|
|
| Post Number: 1
|
Leisher 
Top 3%, yo.
Group: Super Administrators
Posts: 26651
Joined: May 2004
|
 |
Posted on: Aug. 26 2014,08:37 |
|
   |
Claims to be fighting poverty and does so with other people's money, yet he's worth $48 billion and makes a lot of his money on a company that goes to great lengths to shelter profit from taxes.
One of my pet peeves is the ultra rich telling "common folk" to pay more in taxes and give more in charity while they clutch to their money for dear life.
|
 |
|
|
| Post Number: 2
|
|
|
| Post Number: 3
|
Leisher
Top 3%, yo.
Group: Super Administrators
Posts: 26651
Joined: May 2004
|
|
Posted on: Aug. 26 2014,09:47 |
|
 |
As the article points out, his foundation does a lot of campaigning for taxpayer money to be spent on poverty solutions. It's not like his foundation is cutting checks everywhere.
Also, it's been pointed out in the past that he and his wife run and own the foundation. It's THEIR foundation. So don't be too impressed with the $28 billion figure until it's spent.
And keep in mind, he still has $48 billion, which is growing each year. If he's so concerned with poverty, he could do more than just talk about it.
|
|
|
|
| Post Number: 4
|
TheCatt
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
|
|
Posted on: Aug. 26 2014,10:33 |
|
|
The company has a legal obligation to its shareholders (all of them, not just Bill) to do everything it can to minimize taxes and maximize return to shareholders.
I have no issue with his behavior. Stupid article based on the headline, didnt read more.
--------------
It's not me, it's someone else.
|
|
|
|
| Post Number: 5
|
Leisher
Top 3%, yo.
Group: Super Administrators
Posts: 26651
Joined: May 2004
|
|
Posted on: Aug. 26 2014,10:50 |
|
|
QUOTE The company has a legal obligation to its shareholders (all of them, not just Bill) to do everything it can to minimize taxes and maximize return to shareholders.
Does the legal obligation permit them to commit illegal or unethical behavior? Just curious where you land on that, although feel free to separate them. I think it's unfair to group those two distinctions.
QUOTE I have no issue with his behavior.
I do, but only because I think he's full of shit.
Plus, nobody with that much money should have hair that bad.
|
|
|
|
| Post Number: 6
|
|
|
| Post Number: 7
|
Troy
Group: Privateers
Posts: 3857
Joined: Jun. 2004
|
|
Posted on: Aug. 26 2014,11:19 |
|
|
Catt dropping fiduciary duty in a Bill Gates thread. I love.
|
|
|
|
| Post Number: 8
|
TheCatt
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
|
|
Posted on: Aug. 26 2014,11:35 |
|
|
I love some fiduciary duty, yo.
--------------
It's not me, it's someone else.
|
|
|
|
| Post Number: 9
|
GORDON
90%
Group: Super Administrators
Posts: 36125
Joined: Jun. 2004
|
|
Posted on: Aug. 26 2014,11:58 |
|
|
Get a room.
--------------
I don't give a fuck!
|
|
|
|
| Post Number: 10
|
TheCatt
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
|
|
Posted on: Aug. 26 2014,13:46 |
|
|
(Leisher @ Aug. 26 2014,13:50)
QUOTE QUOTE The company has a legal obligation to its shareholders (all of them, not just Bill) to do everything it can to minimize taxes and maximize return to shareholders. Does the legal obligation permit them to commit illegal or unethical behavior? Just curious where you land on that, although feel free to separate them. I think it's unfair to group those two distinctions. QUOTE I have no issue with his behavior. I do, but only because I think he's full of shit. Plus, nobody with that much money should have hair that bad.
illegal: No, unless the cost of the illegal behavior < than the benefits. 
unethical: sure.
--------------
It's not me, it's someone else.
|
|
|
|
| Post Number: 11
|
Leisher
Top 3%, yo.
Group: Super Administrators
Posts: 26651
Joined: May 2004
|
|
Posted on: Aug. 26 2014,13:56 |
|
|
It's not good that we're blowing off unethical like it's a minor inconvenience.
Meanwhile, Bill and whatever the name is of the chick that married him just gave $1 million from their foundation towards gun control.
So yeah, "fighting poverty"...
|
|
|
|
| Post Number: 12
|
|
|
| Post Number: 13
|
|
|
| Post Number: 14
|
Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
|
|
Posted on: Aug. 26 2014,20:26 |
|
|
QUOTE Insane = sharia law.
Sharia law reminds us why tradition needs to be obliterated. Â Absolutely sucks for the people living under it unwillingly. Â I'd be rebelling or dead in such a place.
QUOTE Dishonest = the republicans and democrats making money hand over fist creating legislation that favors their campaign contributors.
New idea to keep them honest:
1) Set a threshold, we'll say a greater than 50% disapproval rating and less than a 50% approval rating. Â Any voter can update this status daily on some website or through some app.
