Democracy Now with Amy Goodman The War on Peace Report:http://www.democracynow .org
The Los Angeles Times has revealed the Bill and Melinda Gates Foundation has made millions of dollars each year...
The Los Angeles Times has revealed the Bill and Melinda Gates Foundation has made millions of dollars each year from companies blamed for many of the same social and health problems the Foundation seeks to address. We speak with the lead reporter on the LA Times investigative team that broke the story. the LA Times investigation reveals the Gates Foundation's humanitarian concerns are not reflected in how it invests its money. In the Niger Delta -- where the Foundation funds programs to fight polio and measles - the Foundation has also invested more than $400 million dollars in companies including Royal Dutch Shell, Exxon Mobil Corp, and Chevron. These oil firms have been responsible for much of the pollution many blame for respiratory problems and other afflictions among the local population.
The Gates Foundation also has investments in sixty-nine of the worst polluting companies in the US and Canada, including Dow Chemical. It holds stakes in pharmaceutical companies whose drugs cost far beyond what most AIDS patients around the world can afford. Other companies in the Foundation's portfolio have been accused of transgressions including forcing thousands of people to lose their homes; supporting child labor; and defrauding and neglecting patients in need of medical care.
Overall, the LA Times says nearly $9 billion in Gates Foundation money is tied up in companies whose practices run counter to the foundation's charitable goals and social mission. And that number may be understated - the Gates Foundation has not provided details on more than four billion dollars in investments it says are loans.
The Gates Foundation refused to talk to the LA Times about specific investments and whether it planned to change its practices. We also contacted the Gates Foundation for comment but we did not get a response.
Charles Piller, the lead reporter on the Los Angeles Times investigative team that broke this story. He joins us from Los Angeles.
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Two sides of the same quarter! Did you noticed that it have been many of these companies asking for donations(in general)to save the poor,and feed the hunger since for ever.How much money(gazillions) invested,and they still in the same crap? Just like banks,insurance companies,irs,churches,casinos ,wallstreet,telemarathons,powe rball,red cross,non profict org,etc.? Is all business as usual.Like a hamster inside the wheel!
It's widely known that Bill Gates in trying to control the birth rate in third world African countries. Most people agree with this. They're already overpopulated.
I remember the images show of the houses that caught on fire and the huge billow of smoke, but that was a accident fire that happened a while ago, not related to those flares mentioned on the report. Why did they use those images? Doesn't make any sense the exploitation of unrelated images to make a point. This is shabby journalism.
Its dishonest journalism, usual for Democracy now. Keep it up dipshits and maybe no one will give to charity. If I was Bill Gates I would be a mad SOB right now . He gives billions and these cocksuckers want to give him shit about it.
Bill Gates is way above people like this and he understands these idiots cannot be what stops him from doing what's right. Damn, nobody should stop doing what's right because of criticism.
@nyguy You're right, but you would have to think if you were Gates and you saw some shit like this you would at least feel somewhat unappreciated. But you're right he probably doesnt listen to morons like this.
I have to take into consideration that he has the chance of visiting those people who benefit from his charities first hand, so when you meet the people you helped and they tell you how their lives improve, it becomes much easier to go ahead and ignore idiots.
You know what I find very telling, that liberals dont give to charity nearly as much as the other side. It's not based solely on money either, they dont give as much time. The far left does so much harm to the people they claim to defend it should be a crime.
Oh yes, liberals don't do anything. It's very warming when I see those guys from the insurance industry, health care dedicating so much to deny claims. Did you see Cheney talking so passionately about saving lives around the world, and helping the poor, and helping serving soup to the homeless. You can always count on Halliburton to save the day. Sigh.
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..........get it ?
You're right, but you would have to think if you were Gates and you saw some shit like this you would at least feel somewhat unappreciated. But you're right he probably doesnt listen to morons like this.