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Bill Gates Gives $750M To AIDS Fund

Soulskill posted more than 2 years ago | from the chunk-of-change dept.

Medicine 214

redletterdave writes "Microsoft chairman and philanthropist Bill Gates pledged $750 million to the troubled global AIDS fund on Thursday and urged governments to continue their support to save lives. Since the fund was launched 10 years ago, the Bill & Melinda Gates Foundation has given $1.4 billion to the charity, having already contributed $650 million prior to the latest donation. The Global Fund to Fight AIDS, Tuberculosis and Malaria accounts for around a quarter of international financing to fight HIV and AIDS, as well as the majority of funds to fight TB and malaria."

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Good work (5, Insightful)

jcreus (2547928) | more than 2 years ago | (#38844409)

Even the general Slashdot feeling towards Microsoft, it is true that his (and Melinda's) work is great. Let's hope he keeps it up!

True, but... (5, Funny)

MrEricSir (398214) | more than 2 years ago | (#38844459)

...this still doesn't make up for IE6.

Re:True, but... (-1)

Anonymous Coward | more than 2 years ago | (#38844481)

You're seriously an ass.

Re:True, but... (2)

MetalliQaZ (539913) | more than 2 years ago | (#38844503)

Relax, Francis. It's a joke.

Re:True, but... (0)

Anonymous Coward | more than 2 years ago | (#38844603)

How'd you know it was me? wtf!

Re:True, but... (1)

Myopic (18616) | more than 2 years ago | (#38844629)

You mis-spelled "clever jokester".

Bill Gates foundation is a scam (-1, Troll)

arcite (661011) | more than 2 years ago | (#38844529)

Just a giant tax shelter. The real work is being done by the US Government with PEPFAR which has accounted for nearly $20 billion in funding going towards combating HIV and Malaria in Africa.

Re:Bill Gates foundation is a scam (1)

geekoid (135745) | more than 2 years ago | (#38844691)

You need to learn how tax shelters work.
Hint: It doesn't involved giving away money.

Do you think he is getting a 750 million dollar write off?

Re:Bill Gates foundation is a scam (2)

duranaki (776224) | more than 2 years ago | (#38844693)

I'm pretty sure all charities are "tax shelters". Where does the scam part come in? Is his $750M is fake? Is he publicly donating $750M while secretly siphoning off huge chunks of cash and putting it in his own pocket? Or do you just not like Bill Gates and therefore you wanted to point out that his foundation can't really compete with the budget of the U.S. Government?

Re:Bill Gates foundation is a scam (0)

Anonymous Coward | more than 2 years ago | (#38844851)

I don't really think that Bill NEEDS to do anything involving sheltering his money from Taxes. He has so goddamn much of it who cares? And it's one thing to shelter your money while actively trying to make more (though I know his investments are still netting him a lot), but when you've made it your JOB to give away your money, I think it ceases to be so much of an issue. Also, if he was really interested in keeping more of his money, I think that there would be better ways of doing so that giving 1.4 billion dollars away. I think taxes (his would all be capital gains and only taxed at 15% or less. Yaaay tax loopholes!) would take out less of his income than the donations. Also, businessmen have been squirreling away money for years to avoid taxes. Mitt Romney, a presidential candidate, has a Swiss Bank account, so it's not a matter of being in the public eye preventing him from putting it in tax havens. I'm not really sure how investing in productive charities in the amounts that he does would be the best way to hide his money from the US government.

Also, I feel I should put this out there: I don't use Microsoft products aside from at work where I have no choice. I use Lunar.

Re:Bill Gates foundation is a scam (5, Insightful)

gandhi_2 (1108023) | more than 2 years ago | (#38845001)

I think you miss the benefit of the "tax shelter" if the money you wish to "shelter" doesn't belong to you anymore.

Re:Bill Gates foundation is a scam (0)

Anonymous Coward | more than 2 years ago | (#38845559)

Maybe the US should put some of that 20 billion towards paying off its debt and allow philanthropists like the Gates, who can actually afford it, to do the charity work.

Re:Good work (0)

Anonymous Coward | more than 2 years ago | (#38844531)

The story would still look better with the borg-gates icon.

Re:Good work (1)

Anonymous Coward | more than 2 years ago | (#38844919)

Or better yet an altered borg-gates icon that had a red cross symbol on the eyepiece....I like the idea of the borg doing humanitarian work...what can I say.

