Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (23544)	6/2/1999 3:45:00 PM
From: PMS Witch	Respond to of 74651

The challenge for people like Gates, is to target their giving so that they cause more good than harm. One unpleasant side-effect of some of our not-so-well thought out policies has been to create dependencies which bring about far greater misery in the long term than the short-term problems we originally set out to alleviate. The new breed of philanthropist is bringing the same creative energies to their giving as they deployed in the creation of their wealth in the first place. These people feel the 'old way' of doing things has failed, and they are using their considerable resources to find a better way. I don't think successful people should turn their back on society -- but I don't think society has any right to dictate to these people just how they contribute. I don't think the answer to every problem is to throw money at it, but if there are no better alternatives, go ahead. Doing nothing rarely solves things. Cheers, PW. P.S. I don't mean to nit-pick, but Revenue Canada would help the situation if they didn't force the donor to ante-up the taxes on shares they give to charity. A while ago, they reduced the rate, but they should eliminate it altogether. I've had the priviledge of paying more in tax than I paid for the shares in the first place. And the tax forms you fill out when you donate -- Don't get me started on that nightmare, I'll rant for a month.