Fallout from the Gates Foundation:
As Bill Gates struggles to find ways to spend the windfall money from Buffett's billions, the Bush controlled government is using the press's gaga attitude to justify playing Scrooge:
The irony is that government financing of social programs amounts to hundreds of billions of dollars annually, making the Gates Foundation money miniscule by comparrison. Private foundation support of social causes will never approach what governments can do to improve the human condition.
As Bill Gates struggles to find ways to spend the windfall money from Buffett's billions, the Bush controlled government is using the press's gaga attitude to justify playing Scrooge:
In its 2007 budget proposal, for example, the Bush administration eliminated a $93.5 million program to underwrite the development of smaller schools, specifically citing the increase in support for those schools from “nonfederal funds” from the Gates Foundation and the Carnegie Corporation. (New York Times, 8-13-06)
The irony is that government financing of social programs amounts to hundreds of billions of dollars annually, making the Gates Foundation money miniscule by comparrison. Private foundation support of social causes will never approach what governments can do to improve the human condition.
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