I don’t use the words “must see” too frequently for fear they will lose their meaning.
So when I do use them, I mean it.
And they definitely apply to this new clip from an old Kill Gates documentary I just watched…..errrrr, sorry “Bill” Gates of Hell…..errrr, sorry, Bill Gates. There, I got it.
Damn this dude is creepy as hell.
Which is good I guess since that’s where he’s headed!
Just watch the very first sentence from this video and see if you don’t find that really weird and very creepy:
And this guy wonders why people don’t like him?
Are you kidding me?
And what’s with the rocking in the chair all the time?
Is this guy psycho or something?
And then there’s this really creepy article from CNBC where Kill Gates admits that vaccines are the “most profitable investment he’s ever made”….taking $10 billion and turning it into $200 billion:
Investing in global health organizations aimed at increasing access to vaccines created a 20-to-1 return in economic benefit, billionaire Microsoft co-founder and philanthropist Bill Gates told CNBC on Wednesday.
Over the past two decades, the Bill and Melinda Gates Foundation has donated “a bit more than $10 billion” into mainly three groups: the Global Alliance for Vaccines and Immunization, the Global Fund to Fight AIDS, Tuberculosis and Malaria, and the Global Polio Eradication Initiative.
“We feel there’s been over a 20-to-1 return,” yielding $200 billion over those 20 or so years, Gates told CNBC’s Becky Quick on “Squawk Box” from the World Economic Forum in Davos, Switzerland. “Helping young children live, get the right nutrition, contribute to their countries — that has a payback that goes beyond any typical financial return.“
As a comparison, Gates echoed what he wrote in an essay in The Wall Street Journal last week under the banner “The Best Investment I’ve Ever Made,” saying that same $10 billion put into the would have grown only to $17 billion over 18 years, factoring in reinvested dividends.
On vaccines, Gates also had a message for parents who fear side effects as a reason not to get their kids their shots. “It is wild that just because you get misinformation, thinking you’re protecting your kid, you’re actually putting your kid at risk, as well as all the other kids around them.”
Using measles as an example of a once-dangerous disease that’s easily preventable by a vaccine, Gates warned against complacency.
“As you get a disease down to small numbers, people forget. So they back off. They think, ‘Gosh, I heard from rumor. Maybe I’ll just avoid doing it,’” he said. “As you accumulate more and more people saying that for whatever reason, eventually measles does show up. Kids get sick. And sometimes they die.”
Thank God we have those intrepid fact-checkers over at the AFP (whatever the hell that is) like this stellar researcher, Mary Kulundu, who have determined that the story is completely fake, and attributed to an “incorrect interpretation”:
From the AFP:
A video viewed thousands of times on Facebook claims that billionaire philanthropist Bill Gates admitted to making $200 billion from his charitable foundation’s investment in vaccines. The claim is misleading; the 26-second clip has been cut from a longer TV interview, where Gates estimated the global social and economic benefits from his foundation’s $10 billion investment. An official at the US think tank that calculated the $200 billion return on investment told AFP Fact Check that the claim was “an incorrect interpretation of the analysis”.
“Bill Gates admits that he’s making $200 billion on his VAX (sic),” reads a Facebook post sharing the video, which we’ve archived here.
The video is an extract from an interview Gates gave to CNBC journalist Becky Quick on January 23, 2019, in which he discussed the economic benefits of boosting vaccination rates. However, 16 seconds into the video, there is a cut creating a disconnect in Gate’s speech.
However, the claim that Gates admitted to making $200 billion from vaccine investment is misleading.
No mention of personal gain
During the interview, Gates did not mention his personal gain, but rather discussed the social and economic benefits generated by his charitable foundation’s investment in vaccines.
The Bill & Melinda Gates Foundation has ploughed billions of dollars into making vaccines against diseases like polio, HIV and malaria. In June, it pledged $7.4 billion to global vaccines alliance Gavi to help immunisation programmes disrupted by the coronavirus pandemic.
AFP Fact Check ran a keyword search on Google for “Bill Gates $200 billion vaccine” and found various articles explaining where the figure comes from. In a Wall Street Journal article from January 16, 2019, entitled The Best Investment I’ve Ever Made, Gates explained the $10 billion investment made by his foundation in three global health organisations; Gavi, the Global Fund and the Global Polio Eradication Initiative.
“Suppose that our foundation hadn’t invested in Gavi, the Global Fund and GPEI and had instead put that $10 billion into the S&P 500, promising to give the balance to developing countries 18 years later. As of last week, those countries would have received about $12 billion, adjusted for inflation, or $17 billion if we factor in reinvested dividends,” he wrote.
“What if we had invested $10 billion in energy projects in the developing world? In that case, the return would have been $150 billion. What about infrastructure? $170 billion. By investing in global health institutions, however, we exceeded all of those returns: The $10 billion that we gave to help provide vaccines, drugs, bed nets and other supplies in developing countries created an estimated $200 billion in social and economic benefits.”
He said that the $200 billion return on investment had been calculated by the US non-profit think tank, the Copenhagen Consensus Center. According to its website, the organisation uses algorithms and data to analyse poverty-fighting strategies.
David Lessmann, a spokesman at the Copenhagen Consensus Center, told AFP Fact Check that the misleading Facebook post “was an incorrect interpretation” of the estimate. He said the post wrongly suggested that “Gates will make or has made $200bn in cash from the Foundation’s contribution”.
Lessmann explained that the figure estimated the return on investment by taking into account factors such as health care costs avoided by greater access to vaccines, income benefits from not falling sick or dying and the societal value of individuals created by reducing their risk of death.
“None of the benefits measured by the report equate to a private windfall made by Mr Gates or any other contributor to the funds,” Lessmann said in an email. “The analysis identified that collectively across the three funds, the ROI (return on investment, editor’s note) was $20 per $1 spent. The benefit represents the social benefit of investments.”
The Bill & Melinda Gates Foundation also told AFP Fact Check that the video clip had been taken out of context.
“When we talk about return on investment (ROI) for vaccines, we mean lives saved and economic growth for the areas where the vaccines are made available,” the foundation said in an email.
Thank God Mary Kulundu and the AFP set the record straight for me and now I don’t have to use any critical thinking skills!
Thank you Mary, thank you…..Kill Gates is my hero! Such a good man!