2) Any legislator at the federal or state level is subject to reelection every single time the threshold is reached, no limit. Â Booting occurs after X number of times. Â Not sure. Â Thinking three sounds right, in honour of the dumb-ass "Three Strikes" laws.
That ought to make it im-fucking-possible to focus on reelection. Â You're burying yourself the more you don't do your job.
Edited by Malcolm on Aug. 26 2014,20:30
--------------
Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
|
|
|
|
| Post Number: 15
|
Leisher
Top 3%, yo.
Group: Super Administrators
Posts: 26651
Joined: May 2004
|
|
Posted on: Aug. 27 2014,05:54 |
|
|
QUOTE Yeah... the problem with making ethics mandatory is that somewhere you will have a person or committee deciding what is ethical, and more likely than not this person will be insane, or dishonest as fuck.
I never said anything about making them mandatory.
I see ethics as less than something the law makes you do, but more something you make yourself do like holding onto garbage and throwing it away when you get home instead of tossing it out your car window.
I also don't consider any part of Sharia law to be ethics based. That's a bad example. To those that follow it, those are the law. (It's right there in the name.)
Ethics can be discussed, and should always be flexible.
At the end of the day, it's about doing what's right. Should every company based in the U.S. and who makes a majority of their profits in the U.S. be doing things to hurt the U.S. economy? Are you really serving your stockholders when you take shortcuts to boost your bottom line by a pinch, while hurting the overall economy of where they live? (And please understand, I'm pretending here that the U.S. government is competent and isn't wasting those tax dollars.)
I think everyone on these forums don't want additional laws, and in fact, want fewer laws, wouldn't encouraging more ethical behavior from both people and corporations serve that goal?
|
|
|
|
| Post Number: 16
|
Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
|
|
Posted on: Aug. 27 2014,06:41 |
|
|
QUOTE Ethics ... should always be flexible.
What? Â You want ethics, except when you decide to flex them enough to bend over backwards?
QUOTE ...but more something you make yourself do like holding onto garbage and throwing it away when you get home instead of tossing it out your car window.
Still the law. Ethics might be what makes you recycle instead of tossing aluminum cans. As I've said before, "ethics" is pretty much what you can wake up and live with the next morning.
Edited by Malcolm on Aug. 27 2014,06:45
--------------
Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
|
|
|
|
| Post Number: 17
|
Leisher
Top 3%, yo.
Group: Super Administrators
Posts: 26651
Joined: May 2004
|
|
Posted on: Aug. 27 2014,07:26 |
|
|
(Malcolm @ Aug. 27 2014,09:41)
QUOTE QUOTE Ethics ... should always be flexible. What? Â You want ethics, except when you decide to flex them enough to bend over backwards? QUOTE ...but more something you make yourself do like holding onto garbage and throwing it away when you get home instead of tossing it out your car window. Still the law. Â
No. You're trying to take things too literally to fit your stance.
Who gives a shit if there's a law about throwing a gum wrapper out a window? Apparently nobody. I've cleaned up the side of roads for years with two different companies, and people throw out everything. And yeah, ethics would apply to whether or not you should be ignoring laws.
A guy recently ordered a comic book and was shipped Amazing Fantasy #15 by mistake. He immediately contacted them to correct the error. Ethics.
And of course they have to be flexible. Not so you can bend them for your own gain...interesting that's where you go first...but because society and our knowledge of the world is constantly changing. That means our behavior may need to change along with it.
Do we really need to have a debate at this level? Seriously? That's how nit picky we've become? It's like fucking Congress around here. Law or not, we should expect a certain level of behavior from people and corporations. That behavior shouldn't be: "Who gives a fuck! Me! Me! Me!"
|
|
|
|
| Post Number: 18
|
Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
|
|
Posted on: Aug. 27 2014,08:51 |
|
|
QUOTE Law or not, we should expect a certain level of behavior from people and corporations.
Civilization has spent the last few thousands years arguing about that "certain level." Â Nitpicky indeed.
QUOTE He immediately contacted them to correct the error. Ethics.
I wonder where his ethics would have gone if he needed to sell that fucker to cover a debt somewhere. It's a fuckload easier to be "ethical" with a comparatively comfier existence.
Edited by Malcolm on Aug. 27 2014,08:52
--------------
Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
|
|
|
|
| Post Number: 19
|
Leisher
Top 3%, yo.
Group: Super Administrators
Posts: 26651
Joined: May 2004
|
|
Posted on: Aug. 27 2014,10:37 |
|
|
QUOTE Civilization has spent the last few thousands years arguing about that "certain level." Nitpicky indeed.
Yep, and that's why it needs to be flexible.
Nobody said this shit was easy.
QUOTE I wonder where his ethics would have gone if he needed to sell that fucker to cover a debt somewhere. It's a fuckload easier to be "ethical" with a comparatively comfier existence.
Who cares? Look at it for what actually occurred instead of what could have been if only the guy's life was a bit shittier.
Besides, the original point of this was about a company that makes billions in profits annually, so I think they're doing ok too.
|
|
|
|
| Post Number: 20
|
|
|
|
|
|
|
|