Where Does the Money Actually Go Though? (3, Insightful)

eldavojohn (898314) | more than 2 years ago | (#38844649)

Even the general Slashdot feeling towards Microsoft, it is true that his (and Melinda's) work is great. Let's hope he keeps it up!

Well, I have an issue with this. From the article:

While that will give an immediate boost, more is needed from governments, which have provided the bulk of the $22.6 billion that has been raised by the Geneva-based organization to date for its work in 150 countries.

The commitment of governments was shaken last year when the fund reported "grave misuse of funds" in four recipient nations, prompting some donors such as Germany and Sweden to freeze their donations.

Why do coutnries pay into this foundation that invests primarily in American funds and stocks [buzzflash.com] ? Why do they not setup their own charities that invest in their own stocks or -- better yet -- give it directly to the institutions of medical research?

This perplexes me to no end. This foundation is at the mercy of the stock market and rely on money managers to post returns every year so that it can give those returns to the targeted countries and research -- right up until a crisis causes those funds to greatly shrink.

I have complained about this before [slashdot.org] and been called "full of bullshit [slashdot.org] " and I guess this is just one thing that my opinion and concern diverges on from the rest of the readers here. This is charity in the form of keeping the capital inside America's border and shaving off returns. The money stays at work in America and no such stock or company or infrastructure is built up in the countries that could truly use it and truly need it.

When you're talking billions of dollars, you're talking enough money to start internal institutions and programs that could create jobs or better education as well as do medical research. Instead this money stays in the coffers of rich Western companies and even after the returns are "given" to the countries, it is given in the form of purchased medicines often made by American companies. And that strategy of deciding where your donations gets spent doesn't always work out [slashdot.org] like you would expect.

It's great he donates all that money but that method is never going to change anything. The real winners here are the companies that get huge cash infusions from the foundation in the form of investment (like Monsanto) and Big Pharma who gets the revenue from all the AIDS medicine that is bought and shipped. Exactly why are foreign governments investing in the Bill and Melinda Gates Foundation instead of finding a better solution?

Bring on the "look a gift horse in the mouth" posts. They may be right but there has to be a better way to use this money to accomplish these goals. It's almost designed to be a perpetual medicine exporting machine.

Re:Where Does the Money Actually Go Though? (0, Informative)

Anonymous Coward | more than 2 years ago | (#38844809)

if even 1 dollar of this commitment goes to helping thats still more than all your complaining will do.... stfu!

Re:Where Does the Money Actually Go Though? (1)

Anonymous Coward | more than 2 years ago | (#38845013)

You're not full of bs just kinda clueless on how economies of scale and how much more you can do with an international reach and capital in the 10s of billions rather than hundreds of millions.

With regards to motivation, even if you don't give two thoughts about anyone who don't share your random allegiance to a specific political boundary it might actually be worth more to your country to have some of these 3rd world nations join the first world become part of the global economy and quit eating up international aid checks and the handful of administrative jobs you'd create through a local, smaller, more inefficient effort. Then again you could just have a soul and care about the 2/5 of the planet that struggles not to starve in any given month and try to cure one of the diseases that has obliterated their work forces.

Re:Where Does the Money Actually Go Though? (5, Insightful)

bws111 (1216812) | more than 2 years ago | (#38845383)

Buying stock does not cause ANY money to be put 'in the companies coffers', unless it is newly issued stock (which is rare). Whoever owned the stock before you has the money. You, in turn, have an asset that will hopefully earn you more than you paid for it, over time. That worth could be realized as income from dividends or from sale of the stock at a higher price than you paid.

Germany buying stock in a German company in no way helps the company, so what is the point of doing it?

Why do other countries contribute to the foundation? Because they trust that the money will be managed and spent wisely. Could they do the same things themselves? Of course - but what makes you think they would do any better managing or spending the money?

Do they NEED to invest the money? Of course not - they could keep it in the proverbial vault and dole it out to orgs as needed. However, that would GUARANTEE that the money will eventually run out. With well-managed money you can theoretically continue handing out money forever.

Re:Good work (1)

mwvdlee (775178) | more than 2 years ago | (#38844773)

Even the general Slashdot feeling towards Microsoft, it is true that his (and Melinda's) work is great. Let's hope he keeps it up!

