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04-07-2020, 09:14 PM
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#31
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Valued Poster
Join Date: Jan 27, 2018
Location: Back in Texas!
Posts: 7,196
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Quote:
Originally Posted by Tiny
Billionaires Have Their Uses
Thank heavens there wasn’t a wealth tax on Bill Gates.
by The Wall Street Journal Editorial Board
Let us now speak in favor of billionaires. We refer specifically to Bill Gates, who was recently asked what good his fortune could do in this pandemic. “Governments will eventually come up with lots of money,” he replied on a TV show. “But they don’t know where to direct it. They can’t move as quickly.”
The Microsoft mogul turned philanthropist said his “early money can accelerate things” in developing a vaccine against Covid-19. “For example, of all the vaccine constructs, the seven most promising of those, even though we’ll end up picking at most two of them, we’re going to fund factories for all seven,” he added.
Rather than waiting to find out which vaccines are most effective and safe, and then building factories, Mr. Gates wants to ensure that the manufacturing capacity is ready to go immediately.
“It’ll be a few billion dollars we’ll waste on manufacturing for the constructs that don’t get picked because something else is better. But a few billion in the situation we’re in, where there’s trillions of dollars” at risk is worth it, he said. “And normal government procurement processes, and understanding which are the right seven, in a few months those may kick in. But our foundation, we can get that bootstrapped and get it going and save months.”
Bravo. Mr. Gates’s money could save millions of lives and help restart the global economy if his manufacturing bet pays off. This effort comes in addition to the billions Mr. Gates already has spent fighting other infectious diseases, and the $125 million he announced in March to tackle Covid-19.
Mr. Gates’s plans are a rebuttal to proposals for confiscatory tax policy that punish wealth creation. If wealth taxes of the kind proposed by Elizabeth Warren and now entertained by the Financial Times were in place in the 1980s, Mr. Gates’s roughly $100 billion fortune might be a tenth of that. And it’s unlikely he’d have the capacity to act this boldly.
Private actors—business and nonprofits—will play a major role in easing the economic and medical pain of the virus. The Gates Foundation and other philanthropies can often move faster than government, which suffers from political interference and turf issues as we’ve seen with the Centers for Disease Control and Prevention failure on coronavirus testing.
Once the virus is conquered—and it will be—the biggest risk will be the political campaign to expand government control over far more of American economic life. Society will be better off because Mr. Gates is the one spending his billions rather than having to turn them over to the ministrations of the U.S. Congress.
https://www.wsj.com/articles/billion...es-11586301710
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This article makes very good points.
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04-07-2020, 11:02 PM
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#32
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Valued Poster
Join Date: Mar 4, 2019
Location: In the valley
Posts: 10,862
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Quote:
Originally Posted by friendly fred
This article makes very good points.
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I wouldn't trust Bill Gates as far as I can throw his ass.
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![Like](/images/like.png) | 1 user liked this post
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04-08-2020, 04:23 AM
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#33
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Valued Poster
Join Date: Jan 9, 2010
Location: Nuclear Wasteland BBS, New Orleans, LA, USA
Posts: 31,921
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afterall, bill gates is a silicone valley pirate!
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04-08-2020, 08:04 AM
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#34
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Valued Poster
Join Date: Jan 27, 2018
Location: Back in Texas!
Posts: 7,196
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Quote:
Originally Posted by Levianon17
I wouldn't trust Bill Gates as far as I can throw his ass.
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I can't stand Bill Gates and I vastly prefer the software of Apple, but in this limited instance, Gates is making a positive contribution, and I certainly agree with the underlying pro-capitalist message.
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04-08-2020, 10:30 AM
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#35
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Valued Poster
Join Date: Mar 4, 2019
Location: In the valley
Posts: 10,862
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Quote:
Originally Posted by friendly fred
I can't stand Bill Gates and I vastly prefer the software of Apple, but in this limited instance, Gates is making a positive contribution, and I certainly agree with the underlying pro-capitalist message.
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I am not concerned about Microsoft or Apple they both do the same thing. What concerns me is Gate's true intentions. What is really behind the money? People like Gates are expert deceivers. Do you really think people like Bill Gates sit around and figure out ways to benefit people?
