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

07.20.09

Philanthropic Investments in Massive Chains of Retailers

Posted in Bill Gates, Deception, Finance, Microsoft at 2:59 pm by Dr. Roy Schestowitz

Summary: The Gates Foundation starts funding an enterprise of sports shops

TO MR. GATES’ credit, his portfolio is very prolific. Using his supposedly-philanthropic foundation, he maintains pharmaceutical patent investments [1, 2], tobacco investments, investments in alcoholic beverages, petroleum investments, investments in experimental and controversial crops, and even investments in news/media, which of course loves thanking Gates for all that money. Glamourising this Rockefeller-esque publicity stunt is part of this gratitude and to make matters ever more optimal, Gates need not even pay tax; being such a major investor even in governments, politicians can in turn be persuaded to buy from Microsoft and have this dependence/lock-in cascade down to businesses and homes.

“In some professionals’ view, the Gates Foundation acts as a tax-exempt investment vehicle…”The above may seem like a mouthful, but the extensive evidence is all there and Gates Foundation critics — although silenced or ignored for suspicion of “jealousy” for the most — do exist and the press recognises some that are highly renowned (see The Hindu and the New York Times for example). In some professionals’ view, the Gates Foundation acts as a tax-exempt investment vehicle, where medical drugs (“charity”) are used to make returns in the form of American pharmaceutical patents Gates invests billions in. It as well may be seen as a long-term investment.

And in light of all this, we present the latest news about the Gates Foundation, which is now investing in a chain of sports shops.

The purchase is not the first by Gates in a small British retailer. In May 2008, he took a small stake in Carpetright.

More here:

The Microsoft tycoon made the acquisition through the Bill & Melinda Gates Foundation, the philanthropic organisation created to “help all people lead healthy, productive lives”.

How can this be spun as philanthropy? Are sports inherently about goodwill? This is just plain commerce (investment in a “retailer” as Murdoch’s press puts it).

More information can be found in:

  1. Gates raises stake in JJB Sports
  2. Microsoft’s Gates builds JJB stake

Is there something that we miss in this analysis?

“My background is finance and accounting. As a socially conscious venture capitalist and philanthropist, I have a very good understanding of wealth management and philanthropy. I started my career in 1967 with the IRS as a specialist in taxation covering many areas of the tax law including the so-called legal loopholes to charitable giving. […] However, the Gates Buffet foundation grant is nothing more than a shell game in which control of assets for both Gates and Buffet remain the same. […] The only difference is that the accumulation of wealth by these two will be much more massive because they will no longer have to pay any taxes.”

The Gates and Buffet Foundation Shell Game

“Gates’ gimmick of becoming a philantropist repeats the Rockefeller scam almost one to one a century later.”

Dark cloud over good works of Gates Foundation

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

What Else is New


  1. Links 20/7/2014: Jolla in India, Mega Censored in Italy

    Links for the day



  2. Longtime Mono Booster Joins Microsoft-linked Xamarin

    Jo Shields almost joins Microsoft, settling instead for its proxy, Xamarin



  3. Linux Foundation Welcomes Patent Aggressor Red Bend Software

    The Linux Foundation's AllSeen Alliance welcomes as a member a company that uses software patents to sue Free/Open Source software



  4. Matt Levy From Patent Progress (and CCIA) Does Not Really Want Patent Progress

    Matthew ('Matt') Levy moved into a foe of patent progress last year, but he still runs a site calls Patent Progress, in which he diverts all attention to patent trolls (as large corporations such as Microsoft like to do)



  5. Attacking FOSS by Ignoring/Overlooking Issues With Proprietary Software

    The biasing strategy which continues to be used to demonise Free/Open Source software (FOSS) along with some new examples



  6. Links 19/7/2014: CRUX 3.1 is Out, CyanogenMod Competes With Google Now

    Links for the day



  7. Microsoft's Massive Layoffs Go Far Beyond Nokia; Nokia's Android Phones Axed by Microsoft's Elop

    Microsoft's rapid demise and permanent exit from Nokia's last remaining Linux platform (after Microsoft had killed two more)



  8. Patents on Software Already Being Invalidated in Courts Owing to SCOTUS Ruling on 'Abstract' Patents

    The Federal Circuit Appeals Court has just "invalidated a software patent for being overly abstract," says a patents expert



