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Forums - General Discussion - I wonder if it would be possible to make Microsoft bankrupt

Legend11 said:
Mummelmann said:
Many people state that especially Bill Gates must be a terrific human being because he donates to charity... Well if you've got one hundred billion dollars (and he had at some point), it's hardly qualifying for saint status if you give half of it away. He still had to butter his bread and sugar his porridge...
Big corporations sometimes donate, as do celebrities, so we'll think higher of them.
That's the only reason they do it, it's not because they're so kind of heart.

I truly hope MS goes bankrupt in the future, I don't like them one bit, and I'm far from the only one!

And yet if he didn't donate billions you'd be bashing him for that. Seriously how could the man win with you? Also how much of your money have you given to charity? Do you sponsor even one child in Africa? He helps millions there. Stop bashing someone who gives away billions of dollars to help millions of people, it's not like he has to do it.


When did I bash Bill Gates? I'm trying to say that people should stop thinking so damn highly of him just because he gave to charity! He was the richest man on earth even AFTER he gave away half his forune, and if he was the benign saint people make him out to be, he'd give even more. Especially if it's all going to charity when he dies anyway (no one cares if they're rich when they're dead...).

So, in conclusion; I'm not saying Bill Gates is a bad man or that his billions don't help, I'm saying he's no frickin saint because of it!

PS: Yes I give to charity, we have over a dozen TV specials every year in Norway when people come to your door carrying a collect box asking for donations. I gave over 70$ to the aid of the survivors after the tsunami a couple of years back at a time when I had around 450$ a month... So yes, I do give. As does the Norwegian government as opposed to the US (the US pays out the same annual sum for 3rd world aid as Norway does, despite the fact that they have an NP over 60 times higher...).



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You cant make microsoft backrupt with charity.



 

mM
leo-j said:
You cant make microsoft backrupt with charity.

 True.



Mummelmann said:
 

So yes, I do give. As does the Norwegian government as opposed to the US (the US pays out the same annual sum for 3rd world aid as Norway does, despite the fact that they have an NP over 60 times higher...).


I'm afraid you're a little ignorant of how charity works in the U.S.  The vast, vast majority of charitable giving is done through private, not public, organizations.  While the U.S. government doesn't contribute the amount per capita to charity that Norway and many other countries admirably give, Americans as a whole are quite generous in this regard.  There was an excellent article about this in The Economist some time ago that I can't seem to find online.



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Mummelmann said:
eab said:
Mummelmann said:
Many people state that especially Bill Gates must be a terrific human being because he donates to charity... Well if you've got one hundred billion dollars (and he had at some point), it's hardly qualifying for saint status if you give half of it away. He still had to butter his bread and sugar his porridge...
Big corporations sometimes donate, as do celebrities, so we'll think higher of them.
That's the only reason they do it, it's not because they're so kind of heart.

I truly hope MS goes bankrupt in the future, I don't like them one bit, and I'm far from the only one!

This is quite possibly the most arrogant post I have ever read. A man donates billions of his own money and saves the lives of millions of people dying of Malaria. He has publically stated that when he dies he only wants his children to inherit a few million of his 60 or so billion dollars.

Now take the Wal-Mart family, every brother, sister, child, grandchild, and newphew was given several billion dollars. Sam Walton made his entire family multi billionaires and they plan to keep all of the money in the family, ensuring that for the next 200 years any member of that family will be able to buy multimillion dollar yachts and never have to work a day in their life. Yet everyone picks on Bill Gates, a man who has a will that says 99.9% of money will go to saving lives.

Money he made I might add. He was born with nothing and plans to leave with a few million. But inbetween he made (from scratch) about a hundred billion dollars and gave most of it away. How many other humans go through their lives acculating money with the final goal to give it away?

If Gates was never born charities would be short billions of dollars and millions would have died. He has saved more lives that Hitler killed. Yet no one seems to care, they are all just mad that he was successful and has more money than them.

50 grand a year is more money than what 95% of the world makes each year. You can't honestly say that if you had a $300,000 a year job you would give away $250,000 every year since "you can still butter your bread and sugar your porridge with 50,000 a year."

Grow up people, seriously. Yes he's very rich but look at the hundreds of other billionairs in the world. Most of whom don't donate a penny.


Well, first off; why would he keep half his fortune if he was as noble as you say? He still had over 50 billion dollars left. If his plan was to give away all his money in the will, why not donate them NOW? If I made 300.000$ a year, I would surely give to charity like all my fellow countrymen (norwegians are the most charitable people in the world), but not 250.000$. That's a strange comparison; if you have 100 billion dollars and give half of it away, then you're still filthy rich, but if I give away 250.000 of 300.000 I'm not even well off here in Norway (average Norwegian makes about 65.000$ a year in todays currency).