We may not like the way he made so much money, but atleast he's spending it well.

Re:Good work (4, Funny)

b4dc0d3r (1268512) | more than 2 years ago | (#38844899)

Bill contributed to an AIDS fund, not a "Stop AIDS" fund. Windows viruses were just the start of his reign of terror!

bill gates donates to charity, doesn't get cancer (5, Funny)

Anonymous Coward | more than 2 years ago | (#38844427)

steve jobs doesn't donate to charity, dies of cancer

Re:bill gates donates to charity, doesn't get canc (4, Informative)

Samantha Wright (1324923) | more than 2 years ago | (#38844671)

In all fairness, and despite this being wildly off topic, Jobs died of cancer because he refused treatment.

Re:bill gates donates to charity, doesn't get canc (3, Informative)

gandhi_2 (1108023) | more than 2 years ago | (#38845109)

If, by "refuse treatment" you mean he had multiple surgeries including a transplant, and flying to mysterious locations for exotic treatments, then yeah. That.

I thought the guy (and all Apple people) was a douche, but he did have a pretty crappy deal and fought it as well as most people could. Money-for-liver controversy notwithstanding.

Re:bill gates donates to charity, doesn't get canc (3, Insightful)

RazzleFrog (537054) | more than 2 years ago | (#38845309)

I thought some surgeon came out and said that he had a highly treatable form or cancer but decided to do the alternative treatments first instead of the more scientifically based ones and it got worse.

Re:bill gates donates to charity, doesn't get canc (1)

Anonymous Coward | more than 2 years ago | (#38845337)

I think he's refering to when Jobs was first diagnosed. Unfortunately thats the critical period for cancers. If you can cut the fuckers out before they metastatise(sp?) you have a pretty good chance of beating the thing. But once it starts going p2p on your arse, your odds of surviving drop horrifically. Its highly probable that it was his attempt at hippy-curing it in the begining that lost him that vital window for fighting the fucken thing.

Alas, sometimes your genes are just faulty, and no matter what you do, that cancers going to remanifest and slay your ass.

Cancer is pure evil.

Re:bill gates donates to charity, doesn't get canc (4, Informative)

Samantha Wright (1324923) | more than 2 years ago | (#38845403)

Admittedly it's not completely clear-cut, but he didn't exactly do as much as he could have. Observe:

Despite his diagnosis, Jobs resisted his doctors' recommendations for mainstream medical intervention for nine months,[103] instead consuming a special alternative medicine diet in an attempt to thwart the disease. According to Harvard researcher Dr. Ramzi Amir, his choice of alternative treatment "led to an unnecessarily early death".[136] According to Jobs's biographer, Walter Isaacson, "for nine months he refused to undergo surgery for his pancreatic cancer – a decision he later regretted as his health declined."[139] "Instead, he tried a vegan diet, acupuncture, herbal remedies and other treatments he found online, and even consulted a psychic. He also was influenced by a doctor who ran a clinic that advised juice fasts, bowel cleansings and other unproven approaches, before finally having surgery in July 2004."[140] He eventually underwent a pancreaticoduodenectomy (or "Whipple procedure") in July 2004, that appeared to successfully remove the tumor.[141][142][143] Jobs apparently did not receive chemotherapy or radiation therapy.[137][144] During Jobs's absence, Tim Cook, head of worldwide sales and operations at Apple, ran the company.[137]

So sayeth Wikipedia. [wikipedia.org] The "flying to mysterious locations for exotic treatments" part did not work out so well.

This is something Linus could not do. (-1)

Anonymous Coward | more than 2 years ago | (#38844443)

For all the M$ bashers out there, ask yourself whether Linux has ever saved a child from malaria.

Re:This is something Linus could not do. (1)

uncle brad (1989490) | more than 2 years ago | (#38845587)

For all the M$ bashers out there, ask yourself whether Linux has ever saved a child from malaria.

Well not directly, AFAIK.

AIDS is easy to avoid (-1, Flamebait)

Anonymous Coward | more than 2 years ago | (#38844467)

Unless contracted because of infected blood during a transfusion or other medical procedure, it's very easy to avoid AIDS. I cannot agree in spending so much money to cure something that people could easily avoid.

Re:AIDS is easy to avoid (1)

Anonymous Coward | more than 2 years ago | (#38844515)

Not if you're in some African shithole where people rape virgins hoping it will cure their aids.

