Follow The Money

[commienews]

<!--EZCODE LINK START--><a href="http://money.cnn.com/2006/06/25/...tm?cnn=yes" target="top">Source 1</a><!--EZCODE LINK END--><br><br><!--EZCODE LINK START--><a href="http://quote.bloomberg.com/apps/...refer=home" target="top">Source 2</a><!--EZCODE LINK END--><br><br>One week after his first Bilderberg meeting, Bill Gates steps down from Microsoft to focus on his $30 Billion foundation. One week later, Warren Buffett commits an additional $30+ Billion to the Gates Foundation. <br><br><!--EZCODE LINK START--><a href="http://gatesfoundation.org/AboutUs/" target="top">The Gates Foundation focuses on International health and education.</a><!--EZCODE LINK END--><br><br>The remainder of Buffett's money will be divided between foundations run by his three children, and Buffett's own foundation, The Susan Thompson Buffett Foundation. <br><br>The Susan Thompson Buffett Foundation focuses on Pro-choice issues and anti-nuclear-proliferation. They also provide scholarships for selected applicants.<br><br>Of course, Bill's fortune (roughly $50 billion) <!--EZCODE LINK START--><a href="http://money.cnn.com/2006/06/25/magazines/fortune/charity4.fortune/index.htm" target="top">will go to the Foundation also</a><!--EZCODE LINK END-->. That makes the Foundatio - at today's values - woth somewhere around the $110 billion mark. Not to mention the interest.<br><br>There are some dots here that need connecting...<br><br>Are Bill and Warren trying to save America/the Dollar? Do the focuses of the Foundations point towards depopulation, or anti-depopulation? What are these foundations that Buffett's kids run, and what are their missions? I just figured that someone here might want to dig a little... Anyone?<br><br>****[I originally placed this <!--EZCODE LINK START--><a href="http://p216.ezboard.com/frigorousintuitionfrm38.showMessage?topicID=55.topic" target="top">in the Economics section</a><!--EZCODE LINK END-->, but then recognized the possibility (ok, likelihood) that I may be filtering through a fiscal perspective what it is a much larger issue. I moved it here to avoid projecting that filter on your research, and I mention it here to avoid the appearance of double-posting, heh.]**** <p></p><i>Edited by: <A HREF=http://p216.ezboard.com/brigorousintuition.showUserPublicProfile?gid=commienews>commienews</A> at: 6/25/06 7:49 pm<br></i>

[jingofever]

Not likely. He stands to gain money if the dollar falls. Of course, that does not necessarily mean that he wants to see the dollar crash. But it does pay handsomely.<br><br><!--EZCODE AUTOLINK START--><a href="http://www.forbes.com/free_forbes/2005/0110/036.html">www.forbes.com/free_forbe...0/036.html</a><!--EZCODE AUTOLINK END--> <p></p><i></i>

[Rigorous Intuition]

Thanks for posting this; i've been wondering tonight what to make of Buffett's announcement. I still don't know, but something needs to be made of it.<br><br>And welcome to the board. I see you wanted initially to post in the "Economics" section, but that's actually part of the archives. The active, general discussion goes on here. <p></p><i></i>

[commienews]

<!--EZCODE QUOTE START--><blockquote><strong><em>Quote:</em></strong><hr>Not likely. He stands to gain money if the dollar falls. Of course, that does not necessarily mean that he wants to see the dollar crash. But it does pay handsomely.<br><br>www.forbes.com/free_forbe...0/036.html<hr></blockquote><!--EZCODE QUOTE END--> <br><br>You are right on the money, jingofever (no pun intended).<br><br>I just spoke with a resource in the financial world who assured me that an influx of US dollars of that magnitude will ensure that a demand-crashing supply will be available on the international market. She further pointed out that, at the rate Russia is trading in US dollars for gold, the cash infusion from the Gates foundation - as contractually required by Buffett - is certain to drop the value of the US dollar by at least 25%.<br><br><!--EZCODE LINK START--><a href="http://www.marginalrevolution.com/marginalrevolution/2005/01/the_ol_dollar_i.html" target="top">Then, of course</a><!--EZCODE LINK END-->, there's always <!--EZCODE LINK START--><a href="http://wnd.com/news/article.asp?ARTICLE_ID=42687" target="top">Buffett's and Gate's</a><!--EZCODE LINK END--> recent <!--EZCODE LINK START--><a href="http://forum.tradesports.com/eve/forums/a/tpc/f/287103657/m/376108948" target="top">warnings</a><!--EZCODE LINK END--> about the "ol' dollar"... (not to mention <!--EZCODE LINK START--><a href="http://www.mises.org/fullstory.aspx?Id=1688" target="top">China's</a><!--EZCODE LINK END--> and <!--EZCODE LINK START--><a href="http://www.energybulletin.net/7707.html" target="top">Iran's</a><!--EZCODE LINK END--> recent <!--EZCODE LINK START--><a href="http://www.infowars.com/articles/economy/iranian_oil_bourse_opens_for_business.htm" target="top">actions</a><!--EZCODE LINK END-->)<br><br>This really helped get me up to speed:<!--EZCODE LINK START--><a href="http://malakandsky.blogspot.com/2006/05/iranian-oil-bourse-for-dummies.html" target="top"> Iranian Oil Bourse for Dummies</a><!--EZCODE LINK END--> <p></p><i></i>

