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Bill Gates Can’t Save Himself by ‘Closing’ His Foundation

From my opinion article in TownHall today:

Bill Gates’ unexpected announcement that he will spend down the assets of the Bill & Melinda Gates Foundation over the next twenty years is recognition by Gates that it is no longer his protection blanket. These days, Gates is more likely to be associated with Jeffrey Epstein or the botched COVID response.

 

Gates dropped the news through the New York Times, which emphasized that Gates is “giving away” most of his fortune. But is this really charity?

 

Gates gives to his own Foundation. It has functioned as the biggest public relations firm in the world, with everything calculated to make Gates look good. It also spends money on what Gates personally believes is important, not on what is necessarily in the public interest. He did, of course, put up the money but he also received significant tax advantages.

Also from the piece:

Gates is blaming who else but Donald Trump for the imperative to spend all the money, citing the cuts to foreign aid and the United States Agency for International Development (USAID). The only problem is that the sheer size of the Gates Foundation makes it impossible for it to simply “close up shop,” as the New York Times put it. The reality is that the Gates Foundation will continue to play an outsized and malevolent role worldwide, and especially in American domestic politics.

And:

Gates has said nothing about the reasons for the antipathy toward USAID. The agency had for many years been part of an American bulwark against communism, enjoying bipartisan support. After the fall of communism, the mission drifted to interfering in the internal politics of democratic countries, including the United States. We still don’t know the whole truth about the role of US government agencies in the internal politics of Ukraine for the past twenty years, but we do know that they were partisan, likely facilitating Biden family corruption and the framing of President Trump, resulting in his impeachment.

Click here to read the entire piece on Townhall

photo credit: Bill-Gates-World-Economic-Forum-CC

 

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Tags: Bill Gates, Gates Foundation, Warren Buffett