Mark Zuckerberg To "Give Away" 99% Of His Facebook Shares.....

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262

 
Banned
Yeah I'm not saying a cheating girl is innocent (she's not). But I am saying if you know she has a legit bf, you aren't exactly being selfless by profiting from her cheating.

Going back to Zuck, raging narcissists aren't innocent as well. But Zuck isn't exactly being selfless by profiting from it with Facebook.

Edit: Also note that I'm not saying anyone should always be selfless. Doormats get walked on. But if we get to be selfish all the time, why don't elites like Zuck get to be so too?
 

Quintus Curtius

Crow
Gold Member
Dorkerberg here is simply playing the standard tax-shenanigans game of the uber-rich.

They move shit around, shuffle the deck, and PRESTO!: all is well.

Notice that he is giving away his SHARES, not raw cash. There is a difference. A business owner can get potentially huge cost savings by doing things this way, especially when the shares have fluctuated in value on the open market.

Bottom line?

'Ol Dorkerberg--that smirking, snickering, sweatshirt-wearing knob warrior with the supremely punchable face and moral grounding of a rudderless raft--is actually MAKING money by donating his shares.

And the media is trying to paint him as a hero, to boot.

Try to figure that one out...

Ah, humanity.
 

iop890

Peacock
Orthodox
Gold Member
Pride male said:
I got respect for Mark, rich with a seemingly loyal wife. I dont understand the hate. Cant knock his hustle.

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He's a spergy, androgynous autist with no honor, no moral code, and no loyalty to anything bigger than himself. He's a perfect example of the type of person(I'm not going to use the word 'man' to describe him) that AnonymousBosch occasionally posts about(correct me if I'm wrong AB), the type that would immediately turn on the group/gang/tribe if his own safety was a stake. Cuckerburg is not worthy of anyone's respect, certainly not the respect of anyone on this forum.

And even if you're a fedora that doesn't place any value on any of that, he's not even good at being a value-less hedonist. He's married to the one Asian girl on the planet that I don't want to fuck. He's a multi-billionaire married to a girl that I would have considered below me even as a game-less virgin in junior-high. That's about as impressive as me keeping a full body burn victim loyal.

But like Rio said, that isn't why he's hated.

He's hated because he's evil. He's working 24/7 to weaken the pillars of civilization, spread degeneracy, and wreck nations, all while helping Frau Merkel and the nu-stasi censor wrongthink™. If there is such a thing as real, objective evil, then people like Zuckerburg and Soros are it.
 

boets

 
Banned
Zuckerberg actually made a good product, although with help from the Napster founder, but still most of you use it.
If Zuckerberg had a 10 wife instead of 5, he would get respect here.
 

Papaya

Peacock
Gold Member
boets said:
Zuckerberg actually made a good product, although with help from the Napster founder, but still most of you use it.
If Zuckerberg had a 10 wife instead of 5, he would get respect here.

Animated-Cats-Boxing.gif
 
iop890 said:
And even if you're a fedora that doesn't place any value on any of that, he's not even good at being a value-less hedonist. He's married to the one Asian girl on the planet that I don't want to fuck. He's a multi-billionaire married to a girl that I would have considered below me even as a game-less virgin in junior-high. That's about as impressive as me keeping a full body burn victim loyal.

scarring-from-burns.jpg
 

PolymathGuru

Kingfisher
Gold Member
Roosh said:
Right in time before Soros dies. I wonder what "causes" Zuckerberg will support.

Most likely pro-liberal policies. He is already on that side of the fence.

Pride male said:
I got respect for Mark, rich with a seemingly loyal wife. I dont understand the hate. Cant knock his hustle.

I agree with Pride Male here. This isn't some fatass social justice cunt who couldn't achieve anything in the world. You're talking about someone who was able to achieve something most people couldn't do once in their life times. He knows more than five different languages, got accepted to the top university in the world, the dropped out to go onto better things. That says a lot about a person.

