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(Seattle Times)   Paul Allen gives away his $13.5 billion fortune to the lazy and shiftless minorities dragging America down into the gutter. Thanks for ruining our country, pal   (seattletimes.nwsource.com) divider line 92
    More: Cool, cognitive sciences, combined sewer, Melinda Gates, funding agencies, philanthropy, local community, tuberculosis, Vulcan  
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17410 clicks; posted to Main » on 16 Jul 2010 at 10:18 AM (4 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2010-07-16 10:59:34 AM
grinding_journalist: NightOwl2255: StarshipPooper: What would I do? How about I walk away from the money?

Well, as long as you have a plan to help, fark them billionaires that are creating the largest charitable pool in history.
Hell, Paul should build the largest ship in the world for a few billion and power it by burning hundred dollar bills.

Doesn't he already own a superyacht with its own helicopter and submarine that deploys out of a sub pen within the ship? Or is that some Arab oil billionaire? Thought I read about that in Forbes or something linked thru Fark a while back.


Yeah, but it only cost $500 million. And its powered by normal fuel. He's not wasting his money near fast enough.
 
2010-07-16 11:00:52 AM
Biv: How about he toss me some of that shiate instead of giving it to research that wont do dick. I don't need alot. Just enough for a low end new car. Something automatic, I live in Seattle and the hills are murder on manuals. Got some medical concerns that need taken care of. Maybe an HD tv? That's it. Is that so much to ask?

Oh. Lord.
Won't you buy a Mercedes Benz
My friends, they drive Porsche's
I must make amends.
 
2010-07-16 11:02:32 AM
Came for the liberal haters who have to believe the rich are evil.

Leaving satisfied.
 
2010-07-16 11:05:04 AM
Allen's old friends Bill and Melinda Gates, along with investor Warren Buffett, recently challenged America's uber-rich to pledge at least half their wealth to charitable pursuits. Allen, 57, said he has planned to do that for many years but had not gone public with his intentions until now.

The death tax is about to go back to 55%, so if you don't want to give away half your money, the government will just take it from you anyway, you plutocratic bastards.

Eat the rich.
 
2010-07-16 11:07:56 AM
jim_paul: In looking over this thread thus far that so many here are actually criticizing this guy for not doing enough.

Really? The guy gives away billions upon billions of dollars, and your answer is "Yeah, but he's got more."

THIS is why no one will ever take you seriously about anything you have to say.

Instead of saying "That's awesome. Way to go!", you're seriously going to criticize the guy for doing this?

For everyone who has even an ounce of criticism: FARK YOU


You may not take them seriously, but you should. Because they are dead serious, and they represent a growing segment of society that hates anyone wealthier than they are with SUCH a passion that there is literally no amount of philanthropy that would satisfy them...they want it all, or better yet, they want a system where no one can achieve that much success to begin with.

People forget how things used to be when monarchs ruled. High taxes, no incentive for the peasant to succeed, no property rights, etc. And we lived that way because people were weak, they needed a king to tell them what to do, regardless of how miserable it was. Only a few truly wanted the responsibility that comes with freedom. Those people came here, to the new world.

Unfortunately, that trait of self-reliance has been bred out of us, and we're heading back to a time where people would rather be ruled than be free, as evidenced by the large percentage of people that hate success.
 
2010-07-16 11:09:23 AM
Is this the thread in which Farkers complain about people donating billions of their own money to good causes?

/ "They are just doing it for tax purposes! We don't want their stinkin' money!"
// No offense, but the money they donate likely will do orders of magnitude more good for this world than the money you, your family, and your friends will donate
 
2010-07-16 11:13:12 AM
But...but... he's from Micro$oft. They are a bunch of evil money grabbing bastards! Steve Jobs told me so!!
 
2010-07-16 11:14:25 AM
HarpuaMM: /oblig

this is the first thing i thought of.
 
2010-07-16 11:17:52 AM
evilkalla: Medical and other technology-based research projects are not typically run by the lazy, or shiftless minorities, subby.