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04-08-2020, 10:36 AM
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#36
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Valued Poster
Join Date: Mar 4, 2019
Location: In the valley
Posts: 10,862
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Quote:
Originally Posted by FrankZappa
Obviously, you aren't well read just a shit talker. If you got out of your Breitbart bubble , you might be able to figure things out. Bill Gates has pretty given up all of his money to try and solve problems in the world. Unlike your President and the Republican party which doesn't believe in science, he does. You guys laughed about this and let it spread.
Call Dr. Trump if you get sick.
https://www.gatesfoundation.org/
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Hahahaha, That article has no meaning. It was written for dummies like you to read. All these people do is talk. They write articles like this to pull at your heart strings. If equality truly existed in this world there wouldn't be any deception.
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![Like](/images/like.png) | 2 users liked this post
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04-08-2020, 11:16 AM
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#37
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Valued Poster
Join Date: Oct 31, 2019
Location: Miami, Fl
Posts: 5,667
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Quote:
Originally Posted by dilbert firestorm
Bill Gates says we need a nationwide shutdown for at least 10 more weeks to fight coronavirus: 'The window for making important decisions hasn't closed'
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Better than the advice from Zeke Emanuel, the architect and death panel proponent that we need to stay locked down for another 12 to 18 months or until there is a viable vaccine.
https://www.realclearpolitics.com/vi...a_vaccine.html
Ezekiel Emanuel: U.S. Must Stay Locked Down For 12-18 Months Until There's A Vaccine
If we prematurely end that physical distancing and the other measures keeping it at bay, deaths could skyrocket into the hundreds of thousands if not a million. We cannot return to normal until there's a vaccine. Conferences, concerts, sporting events, religious services, dinner in a restaurant, none of that will resume until we find a vaccine, a treatment, or a cure.
And by then "Purge 1" will be well under way.
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04-08-2020, 11:29 AM
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#38
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Valued Poster
Join Date: Dec 31, 2009
Location: dallas
Posts: 23,345
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DPST's would love an 18 month lockdown - destroy the economy and impose total Soylent Green new Deal control over America.
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04-08-2020, 12:21 PM
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#39
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Valued Poster
Join Date: Jan 27, 2018
Location: Back in Texas!
Posts: 7,196
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Quote:
Originally Posted by HedonistForever
Better than the advice from Zeke Emanuel, the architect and death panel proponent that we need to stay locked down for another 12 to 18 months or until there is a viable vaccine.
https://www.realclearpolitics.com/vi...a_vaccine.html
Ezekiel Emanuel: U.S. Must Stay Locked Down For 12-18 Months Until There's A Vaccine
If we prematurely end that physical distancing and the other measures keeping it at bay, deaths could skyrocket into the hundreds of thousands if not a million. We cannot return to normal until there's a vaccine. Conferences, concerts, sporting events, religious services, dinner in a restaurant, none of that will resume until we find a vaccine, a treatment, or a cure.
And by then "Purge 1" will be well under way.
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These fuckers like Zeke Emanuel have no sense of reality.
More than millions will die if we lock down the economy for 18 months.
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04-08-2020, 01:32 PM
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#40
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Valued Poster
Join Date: Jul 24, 2014
Location: Pittsburgh
Posts: 3,267
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Quote:
Originally Posted by friendly fred
These fuckers like Zeke Emanuel have no sense of reality.
More than millions will die if we lock down the economy for 18 months.
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Think about it. 12-18 months is a fast track to Socialism/Communism. You ruin the monetary system, you force all levels of business like landlords, mortgage, utilities, etc. from stopping charging people. Setup food lines where the minimal(if you are lucky) survival supplies produced and parceled out.
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04-08-2020, 02:33 PM
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#41
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Valued Poster
Join Date: Mar 4, 2019
Location: In the valley
Posts: 10,862
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Quote:
Originally Posted by friendly fred
These fuckers like Zeke Emanuel have no sense of reality.
More than millions will die if we lock down the economy for 18 months.
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The real death count is in the millions. The emotional death is what this crock of shit is really causing. Don't you see it? People worried about a Corona virus, screaming for a vaccine. The media putting out fake coverage to further the emotional death of people causing them to submit. By the time it's all over the physical death will be easier and many will look forward to it.
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