As for the wife hating for looks, each man his own. He may not be looking for the best looking wife. In another thread, we were discussing the traits we can have in a woman.

thoughtgypsy said:
When it comes to women, the saying goes “smart, sexy, and sweet… pick only two”.
Keep in mind what it means to have a wife. If you are looking for sexy in a wife, realize that you are looking for a woman that is a trophy wife. All trophy wives are basically women on life support with plastic surgey, botox and ect. That is the truth. He might be getting something else from his marriage than a "9 model woman." The chicks you fuck for sport aren't women that you should turn into a housewife.
 

speakeasy

Peacock
Gold Member
It's threads like this that make this forum valuable to me. I had a feeling something didn't seem right about this and I didn't like the way the media was falling all over themselves to shower him with accolades for his "selfless" act of charity. But you guys have shined the light on this. I figured something was up here. People are so fucking gullible in this society it's maddening.
 

booshala

Pelican
Gold Member
Whatever his political leanings or his sperginess, it was a legit business move that's going to cut down his taxes significantly. I'm not a tax expert, but that's what it seems like to me and with the libertarian bent many members have, I'm surprised that more posters don't at least give him props for shirking the taxman from his pound of flesh.

First Congress is swayed to change tax laws after Eduardo Saverin renounces his citizenship, and it seems more likely that the IRS will probably look to reevaluate their policies after the smoke clears on this one... Facebook fuckers aren't playing.
 

Quintus Curtius

Crow
Gold Member
One news outlet came out with an opinion piece that matched my own opinion on this, voiced yesterday. It's worth reading, as it gives an idea of the depth of mendacity and self-delusion of Dorkerberg:


[Here is the link: http://america.aljazeera.com/opinio...ing-zuckerberg-explains-his-big-giveaway.html]


America has a curious attachment to the idea of gaudy wealth as the ultimate fount of virtue. Sure, there are a handful of saintly figures in our past who thoughtlessly surrendered their narrow margins of material comfort, their family ties, and, in many cases, their lives for the sake of a higher social good. But your Dorothy Days, Joe Hills or Frederick Douglasses never occupy the ultimate pride of place in the pantheon of American do-gooding. No, those figures are the benevolent moguls (aka robber barons) — the market-conquering souls who endow universities, trusts, museums, think tanks and the like. Theirs are the names that get etched in stone, and the busts that command awed obeisance, while wilder-eyed reformers and dissidents are marshaled to the duller stretches of our history textbooks.

This week, 31-year-old Facebook founder Mark Zuckerberg became the latest blessed billionaire seeking to join these august ranks, with the announcement that he intends to give 99 percent of his Facebook stock, currently valued at $45 billion, to charity. In a post to his own site immodestly framed as a letter from him and his wife Priscilla Chan to their infant daughter Max — and by extension, to the precious human future she symbolizes — the info titan, who began his career by aggregating date-rapish estimations of the relative hotness of female Harvard undergrads, briskly takes on the role of enlightened caretaker of posterity.

Here is his mission statement for humanity (bold in original):

Our hopes for your generation focus on two ideas: advancing human potential and promoting equality.

Advancing human potential is about pushing the boundaries on how great a human life can be.

Can you learn and experience 100 times more than we do today?

Can our generation cure disease so you live much longer and healthier lives?

Can we connect the world so you have access to every idea, person and opportunity?

Can we harness more clean energy so you can invent things we can’t conceive of today while protecting the environment?

Can we cultivate entrepreneurship so you can build any business and solve any challenge to grow peace and prosperity?

Promoting equality is about making sure everyone has access to these opportunities — regardless of the nation, families or circumstances they are born into.

Our society must do this not only for justice or charity, but for the greatness of human progress. . . . .

Can we build inclusive and welcoming communities?

Can we nurture peaceful and understanding relationships between people of all nations?

Can we truly empower everyone — women, children, underrepresented minorities, immigrants and the unconnected?

If our generation makes the right investments, the answer to each of these questions can be yes — and hopefully within your lifetime.

Of course, enhancing human potential and combating inequality are worthy goals, as is the decision to disburse the cash reserves of our mogul class in their general direction. But we do well to heed the means by which our connectivity barons see all this social improvement coming to pass.

