Monday, November 20, 2006

Bill Gates: Marxist? or Just a Bit Greedy?

Well, he's a "redistributist," anyway.

Bill Gates stated his theory of worldwide economic redistribution. It sounds like something Karl Marx would espouse.

``The United States has been spoiled by being a global leader for so long that there may be an adjustment,'' Gates told the audience of nearly 2,000, a mix of suit-and-tie executives and college students in hooded sweatshirts.

``We've got to get used to the fact that our relative share of everything -- our ability to exercise unilateral decisionmaking, military power, and economic power -- won't be as out of line with our 5 percent share of world population as it is today.''

P.J. O'Rourke, an American satirist, writer, and journalist warned of thiskind of utopian thinking: "The poor of the world cannot be made rich byredistribution of wealth. Poverty can't be eliminated by punishing peoplewho've escaped poverty, taking their money and giving it as a reward topeople who have failed to escape."

So what was the occasion for Mr. Gates' economics lecture? The "Innovation" Summit at Stanford U.

The entire summit was nothing but a transparent excuse to push for moreH-1Bs and to promote the Skil Bill. This is a clever bit of propaganda that doesn't stand up under scrutiny because Sergey Brin and Andy Grove didn't come to the U.S. on H-1B visas. Andy Grove came to the U.S. at the age of 20 as a refugee from the Hungarian revolution while Sergey Brin immigrated from Russia at the age of 6 with his family.

Brin and Grove are respectively a co-founder of Google and former CEO of Intel. But you've heard the line--that these guys would have been "shut out" of America were we to limit immigration.

The facts: Gates likes cheap labor. The "Skil Bill" provides cheap labor.


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