Go back
Warren Buffet/Bill Gates= generous Americans

Warren Buffet/Bill Gates= generous Americans

Debates

Wajoma
Die Cheeseburger

Provocation

Joined
01 Sep 04
Moves
78933
Clock
28 Jun 06
Vote Up
Vote Down

Originally posted by scottishinnz
Ah, okay. So you think that Universities should be filled with academics who don't do research? Or perhaps that only do industrially funded research? You know, there would be an aweful lot less educated people out their in the world if that were the case.


[edit; I actually find it both amusing and strange that you call me a parasite yet I've act ...[text shortened]... jor provider in most countries of the type of money required to run major research projects.]
One of the worst cases of state worship I've seen. The guvamint taxes people and companies thereby limiting the resources they can spend on R and D. They use some of that money for their own R and D then say look at us, isn't this great. Guvamint can't give anything it hasn't first taken. A company can't give anything it hasn't first earnt.

If your project were profitable try to get private sponsorship, if it were really, truly, honestly profitable, companies would be beating your door down with offers. Only there's a problem, it's not profitable or you don't have the balls, safer sucking on nanny states tit eh, better to live off the productive whether they like it or not.

Wajoma
Die Cheeseburger

Provocation

Joined
01 Sep 04
Moves
78933
Clock
28 Jun 06
Vote Up
Vote Down

Originally posted by Sambo69
That's arguable and what about points 2 and 3 above ?
If it were arguable then make your point.

2/ Aren't computers used in the development of cures etc. If Bill should sacrifice his life on the altar of "the greater good" then he should carry on doing what he does best...creating wealth, developing his product. Rich folk don't just stuff their mattress with money then sleep on it, they're looking for ways to reinvest and build.

IMHO Bill should do what he darn well pleases.

3/I don't think thoser guys need anty advice from you on how to run their company. If it's beneficial in the ways you say, they've got whole teams (who know what they're talking about) researching (who know what research is) ways to improve every aspect of the company.

d

Joined
26 May 04
Moves
2221
Clock
28 Jun 06
Vote Up
Vote Down

good quote:

"I want to give my kids enough so that they could feel that they could do anything, but not so much that they could do nothing."

Warren Buffett

s
Kichigai!

Osaka

Joined
27 Apr 05
Moves
8592
Clock
28 Jun 06
Vote Up
Vote Down

Originally posted by Wajoma
One of the worst cases of state worship I've seen. The guvamint taxes people and companies thereby limiting the resources they can spend on R and D. They use some of that money for their own R and D then say look at us, isn't this great. Guvamint can't give anything it hasn't first taken. A company can't give anything it hasn't first earnt.

If your proj ...[text shortened]... on nanny states tit eh, better to live off the productive whether they like it or not.
Of course, your argument is crap, but since it annoys you so I'll just agree. Keep paying, sucker!

kirksey957
Outkast

With White Women

Joined
31 Jul 01
Moves
91452
Clock
29 Jun 06
Vote Up
Vote Down

Originally posted by Sambo69
1. No-one makes tens of billions of dollars without it being at someone else's expense !

2. Donations can fund cures for illness. With tens of billions of dollars to spare, how many lives could have been saved if even half was donated earlier ?

3. Imagine the tax concessions, goodwill and return on investment they'll make !
You make it sound like they (Gates and Buffett) are parasites.

c
Islamofascists Suck!

Macon, Georgia, CSA

Joined
17 Feb 02
Moves
32132
Clock
29 Jun 06
Vote Up
Vote Down

Originally posted by XanthosNZ
Are you trying to claim that the nature of philanthropy is different now because of welfare systems?
Yes, because you are contributing $ that someone else earned from the sweat of THIER brow, not yours...!

c
Islamofascists Suck!

Macon, Georgia, CSA

Joined
17 Feb 02
Moves
32132
Clock
29 Jun 06
Vote Up
Vote Down

Originally posted by Sambo69
I've travelled and done work helping people in South America and Asia.

I don't imagine you hiding under a rock.

I see you wearing velcro gloves and running across green fields chasing sheep.