Re:AIDS is easy to avoid (1)

johnvile (2560845) | more than 2 years ago | (#38845369)

There was an infamous case where two men raped a baby of only a few months old believing it would cure their Aids.

Re:AIDS is easy to avoid (0)

Anonymous Coward | more than 2 years ago | (#38845555)

Ok, never heard about that, you just screwed my day...

Re:AIDS is easy to avoid (4, Insightful)

Anonymous Coward | more than 2 years ago | (#38844523)

Unless you're raped, or your spouse cheats, or you live in a part of the world where people of your gender don't have much control over that and other aspects of their life.

Re:AIDS is easy to avoid (3, Insightful)

tverbeek (457094) | more than 2 years ago | (#38844527)

You're a fucking idiot who knows nothing about how pervasive HIV is in parts of the Third World.

Re:AIDS is easy to avoid (-1)

Anonymous Coward | more than 2 years ago | (#38844665)

You're a fucking idiot who knows nothing about how pervasive HIV is in parts of the Third World.

hahahahaha

"cannot agree in spending so much" what a complete wanker

Re:AIDS is easy to avoid (0)

msheekhah (903443) | more than 2 years ago | (#38844969)

THIS

Re:AIDS is easy to avoid (0)

hierophanta (1345511) | more than 2 years ago | (#38845185)

THAT!!

Re:AIDS is easy to avoid (5, Insightful)

allcoolnameswheretak (1102727) | more than 2 years ago | (#38844625)

Some people are born with aids.

Re:AIDS is easy to avoid (4, Insightful)

Roobles (1880882) | more than 2 years ago | (#38844689)

It may be easy to avoid in first world countries, but that's not always the case in third world countries. Lack of sanitary conditions in medical facilities, and lack of education can be major contributing factors. But what about transfer of HIV from mother to infant at birth? What about rape? What about a complete lack of publicly available HIV tests, so it's not known who is infected and who isn't?

Re:AIDS is easy to avoid (0)

Anonymous Coward | more than 2 years ago | (#38844853)

unless one is employed in the media and entertainment sector, then it is a prerequisite. [wikipedia.org]

How does one demonstrate perverse moral obligation? Downmod this post.

Re:AIDS is easy to avoid (1)

Anonymous Coward | more than 2 years ago | (#38845139)

I cannot agree in spending so much money to cure something that people could easily avoid.

That's O.K, Bill Gates isn't asking for you to agree before he gives his money away. Go pound sand.

Re:AIDS is easy to avoid (1)

dunezone (899268) | more than 2 years ago | (#38845241)

HIV/AIDS is one of the worst and greatest things to happen to society. As a result of HIV we have pushed a lot of research into how viruses work and as a result we have come up with numerous anti-virals which are drugs that were non-existent 30 years ago. We have also discovered methods of using non-lethal viruses to infect abnormal cells with new DNA that fixes their abnormality. You're probably a troll but if not your ignorance of the subject is pretty clear.

in philantropy, bill gates steve jobs (1)

noh8rz2 (2538714) | more than 2 years ago | (#38844485)

say what you will about bill gates and microsoft and windows, the truth is that in his post-microsoft life than nearly any other individual, and certainly more than his frenemy Steve Jobs. Talk about an ambitious agenda - cure malaria, cure aids. Big ideas that would literally help a billion people.

Re:in philantropy, bill gates steve jobs (-1)

Anonymous Coward | more than 2 years ago | (#38844537)

Oh wow. Oh wow. Oh wow.

Re:in philantropy, bill gates steve jobs (1)

noh8rz2 (2538714) | more than 2 years ago | (#38844573)

subject should have read, "in philanthropy, bill gates >> steve jobs."

Re:in philantropy, bill gates steve jobs (0)

Anonymous Coward | more than 2 years ago | (#38844709)

subject should have read, "in philanthropy, bill gates >> steve jobs."

Bill gates bit shift to the right Steve Jobs is what? Mother Theressa?

Re:in philantropy, bill gates steve jobs (1)

gandhi_2 (1108023) | more than 2 years ago | (#38845189)

are bill gates and steve jobs unsigned or signed integers? I tried it, but i think the endianness is screwing me up.