This. And republicans give money they made, democrats like to give away other people's money there subby.
 
2010-07-16 11:20:08 AM
StarshipPooper: FTA:

Allen's old friends Bill and Melinda Gates, along with investor Warren Buffett, recently challenged America's uber-rich to pledge at least half their wealth to charitable pursuits. Allen, 57, said he has planned to do that for many years but had not gone public with his intentions until now.

LOL, like that will happen.


Bill Gates and Warren Buffet both made similar pledges this year.
 
2010-07-16 11:25:47 AM
jim_paul: Instead of saying "That's awesome. Way to go!", you're seriously going to criticize the guy for doing this?

For everyone who has even an ounce of criticism: FARK YOU


It's a common response. People are largely selfish. They don't see the direct benefit to new Alzheimer's therapies or new treatments for infectious disease (Gates). They just wish they could peel off $1 (or 2) million of that dough so they could get out of debt, have two chicks at the same time or whatever.
 
2010-07-16 11:28:26 AM
Considering he could have easily said "Fark off, my money." to the world at large, donating any significant portion of his wealth to any sort of basic research that will come in handy for humanity at large is pretty nice.

Considering the sheer sociopathy we see from some high-level people in finance and oil, this guy's actually a human being.
 
2010-07-16 11:30:08 AM
Boated past both Paul's and Bill's house Wednesday; didn't see any bales of cash floating out front o scoop up.

/did see lots of waterfront homes for sale though
 
2010-07-16 11:30:23 AM
That's one way to beat the estate tax.
 
2010-07-16 11:33:03 AM
I love threads about Worthington's Law! (new window)

Did you know that, according to Worthington's Law, the opera singer who called himself, 'The Great Caruso' was nowhere near as great as Sammy Hagar, The Red Rocker? So shut up, Caruso! Hey! Who's greater than Saint Francis of Assisi? How about, uh, Darryl Strawberry? See ya later, Saint Frannie, ya schmuck. Hey, guess who's better than Van Gogh. Let's see, after adjusting for inflation... almost everybody! He made nothing!"
-Carl Espick, economist and editor of Value Magazine

i241.photobucket.com
 
2010-07-16 11:33:49 AM
Occam's Nailfile:
Unfortunately, that trait of self-reliance has been bred out of us, and we're heading back to a time where people would rather be ruled than be free, as evidenced by the large percentage of people that hate success.


Your views, newsletter, etc.
 
2010-07-16 11:36:21 AM
kicksmile: republicans give money they made, democrats like to give away other people's money there subby.


Paul Allen is a Democrat.
 
2010-07-16 11:44:04 AM
crazyeddie: StarshipPooper: LOL, like that will happen.

Um, it's happening. Now what, biatch?


On the other hand, I know one ultra-rich person who is in the process of denaturalizing to avoid the US estate tax. So, mixed results, I guess.
 
2010-07-16 11:44:43 AM
schattenteufel: kicksmile: republicans give money they made, democrats like to give away other people's money there subby.


Paul Allen is a Democrat.


Heh. I wondered when someone would point that out. Apparently schattenteufel has never heard of Google, or just another "Fark Independent" that likes to post utter BS.
 
2010-07-16 11:45:21 AM
How about the poor morons pledge to use half of their week towards working?
 
2010-07-16 11:47:17 AM
Delay: Heh. I wondered when someone would point that out. Apparently kicksmile has never heard of Google, or just another "Fark Independent" that likes to post utter BS.

My sincere apologies.
 
2010-07-16 11:53:19 AM
sboyle1020: Ha, I was just being a smartass. I actually agreed with your statement...I have not and probably never will contribute anything of value to society. I mean I volunteer, but that doesn't count anywhere other than my small circle of the world.

Don't get me wrong. The GGW guy is a douchetastic assblaster of the highest proportion, but he has contributed meaningfully to society and deserves the fruits of his labor.

It just chafes my dish to see people making snide comments insinuating that the rich aren't donating enough or that wealthy are greedy because they don't donate their nest egg to the homeless guy on the nearest corner.
 
