Bill Gates stated...about the poor...?

Question

It was not feasible for drug companies to develop medicines and drugs for poor people in under-developed countries due to their very low standard of living.

Many poor people in poor countries live on less than two dollars a day and can't even find a clean glass of water and have no form of sanitation or infra-structure to deliver much need food, medicines and child care services.

Therefore, any drug that would be developed by the drug companies would never be purchased by the poor, who would need that particular drug. It would be cost ineffective for corporate drug companies to research and develop any needed medicine or drug. The companies would never be able to recoup their initial investment.

Did Bil and Melinda Gates do the right thing by helping people in other countries, when there is so much to do in the United States?

Are you encouraged by Bill and Melinda Gates and Warren Buffert in giving so much of their wealth to others abroad?

Your thoughts...

Answer 1

It will help some, not enough.

Answer 2

Let's understand first of all that Bill and Melinda Gates and Warren Buffett have a right to do with their money whatever they want.

Secondly, we are not able to see the world view that they see, because we are not on that level.

Thirdly, I think it is admirable that they would set aside any amount of money to help improve world conditions. They don't have to you know.

If more wealthy people were to do the same thng, perhaps the world wouldn't be in the condition it is in.

Yes, I am encouraged that the two richest men in the world are trying to set an humanitarian example for all the rest who only worry about how to recoup their investments.

Answer 3

Well although I think there is nothing wrong with helping anyone in any country..it seems to be trendy lately for the United States and Its citizens to help other countries before helping its own...But then again if we send money for Medicine to some of the people in our country...they would just find a way to spend it on drugs and alcohol...some of these other countrys Just havent developed like they should have and they really do need help...and some are even being oppressed by thier governments....so I don't mind that they helped.

Answer 4

Yes and no. First and foremost you have to remember that giant corporations are in it for the money. So , if they can not make a profit why do it. And ,...you know... helping people in other countries is wonderful I agree, but then I always think back to the old proverb of clean your side of the street first before you go out into the world to clean up everyone Else's mess. There are over100,000,000 children on the streets of the U.S.A tonight with no roof over there head and no food in there stomach tonight. Let them take care of that and then maybe I will consider them great humanitarians.

Answer 5

I would certainly be apprehensive to donating my money to research and development in America if I had the means by which to give such lavish wealth.....here's why: In our country, we spend more effort, resources, and time on maintenance health care than on preventive medicine. Here is what I mean, It costs a lot more money to eat good, nutritious meals than to eat poorly. Most of our health issues are related to our diet. Insurance pays for maintenance medicines and procedures but will not pay for preventive medicines. If I need to have a cancer screen or take a medicine or vitamins that will prevent cancer, insurance will not pay. But they will begin paying for chemotherapy/radiation treatment once I have been diagnosed with this dreaded disease. And it bothers you that the Gates do not want to put their money into such a backward system? I do not blame them.

I just read Jack F's response. He, likewise has a valid point on the elitist mindset. Well done.

Answer 6

Yes, I think it is very compassionate that the Gates have donated some of their wealth to the poor of other countries.

I think Americans are very spoiled and unaware of our own wealth. I think even our poorer population is somewhat pampered compared to the poor in other countries. The homeless here can always find a source of food. Do you know how much food is thrown away by American groceries or fast food restaurants, daily and even sometimes hourly?

Our infrastructure is rich and more hospitable to our poor and homeless population. We don’t live in filth and disease. Our water is clean and drinkable. We have a lot of resources here available for our poor. We have different income brackets that trickle down. We are not an entire country of poor people. We are diverse enough to take care of one another.

We are spoiled Americans who don’t have any clue what it would be like to be truly poor.

Answer 7

I think that in order for one to really know what a persons intentions are, one must know a persons past. In Bill Gates case, he is a big advocate of population control. He doesnt really care about the poor at all, like most wealthy elitists. His main concern is not having poor at all, via population control. What am i saying? Abortion, euthiasia, birth control, etc., and he is going to spend billions toward that cause. And he is not the only one to think that way. Ted Turner. And Warren Buffett just gave 31 billion to Gate's foundation, donating it with one purpose in mind: population control.

Elitists on a mission to act like the God they have never met. Money gives them power, and power corrupts absolutely.

Answer 8

I'm impressed but I would like to see how much money
Kroc's, Gates, Buffet etc. paid in Taxes.

Bring back Windfall Taxes. It,s not enough to say
it costs a lot of money to create "Top notch" Computer
Programs and therefore they should be able to recapture their outlay. Strictly "Overcharging" is how Gates
accumulated so much wealth. There was no Reasonable
profit involved there. Don't forget that MS was a Monoply.

Answer 9

A better world population, makes our nation a better place.
It helps to cut down the rates of diseases that make it here, the influx of refugees from truly desperate nations,as well as increases the goodwill between the people of a nation and us.
I am willing to bet that the 28 million that the gate's gave will have more positive impact on the actual people that need it, then the hundreds of millions that our Government (we) have given.

Answer 10

I understand only those with money have the opportunity
to do such good deeds of this nature and magnitude. I wonder however, after claiming this on his taxes, how much he receives in return for claiming it, will he put back into the cause the following year. Good deeds come to a halt or do they continue?.

Answer 11

Personally, I applaud what the Gates and Mr.Buffett have decided to do. But to answer your question in the bigger sense, it is none of your concern nor mine what they decide to do with their money! It's theirs! Just because they have more of it than you (I'm guessing) or I, does not give us the right to have an opinion on what they "should" do with it any more that Mr.Gates opinion of what you should do with whatever money you have counts for a hill of beans!

And to put things in perspective, compared with the continent of Africa, there is NOTHING that needs doing in the US.