I don't see you helping anyone.
"velcro glove"?...LOL...that's my "original" saying, thief! You don't see me helping anyone because you have no vision...STANG!

c
Islamofascists Suck!

Macon, Georgia, CSA

Joined
17 Feb 02
Moves
32132
Clock
29 Jun 06
Vote Up
Vote Down

Originally posted by Sambo69
XanthosNZ would have to take his velcro gloves off.
And you would have to get up off "all fours".....😲

c
Islamofascists Suck!

Macon, Georgia, CSA

Joined
17 Feb 02
Moves
32132
Clock
29 Jun 06
1 edit
Vote Up
Vote Down

Originally posted by shavixmir
Is it a different story?
Please explain how the millionaire is making his money when other people are actually doing all the labour for him?
Your reply is inconsequential and non-related to my reply...try again, slick...

Ragnorak
For RHP addons...

tinyurl.com/yssp6g

Joined
16 Mar 04
Moves
15013
Clock
13 Jul 06
Vote Up
Vote Down

Originally posted by chancremechanic
And, I did mention that most Americans give $$ to charities
The question is what is a charity? And I don't mean the definition of the word.

Is a religion that builds a church costing around $90million a charity? Would I have to be brainwashed to think that is a good way to spend my charitable donation?

A breakdown of u.s. "charity" giving in 2005...

Social Services: $25.4b
International: $6.39b, including aid for the tsunami. Without that, international aid giving actually fell during 2005 by 5.1%
Environment: $8.9b
Education: $38.6b
Religion: $107.2b

http://philanthropy.com/free/update/2006/06/2006061901.htm

The biggest recipient by far is religion. This couldn't be viewed as a "charity" in the wider sense, as its really a service that is being paid for. Who benefits from this "charity"? Where's the altruism of me donating money to buy comfier seats for my church?

Also, an interesting article about the use of the tax break Foundations.
http://news.zdnet.com/5208-9595-0.html?forumID=1&threadID=20490&messageID=392741&start=-1

D

S

Joined
09 May 06
Moves
361
Clock
19 Jul 06
Vote Up
Vote Down

Originally posted by chancremechanic
"velcro glove"?...LOL...that's my "original" saying, thief! You don't see me helping anyone because you have no vision...STANG!
What have you done to help people ?

s
Kichigai!

Osaka

Joined
27 Apr 05
Moves
8592
Clock
19 Jul 06
Vote Up
Vote Down

Originally posted by Wajoma
One of the worst cases of state worship I've seen. The guvamint taxes people and companies thereby limiting the resources they can spend on R and D. They use some of that money for their own R and D then say look at us, isn't this great. Guvamint can't give anything it hasn't first taken. A company can't give anything it hasn't first earnt.

If your proj ...[text shortened]... on nanny states tit eh, better to live off the productive whether they like it or not.
I watched a talk on this the other day.

R&D has an annual return of 17% on investment. Meaning, you invest $100 in R&D and you get $17, on average, back into the economy every year. Seems like a good long term investment to me. Whilst business R & D has a better short term return than this, it totally precludes "blue skies" research. Never mind, NZ only contributes 0.04% of the total Hi-tech exports for the OECD. Go farm some more sheep, ya hick.

U
All Bark, No Bite

Playing percussion

Joined
13 Jul 05
Moves
13279
Clock
19 Jul 06
Vote Up
Vote Down

Originally posted by Sambo69

2. Donations can fund cures for illness. With tens of billions of dollars to spare, how many lives could have been saved if even half was donated earlier ?

3. Imagine the tax concessions, goodwill and return on investment they'll make !
God forbid anyone should be happy or nice to them for giving so much money. Regardless of tax stuff, they would both have more money if they don't donate anything. That is the point. They give up money, for the good of other people. And how can you honestly criticize them for waiting too long to donate money. Gates has been giving tons to charity for years. He basically personally funds the whole polio erradication effort. Not only is this not their first donation, but it is a big one. It takes time to earn that money, and it takes money to make money, so the world is probably better off now.

Cookies help us deliver our Services. By using our Services or clicking I agree, you agree to our use of cookies. Learn More.