2010-07-16 12:00:13 PM
I hear he's handling the Fisher account. Luck bastard.
 
2010-07-16 12:08:43 PM
Delay: Delay: Heh. I wondered when someone would point that out. Apparently kicksmile has never heard of Google, or just another "Fark Independent" that likes to post utter BS.

My sincere apologies.



oh! whew. I'm glad I read a few more posts down. I was about to go totally apeshiat on you. I even had a link ready to go...

Paul Allen is a Democrat: Link (^)

/apology accepted ;-)
 
2010-07-16 12:09:11 PM
crazyeddie: They amass fortunes by adding real value to our society

It might be worth pointing out that Paul Allen resigned from Microsoft ten years ago, so any increase in value his MSFT stock holdings have seen since then cannot be directly attributable to value that he himself added.

One usually has to work hard to become wealthy, but there's often a point at which the wealth keeps accumulating even as the work to maintain it drops off.

Regardless, good for him.
 
2010-07-16 12:11:50 PM
Biv: How about he toss me some of that shiate instead of giving it to research that wont do dick. I don't need alot. Just enough for a low end new car. Something automatic, I live in Seattle and the hills are murder on manuals. Got some medical concerns that need taken care of. Maybe an HD tv? That's it. Is that so much to ask?

Allen is working on a larger scale. Maybe you could ask Bell or Devoe.
 
2010-07-16 12:16:27 PM
"take classes online, find a profession that still pays well in a recession, work part time to get experience, profit"

You do know there are plenty of hard working people that just are not smart and couldn't do that, right? Ever talk to someone who works at Mc'ds? I'm not talkin a young person just working some place to have a job, or a manager with a likely college education. That person can't do much else, but they work hard. Why not pay them well if you have good profits?

/smart not hard working person who gets to go on fark and make bank.
 
2010-07-16 12:18:13 PM
Ol' Jalopy: I hear he's handling the Fisher account. Luck bastard.

Lucky Jew bastard.
 
2010-07-16 12:36:38 PM
What is the point of snarky headlines that have nothing to do with the article they link to? Is it some kind of meta-commentary on the pointless of tardmitter's existence?
 
2010-07-16 12:39:24 PM
justanotherfarkinfarker Quote 2010-07-16 12:16:27 PM
"take classes online, find a profession that still pays well in a recession, work part time to get experience, profit"

You do know there are plenty of hard working people that just are not smart and couldn't do that, right? Ever talk to someone who works at Mc'ds? I'm not talkin a young person just working some place to have a job, or a manager with a likely college education. That person can't do much else, but they work hard. Why not pay them well if you have good profits?

/smart not hard working person who gets to go on fark and make bank.

>>>

so these people just are missing a smart gene or something? Nonsense. If you have a drive to broaden your horizons, you can do it. Stop buying into self doubt and the hate of others. Start reading books, start taking classes here and there to see what else interests you. There are many ways to raise your IQ level. It isn't something you're magically born with. Why pay the lowest worker in a cheap fast food company a lot? If we did that there would be no stepping stones. If I was making more than 12 an hour at a grocery store right out of school I wouldn't have had any drive to succeed even more.
 
2010-07-16 12:46:06 PM
Paula's Beautiful Bloodshot Eyes: Maybe the super rich could help people by paying higher wages to workers. Ever wake up early and go get coffee from McDonalds? That lady that's up at 3am, driving a hooptie to a dead end job to brew coffee for your lazy ass could use some help.

Well maybe she should get a different job. If it's a job any idiot could do I don't see why they should get paid more just because they're living paycheck to paycheck. That's called life.

/just sayin'
 
2010-07-16 01:08:53 PM
1- Giving away big sums is really a publicity gimmick and a great investment strategy! Paul Allen could make out like a bandit! It works like this:
A-Paul creates a irreversible trust and donates 13 billion in Microsoft stock to trust he donates the trust to the Bill and Melinda Gates foundation witholding a remainder interest for 7 years (The max allowed).
B-He gets the benefits of the trust for 7 years. He gets all dividends, appreciation, and tax write-offs for donated 13 billion for 7 years.
C- At the end of 7 years if Microsoft has grown at 10.5% a year his trust will be worth 26+ billion. He will pocket 13 billion (tax free!) and 13 billion will go to great causes such as charter schools that promote multiculturalism, no grading, and social justice.