[heyjt]

So Buffet shelters his money and Berkshire-Hathaway bets against the Dollar. Now he's in with Gates.<br> Preparing a firewall against the next great depression?<br>Remember, Buffet was hosting a huge meeting of top CEO's (some who should have been in their desks at the World Trade Center) at Offut A.F. Base on 911, Which is where they Flew Bush after the Florida classroom incedent... <p></p><i></i>

[commienews]

This article: <!--EZCODE LINK START--><a href="http://msnbc.msn.com/id/13556127/" target="top">"'Venture philanthropy' is new buzz in business"</a><!--EZCODE LINK END-->, brings "about a dozen Google gazillionaires" and their "intensely private" foundations into the mix. <br><br>As we all know, <!--EZCODE LINK START--><a href="http://quote.bloomberg.com/apps/news?pid=10000103&sid=a6SfX_o4QAsU&refer=us" target="top">the Google boys</a><!--EZCODE LINK END--> are <!--EZCODE LINK START--><a href="http://money.cnn.com/2004/05/01/technology/google_buffett/index.htm" target="top">HUGE</a><!--EZCODE LINK END--> fans of Buffett.<br><br><!--EZCODE LINK START--><a href="http://www.theleftcoaster.com/archives/004397.php" target="top">Research</a><!--EZCODE LINK END--><br><br><!--EZCODE LINK START--><a href="http://www.slate.com/id/2144469" target="top">Saving The World?</a><!--EZCODE LINK END--> <p></p><i></i>

[greencrow0]

Are those 'foundations' charities for tax deduction purposes?<br><br>GC <p></p><i></i>

[commienews]

<!--EZCODE QUOTE START--><blockquote><strong><em>Quote:</em></strong><hr>Are those 'foundations' charities for tax deduction purposes?<hr></blockquote><!--EZCODE QUOTE END--><br><br>Yes. Although with different benefits depending upon their specific status (private or public benefit).<br><br>Even if they are for private benefit (like the Susan Thompson Buffett Foundation), some of their tax records (usually 990's) can be found <!--EZCODE LINK START--><a href="http://fdncenter.org/" target="top">here</a><!--EZCODE LINK END-->, and their status <!--EZCODE LINK START--><a href="http://apps.irs.gov/app/pub78" target="top">here</a><!--EZCODE LINK END--> (IRS Pub. 78 ) . The 990's give a comrehensive list of funds recipients with amounts. Publication 78 will state whether they are private or public, foundation or corporation, 501(c)(3) or 508, etc. <p></p><i>Edited by: <A HREF=http://p216.ezboard.com/brigorousintuition.showUserPublicProfile?gid=commienews>commienews</A> at: 6/26/06 4:57 pm<br></i>

[greencrow0]

Well....[as the Duke said to his courtiers in 'Amadaeus']...<br><br><!--EZCODE QUOTE START--><blockquote><strong><em>Quote:</em></strong><hr>'That's it, then".<hr></blockquote><!--EZCODE QUOTE END--><br><br>GC <p></p><i>Edited by: <A HREF=http://p216.ezboard.com/brigorousintuition.showUserPublicProfile?gid=greencrow0>greencrow0</A> at: 6/26/06 5:16 pm<br></i>

[Dreams End]

Hey commienews. Thanks for the article. Please don't attempt to post in other "sections" for the following reasons.<br><br>1. They are archives and Jeff is the one who puts them there which leads to...<br><br>2. People won't see them for the most part, unless they are looking for them. <br><br>Thanks for posting. Here I was thinking Gates had simply reassessed his life and wanted to do some good in the world...<br><br>heh. <p></p><i></i>