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Originally Posted by directfiesta
I just can't believe that you actually think what you wrote ...
First of all, he is giving it to the " Gates " foundation ... because he believes that they are ready to put that wealth to the service of the poor and sick... How awfull is that ...
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well what they're saying is that it will ultimately end up going to 3rd world nations, which is what this post topic was about. the poor and sick in those countries getting aid isn't bad, it's commendable... however it's important to watch where that aid is coming from and at whose expense.
all of that money of his that is currently invested in US businesses, helping businesses here grow, helping people here have jobs, perhaps helping to finance future growth of our own region, is going to suddenly disappear. it won't come back. not in the form of cash, not in the form of trade, not in the form of opportunities. it will simply vanish.
had he simply kept investing the money here, it would have been a greater economic benefit to this region of course. this means the quality of life would have been incrementally better here, it means some of it would have trickled down to create new jobs here, new opportunities here etc.
failing that, had he given it away to charities that at least help this same community it would have taken away from the regional business capital but at least provided benefits in this area in other ways.
however he is doing neither... it's his money of course to do with as he pleases, however I can hardly commend him for this. his greatest charitable act probably would have been to simply keep investing the way he had been and find a successor to do the same with his fortune after he was no longer able to do so.
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If the USA needs so much that money for their own poors ( I tought most of you said that they don't exist ) , well talk to your commander in chief who pisse daway much more money than that abroad ... 
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Our poor are typically far ahead of the 'poor' in most other nations. nevertheless the quality of life for them is still by definition substandard for their community, and not 'pleasant' by the measure of very many.
I agree that too much is being spent abroad; however the mere fact that the government is wasting more doesn't invalidate any of what I have said either...
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If it was my money, because I really don't care for the mean human race, I would have given it to wildlife refuges, rain forest conservation, Animal society and so on...
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heh, good. environmental concerns benefit all living creatures in one way or another. man included.