After all, in a genuine assault on inequality, the overall business model of Silicon Valley would have to be abandoned entirely, as tech critics such as Jaron Lanier and Evgeny Morozov have noted. By setting up outsized winner-take-all data combines like Facebook and Google, Silicon Valley accelerates key economic trends such as cartelization, income inequality and the gradual dissolution of the middle class — all under the grand enabling fiction of online liberation. Information, it turns out, doesn’t so much want to be free as it seeks ever more elaborate ways to conceal its surcharges — while creating, in figures like Zuckerberg, a whole new generation of market monopolists.

Zuckerberg, in the great tradition of mogul charity-bestowers who came before him, is largely conjuring a world of philanthropic activity in his own maximally flattering image.
More specifically, the measures that Zuckerberg goes on to envision aiding the frontline struggle for human betterment don’t actually suit the job at hand all that well. Zuckerberg, in the great tradition of mogul charity-bestowers who came before him, is largely conjuring a world of philanthropic activity in his own maximally flattering image. It’s a world in which the “unconnected” are numbered among the world’s oppressed masses, and in which it’s somehow a self-evident aspiration for a child to “cultivate entrepreneurship” in order to “build any business and solve any challenge to grow peace and prosperity.” Likewise, the mandate to “connect the world so you have access to every idea, person and opportunity” may as well have been cribbed from the Facebook VC prospectus, circa 2007.

It gets worse. For of course, the same Internet that has permitted Zuckerberg to amass his billions by monetizing the private data of Facebook users strikes him now as the mainspring of all significant social improvement:

It provides education if you don’t live near a good school. It provides health information on how to avoid diseases or raise healthy children if you don’t live near a doctor. It provides financial services if you don’t live near a bank. It provides access to jobs and opportunities if you don't live in a good economy.

The internet is so important that for every 10 people who gain internet access, about one person is lifted out of poverty and about one new job is created.

This is a core confusion of correlation and causation that should be worrisome in the case of anyone possessing Zuckerberg’s world-conquering storehouses of wealth and influence. While a job may crop up here and there among 10 percent of the world’s Internet users, there’s zero evidence that their clicking habits have produced it. Indeed, it’s a dead cinch, for example, that the Internet hasn’t lately added to the disastrously shrinking corps of paid musicians and writers, let alone to the ranks of unionized hotel workers or taxi drivers.

This blind tech-adulation has also fueled Zuckerberg’s earlier foray into philanthropy — his ballyhooed $100 million donation in 2010 to the Newark public schools, a gesture that doubled as publicity stunt for the anti-teacher’s union documentary “Waiting for ‘Superman.’” (And yes, part of Zuckerberg’s nine-figure outlay went to buy out senior and tenured Newark teachers, thereby eliminating still more union-protected jobs at the behest of an Internet kingpin.)

Just five years after Zuckerberg launched Newark’s brave new Facebook status as a capital of education reform, the whole boondoggle collapsed; PR consultants had bled the Newark school district’s now-flush budget to the tune of $1,000 per firm per day, for a staggering total of more than $20,000,000 in image-management expenditures. Meanwhile, the city’s actually existing families with kids in the schools grew so disenchanted with their new hi-tech overseers that they elected a new mayor, former Newark Central High principal Ras Baraka, to dismantle the whole endeavor and return the school system to some genuine semblance of community control.

The great irony here is that the colossal hubris displayed by Zuckerberg and his fellow members of the global knowledge elite bespeaks a giant educational failure in its own right. The myopic, magical-thinking faith in technology as a one-size-fits-all panacea for humanity’s ills betrays a willed retreat from engaging with the core material that shape our educational, economic, and personal achievement deficits across the globe. Nicholas Negroponte, the swaggering tech-prophet behind the MIT Media Lab, already made a stab at a version of Zuckerberg’s grand connectivity crusade back in the 1990s, with his lavishly funded, widely praised “One Laptop Per Child” initiative. The result was an unqualified bust: Peru, which followed up on actual school performance after Negroponte’s millennialist tidal wave of laptops washed over the country’s student population, found that educational performance was unchanged.

It’s not hard to see why. If you just add laptops, wireless connections or Facebook accounts to unevenly developed societies with yawning inequalities rooted in grotesquely distorted economic and political histories, those bedrock conditions will remain unchanged — and in more than a few cases, worsened. This is, indeed, the whole trouble with the Silicon moguls’ pet cause of “effective philanthropy” — their measures of effectiveness have everything to do with the moral vanity of the charitable giver, and nothing to do with the far more unpredictable and unmanageable living conditions of the recipient.

The man of wealth serves as the mere agent and trustee for his poorer brethren, bringing to their service his superior wisdom, experience and ability to administer, doing for them better than they would or could themselves.
Andrew Carnegie
There’s a second, instructive irony here as well. The digerati know-it-alls prescribing a new curriculum of world-saving knowledge for humanity evidently have scant familiarity with the history of their own do-gooding impulses. If our present-day info lords had the slightest curiosity about the history of American philanthropy, they’d soon learn the bracing tale of Andrew Carnegie, the 19th century steel titan who also made a point of largesse for the betterment of the world. Indeed, Carnegie laid out the principles of modern charitable giving in his celebrated 1889 tract “The Gospel of Wealth,” where he calmly explained that people of great wealth, by the simple logic of natural selection, should also oversee the proper channels of its dispersal.

“The man of wealth,” Carnegie preached, serves as “the mere agent and trustee for his poorer brethren, bringing to their service his superior wisdom, experience and ability to administer, doing for them better than they would or could themselves.”

“Having declared that his role in the larger evolutionary schema was to make as much money as possible so that he would have the maximum amount to give away, [Carnegie] was obligated to squeeze profits out of his enterprises,” Carnegie’s biographer David Nasaw notes. “And that required him to pay his workers as little as possible. … According to figures compiled by the geographer and historian Kenneth Warren, while the value of goods shipped from Carnegie mills increased by some 226 percent [between 1892 and 1899], the percentage of revenues paid out in wages decreased by 67 percent.”

It’s true that Zuckerberg extracts surplus value more from his user base than his in-house employees, but in structural terms, the similarities here are striking. In each case, the proprietor of a cartelized economic resource — steel in Carnegie’s case, data in Zuckerberg’s — discovers a sudden aptitude for philanthropic heroism. In each case, they pledge to give away the great bulk of their fortunes to charity — but in each case, they’ve succeeded largely in making over the recipients of their largesse into their own preferred virtuous image, and casually disregarding all manner of workers and citizens who don’t fit the template.

Carnegie never succeeded in carrying out his stated goal of giving away all his wealth before his death — and far from serving as the benevolent and enlightened face of corporate paternalism in his age, he and his company became bywords for the brutal repression of organized labor in the wake of their murderous handling of the 1892 Homestead strike. By the time he died, in 1919, he had become morbidly depressed by the calamity of the First World War — a conflict that, true to form, he thought he could spend out of existence by sponsoring a series of international peace conferences.

This glum epilogue to Carnegie’s philanthropic career is what the literary critic Walter Benjamin, cribbing the notion from Hegel, called “the cunning of history” — the idea that not only are the features of the taken-for-granted order of things other than what they appear to be, but can also mutate into their polar opposite. But perhaps Zuckerberg would conclude that Carnegie, too, simply lacked connectivity. With IMs, MOOCs and Oculus Rift — and the epic lack of self-awareness of our history-defying info-elite — this time will surely be different.
 

Dr. Howard

 
Banned
Gold Member
The Beast1 said:
Ahh another oligarch locking away his gains from the tax man.

Cuckerburg gets to "donate" his shares to a foundation which conveniently he gets to write off against future earnings. The foundation can then sell those shares capital gains tax free.

Even better is he can now pay a small group of people the right to "manage" it and then put his daughter in charge of it when she comes of age. They'll pay her a salary of $350,000 and her and her ilk will be set for life.

Biggest f*cking scam in the world. And the libtards get to think that Cuckerburg is being a good guy buy giving it to charity. Ha!