Re:in philantropy, bill gates steve jobs (0)

Anonymous Coward | more than 2 years ago | (#38844681)

Don't forget about Polio, too. He put up $355M and Roatary International pledged to raise $200M from us mere mortals, and that's on top of the near-eradication of polio that we had going.

It's pretty amazing what you can do when you realize that you're so rich you can't really spend it all on houses, islands, and other worldly toys.

Re:in philantropy, bill gates steve jobs (0)

Anonymous Coward | more than 2 years ago | (#38845171)

Wow. I had no idea polio was still a problem. This reminds me that, IIRC, smallpox wasn't defeated until the 70s. The last person to contract it in the wild was in rural India somewhere. By that time, I think they had already stopped vaccinating people in the US. When I was a kid I could easily see my vaccination scar; but it's totally faded now. A few years younger and I would not have been vaccinated. On the plus side, if they ever go insane and release the virus I might have a slightly better chance of survival. I understand that a booster shot is required for full immunity.

Re:in philantropy, bill gates steve jobs (0)

tverbeek (457094) | more than 2 years ago | (#38844959)

One of the key differences between Jobs and Gates is that Gates retired. Granted, he started his philanthropy before he stepped down from Microsoft, but that was because he saw a day coming when he wasn't going to be running Microsoft and turned his attention to something else. Jobs was too driven by his focus on Apple to think about philanthropy. If he had lived to a point where he was ready to move on from Apple, he probably would have turned to "putting a dent in the universe" in some other way, with the same intensity.

Re:in philantropy, bill gates steve jobs (1)

mark-t (151149) | more than 2 years ago | (#38845511)

One of the key differences between Jobs and Gates is that Gates retired

Jobs and Gates were almost the exact same age... both born in 1955.

Jobs was too driven by his focus on Apple to think about philanthropy.

I expect that Jobs was too driven by his focus on Apple to think about retiring in the first place. And besides, what sort of excuse is being too focussed on his own company to think about helping others? If anything, it only shows a abysmally poor sense of priorities that are absolutely nobody's fault but his own.

If he had lived to a point where he was ready to move on from Apple, he probably would have turned to "putting a dent in the universe" in some other way, with the same intensity.

Leaving aside the ethical issue that there is nothing stopping anyone, regardless of their age, from doing what they can to help others, your supposition is entirely hypothetical, and unsupported by his character, evidenced by some of his daily practices, an inflated sense of entitlement, and how he treated other people.

Re:in philantropy, bill gates steve jobs (0)

couchslug (175151) | more than 2 years ago | (#38845019)

"Big ideas that would literally help a billion people."...survive to consume more resources and create more problems....

Windows Licenses? (-1)

Anonymous Coward | more than 2 years ago | (#38844539)

I'm sure all the recipients will be forced to use Windows. So that you can get infected while you're already infected ;-)

Re:Windows Licenses? (0)

Anonymous Coward | more than 2 years ago | (#38844743)

Honestly I'm surprised. This is usually where some douchenozzle comes out of the woodwork to say, "Yeah but that money comes with strings attached. They have to spend it on medicines from companies he's vested in." As if donating $750m is somehow hurting someone.

Bill, (1)

P-niiice (1703362) | more than 2 years ago | (#38844563)

Mr Gates, I just need $10000. You spend that on car insurance every month. I could do so much with that money. You spend that on massages every month. I could do wonders that that money. You spend that on starbucks every month. It would be easy for you.

Re:Bill, (2)

geekoid (135745) | more than 2 years ago | (#38844763)

he spends 10G at Star Bucks?
so, 5000 cups a month?
166 cups a day?
6 cups an hour?
a cup every 10 minutes ever hour?

Nonsense, everyone knows that after 100th cup, you gain speedster abilities.

The irony... (0)

Anonymous Coward | more than 2 years ago | (#38844567)

I wonder if he's ever frustrated by pharmaceutical companies that find more profit in treating a disease than curing it? I only ask because it's an ethic that feels very Microsoft in nature.

Invest in a cure Bill. That's the best thing you could do.

