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

09.07.10

How the Gates Foundation is Sometimes Starving — Not Feeding — African People

Posted in Africa, Bill Gates, Deception, Finance at 4:10 am by Dr. Roy Schestowitz

Gates at Harper's Magazine

Summary: An analysis of banking interests in Africa, Gates’ role in them, and their impact on the population

IN a later post about GMO we are going to address one aspect on this sensitive subject, but in this post we are going to explore the impact of Gates Foundation investments in Goldman Sachs (going back to this report from August 16th, as well as others, e.g. [1, 2, 3, 4]). Taken into consideration there ought to be a plethora of factors which we shall summarise at a later stage.

Gates’ investment in Goldman Sachs is a subject we wrote about two weeks ago following literally thousands of links Techrights posted about Goldman Sachs over the years, e.g. about government influence. “Feeding the hungry” is the sort of sound bite everyone loves to hear and Gates sings it to the public many times. It’s valuable PR, but what exactly happens on the surface? Today we won’t be addressing the GMO agenda; however, we will be addressing the role of financial interests in food. By giving money to Goldman Sachs, for example, the Gates Foundation is actually feeding the bankers who starve the hungry. These are investments that achieve the very opposite of what’s publicly stated, as we last discussed in the previous post (conflicts abound).

For a little bit of background (we put about a dozen links about it all in all), read articles like “The great hunger lottery – How banking speculation causes food crises” (it’s not just Goldman Sachs, but it’s probably the largest culprit). Warren Buffett too is investing in this whole thing. From several days ago in the news:

Buying Goldman stock will put you in good company

[...]

The Bill and Melinda Gates Foundation, the world’s largest philanthropic foundation, bought 500,000 shares in Q2.

Warren Buffett’s Berkshire Hathaway famously bought $5-billion in Goldman preferred shares at the bottom of the 2008 financial meltdown, and acquired warrants for another $5-billion. Charlie Munger, Berkshire’s vice-chairman, commented that “we felt their merits outweighed their defects.”

It was just some days ago that we found out about the deadly effect of price hikes in Mozambique’s food:

The UN has called an urgent meeting on rising global food prices in an attempt to head off a repeat of the 2008 crisis that sparked riots around the world.

Seven people, including two children, were killed in Mozambique this week during three days of protests triggered by a rise in the cost of bread. There has also been anger over increasing prices in Egypt, Serbia and Pakistan, where floods destroyed a fifth of the country’s crops.

Read the article titled “Goldman Sachs makes $1 billion profit on food price speculation” and then take into account other banking connections, the World Bank for example. To suggest that solutions for third-world countries will come from banks is to assume that debt can resolve/substitute hunger and that putting people under the control of international banks is truly in their interest. Banks don’t produce food and often they create long-term liabilities.

We previously wrote about the Grameen Foundation [1, 2, 3, 4, 5, 6], which has roots in Microsoft and works with the Gates Foundation to put Western banking systems into places that are under-developed. Here is the Gates Foundation getting involved again, pushing US-based micro-payment technology that can only increase such dependence (see what was done in Haiti for example):

The Grameen Technology Center, formed nine years ago by a former executive at Microsoft, has deployed applications in Uganda that send text-message reminders for neo-natal patients in Ghana to take medication and tests. Through a partnership with Google and the local telecom service provider, Grameen is able to collect data through smart phones on how farmers are dealing with crop disease and then serve up instructions from the cell phones on how farmers can keep their crops from getting infected.

They are essentially enabling some businesses in the West. Maybe it’s good, maybe that’s bad, maybe it’s a bit of both. It’s up for the local population to make informed choices rather than foreigners deciding for these nations what’s good for them.

China finds it rather offensive on the face of it. The financial press in the West shows how the world’s wealthiest are suddenly relabeled “do-gooders” (following the money and using PR in the Financial Times), but such expansionism is frowned upon by China. They won’t let Buffett and Gates play a role as “world’s parents” and to be fair, China too is increasingly taking control and colonising poor nations, including some in Africa. Feeding the hungry is not a priority, it’s a convenient excuse for getting in while having some consent from the exploited, occupied population (use of the local press for propaganda is crucial here too).

We are at risk of going off topic here, but one of the most fascinating things in Africa is the use of patents against it by the developed world (maybe about 10% of the world’s population, depending where the line gets drawn). This helps show how notions which are taken for granted in the West are actually extremely harmful to the large majority of the world’s people. Europe and the US each account only for about 5% of the world’s people and assuming democracy amongst all living humans, there is magnanimous, abject, unjust, powerful, and hostile relationship that needs to be accounted for. It’s a moral issue.