Agreed. This is also why he doesn't give it all right away. What he'll do is sit down with his accountant at the end of the year and be like "oh shit, looks like I made a bunch of money this year...looks like I need to dump X shares of facebook stock to the charity to offset the gains and pay no tax"

The news article should be retitled "Zuckerberg pulls a Bill gates and shelters his money from tax while you suckers get it withheld at the source" So he hides it from tax and creates a shadowy 'charity' that is really a political organization that will subvert society and socially engineer emerging populations into becoming his customers.

He ALSO will be able solicit donations to the foundation in exchange for access to data/features in facebook...the same way Hillary Clinton uses her foundation to exchange political favors

"Donating" to a foundation that has your name on it and that you de-facto control and then doing a press release about it has to be one of the lamest plays ever.

Jesus has a bit of commentary on that dick move

Giving to the Needy
Matthew 6:1-8

1 “Be careful not to practice your righteousness in front of others to be seen by them. If you do, you will have no reward from your Father in heaven.

2 “So when you give to the needy, do not announce it with trumpets, as the hypocrites do in the synagogues and on the streets, to be honored by others. Truly I tell you, they have received their reward in full. 3 But when you give to the needy, do not let your left hand know what your right hand is doing, 4 so that your giving may be in secret. Then your Father, who sees what is done in secret, will reward you.
 

rpg

Ostrich
boets said:
Zuckerberg actually made a good product, although with help from the Napster founder, but still most of you use it.
If Zuckerberg had a 10 wife instead of 5, he would get respect here.

The product sucks and they refuse to fix it. It is the online equivalent of the phonebook white pages with some yellow pages thrown in.
I have never clicked on an ad, ever and there is no way to remain unlisted.
Most intelligent people bave realized facebook is sham. That is why the Zuck is going to the third world for new sheep. It is a pyramid scheme that will blow out sooner or later. Maybe google will have their way with it and absorb it and make it better.
 

Macumazahn

Sparrow
Gold Member
"Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."
C. S. Lewis
 
All the oligarchs are doing it now - at least those who are on board with the globalist program and want to preserve their fortune for centuries to come.

Rockefeller didn't give away his fortune. He transferred the ownership of his companies to his multiple foundations. Many people don't know that a foundation in many countries has to spend only 1% of the income on something charitable. And charitable is a very versatile term - vaccinations for malnourished Africans without clean water (Gates), fostering of rebellions both internal as well as external from Fergusson, Ukraine to Egypt (Soros), promotion of the global warming scam and further massive future taxation - you can take your pick of "charitable" population-reduction genocidal meddling causes that are being sold as charitable actions.

Give me a break with all that stuff. Every bloody billionaire is transferring his assets to a foundation. Then his family inherits control of the foundation, part of the income is spent on globalist causes, the rest is reinvested within the family. In truth even a large family has no actual need for more than 1-5 billion in spending money. Their lifestyles are without effect regardless whether they have 1 billion or 30 billion in net assets. Of course the family assets within the foundation continue to grow and guess who still controls that company 50 years down the line? Guess who can get hired at any time as a CEO or become a well-paid board member? Who will have access to the company and properties?

Giving away - that's all bullshit. If they wanted to give it away, they would sell the shares and give the cash away, but no one has done that - not the Rothschilds, not the Rockefellers - and Buffett, Gates or Zuckerberg won't do that either. By the way - the Gates and Buffett foundations already are making additional investments like putting money into Monsanto, vaccine manufacturers etc. So a foundation works also as a private tax-free family fund. They even buy up and support media as was recently publicized for the Gates foundation (he gives away millions each year to Newspapers around the world - guess whether that would influence their coverage of him?).
 
I didn't even realize the fundamental difference between giving away shares and cash. If you give away cash then you lose a direct dollar value, if you give away shares you only lose theoretical value, unrealized profit. And as long as you still have 51%, then for such a huge company as Facebook, your wealth is not really affected since you couldn't really sell all 100% even if you wanted (dumping shares would lower value).
 

debeguiled

Peacock
Gold Member
Zelcorpion said:
If they wanted to give it away, they would sell the shares and give the cash away, but no one has done that - not the Rothschilds, not the Rockefellers - and Buffett, Gates or Zuckerberg won't do that either.

That about covers it.
 
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