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Author Topic: The Gates' Not Settling For Anything Less Than A Vaccine  (Read 3182 times)

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Offline tednlou2

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The Gates' Not Settling For Anything Less Than A Vaccine
« on: November 29, 2010, 01:25:58 am »
From ABC's "This Week", the Gates discuss giving their wealth away and the search for an HIV vaccine.  They also talk about education and poverty--both that have a serious impact on HIV/AIDS.  The entire show was about wealthy people giving their wealth away for the public good.  Warren Buffett talks about how his taxes are too low and the ways he gives his money away.  You can find his and Ted Turner's interviews on the website next to the Gates video.  I wasn't sure where to post this.  The Gates discuss HIV/AIDS and a vaccine.  Buffett and Turner talk about poverty and taxes being too low for the mega-rich.  Not taxing the wealthy fairly has a huge impact on how we fund public health, research, etc.  I believe all these people have pledged to give something like 80-90% of their wealth away.

If you want to skip the education discussion and jump to the HIV/AIDS/Vaccine part, jump to minute 4:00

http://abcnews.go.com/ThisWeek/video/giving-pledge-bill-melinda-gates-12259511
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Offline Theyer

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #1 on: November 29, 2010, 08:01:01 am »
I can remember a party I went to early 90s, San Francisco where it was explained to me that it was perfectly possible to not pay any tax if one used trust funds /  charity status / companies / off shore banking ect to channel money through. Ditto UK.
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"If we can find the money to kill people, we can find the money to help people ."  Tony Benn

Offline WillyWump

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #2 on: November 29, 2010, 09:11:09 am »
Wasn't it Buffet who stated that his children will get basically nothing of his multi billion estate, that charities would get it? Something akin to he started with nothing and they should too.  Got to admire that.

-W
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Offline ElZorro

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #3 on: November 29, 2010, 09:23:18 am »
Quote from: WillyWump on November 29, 2010, 09:11:09 am
Wasn't it Buffet who stated that his children will get basically nothing of his multi billion estate, that charities would get it? Something akin to he started with nothing and they should too.  Got to admire that.

-W

unless you're one of his children  :P
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Offline Inchlingblue

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #4 on: November 29, 2010, 10:39:24 am »
This is what Gates has said:

. . . as for the inheritance of his children, Gates said: "I will give the kids some money but not a meaningful percentage. Setting the number so that they need to work but they feel reasonably taken care of is hard to figure out."

I read somewhere else that the amount his kids will get is rumored to be about $10 million each. Considering he is worth about $58 billion it's very little money but it's still not bad.

LINK:

http://www.deccanherald.com/content/98105/bill-gates-not-leave-fortune.html
« Last Edit: November 29, 2010, 10:40:55 am by Inchlingblue »
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Offline WillyWump

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #5 on: November 29, 2010, 02:29:19 pm »
Quote from: ElZorro on November 29, 2010, 09:23:18 am
unless you're one of his children  :P

true dat.
Quote from: Inchlingblue on November 29, 2010, 10:39:24 am
This is what Gates has said:

. . . as for the inheritance of his children, Gates said: "I will give the kids some money but not a meaningful percentage. Setting the number so that they need to work but they feel reasonably taken care of is hard to figure out."

I read somewhere else that the amount his kids will get is rumored to be about $10 million each. Considering he is worth about $58 billion it's very little money but it's still not bad.

LINK:

http://www.deccanherald.com/content/98105/bill-gates-not-leave-fortune.html

Thx Inch. Yeah, 1o million is definitly nothing to sneeze at and any "meaningful percentage" of 58 billion is alot of clams.
\
-W
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Offline Hoover

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #6 on: November 29, 2010, 03:40:26 pm »
If our kids outlive us, they will be in for a shock!
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Offline ElZorro

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #7 on: November 29, 2010, 03:42:37 pm »
Quote from: Hoover on November 29, 2010, 03:40:26 pm
If our kids outlive us, they will be in for a shock!

Good shock or bad shock??  :P

My son already knows that everything gets left to his younger siblings (the cats) and, as their caregiver, he gets a stipend until they die of natural causes. Then, it's all his.  ;)
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Offline mecch

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #8 on: November 29, 2010, 04:04:24 pm »
Good for the Gates and good for us!
Let's not be blindsided by a few philanthropic billionaires, however, when the county's budget crunch could be lessoned by taxing the millions of multi-millionaires at some sort of reasonable, equitable rate.  Go after mutual fund managers first.  Thats outright theft. 
Oh, and not fighting futile wars.
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“From each, according to his ability; to each, according to his need” 1875 K Marx

Offline Hoover

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #9 on: November 29, 2010, 04:25:16 pm »
Bad shock for the kids!
We plan on checking out with zero assets .

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Infection date: March 16, 2010
20/05/10 - CD4 348  VL 58,000  Lymph nodes in jaw painful!  Antioxidants started.
01/06/10 - CD4 428  VL?
24/06/10 - CD4 578  VL 9,800
13/07/10 - CD4 620  VL?
04/09/10 - CD4 648  VL?
01/11/10 - CD4 710  VL?   CD8 972
16/12/10    CD4 738  VL?  CD8  896   
02/02/11    CD4 520 (month of parasites and new lab)
14/03/11 started Truvida and Sustiva (Efavirenz)
04/07/11 CD4 686 VL 75 CD8 588  41%
10/10/11 CD4 757  45%  VL UD

Offline newt

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #10 on: November 29, 2010, 04:27:50 pm »
Hard to big up the man who, as far as I can see, thinks my life-saving comb is a sideline (strategically speaking of course).

- matt
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"The object is to be a well patient, not a good patient"

Offline ElZorro

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Re: The Gates' Not Settling For Anything Less Than A Vaccine
« Reply #11 on: November 29, 2010, 04:34:06 pm »
Quote from: Hoover on November 29, 2010, 04:25:16 pm
Bad shock for the kids!
We plan on checking out with zero assets .

lol...that should be fun!  ;)
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