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Why they giving their money away?

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posted on Aug, 6 2010 @ 06:56 AM
I was reading a post I missed this morning titled:

Federal Reserve Charter expires 12/21/12

Written by ISHAMAGI, and it was very interesting. But what came to me straight away was an article I saw in Yahoo, talking about how Gates, Buffett and other billionaires are going to start giving away their fortunes.

Billionaires join Gates to give away half their fortunes.

Now with the idea that the Reserve will end its current 100 year deal on the famous date, are all these people giving it away, as it will be worth nothing come the end of that Reserves time.

posted on Aug, 6 2010 @ 07:12 AM
Even if a billionaire gives away 99% of their forture, they're still pretty filthy rich anyway.

1% of 1,000,000,000 = 10,000,000

So, no, it's nothing really.

posted on Aug, 6 2010 @ 07:24 AM
Ye I totally agree, but don't you think it's suspicious that the timing to it all is something rather than nothing.

Either they "Giving It Away" for something in return, or they dumping it, and fortunately charities will benefit.

I bet you though, even if they do it and all that money goes to charity, nothing will be felt around the world, other than a few extra wells in Ethiopia and some new roads through the Amazon, or something along that line.

In the supposed modern western world, there are plenty of children that would love to sleep on a bed at night, and have one meal a day at least, but I doubt anybody will feel any benefit from all this money being released to charities.

posted on Aug, 6 2010 @ 07:35 AM
reply to post by multichild

Well, I'll just say that in my perspective, it's atonement, not out of guilt or a desire for forgiveness or really to do "good" but a simple assement of a cosmic equation that says one cannot maintain power and be on a completely dark path. They're just doing their rituals, nothing more.

posted on Aug, 6 2010 @ 07:38 AM
this charitable giving has been going on since

But in theory,

if they give away their cash money and it
buys a hard asset like a dance school.
The dance school retains it's value even
if there is a currency change. It can later
be re-sold in the new monetary system
for the new money value. And they do
not lose their money.

It's money laundering through 2 monetary systems.

Not to mention, they don't pay taxes
on charity

posted on Aug, 6 2010 @ 07:38 AM
Better question is why are you all wasting your money on 2012 merchandise like survival kits and books and the god awful movie that happens to be on the top 40 highest grossing films of all time?

posted on Aug, 6 2010 @ 08:00 AM
You're missing the fact that they have pledged to give away at least half of their fortunes throughout their lifetimes, or leave it to charities in their wills. They're not just offloading all their money now.

posted on Aug, 6 2010 @ 08:07 AM
reply to post by multichild

The only question here is, uh, how do I contact them and let them know I could use some of that money?

Theres no conspiracy here, they know they cant make more money if they have it all.

posted on Aug, 6 2010 @ 08:23 AM
Truly unbelievable! 40 billionaires have signed up so far for to pledge at least half of their fortune. And Buffet says he'll donate 99% of his 30 billion. Since i don't have a complete list of the 40 peoples worth. Lets just say together the 40 equal an average worth of 7 billion each. 40 people times 7 billion equals 280 billion, the donation amount (half of their worth) would then be 140 billion dollars. That sounds insane!

OP, its either like you said, money soon won't be worth anything soon. Or, they are trying to save the world by giving money to fund some crazy program or research that the public isn't privy to. People don't give that kind of money away. Every year, Jerry holds his telethon fundraiser for Jerry's kids. And with regular people, celebrities, and millionaires and billionaires contributing, Their best year was last year at 65 million dollars.

This really strikes a red flag with me. 44 years of Jerrys kids fundraising to help sick kids, and no one has helped like these billionaires are know doing with this un-named charity.

For some reason, an Edgar Cayce reading is coming to mind. "Through Russia, comes the hope of the world." I'm pretty sure Russia has a (maybe the only country to) program started to save the world from an asteroid. I'll look up more info on Russia to be sure. My 2 cents anyway

posted on Aug, 6 2010 @ 01:00 PM

Originally posted by BluePillOrRedPill

This really strikes a red flag with me. 44 years of Jerrys kids fundraising to help sick kids, and no one has helped like these billionaires are know doing with this un-named charity.

While your point about Jerry's Kids never receiving any support from these people is well received, I have to point out that they are not giving it to any particular charity. It's a pledge to give it away.

posted on Aug, 6 2010 @ 01:36 PM
How can you just give that amount of money away?

Thats more money than some countries GDP.

They must be planning to have some sort of order to the funds, so my guess is that it will end up being distrivuted by WHO or some other organisation that will tell all that they are in the best position to do so.

I still though will say that with all this money being freed to help in time, I bet that no one will notice it, and I just cant see it going against the Eliete agendas if there are any.

It will more than likey go to bailing out the central banks of third world countries, and instead the countries won't have a debt to pay, and will then have to find their own way.

