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

Red Hat is Phased Out of Existence This Month Onwards
Within a few years we'll probably not see many redhat.com addresses anymore; many became ibm.* last week
NVIDIA Buys the Media With Companies It Sponsors to Pretend to be Customers (Circular Funding Scheme)
The media crisis worsens
Brigading Against Women - Part IXX - Overreaction From Young Female Professional After Invalid Threats Made and Sent From an Incel in Another Continent
Cowards who send threats after committing crimes online
 
Brigading Against Women - Part XX - Attempts by Lozza to Deplatform Techrights and Tux Machines Only Days After I Sued Garrett and My Wife Also Sued Garrett (Shortly Before the Serial Strangler From Microsoft Joined)
in 2024
Links 06/10/2026: A Year Since "NSA Whistleblower Reality Winner Released From Prison", World Tries to Deal With El Niño
Links for the day
"SIRIUS CORPORATION LIMITED" as Evidence of the Financial Shell Games in the UK
Rianne and I still have some fond memories of the time the ex-wife of the CEO treated us like human beings
Lots of Silent Layoffs at IBM Last Week, Employees Explain Patterns of Those Impacted
It wasn't just gossip, it actually happened even if the media chose to look the other way (as usual)
Gemini Links 06/10/2026: Fighting for Purpose, Gemlogs, and Gemtext
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, October 05, 2026
IRC logs for Monday, October 05, 2026
Finland's GNU/Linux Share Measured at 12%
Last month GNU/Linux was measured at about 10% in Finland
UK Layoffs and Closures by Microsoft. In Expected Blow, Microsoft Likely Shuts Down Another Studio.
Microsoft's layoffs are never-ending, they just try to keep them all secret.
Discussion About Potential Sale of EPO Buildings and Enshittification of Europe's Largest Patent Office
It's noteworthy that only one hour (or 70 minutes) was devoted to so many topics
Stonewalling by Bots
We'll now turn our attention back to EPO and other matters
Gemini Links 05/10/2026: "Posthumanism", Cardputer, and More
Links for the day
Links 05/10/2026: “I’m Embarrassed on Behalf of the Tech Industry” and Slop Scammers "Lobbying the Vatican"
Links for the day
SIRIUS OPEN SOURCE LTD Officially Insolvent, Is Reform UK Next?
Sirius no more
Links 05/10/2026: "Congress Must Investigate War Profiteers Once Again" and Update on Thomson Reuters v. Ross Intelligence
Links for the day
libera.chat is an Agenda-Peddling Platform Run by Agenda-Peddling Individuals
The volunteers of libera.chat ("staff") aren't working for free, they work towards an agenda
Nobel Season is Plutocracy Week
Later this week the billionaires will give a fake "Nobel" (in "Economics") to someone who parrots their preferred narrative and those same billionaires will use "Nobel" to bless the promoter of their latest pyramid scheme/buzzword
GNU/Linux Market Share in North America 13% This Past Weekend
It is perhaps not shocking that adoption of GNU/Linux is very high there
When Did Europe Begin to Side With White-Collar Criminals (or Participate in Suppressing People Who Oppose Them)?
How much corruption can we tolerate before the European Union becomes another Russian Federation?
Libera Chat's "Level of Control Might Make Sense for a Corporate Platform"
IRC is not centralised
Brigading Against Women - Part XVIII - Turning Censorship Attempts (Articles About Matthew Garrett) Into Mild Redactions
What Lozza did two years ago
Greenland Needs Digital Sovereignty
the large icy island isn't moving to GNU/Linux as quickly as the rest of Europe
Tracker of Internet Relay Chat Networks Out of Service (But Not Down) Since Thursday
We should note that the number of unique networks they track has grown since we last checked
Gemini Links 05/10/2026: NixOS, Guix, Codeberg Banning Slop, and "Gopher Apps on Android"
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, October 04, 2026
IRC logs for Sunday, October 04, 2026
Secret Microsoft Layoffs and Maybe Another "Voluntary Exit Program at Microsoft in October"
there's a morale crisis at Microsoft
MIT Technology Review (MTR) Reinforces MIT's Role in Promoting Slop (Pyramid Scheme) in Exchange for Money
MIT is a poster boy (or child) of institutional corruption, perverts, and corporate takeover
Many Topics to Cover
Drops in a big ocean
Proving Wrong Those Slop Maximalists and Boosters, GAFAM Says Slop is a Nuisance and Bans/Hides the Slop Submissions
People who say slop in projects is inevitable or even desirable are usually cheaters with self-guilt
Links 04/10/2026: “AI Torture Chamber” and "Aggressive Push to Integrate Hey Hi (AI) Slop Into Schools Is Turning Into a Disaster"
Links for the day
How Microsoft Hides Massive Layoffs From the Media (as Explained by Microsofters)
"rewards" are not exactly rewarding
Brigading Against Women - Part XVII - The Appeal
more to be known towards the end of the year
Gemini Links 04/10/2026: Peace in Outage, Pen Pals, and deGoogling
Links for the day
Links 04/10/2026: Fires Rage in Borneo and Mass Layoffs at Disney
Links for the day
Garrett's Litigation Partner is Unemployed Again
losing one's job
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, October 03, 2026
IRC logs for Saturday, October 03, 2026