EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

12.23.08

Why is the Gates Foundation Investing in Governments?

Posted in Bill Gates, Finance, Microsoft at 12:45 pm by Dr. Roy Schestowitz

Following money

IN THIS CONTINUED EXPLORATION of influence for sale and various means like pet charities (or charities for business agenda [1, 2]) and lobbyists, we are coming across more evidence that may come handy in the future.

Thanks to the failure of the media, there is a lot of disinformation out there about the Gates Foundation and its actual function (articles are being planted to glorify this foundation). We wrote about it before, so we won’t repeat old facts but summarise a few instead. Apart from a haven that shelters against tax, this money vehicle enables many investments and interests to be carried under an innocent umbrella of philanthropy.

Gates’ proximity to the US government is a subject that we continued exploring yesterday, but this leads to other fascinating areas. We have also just found the following disclosure about Gates’ personal investments, which are made through a philanthropic entity. These investments include oil companies, but more interestingly, there are actual payments made to governments.

Foundation’s investments

A sampling of the Gates Foundation’s largest investments:

Above $1.5 billion

* Berkshire Hathaway**
* Canadian government

Between $1 billion and $1.5 billion

* Fannie Mae
* German government

Between $100 million and $1 billion

* Abbott Laboratories
* Archer Daniels Midland
* British Petroleum
* Canadian National Railway
* Exxon Mobil
* Freddie Mac
* French government
* Japanese government
* Merck
* Schering Plough
* Tyco International
* Waste Management

*Might include stocks, bonds and other securities
**Warren Buffett committed his first installment of Berkshire Hathaway stock in June.

Sources: Gates tax and Securities and Exchange Commission filings— Los Angeles Times

Who is pocketing this money and what would be the impact? Why are wealthy governments being paid by the Gates Foundation and what are the returns? The Norway story, for example, sure was interesting and it was not an isolated case.

Canadian Parliament
The Canadian Parliament receives over $1,500,000,000
in ‘charity’ money from Microsoft’s Bill Gates

___
August 2008: Quebec government sued for buying Microsoft software

Quebec’s open-source software association is suing the provincial government, saying it is giving preferential treatment to Microsoft Corp. by buying the company’s products rather than using free alternatives.

The lawsuit by Facil was lodged with the Quebec Superior Court on July 15 and made public on Wednesday. In it, the group says the provincial government has refused to entertain competing bids from all software providers, opting instead to supply public-sector departments with products bought from proprietary vendors such as Microsoft and Oracle Corp.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

5 Comments

  1. Diamond Wakizashi said,

    December 23, 2008 at 3:04 pm

    Gravatar

    “Why is the Gates Foundation Investing in Governments?”

    Because the Gates “Foundation” wants governments to invest in low quality software from a vicious monopolist.

  2. Andre said,

    December 23, 2008 at 6:42 pm

    Gravatar

    Because you cannot give these sums to your bank around the door. You are forced to invest. The conservative investment choice is state saving bonds or a portfolio of some big stock market companies. So what do you expect? These foundations are basically large investment portfolio which spent their money on philanthrophy. Whether it is the Gates or the Nobel foundations is no issue here. In times of unstable stock markets of course the activities of a foundation are put under risk.

  3. Roy Schestowitz said,

    December 23, 2008 at 6:49 pm

    Gravatar

    The conservative investment choice is state saving bonds or a portfolio of some big stock market companies. So what do you expect? These foundations are basically large investment portfolio…

    Actually, it’s massively superior. With a charity you needn’t pay tax. Even Warren chipped in.

  4. Andre said,

    December 23, 2008 at 6:52 pm

    Gravatar

    And you can employ your family and their grand children and do white business withour risk.

  5. Roy Schestowitz said,

    December 23, 2008 at 6:58 pm

    Gravatar

    Actually, there is an interesting recent story I was prepared to back my statement with. A few months ago, Time Magazine published a multi-part glorification marathon about the Gates Foundation. If you look closely enough, then you discover it was authored by the husband of the former head of the foundation’s manager, who has Microsoft history. Her place was occupied by Microsoft’s Raikes, who will now have a large fund with which to promote Microsoft’s interests. The former head meanwhile moved closer to the government in DC (Smithsonian).

    it’s amazing how much information one can gather by following the news and taking notes.

What Else is New


  1. Links 22/5/2019: Mesa 19.0.5, Huawei and GNU/Linux, Curl 7.65.0, End of Antergos, Tails 3.14, ownCloud Server 10.2, Firefox 67.0

    Links for the day



  2. Quality of Patents is Going Down the Drain and Courts Have Certainly Noticed

    Uncertainty or lack of confidence in the patent system has reached appalling levels because heads of patent offices are just striving to grant as many patents as possible, irrespective of the underlying law



  3. EUIPO and EPO Abuses Growingly Inseparable

    'Musical chairs' at CEIPI and the EPO/EUIPO (Battistelli, Archambeau, Campinos) as well as joint reports never fail to reveal the extent to which EPO abuses are spreading



  4. Links 21/5/2019: China's GAFAM Exit, DragonFlyBSD 5.4.3

    Links for the day



  5. Links 20/5/2019: Linux 5.2 RC1, LibreOffice 6.3 Alpha, DXVK 1.2.1, Bison 3.4 Released

    Links for the day



  6. South Korea's Government Will Show If Microsoft Loves Linux or Just Attacks It Very Viciously Like It Did in Munich

    Microsoft's hatred of all things GNU/Linux is always put to the test when someone 'dares' use it outside Microsoft's control and cash cows (e.g. Azure and Vista 10/WSL); will Microsoft combat its longstanding urge to corrupt or oust officials with the courage to say "no" to Microsoft?



