08.11.14
Gemini version available ♊︎Bill Gates is Profiting By Diverting Public Money to His Own Pocket and Reducing Wages
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. █
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