  9. OpenSUSE 'Community' is Crumbling, AttachMSFT Killed SUSE's Potential (Except as Microsoft Tax)

    Not much too see in the land of SUSE and Attachmate, or formerly the company known as Novell



  10. Links 18/7/2014: Slackware Turns 21, Spotify Switches to Ubuntu

    Links for the day



  11. Links 16/7/2014: Manjaro 0.8.10 Third Update, SIA Migrates to Red Hat

    Links for the day



  12. Microsoft's Latest Round of Massive/Bulk/Large-scale Layoffs

    Microsoft boosters are preparing 'damage control' pieces ahead of massive layoffs at Microsoft



  13. Secrecy Allows British Government to be Manipulated by Microsoft for Spyware Behind Closed Doors

    Dependence on malicious software from NSA ally Microsoft is highly dependent, at least in Britain, on government secrecy and vain refusal to comply with Freedom of Information (FOI) requests



  14. Software Patent Applications Already Being Rejected in the US Owing to SCOTUS Ruling, Some Patent Lawyers Are Fuming

    Good news on the software patents front as the USPTO starts rejecting software patent applications, based on patent lawyers' words



  15. Links 15/7/2014: New Plasma, Google Announces Project Zero

    Links for the day



  16. Interest in Free Software Coverage and 9 Months With Tux Machines

    Thoughts about the level of interest in Free/Open Source software (FOSS) and growth of at least some sites that focus on GNU/Linux



  17. White House Backs Away From Appointing Patents Zealot to Top USPTO Position

    Philip Johnson is no longer poised to become the Director of the USPTO, which is basically an establishment that provides protectionism to primarily US-based corporations



  18. Professor James Bessen Presents the Case Against Software Patents After Important SCOTUS Ruling

    The debate about software patents in the Unites States continues, with academia on one side and greedy patent lawyers on the other



  19. Software Patents Demising in the US as Microsoft Patent Attacks on Android/Linux Suffer a Huge Setback

    M-Cam's assessment of Microsoft's bundle of extortion (using software patents) shows toothlessness, irrespective of the SCOTUS decision to effectively annul "abstract" software patents



  20. Links 13/7/2014: KDE Activity Surge

    Links for the day



  21. Pro-Microsoft Spin in Microsoft-Funded News Networks

    The rogue media (misinformation) campaign of Microsoft benefits from networks which have been paid by Microsoft over the years



  22. Cronyism at Play: European Hostility Towards Free/Libre Software Despite Espionage and Moles

    Europe continues to be held hostage with back doors, lock-in, and massive payments to foreign powers, despite evidence that these powers are destructive and hostile



  23. Wirelessly-Controlled Contraceptives and Other Villainous Bill Gates Initiatives

    Remote controls for people's reproductive systems are now in the making and Bill Gates is a prominent investor in the technology



  24. Links 12/7/2014: CrossOver, New Wine

    Links for the day



  25. Links 10/7/2014: LXLE 14.04 in Headlines, Plasma 5

    Links for the day



  26. OpenDocument Format (ODF) Still Alive and Kicking

    Caligra, WebODF and various influential nations' departure from Microsoft Office will help famous projects such as OpenOffice.org and LibreOffice make ODF the only international standard for editable documents exchange



  27. The Effect of Corporate Media Bias: FOSS Demonisation and Microsoft Openwashing

    A set of very recent examples where the corporate press produces FOSS-hostile articles (or pro-Microsoft articles) by citing biased sources of convenience



  28. The NSA's Top (and First) PRISM Partner, Microsoft, Lies to Governments and Businesses as Office Gets Banned in China

    Developments in China reveal that security and privacy threats posed by reliance on Microsoft are so great that a ban becomes inevitable and continues to expand (Microsoft put on more and more block lists and blacklists)



  29. Microsoft's Propaganda Machine Tries to Shift Security Debate Amid Serious Catastrophes

    Observations and analysis of some recent deception in corporate news sites (like Condé Nasty), trying to pretend that Microsoft is secure, that Microsoft is pursuing security, and that FOSS and Android security or privacy are inherently poor



  30. Despite SCOTUS Ruling, Microsoft Still Extorts Companies and Product Buyers Using FAT Software Patents, Latest Victim is Canon

    Canon and Microsoft sign a patent deal which relates to patents on FAT file systems and impacts some of Canon's products, potentially Linux products as well (Canon makes drivers for Linux but does not develop products with Android or GNU/Linux just yet)


CoPilotCo

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

CoPilotCo

Recent Posts