  7. Links 19/5/2019: KDE Applications 19.04.1 in FlatHub and GNU/Linux Adoption

    Links for the day



  8. The War on Patent Quality

    A look at the EPO's reluctance to admit errors and resistance to the EPC, which is its very founding document



  9. Watchtroll, Composed by Patent Trolls, Calls the American Patent System “Corrupt”

    Another very fine piece from Watchtroll comes from very fine patent trolls who cheer for Donald Trump as if he's the one who tackles corruption rather than spreading it



  10. Unified Patent Court Won't Happen Just Because the Litigation Microcosm Wants It

    Unified Patent Court (UPC) hopefuls are quote-mining and cherry-picking to manufacture the false impression that the UPC is just around the corner when in reality the UPC is pretty much dead (but not buried yet)



  11. Links 17/5/2019: South Korea's GNU/Linux Pivot, Linux 5.1.3

    Links for the day



  12. Q2 Midterm Weather Forecast for EPOnia, Part 4: Happy Birthday to the Kötter Group?

    This year the Kötter Group commemorates the 85th anniversary of its existence. But is it really a cause for celebration or would a less self-congratulatory approach be more fitting? And does it create the risk that a routine tendering exercise at the EPO will turn into Operation Charlie Foxtrot?



  13. Links 16/5/2019: Cockpit 194, VMware Acquires Bitnami, Another Wine Announcement and Krita 4.2.0 Beta

    Links for the day



  14. The EPO's Key Function -- Like the UPC's Vision -- Has Virtually Collapsed

    The EPO no longer issues good patents and staff is extremely unhappy; but the Office tries to create an alternate (false) reality and issues intentionally misleading statements



  15. Stanford's NPE Litigation Database Makes a Nice Addition in the Fight Against Software Patent Trolls

    As the United States of America becomes less trolls- and software patents-friendly (often conflated with plaintiff (un)friendliness) it's important to have accurate data which documents the numbers and motivates better policy; The NPE (troll) Litigation Database is a move towards that and it's free to access/use



  16. Q2 Midterm Weather Forecast for EPOnia, Part 3: “Ein kritikwürdiges Unternehmen”

    A brief account of some further controversies in which the Kötter Group has been involved and its strained relations with German trade unions such as Verdi



  17. EPO Had a Leakage Problem and Privacy of Stakeholders Was Compromised, Affecting at Least 100 Cases

    The confidentiality principle was compromised at the EPO and stakeholders weren't told about it (there was a coverup)



  18. Links 15/5/2019: More Linux Patches and More Known Intel Bugs

    Links for the day



  19. False Hope for Patent Maximalists and Litigation Zealots

    Patent litigation predators in the United States, along with Team UPC in Europe, are trying to manufacture optimistic predictions; a quick and rather shallow critical analysis reveals their lies and distortions



  20. The Race to the Bottom of Patent Quality at the EPO

    The EPO has become more like a rubber-stamper than a patent office — a fact that worries senior staff who witnessed this gradual and troublesome transition (from quality to raw quantity)



  21. Q2 Midterm Weather Forecast for EPOnia, Part 2: Meet the Kötters

    An introduction to the Kötter Group, the private security conglomerate which is lined up for the award of a juicy EUR 30 million contract for the provision of security services at the EPO



  22. Links 14/5/2019: Red Hat Satellite 6.5, NVIDIA 430.14 Linux Driver and New Security Bug (MDS)

    Links for the day



  23. Links 14/5/2019: GNU/Linux in Kerala, DXVK 1.2, KDE Frameworks 5.58.0 Released

    Links for the day



  24. Q2 Midterm Weather Forecast for EPOnia, Part 1: Urgent Shitstorm Alert

    Experts at the European Patent Office's (EPO) weather observation station have just issued an urgent alert warning about a major shitstorm looming on the horizon



  25. Patents That Were Gleefully Granted by the EPO Continue to Perish in Courts

    The decreasing quality of granted European Patents already becomes a growing problem if not a crisis of uncertainty



  26. Links 13/5/2019: ExTiX 19.5 and GNU Radio Conference 2019

    Links for the day



  27. The Microsoft Guide to the Open Source Galaxy

    Thou shalt not...



  28. Microsoft Would Kill the Goose for Money

    Microsoft is just 'monetising' Open Source by using it as 'bait' for Microsoft's proprietary software; those who we might expect to antagonise this have effectively been bribed by Microsoft



  29. Links 13/5/2019: Nanonote 1.2.0, OpenMandriva Lx 4.0 RC, and GNUnet 0.11.4

    Links for the day



  30. Professionally Incompetent EPO Management

    The EPO remains an awful employer, with top-level management largely responsible for the loss of talent and even money


RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts