Friday, July 07, 2006

Boring billions.

The Nation takes Warren Buffet to task for his choice to donate his billions to the Bill and Melinda Gates Foundation. Says the article about Buffet: "He is a decent man, a clever man at making money, but about all that can be said of how he is disposing of his billions is that his choice was safe, insipid and probably inconsequential in the long run." The article argues that in its commitment to eradicate disease, the Gates Foundation is essentially overcrowding a niche that many governments have already stepped up to fill, and argues that a better use of the billions would be a complete redesign of the American health care system. You can write in to the Nation with your thoughts on how the money should be spent, or just post your comments below and let the massive Daily Irk readership see your thoughts.


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