[edit on 6/8/10 by multichild]

posted on Aug, 6 2010 @ 01:50 PM
well if gate is giving those money, you should ask yourself isnt he the one that talked about population reduction with vaccination in one of his recent conference? i dont know why he is doing it or if the media just trying to manipulate us. maybe he is givning the money to the "charity" to develope the vancines.

posted on Aug, 6 2010 @ 01:57 PM
Sounds more like a public relations stunt.

So the public can be mad at the bankers instead of the rich when everything crashes.

Seems like Buffett did something out of the norm a couple years ago that threw him in the media spotlight. What was it?

Oh yeah, he gave away money back in June of 2006.

Fox News article

Warren Buffett to Give Away Bulk of His $42 Billion Fortune OMAHA, Neb. — Billionaire investor Warren Buffett announced plans Sunday to give the bulk of his roughly $42 billion fortune to five foundations in annual gifts of stock starting next month. The decision represents a stark reversal for the world's second-richest man, who for years had said his wealth would be pledged to philanthropies after his death.

Moreover, his vast holdings of Berkshire Hathaway Inc. stock had been expected to go largely to the Susan Thompson Buffett Foundation, begun by his late wife. Her foundation has given millions of dollars to hospitals, universities and teachers, as well as to Planned Parenthood and other abortion rights groups.

But guess what, the bulk of it wound up going to the Bill and Linda Gates Foundation.

Instead the 75-year-old chairman and chief executive of Berkshire Hathaway plans to give the largest contribution to the Bill and Melinda Gates Foundation, established by Buffett's friend and Berkshire board member Bill Gates.

Buffett's gift will increase the resources of the Gates Foundation, which is already the world's largest philanthropy with assets of about $29.1 billion.

The Gates' issued a joint statement applauding Buffett's decision.

posted on Aug, 6 2010 @ 05:45 PM
Oh no the elite are helping people out.

What is the matter with people? So many rich snobs get media attention because they don't tip or don't gives to charities. Here we have a number of people doing a consciousness shift or whatever you want to call it and people are looking a gift horse in the mouth.

How many of you donate money or time to charities? How many help out with neighbors? How many pause to make sure someone with infirmities gets safely up or down stairs or across the street?

They have the money. I have more time than money. I donate. Do you?

posted on Aug, 8 2010 @ 03:57 PM

Originally posted by EnlightenUp
Even if a billionaire gives away 99% of their forture, they're still pretty filthy rich anyway.

1% of 1,000,000,000 = 10,000,000

So, no, it's nothing really.

Ya, I agree. It's about being charitable. Not some conspiracy because they know something we don't.

Now, if all the wealthiest people suddenly began moving all of their their USD-based (US Dollar) investments into something else, like something based in another currency or precious metal -- that would be something to watch. Esp if it all happened all at once.

posted on Aug, 8 2010 @ 05:23 PM
I also read that article....

I think that they are doing this because of some knowledge that they have that this move will give them more money in the future.

For example that knowledge might be for example law of attraction.

[edit on 8-8-2010 by kapodistrias]

posted on Aug, 12 2010 @ 12:40 AM
I was thinking about this and I think I have figured it out. If you give away money like this then you can claim it over a period of time on your taxes ( i think like 5 years). Tax cuts are ending for the super rich and that means they will need to have a way to utilize the loop holes now and spread it out over the next few years.

If this is correct then this is just a way for them to get good PR and actually make more money over the next few years and still avoid taxes. At that point they can get another guy in office to bring back the tax cuts for them. I wonder if this has been done in the past also and we just haven't been catching on, elites never pay taxes

posted on Aug, 12 2010 @ 08:00 PM
reply to post by whoshotJR

elites never pay taxes

Who are the elites? If they aren't the main tax payers in the US, then they are not rich. The rich pay lots of taxes.

The 400 Individual Income Tax Returns Reporting the Highest Adjusted Gross Incomes Each Year, 1992-2000

Top 400 Taxpayers Paid 2% of All Income Taxes
If you take a look at this report you will see that the top 400 tax payers for each year in the report paid 2% of the total taxes paid in 2000. That means that if you look at a federally paid project, 2% of that project was paid for by 400 people.

posted on Aug, 12 2010 @ 08:20 PM

Originally posted by stereologist
Oh no the elite are helping people out.

No, they're carrying out the directives outlined in occult prosperity books like Think and Grow Rich by Robert Collier and The Master Key System by Charles F. Haanel. You really don't know who actually visits metaphysical book shops in wealthy areas for occult literature, and other paraphenalia, eh? Ever been there and seen the clientel? It's not a bunch of damned hippies I can say that. It's set up like the porn section in a video rental shop with lots of suits in there.

One thing that is correctly discerned, no matter how insane the conspiracies in general seem, is that magic practices are a very large part of the elites' bag of tricks. Most cannot understand this or ignore what's in front of them and don't know why they do what they do that can at times seem paradoxical, unusual or even philanthropic.

posted on Aug, 12 2010 @ 08:26 PM
if you wanna relieve yourself of some of that sweet sweet hot stinky cash then hit me up.

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