permission from Daniel Pocock
Enforcing the Debian Social Contract with Uncensored.Deb.Ian.Community
Reprinted with permission from Daniel Pocock
Gemini Links 03/05/2024: Antenna Needs Your Gemlog, a Look at Gemini Get
Links for the day
IRC Proceedings: Thursday, May 02, 2024
IRC logs for Thursday, May 02, 2024
Over at Tux Machines...
GNU/Linux news for the past day