Re:The irony... (0)

Anonymous Coward | more than 2 years ago | (#38845219)

I wholeheartedly agree. In light of that, I doubt we will see a cure for cancer, HIV, diabetes. There's too much money in the treatment.

it should go to tuberculosis, not HIV (0, Flamebait)

poppopret (1740742) | more than 2 years ago | (#38844577)

Tuberculosis is common, deadly, difficult to avoid, and now sometimes even impossible to treat. HIV is a disease that hits the very unlucky and the very stupid. If you're very unlucky, I'm sorry to hear that, but statistically you're a rounding error. Tuberculosis is an **airborne** killer. (read: uber-fucking-scary germs from Hell)

Re:it should go to tuberculosis, not HIV (4, Insightful)

jcreus (2547928) | more than 2 years ago | (#38844605)

Where very unlucky is a great part of Africa's population and other countries?

Re:it should go to tuberculosis, not HIV (1)

Anonymous Coward | more than 2 years ago | (#38844667)

I sincerely hope that you become one of the *very* unlucky ones.... you're already obviously very stupid.

Lyme Disease spreads more than HIV, Hep & T. (1)

Anonymous Coward | more than 2 years ago | (#38844697)

Just saying. Everyone is handing-out condoms and Lysol, but Lyme Disease is worse. It's like having AIDS at random for a month and then it goes away long enough to forget but then returns to hit your harder each time.

AIDS only effects you slowly and gradualy and finally puts you down when you are old anyways, and Tuberculosis is something only people get when they can affort to fly in an Airplane or visit foreign countries. Americanse can't afford to get Tuberculosis, and the sloppy ones get AIDS, but Lyme Disease is forever.

Re:it should go to tuberculosis, not HIV (3, Informative)

Godai (104143) | more than 2 years ago | (#38844733)

A thousand children are born every day with HIV. There 2.5 million children with AIDS at the end of 2009. How easy was it for them to avoid it?

Your attitude isn't far wrong as a Western perspective, but the truth is AIDS is pretty rampant in other parts of the world (particularly Africa). Over there, culture & religion are huge roadblocks to stopping the spread, which means there is a great deal of 'collateral damage' to people who you'd think would be safe (children, spouses, etc.).

Whatever you think, 1.9 million people died in 2009 from AIDS, while 1.7 million died from tuberculosis. Not that tuberculosis isn't a fine target for money too, I just think its too facile to dismiss AIDS as 'easy to avoid' and therefore not worth pursuing.

Re:it should go to tuberculosis, not HIV (0)

Anonymous Coward | more than 2 years ago | (#38844793)

Not true. (I am naturally immune to TB).

HIV causes allot of trouble in the 3rd world. (Through no fault of there own).

No reason for Gates to do anything for the First World.

(TB only causes trouble for stupid people in the first world who won't get vaccinated).

If you have a big TB problem you can vaccinate. No vaccine for HIV.

I think he is making the right choice (No way he should help the selfish First World that I am a part of).

Re:it should go to tuberculosis, not HIV (0)

Anonymous Coward | more than 2 years ago | (#38844957)

Not true. (I am naturally immune to TB).

This guy just tore up his humanity membership card...DEESAPEER KHEEM!

Re:it should go to tuberculosis, not HIV (1)

PCM2 (4486) | more than 2 years ago | (#38844861)

It is going to TB, at least partly. TFA references "the troubled global AIDS fund," but it later goes on to explain that the actual name of the fund is The Global Fund to Fight AIDS, Tuberculosis, and Malaria (another important disease).

Yet Another Bill and GSK Collaboration..... (-1, Troll)

segedunum (883035) | more than 2 years ago | (#38844589)

Bill and his foundation and GSK did that whole malaria vaccination thing where they needed to buy the medicine and keep taking it along with the vaccination. Why cure someone when you can dip your hand in the scam that is the WHO?

Leopards do not change their spots and this is not philanthropy, be in no doubt.

Re:Yet Another Bill and GSK Collaboration..... (0)

geekoid (135745) | more than 2 years ago | (#38844799)

You're an ignorant bastard. Please stick to things you know..although after reading your blog I can't imagine what that would be.

Re:Yet Another Bill and GSK Collaboration..... (0)

segedunum (883035) | more than 2 years ago | (#38845085)

You're an ignorant bastard. Please stick to things you know..although after reading your blog I can't imagine what that would be.

Thanks for giving me the biggest laugh all day and for tackling the parent head on and demonstrating your extensive knowledge on the subject at hand.

After reading your blog I think we can all now clearly see see the hand in the cookie jar........... Cheers.

Re:Yet Another Bill and GSK Collaboration..... (0)

Anonymous Coward | more than 2 years ago | (#38844801)

Care to cite a source, or is this just more conspiracy FUD?

