A tale of two words:
Warren Edward Buffett (born August 30, 1930) is an American investor, businessman and philanthropist.
buffet:
1. A large sideboard with drawers and cupboards.
2. a. A counter or table from which meals or refreshments are served.
b. A restaurant having such a counter.
3. A meal at which guests serve themselves from various dishes displayed on a table or sideboard.
Why do I bring this up? Because I don’t want my readers to make the same mistake that the editors of the Chronicle made — misspelling the name of the world’s second richest man. Seven times.
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A man that rich could easily call himself something simple so there would be no room for mis-spelling.
And you expect something better from the Comical? Warren Buffett’s billions will go to the Bill Gates Foundation (read very liberal foundation) to fight aids, poverty, etc. Simply liberal views and liberal solutions. All that money wasted! Sheesh!
there’s nothing wrong with private people tossing money at those problems if they think they can make a difference.
It only sucks when governments do it, because they’re taking money from their people under threat of force, and using that money to enrich themselves, consolidate their power, or buy votes.
Al
#3
You are absolutely right. I just hate those Buffett Billions being spent on such a frivilous and meaningless endeavors.
#3 actually you are incorrect. injecting money or goods of any sort into such a broken economy does not help.
For instance, if you give away food, the farmers cannot sell thier goods and they go bankrupt and become dependent on food handouts themselves.
If you give medicine, the doctors go out of biz.
if you give clothing, the weavers and the seamstresses and tailors go out of biz.
if you just give money the local warlord takes it.
Charity groups usually do not think about the larger effect they have on the local economy, they end up leaving the people worse off than they were before more often than not.
Rorschach
#5
We are coming to the same conclusion on how these moneys are spent. That is why I hate to see these billions being spent on these “projects,” that have failed so many times in the past. Why should billions be spent on aides? Or poverty where the U.S. has already spent trillions of taxpayer dollars to “fight this war.” Most countries, including Africa, know where aides comes from; they know how to prevent aides, yet, they just want more money thrown at them (much of which is not going to the “fight on aides.” Why throw more money (I don’t care if it is civilian funded).
Everybody has missed this big time. Buffett is giving his money to these Liberal foundations so he doesn’t have to give it to the US Gov in inheritance taxes.
if charities really wanted to help fix the world’s broken third world economies, they would do so much better by hiring an army and invading and cleaning the corruption out and installing thier own puppet government and moving on to the next corrupt cess pool. there is no reason why governments have the sole right to do this, corporations or charitable organizations should be able to as well. If Bill gates really wanted to help, he could invade, oh, I don’t know, sudan or swaziland or some place like that and turn it into a first world civilization in under a decade and within 25 years, after enough of the populace has been educated, they could do all thier code writing there. Exxon Mobil could invade Nigeria and Equatorial Guinea. The NAACP could invade Liberia. The biggest stumbilng block that Africa and the Middle East has in becoming modern civilizations is the obsolete concept of “tribes” that has existed for millennia. Every tribe is at constant war with every other tribe. Alliances between tribes are for convienince only, as soon as the convinience is gone they are back at it again with renewed fervor. young girls are the primary medium of exchange and political power. they are bought sold and bartered for alliances and power. Marriages have nothing to do with love or attraction and often the participants have no choice in the matter. Girls are sexually mutilated to prevent them from ever being able to enjoy the act of sex. IMHO, there is nothing, absolutely NOTHING worthwhile about thier culture that is worth trying to save.
Note to self. Dont stand near Rorschach at the NAACP convention or New Black Panthers meetings.
Bill & Warren both seem to like Planned Parenthood and abortions - http://www.lifenews.com/nat2369.html
Rorschach
#8
I agree! And any money going to these countries will be redirected to the dictators thereof or other regimes in power, not the people. Libs are just too blinded to see that.
HomerJ
#10
Gates and Buffett are big time liberals. Everyone thinks Buffett is so generous giving billions of his fortune away, but it is all going to bleeding-heart liberal causes. From a conservative point of view, it is just such a waste!
