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Mr Buffett is far better informed than anyone on GFY and it's his decision where he spends his personal funds. He is also entitled to "squander" it if considers that's what he wants to do - tho, it's not exactly in his modest character to do this, - but I'd sure trust his judgement more than any GFY trolls. |
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We're talking about charity here, and you think charity is better spent on people who already have the highest standard of living in the history of the world than spent on people with the lowest standard of living in the world? Me thinks you're just trying to stir up shit as usual. Welcome back, good luck with your new program. |
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I will try to explain this to you very simply. The man has acquired a great deal of wealth from the country he lives in. He is now planning on sending that wealth to other regions that will not capitilize on it very well if it all, and the people who helped him generate this money will not benefit from this whatsoever because the money will be elsewhere. So rather than helping his own country through investing in more industry or at the least giving it to charity here, he is turning his back on the same society that have helped him build his fortune. Some idiots may simply hear the word "charity" and take a shortcut into thinking that it must be good for all involved. Quote:
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he's announcing these plans to the entire world through media outlets. which means he WANTS it to be everyone else's "biz" :2 cents: |
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neither does yours dipshit christ you are fucking dense. must be that fine european education of yours. |
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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 ... 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 ... :2 cents: 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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What has "dense", "dipshit" or "education" have to do with anything - apart from your base level attempts to attack? Grow up boy. |
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After reading your post, I am hoping that he will set a little bit aside to cure adult illiteracy. |
Can Woj be near?
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Woj is a great programmer... But he can suck my 50" dick...
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mixed emotions.....
Mr. Romance |
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There is one part of the world who started ploughing down rainforests to make room for cattle grazing to provide cheap hamburgers for the US - till they released their ecological and biological diversity that was worth more alive than dead. Suppose that's another area Warren Buffett could consider and restore the damage caused by hamburger-flippers and eaters. |
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then when you didn't like reading my opinion you essentially said that it shouldn't be written because it doesn't effect him... and I pointed out your endorsement of it doesn't really effect anything either... backpeddle... backpeddle... :1orglaugh |
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I actually agree with 12clicks. He's not telling anybody what to do with their money, he's just stating his opinion that he believes Buffet's money could be put to better use.
I don't know much about the Third World or Africa, but it seems to me their is very little infrastructure in these places. There is no free trade between the 3rd world and the 1st world (instead we pilfer their resources and keep them in debt). Third World countries are also culturally bankrupt (religion/superstition over reason) and corrupt (money goes to and stays in African leaders coffers and not to the people who need it). The solution to these problems is 1) fair/free trade 2) investment (infrastructure/business) and 3) education. Policies combined with finances will accomplish this better than simply pouring money into the corrupt system that exists. We've given billions of dollars in the past 50 years and see no change (and to be fair we've probably received just as much back thru slave labor and resources). Also, America is slowing sliding into its darkest years. Once international leaders in math, science, and literacy, we are now lagging a great deal. I presume one of the things keeping us afloat is the "brain drain" situation where we still get the top specialists in all fields around the world emigrating to us because the money is here. If that stops we'll find ourselves in trouble. The only real solution to our own problem is a cultural one - we have so much we're lazy and are taking it for granted, but we won't be able to continue living off the gains of our predecessors without putting in some work in the long run. |
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Gimme a break |
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too bad we've let the surfers get comfortable here. Back when I helped grow this board, intelligence mattered (and surfers weren't allowed) kill another thread Debby, its what you do.:1orglaugh |
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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. Quote:
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... Quote:
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The question still stands. |
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:1orglaugh :1orglaugh :1orglaugh |
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hes not leaving a cent to his children, damn
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Some folks/nations earn their living - others are born to leech and decide what is the best way the earners should spend their money. Like the earners care what the leeches think? :winkwink: |
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Why not ? Scammers and scumware promoters are .... :321GFY |
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http://www.epmarketsales.com/buffet.jpg He is DEFINITELY doing a damn good job of making everyone aware of this. Merely selling his shares wouldn't have required him to tell anyone what he was going to do with the money anyway :2 cents: |
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pot calling the kettle black didn't your native britain used to have some kind of empire built upon imperialism? :1orglaugh :1orglaugh :1orglaugh |
Spending it on the 3rd world helps create and establish a world middle class which gives more people for established US companies to sell shit too.
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You gonna be advising Bill and Melinda Gates how to spend their charitable donations next? Truth is you know fuck all about this - apart from a press conference, - neither does anyone else on GFY or elsewhere until Warren Buffett begins to get specific on his plans. |
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as far as the quality of his "sources for advice" that was never in question. what was being discussed is the effect of his actions and who would be affected by them, and how. and where on earth did you get that I was advising any of these people on their charitable donations? as far as I know Warren Buffet doesn't have a GFY nick so he probably won't be reading this. |
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Your opinions are almost 100% unqualified and don't make sense: Quote:
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Not being sarcastic AF.. What age are you?
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fuck the IMF
the IMF is fucking the cause of most of it |
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