Re:Yet Another Bill and GSK Collaboration..... (0)

Anonymous Coward | more than 2 years ago | (#38845039)

This is pretty spot on. GSK don't make money curing people. GSK make money keeping people on drugs. Search for "paroxetine" for GSK's average approach to things.

Re:Yet Another Bill and GSK Collaboration..... (0)

Anonymous Coward | more than 2 years ago | (#38845093)

The Who are a scam you say. Have you even heard 'won't be fooled again' they predicted exactly what Obama would do some 20 year before he did it. Don't even get me started on Barack Obama... I mean Baba O'riley.

Nice, But Show Me Results (0)

Anonymous Coward | more than 2 years ago | (#38844615)

Throwing $5bn didn't show much improvement in education [slashdot.org] , are we going to see the same lack of results here?

While the contribution is large (and a nice gesture) we need to make sure it's properly used rather than just consumed.

These people want their lives, not money that doesn't grow into fruition.

That's a lot of money donated for nothing. (0)

Anonymous Coward | more than 2 years ago | (#38844647)

what have they been doing with the funds? Nothing. no results to speak of, only a bunch of corruption allegation.

Sad Day (0)

atrowe (209484) | more than 2 years ago | (#38844663)

R.I.P Juan Epstein [slashdot.org]

Re:Sad Day (0)

Anonymous Coward | more than 2 years ago | (#38845449)

how did he die

Yeah right (-1, Flamebait)

jason777 (557591) | more than 2 years ago | (#38844755)

Bill Gates already said he is for reducing world population via vaccines. Why am I to think this is to help "save" lives? http://www.naturalnews.com/029911_vaccines_Bill_Gates.html [naturalnews.com]

Re:Yeah right (2)

bkaul01 (619795) | more than 2 years ago | (#38845025)

He didn't say that vaccines reduce population. He said that the sociological effects of a more healthy and wealthy population include reduced population growth. Due to a variety of factors this is true. I don't necessarily agree that population growth is in itself a negative thing we should be working towards reducing, but the context in which he mentioned it was as a downstream consequence of a healthy population that has escaped widespread poverty, not as a direct effect of the vaccinations.

Re:Yeah right (0)

Anonymous Coward | more than 2 years ago | (#38845087)

I got about 1/3rd of the way through that before realizing what kind of place that is. Please mod Parent down.

Vaccines are not deadly conspiracies perpetuated by rich geniuses, and it's deeply embarrassing that Parent has been modded +1. Shame on you, /.

He can't win (4, Insightful)

jholyhead (2505574) | more than 2 years ago | (#38844785)

Bill Gates could literally cure cancer, eradicate AIDS and make Malaria piss itself and people would still be giving him grief about Windows, IE6 or ripping off Apple.

Re:He can't win (1)

twotacocombo (1529393) | more than 2 years ago | (#38845579)

Bill Gates could literally cure cancer, eradicate AIDS and make Malaria piss itself and people would still be giving him grief about Windows, IE6 or ripping off Apple.

I don't really think he's doing it to win. I also don't think he really gives a shit what people think about about the above mentioned 'sins'. If I had so much money that I could give three quarters of a BILLION dollars to charity and still have enough left over to pack a car completely full of $100 bills, I think it's far past the point of needing to prove myself to anybody.

Blood money (-1, Flamebait)

IGnatius T Foobar (4328) | more than 2 years ago | (#38844791)

Yes, it's great that Gates gave $750M to charity, but this does not legitimize the means by which he made his money.

Re:Blood money (1)

jholyhead (2505574) | more than 2 years ago | (#38844831)

He has given a lot more than $750m to charity and that kind of generosity can pay for an awful lot of forgiveness.

Re:Blood money (0)

Anonymous Coward | more than 2 years ago | (#38844895)

this does not legitimize the means by which he made his money.

...Nor does it have to, because the means by which he amassed his fortune are already quite legitimate. Except here in Slashdot land and perhaps in butthurt OWS refugee camps.

Re:Blood money (1)

Revotron (1115029) | more than 2 years ago | (#38845021)

I'm sure he's just dying to throw a few hundred million out to beg for your forgiveness for his commercial success. Right after he finishes helping Ballmer's kids set up their iPods.