This is what Ted Turner did when he gave a billion to UNICEF in the 90's.
 
2010-07-16 01:48:00 PM
When you have enough money to support you in style for 1,000 lifetimes, it's easy to give away half. It's not like he's going to feel the pinch.
 
2010-07-16 04:08:21 PM
So, it's not the billions that you want, is the suffering.
 
2010-07-16 04:22:00 PM
DarkPascual: So, it's not the billions that you want, is the suffering.

Just saying, if a multi-billionaire gives away a few billion there's no real sacrifice in lifestyle or security. If the average American gives a way a few hundred, they may have trouble making the mortgage payment this month. Which one gets lauded as being a great humanitarian?
 
2010-07-16 04:45:28 PM
WrestlerManager: DarkPascual: So, it's not the billions that you want, is the suffering.

Just saying, if a multi-billionaire gives away a few billion there's no real sacrifice in lifestyle or security. If the average American gives a way a few hundred, they may have trouble making the mortgage payment this month. Which one gets lauded as being a great humanitarian?


I see your point, don't get me wrong.

A man willing to give EVERYTHING that he has, even if it's not that much, to help those who don't have NOTHING AT ALL haves more merit that the one that gives just a part. I was raised Catholic, so I know how that story rolls.

But there is a lot of good that can be done with 13.5 millions. There is a LOT of merit in donating that money.

The guy could have easily just blow it away in more hookers and pimped SUVs. And nobody could give him any shiat at all, because it was HIS money.

Just because the guy has another billion of HIS money stored somewhere doesn't mean that the other 13.5 means shiat.

It should not be about the person who gives whatever he gives, but about how much good you can do with that.
 
2010-07-16 05:10:39 PM
This Looks Fun: Lucky

Jesus, This Looks Fun, what does that have to do with anything?
 
2010-07-16 05:45:21 PM
I think this is great. The causes are worthy and 13.5 billion dollars will go a long way in the science and technology industry.

As for those of you who are saying he should help out the lower/middle class McDonald's workers, I disagree. He can't help EVERYONE who works a minimum wage job, nor is it his responsibility to bail out people who, for whatever reason, are not qualified to work at higher paying jobs. While I find their situations unfortunate, responsibility falls on these individuals to better themselves and become eligible to work for more than minimum wage. Donating to scientific and medical causes, on the other hand, will benefit society as a whole.
 
2010-07-16 09:47:24 PM
schattenteufel: oh! whew. I'm glad I read a few more posts down. I was about to go totally apeshiat on you. I even had a link ready to go...

Paul Allen is a Democrat: Link (^)

/apology accepted ;-)


Thanks. I had a health care discovery company in Seattle. I know that there is no question that Paul Allen supports Democrats.

That's not the point. What is killing Paul Allen is lymphoma. So some selfish rich guy would fund cancer work related to his own disease so he could live longer?

No. What Allen chose to benefit with his wealth is essentially brain disease. It's not related to his own ailment at all.
 
2010-07-16 10:36:21 PM
Imagine how much would have been done had he given 135,000 engineers and scientists $100,000 each?

In fact, I bet he's smart enough so that they wouldn't have to pay half of it in taxes, or have it taken away to pay for their student loans.
 
2010-07-17 04:09:48 AM
This Looks Fun: I killed Paul Allen with an axe to the face.

i am SO glad i wasn't the only one who thought this.

why don't you get a rez at dorsia now?!
 
2010-07-19 08:32:04 AM
kaseyfarksdaladies: This Looks Fun: Lucky

Jesus, This Looks Fun, what does that have to do with anything?


Oh, sorry. I forgot kaseyfarksdaladies is dating someone from the ACLU.

/Thanks :)
 
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