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 29/10/2014: Ubuntu Touch Tablet, Puppy Linux 6.0

    Links for the day



  2. Links 28/10/2014: SUSE Linux Enterprise 12, Canonical OpenStack Distro

    Links for the day



  3. Links 28/10/2014: PiFxOS, The Document Foundation in OSBA

    Links for the day



  4. Microsoft is Bricking Devices With Linux (Yet Again!), So a Microsoft Booster Spins/Paints Linux Devices as 'Fakes'

    Microsoft delivers rogue drivers through Windows Update and they brick Arduino microcontrollers



  5. How Bill Gates Continues to Pass Wealth From the Public to His Own Bank Account

    Having put a universal tax on many things (not just computers) and evaded tax using the classic 'charity' trick, Gates is now buying the media, the schools, politicians etc. and earns as much as 10 billion dollars per year while the public is taught that Gates is a giver, not a hoarder of the worst kind



  6. Links 27/10/2014: Lenovo Unbundling, Linux 3.18 RC2

    Links for the day



  7. IRC Proceedings: September 14th, 2014 – October 25th, 2014

    Many IRC logs



  8. Links 25/10/2014: KDE Mockups, Update on GNOME Outreach Program for Women

    Links for the day



  9. After Infecting Unity -- Successfully -- Microsoft's Partner Xamarin Wants to Infect Unreal Engine With .NET

    Xamarin continues to spread dependence on Microsoft to more gaming frameworks, not just platforms such as GNU/Linux, Android, and even permanent-state devices



  10. Taking Microsoft Windows Off the Grid for Damage to Businesses, the Internet, and Banking Systems

    Microsoft's insecure-by-design software is causing massive damages ([cref 27802 possibly trillions] of [cref 13992 dollars in damages to date]) and yet the corporate press does not ask the right questions, let alone suggest a ban on Microsoft software



  11. City of Berlin Does Not Abandon Free Software, It's Only Tax Authorities

    A Softpedia report that says the City of Berlin is moving to Microsoft Office is flawed and may be based on a poor translation



  12. Nadella a Liar in Chief at Microsoft, Pretending That His Anti-Competitive Practices Are Unfortunately Imposed on Microsoft

    The nastiness of Microsoft knows no bounds as even its assault on GNU/Linux and dirty tricks against Free software adoption are characterised as the fault of 'pirates'



  13. Reuters Writes About the Demise of Software Patents, But Focuses on 'Trolls' and Quotes Lawyers

    How the corporate media chooses to cover the invalidity of many software patents and the effect of that



  14. Links 24/10/2014: Microsoft Tax Axed in Italy, Google's Linux (ChromeOS/Android) Leader Promoted

    Links for the day



  15. Links 24/10/2014: GNU/Linux History, Fedora Delay

    Links for the day



  16. Links 23/10/2014: New *buntu, Benchmarks

    Links for the day



  17. Links 22/10/2014: Chromebooks Surge, NSA Android Endorsement

    Links for the day



  18. Links 21/10/2014: Debian Fork Debate, New GNU IceCat

    Links for the day



  19. Criminal Microsoft is Censoring the Web and Breaks Laws to Do So; the Web Should Censor (Remove) Microsoft

    Microsoft is still breaking the Internet using completely bogus takedown requests (an abuse of DMCA) and why Microsoft Windows, which contains weaponised back doors (shared with the NSA), should be banned from the Internet, not just from the Web



  20. Microsoft 'Loving' GNU/Linux and Other Corporate Media Fiction

    Microsoft has bullied or cleverly bribed enough technology-centric media sites to have them characterise Microsoft as a friend of Free/Open Source software (FOSS) that also "loves Linux"



  21. India May be Taking Bill Gates to Court for Misusing His So-called 'Charity' to Conduct Clinical Trials Without Consent on Behalf of Companies He Invests in

    Bill Gates may finally be pulled into the courtroom again, having been identified for large-scale abuses that he commits in the name of profit (not "charity")



  22. The Problems With Legal Workarounds, Patent Scope, and Expansion of Patent Trolls to the East

    Patent trolls are in the news again and it's rather important, albeit for various different reasons, more relevant than the ones covered here in the past



  23. Links 20/10/2014: Cloudera and Red Hat, Debian 7.7, and Vivid Vervet

    Links for the day



  24. Links 20/10/2014: 10 Years Since First Ubuntu Release

    Links for the day



  25. How Patent Lawyers Analyze Alice v. CLS Bank

    Breaking down a patent lawyer's analysis of a Supreme Court's decision that seemingly invalidated hundreds of thousands of software patents



  26. Is It Google's Turn to Head the USPTO Corporation?

    The industry-led USPTO continues to be coordinated by some of its biggest clients, despite issues associated with conflicting interests



  27. The EPO's Public Relations Disaster Amid Distrust From Within (and EPO Communications Chief Leaves): Part VII

    Amid unrest and suspicion of misconduct in the EPO's management (ongoing for months if not years), Transparency International steps in, but the EPO's management completely ignores Transparency International, refusing to collaborate; the PR chief of the EPO is apparently being pushed out in the mean time



  28. Links 18/10/2014: Debian Plans for Init Systems, Tails 1.2

    Links for the day



  29. Links 18/10/2014: New ELive, Android Expansion

    Links for the day



  30. Another Fresh Blow to Software Patents (and With Them Patent Trolls)

    Another new development shows that more burden of proof is to be put on the litigant, thus discouraging the most infamous serial patent aggressors and reducing the incentive to settle with a payment out of court


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