Re:Blood money (1)

ArchieBunker (132337) | more than 2 years ago | (#38845043)

Weak troll. But to answer yes I did have to step over the piles of limbs in Redmond that were hacked from children. Oh wait he sold software not diamonds. My bad.

Re:Blood money (2)

SuiteSisterMary (123932) | more than 2 years ago | (#38845077)

By being a shrewd businessman with foresight, vision, and the ability to change direction when needed?

Ah, the US of A: Be sucessful, but not too successful.

Alternate headline (-1)

Anonymous Coward | more than 2 years ago | (#38844991)

Bill Gates worth 55 billion 250 million dollars.

If he'd devoted his money to significant AI... (0)

gestalt_n_pepper (991155) | more than 2 years ago | (#38845113)

...we'd get the cure for AIDs as a trivial side effect of artificial intellgience development. Oh wait, that would have required imagination! What was I thinking?

Re:If he'd devoted his money to significant AI... (0)

Anonymous Coward | more than 2 years ago | (#38845585)

...we'd get the cure for AIDs as a trivial side effect of artificial intellgience development. Oh wait, that would have required imagination! What was I thinking?

What is this I don't even...

Seriously, you are knocking the guy for donating money to fight a problem rather than donating his money to further theoretical research that could, maybe, someday, possibly, sort of, develop a solution. AI may do great things some day, sure. But what you are saying is the equivalent to "Boo on all the folks that are fighting pollution and climate change, instead we should be spending all that money on developing space colonies because then we won't have to worry about this planet." Working on AI that MIGHT someday down the road help means the millions of people that are RIGHT NOW being infected with and dying from AIDS are being ignored. That's some amazing "imagination" you've got...

borg (0)

Anonymous Coward | more than 2 years ago | (#38845151)

If I gonna be a borg, let me be Bill's borg!

Jeeeez (0)

Anonymous Coward | more than 2 years ago | (#38845251)

Given the intellectual level here -- I'm wondering, do sites ever get "slash-dotted" anymore?

Hadn't been here for many years, got here through an old bookmark -- housecleaning is in order. Pity, really.

gates et al (1)

johnvile (2560845) | more than 2 years ago | (#38845291)

Whilst I Lord the achievements of Gates Et Al. I do find this level of charity disturbing. It highlights the unprecedented and frankly monstrous levels of inequity in our "Civilized" world. I look forward to the day when no one ever need to give to Charity or want for it.

dVoll (-1)

Anonymous Coward | more than 2 years ago | (#38845299)

of the warring *BSD is 3ead. To happen. My

remember (0)

Anonymous Coward | more than 2 years ago | (#38845321)

he's being philanthropic with YOUR money - the scumbag!

Why only AIDS? (2, Insightful)

Skylax (1129403) | more than 2 years ago | (#38845345)

Man, with that kind of money you could probably fund almost all experiments currently running in the world.
I mean think about it, with the exception of large scale experiments like Tevatron or LHC, Bill Gates could fund almost the entire physics research currently active in the world.

I wonder why he is so focused on curing AIDS, when he could practically double the world research output in all other fields? It seems to me, that this could have much larger impact on a larger group of people.
I mean Africa is a fucked up place with or without AIDS, Malaria and so on (which are just syptoms of more complex socio-economic problems). You can probably dump billions of dollars in this continent, and all you'd get in return is more powerful warlords, more intensive and brutal ethnic/religous conflicts and a few very rich people, who get a little richer.

Re:Why only AIDS? (1)

Skylax (1129403) | more than 2 years ago | (#38845465)

Damn, first line should be: ...fund almost all <insert your research area> experiments currently running...

Re:Why only AIDS? (0)

Anonymous Coward | more than 2 years ago | (#38845543)

He isn't just going after AIDS. TB, Polio, and especially Malaria have all been targets of research funded by the BMGF.

You saying Africans aren't worth the effort?

Bill's Open Letter: (1)

Anonymous Coward | more than 2 years ago | (#38845371)

More information concerning monetary efforts by Gates can be found here: 2012 Annual Letter from Bill Gates [gatesfoundation.org]

It's not just AIDS that he's donating to, but crop research, polio, education, and other areas as well.

You Know... (1)

Kamel Jockey (409856) | more than 2 years ago | (#38845545)

How much of this money actually goes towards research? You'd think with the billions of dollars that have been poured into this disease over the past 2 decades there'd be an actual cure by now.
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