I 'm not attacking Bill Gates personally because his rich, I'm protesting this pedestal people elevate him onto because he gave away half his fortune and was still the richest man in the world... That's all.


I think giving it all away now would be bad for several reasons:

  1. If he gave all the money to charity now, they would all be filthy rich and that does not help efficient spending, ive read several articles recently about charities wasting money (not on purpose but jus becouse of poor management)
  2. If his money is invested properly (and i see no reason to assume it's not)he gets massive interest so when he dies the charities wil actually get more money this way.
  3. Why should all the money go to the people that are in need today? There's a good chance that there will not be another Bill Gates in the near future. So by not giving the money now he's also helping the people that are going to be in need in 50 years.
  4. If he gives all his money away today, and next week half of africa is whiped out by some massive disaster, he will not be able to send say 25 billion dollars to repair the damage. But now he still has that option.

Im not saying hes a saint, but he is still the most charitable person in the world, if when he dies he has spent say 1% of his life's earnings (which is a LOT) on insane luxury, can you seriously blame him for that?

So i would say he has earned himself a rather nice pedistal.



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Why would you want Microsoft to go bankrupt? I do prefer having Microsoft lessen its monopoly and lower the price of its OS and Office, yes, but I wouldn't go as far as wishing it to bankruptcy.

Also, you can't blame Bill Gates for the charity thing. It's his money and he can do what he wants. He does do charity, that's a good thing.... Don't forget he has the option to keep all of it to himself....



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elprincipe said:
Mummelmann said:
 

So yes, I do give. As does the Norwegian government as opposed to the US (the US pays out the same annual sum for 3rd world aid as Norway does, despite the fact that they have an NP over 60 times higher...).


I'm afraid you're a little ignorant of how charity works in the U.S. The vast, vast majority of charitable giving is done through private, not public, organizations. While the U.S. government doesn't contribute the amount per capita to charity that Norway and many other countries admirably give, Americans as a whole are quite generous in this regard. There was an excellent article about this in The Economist some time ago that I can't seem to find online.


 Hmm, okay. Makes sense since the market economy rules the US, but I'd still want the government (who boldly claim to wish well for all the poor or oppressed peoples of the world) would give away a bigger slice of the pie. Then again, I'm sure everyone would want everyone to give more.



I can't believe how many people constantly attack Bill Gates' character. He isn't a saint by any means, but to say he's selfish is flat out stupid. The Bill and Melinda Gates foundation donates more money than you could possibly dream of. He doesn't have to do it, but he does. You may not like his XBox or even his OS and other various software, but don't bash the man blindly.



Man I love how the topic got off topic so quickly, (btw Mummelmann, since you are norwegian you probably prefer linux since it was invnted by the Finns, thus explaing your hate for Mr. Gates which is unneccessary and frankly offensive at your hate for a man who gives so much, when you look at other billionaires like Donald Trump who barely gives anything and is dating supermodel girlfriends every other day, a down to earth, even though a little nerdy, Bill Gates is a relief.) The point that Cobretti (the original topic poster if you have forgotten) was trying to make was, what if 100 milliion PS2 owners went you used this IM system forcing Microsoft to give away millions of dollars, would this result in them being bankrupt. The obvious answer is that 100 million people signing on would help Microsoft, because even in the original link it says that the money is being taken out of the advertising revenue. That means when mroe people sign up, there advertising revenue rises creating more profit for them. It like comparing it to Superbowl ads. More people watch the more you have to pay for ads. So even though Microsoft is giving away more, they are making more, thus making this topic pointless because the chances of Microsoft going bankrupt are extrordinarily low.



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Malcom said:
I can't believe how many people constantly attack Bill Gates' character. He isn't a saint by any means, but to say he's selfish is flat out stupid. The Bill and Melinda Gates foundation donates more money than you could possibly dream of. He doesn't have to do it, but he does. You may not like his XBox or even his OS and other various software, but don't bash the man blindly.

 And I can't believe why everyone here thinks I'm bashing Bill Gates. I'm making a statement on people's opinion of him because he donates money.  To me, anyone making billions a year and donating a lot is a realist before anything else. And screw all those rich bastards who don't give anything at all.

As for personality; I think Bill Gates seems like a likeable enough fellow, despite his somewhat distracted being of late. The real moron in MS was Moore, I'm glad he quit.