Word: moneyitis
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...Gates is as well known for setting new trends in humanitarianism as he is for advancing technology. On Jan. 29, Gates announced that his charitable foundation would, over the course of the next decade, donate $10 billion to vaccine development, research, and delivery—the largest amount of money ever donated to a single cause. Copious amounts of credit, thanks, and praise should be given to Bill and Melinda Gates for providing funds for a very worthy cause...
...affected a health-related cause. For years now, Gates has exerted his influence over efforts to treat HIV/AIDS in traditionally underserved regions, including sub-saharan Africa. A Los Angeles Times investigation explored the effects of Gates’ involvement and found that, contrary to the assumption that more money solves more problems, the Gates Foundation’s implementation of efforts to treat HIV/AIDS produced mixed results. Some of these findings call into question whether Gates’ initiatives create even a net-positive impact. The negative effects include an epiphenomenal dearth of qualified clinicians in other parts of Africa...
...young he used to escape Brooklyn by going to Europe for the summer, taking his meager English teacher’s pay and using it all on a flight and two months of living abroad. He likes to tell us that back then nobody could e-mail you money and credit cards didn’t exist. I heard him recounting this once again to my college roommate who had come to stay the night at my house in Brooklyn the day before we would begin our own escape...
...rural roads the buses go through empty cow fields; one had a propeller plane in it, nothing else. Two women got on and sat behind me on the way to Baton Rogue, one with a boyfriend in jail, and asked us for money. “Got three dollars. Got a dollar? No? How ’bout a phone?” The man behind me riding through Texas, explaining the oil rigs and the horse corrals and the lines in the marshy grass that humans made for catching crawfish...
...It’s not a competition,” said UC President Johnny F. Bowman ’11. “The point is not to see who can raise the most amount of money, but simply for students to donate on behalf of something they feel very close...