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Largest monetary donation in history

edited June 2006 in General Banter
just saw this article:

http://money.cnn.com/2006/06/25/magazines/fortune/charity1.fortune/index.htm?cnn=yes

Warren Buffet, the worlds second richest man is giving away 85% of his fortune totalling $37 billion dollars. 80% of it will go to the bill and melinda gates foundation.

quite inspiring.

Comments

  • federicafederica Seeker of the clear blue sky... Its better to remain silent and be thought a fool, than to speak out and remove all doubt Moderator
    edited June 2006
    All I can say is that it wasn't me.... :o:D
  • buddhafootbuddhafoot Veteran
    edited June 2006
    Wow... for a second I thought this was a joke.

    You know... sending billions to Bill Gates...

    That's like giving the Bearded Lady in the circus Rogaine.

    But, inspiring, nonetheless if it makes it to needy people.

    -bf
  • edited June 2006
    yes i saw that on the news to.
    guess he doesnt need a lesson on "attachment" eh?!
  • MagwangMagwang Veteran
    edited June 2006
    Hmmm...I wonder what power vacuum all this money is flowing into. The Bill and Melinda Gates Foundation is a major contributor to the ultra-conservative Project for The New American Century (PNAC).

    The PNAC Web site states the group's "fundamental propositions", which are:
    • "American leadership is good both for America and for the world"
    • "such leadership requires military strength, diplomatic energy and commitment to moral principle"
    • "too few political leaders today are making the case for global leadership."

    The PNAC also made a statement of principles at their 1997 inception:

    As the 20th century draws to a close, the United States stands as the world's pre-eminent power. Having led the West to victory in the Cold War, America faces an opportunity and a challenge: Does the United States have the vision to build upon the achievements of past decades? Does the United States have the resolve to shape a new century favorable to American principles and interests?

    The PNAC advocates "a policy of military strength and moral clarity" which includes
    • A significant increase of US military spending.
    • Strengthening ties with US allies and challenging regimes hostile to US interests and values.
    • Promoting the cause of political and economic freedom outside the US.
    • Preserving and extending an international order friendly to US security, prosperity and principles.

    The PNAC and its members had long called for the United States to abandon the Anti-Ballistic Missile Treaty between the US and the Soviet Union, from which the US withdrew in 2002.

    The PNAC also proposes to control the new "international commons" of space and "cyberspace" and pave the way for the creation of a new military service — U.S. Space Forces — with the mission of space control.

    In 1998, Donald Rumsfeld chaired a bipartisan commission on the US Ballistic Missile Threat toward advancement of these goals. It is unclear how "space control" will affect US adherence to the Outer Space Treaty.
  • MagwangMagwang Veteran
    edited June 2006
    Oh, and PNAC members make up most of the current Bush cabinet and have modelled American foreign policy after PNAC principles of world domination.

    In case you want to know where this money might end up.
  • SimonthepilgrimSimonthepilgrim Veteran
    edited June 2006
    That amount of money cannot be clean of drug, arms or slavery money. It is the sad fact about money.

    Ideal method to 'launder' the fruits of others' labours and become saintly! Blessed St Andrew Carnegie, pray for us.
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