BTW, $31 Billion to Buffett is like $1,000 to a millionaire. Chump change.
I agree that Gates and Buffett are spending way too much on aiding third-world foreign governments. Why not give the money to people here in this country through charitable means (ensure there is accountability) who suffer from catastrophic illnesses who have no health insurance, etc.? The leaders of almost all of those foreign nations usually take the funds for their own gain and dictatorship governments and the people suffer even more.
vlou
#12
Answer is easy! Gates and Buffet are liberals. They would rather help someone in Africa than in their own country (which we all know, to liberals, is baaaaadddd).
Neocon
#14
Before you go slamming Bill Gates on his charitable works take a moment and read just exactly what he has done. You will find he does lots here in the states.
http://www.gatesfoundation.org/default.htm
i don’t know about Buffett, but Gates has already done enough for Americans.
His company has created more millionaires than any other company, his products help make the world work more efficiently, thus raising our income levels.
Yah.. Like Rorschach said, I think he would be better off hiring an army and invading those countries, rather than tossing his money at the symptoms (and ignoring the problem)
The way I look at it, most of the time money given to these third world countries winds up in the pockets of the chief or the autocrats running the country and barely any of it to help the intended victims. Ditto for the crooked charities. There is very little of a a trickle down effect!
Squawk, why is giving stuff away in the states any better than giving it away in Somalia? You still end up with people addicted to Government Cheese.
BTW, in your #2 there Neo, given that the original thread was about a serial mispelling, I suppose it is only fair to let you know that the proper acronym is AIDS not aides. It stands for Aquired Immune Deficiency Syndrome. It was named before HIV (Human Immunodefficiency Virus)was actually discovered. Syndromes are usually coined when the exact cause is generally unknown, but a cluster of symptoms appear in multiple patients.
Spellcheck can really screw you up sometimes.
#9, Gregg, it is often a good idea not to stand near me in such situations. I do not suffer fools and idiots gladly.
Ror
#19
I know what it stands for. I mispelled it. Give me a freakin’ break!
#21, Neo, calm down, I was just ribbing you a bit there. My point was that it is equally possible that the Chronicle’s goof could have been an inattentive editor relying a bit too much on the spell check to catch stuff.
Hey Rorschach,
Since you are an officially empowered LST contributor type guy, whassup w/ no OC thread this a.m.?
PS,
Don’t make me sic Benzene on you bunch of slackers.
:->
Dude, good catch, I had not noticed. David and/or Squawk and/or Matt have a means to post threads weeks in advance if they choose with a timer so that they pop up when they want them. This is usually how they handle the advert insert and the OC thread (you just thought David got up that early!). Us mere collaborators don’t quite have the same sort of power over the horizontal and the vertical. Our posts pop up when we get around to writing them. In fact, if we start a draft last week, but don’t finish it until today, then it doesn’t turn up in the stream of consciousness today, it turns up as if I wrote it last week. I see Squawk has rectified the oc situation now. Enjoy!
Let’s get back to Al #3. He hit the proverbial nail on the head. It is much more efficient to send private dollars somewhere to help a situation because more accountability is there. Does anyone really think that Bill writes a check to some 3rd world country? No, he buys goods and sends them.
It was said in another post (#5, Rorshach) that giving away food hurts farmers. Question, where did the food come from? It was bought from a farmer. With money. How did that hurt him? Same with drugs and other items. This stuff is sent where there is none. When people are starving, it is painfully obvious that the farmers can’t produce enough. What is our alternative, let them die?
(Did I violate a rule by responding to two posts in one? If so, sorry)
Mikey, that food is imported from elsewhere and then given away. Nobody can compete selling a commodity that somebody else is giving away in your market. It is not bought locally, there isn’t enough to buy usually.
How do we help them? I thought I made it clear how i thought it should be done, weren’t you paying attention? the problem is univerally one of bad governments. and bad governments usually (but not always) are due to the tribes issue. solve those, and the economy will fix itself. you’ve got to burn the cancer out in order to save the patient and even then sometimes the patient dies anyway. and there is a LOT of cancer in the african economies.