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

Libya's Share on the Web: 5.2% GNU/Linux
GNU/Linux has hit an all-time high there
Codecs and Software Patents - Part VI - The European Patent Office, Nokia, Microsoft, Sisvel, and More
Whatever Nokia used to be, it's certainly not an ally and a lot of the turmoil at the EPO is the fault of companies like Nokia
 
Links 11/05/2026: Another Oracle Setback and Mass Layoffs in Iran
Links for the day
Gemini Links 11/05/2026: Older Can Be Faster and Textmode Workflow
Links for the day
Links 11/05/2026: The Solicitors Regulation Authority (SRA) Admits It Only Reacts When It's Too Late (Damage Already Done), Ombudsman’s Animal Cruelty HK Report
Links for the day
If It Takes You a Second to Serve (or Receive) a Page, That's Definitely Too Slow
For speeds at milliseconds (e.g. for pages to fully load in a tenth of a second) the pages must be ready to be sent as soon as they're requested
It's Not About Speed, It is About Patience and Adherence to Truth, Principles, Scientific Integrity
attacks on us only ever made us stronger - a lesson that our adversaries have learned the hard way
Cyber Show Does it Like Techrights: Static and Gemini Protocol as 'First-Class Citizen'
HTML and GemText (over Gemini Protocol) would be rendered in tandem
SLAPP Censorship - Part 73 Out of 200: Microsoft's Graveley and Garrett Remain Closely Connected in May 2026 ("Tag-Teaming" Against Bloggers in Another Continent)
The phrase "judge a person by their friends" seems applicable here
Discussions About When the Axe Falls at IBM/Kyndryl (11,000 Layoffs Estimated)
"Kyndryl restructuring should reduce overhead functions and reduce the number of managers that lack technical knowledge"
A World After Microsoft (and GAFAM) and After GitHub Shuts Down
the only growth area is debt
Fake News, Propaganda, and Misinformation: Microsoft Investing Money It Does Not Have in "Hey Hi" (for "Entertainment Purposes" Only)
This will not end well
Today the Whole European Patent Office (EPO) is on Strike and Next Monday an Even Bigger Strike
the media refuses to cover these and is thus complicit
The Corrupt Lecture the Non-Corrupt - Part IXX - EPO Management Speaks of Reputation and Integrity While Putting Cocaine Addicts in Management
If the EPO values its "reputation", then it needs to start by ousting the management
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, May 10, 2026
IRC logs for Sunday, May 10, 2026
Links 11/05/2026: Security Breaches, Politics, and Energy Crunch
Links for the day
Gemini Links 10/05/2026: "Accidental Cameras" and "Addictive" Interfaces in Social Control Media
Links for the day
Codecs and Software Patents - Part V - A Reminder That GAFAM and the European Patent Office (Which Serves American Monopolists) Do Considerable Harm to the Commons and Culture
some 'breaking' developments
Gemini Links 10/05/2026: Inkscape, Guix, and Alhena 5.5.8
Links for the day
The "Alicante Mafia" at the European Patent Office (EPO) Experiments With New Methods for Crushing Industrial Actions
Open letter to VP1 and the COO [...] What does this tell us about the status quo at the European Patent Office, Europe's second-largest institution?
The Corrupt Lecture the Non-Corrupt - Part XVIII - "The European Patent Office (EPO) has a zero-tolerance policy for fraud" (except when managers do it)
The guidebook of the EPO says fraud is not to be tolerated, but who enforces or revisits such "Red Lines"?
Links 10/05/2026: Hantavirus Brings Back 'Contact Tracing' Surveillance, "Staple Food Prices Soar in Iran"
Links for the day
Microsoft XBox Staff Know They're in Trouble, They Try to Unionise Ahead of Mass Layoffs
As the slang goes, it's going to be a "bloodbath"
Links 10/05/2026: Fake Suicide Notes and New EU Restrictions on Slop
Links for the day
SLAPP Censorship - Part 72 Out of 200: Microsoft's Graveley and Garrett Signed Documents That Hold Them Accountable to Truth and Liable for Lies
Such collaborations are unsavoury and apparently unprofessional, too
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, May 09, 2026
IRC logs for Saturday, May 09, 2026
Gemini Links 10/05/2026: Travelling to Van and "Dark Mode" as Passing Fad
Links for the day
IBM's Kyndryl Holdings Inc Sank 70-75% in 'Value' in 10 Months, Will IBM Follow?
Kyndryl Holdings Inc now has a debt considerably higher than this company is said to be 'worth'!
Belated Sovereignty: GNU/Linux in Iran Skyrockets to 6% Amid Armed Conflict
unless they're truly in control of their networks, hardware and software, somebody else can control them
Gemini Links 09/05/2026: Liberation, The Nocturnals, Rediscovering Internet Radio, and More
Links for the day
Links 09/05/2026: Kremlin’s Biggest Day of the Year and FBI's Attack on the Media (to Save Face)
Links for the day
Google is "Bullshit"
Fix your slop, Google. It's broken.
SLAPP Censorship - Part 71 Out of 200: 5RB Barristers Made Tens of Thousands of Pounds by Changing From Plural to Singular for Microsoft's Graveley and Garrett
Could not even get the client's name right
Links 09/05/2026: "Grand Theft Oil Futures" and Mass Layoffs at Verizon
Links for the day
Gemini Links 09/05/2026: Inkscape "Copy Text Style" and NomadNet
Links for the day
The Corrupt Lecture the Non-Corrupt - Part XVII - European Patent Office (EPO) Management Not Sharing Responsibility for Financial Resources
For those who wonder, EPO strikes are still going on
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, May 08, 2026
IRC logs for Friday, May 08, 2026