Thursday, February 27, 2014

Bill Gates gives away his fortune

I got in trouble for this in college. MicroSoft has issued cash dividend to all stockholders. Bill got about $8,000,000,000. If global wage was $2 per day. a day's work was at least 12 hours and we had 6 billion people on the planet, assuming every 2 out of 3 people were able bodied, 4 billion people would have been employed for one day on Bill's windfall check. So what did the Billster do in his lifetime that was equal to 48 billion man hours of ditch digging?

Consider this: We could have built 10 Great Pyramids of Giza with that much manual labor.



But, there is a Bill and Melinda Gates Foundation which does some good deeds.

Melinda tells Bill how to give his money away. Including helping farmers access the internet via cell phones. This picture is copied from the Gates Foundation web site. Sort of highlighting the work being done primarily in Sub-Saharan Africa and South Asia.



Sort of like Mrs. Howell on Gilligan's Island told Thurston Howell III to tolerate the little people.



I'm sorry Mr. Gates. Your foundation must do a lot of good work. In my humble opinion, our country needs to look at the issues of wealth growth and concentration of power before we give everything away to just a couple of people.

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