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Zuckerberg To Donate 99% Of His Facebook Shares To "Advance Human Potential"

Tyler Durden's picture




 

Moments ago, in a joint letter with his wife Priscilla, Facebook founder Mark Zuckerberg announced that his wife had just given birth to a daughter, Max, but the real highlight of the letter is the part in the text in which he discloses that in order to "advance human potential" and "promote equality" for all children in the next generation, Zuckerberg begins the Chan Zuckerberg Initiative, and that in order to advance this mission, Zuckerberg will give 99% of his Facebook shares, currently worth $45 billion, to "advance this mission"

From the letter:

For your generation to live in a better world, there is so much more our generation can do.

 

Today your mother and I are committing to spend our lives doing our small part to help solve these challenges. I will continue to serve as Facebook’s CEO for many, many years to come, but these issues are too important to wait until you or we are older to begin this work. By starting at a young age, we hope to see compounding benefits throughout our lives.

 

As you begin the next generation of the Chan Zuckerberg family, we also begin the Chan Zuckerberg Initiative to join people across the world to advance human potential and promote equality for all children in the next generation. Our initial areas of focus will be personalised learning, curing disease, connecting people and building strong communities.

 

We will give 99% of our Facebook shares — currently about $45 billion — during our lives to advance this mission. We know this is a small contribution compared to all the resources and talents of those already working on these issues. But we want to do what we can, working alongside many others.

For the sake of "human potential" and equality of children everywhere, we for one hope that the value of the shares held by the proud new father retain their value in perpetuity, and that billions of people around the world do everything in their power to preserve their own "Facebook revenue generating potential" and spend as many of the 24 hours in a day in front of a Facebook screen as they possibly can, doing what they must for the sake of human betterment: clicking on ads.

 

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Tue, 12/01/2015 - 17:30 | 6862600 QQQBall
QQQBall's picture

I hate people like this

Tue, 12/01/2015 - 17:32 | 6862609 OrangeJews
OrangeJews's picture

During our lives

 

So... when they die?

Tue, 12/01/2015 - 17:35 | 6862629 johngaltfla
johngaltfla's picture

FB BS TRANSLATOR: He has inside information that the market is about to crash and he's going to fuck everyone he can on the way to his survival island.

Tue, 12/01/2015 - 17:36 | 6862645 FinalEvent
FinalEvent's picture

My thoughts exactly. 

Sell shit while you can. 

Buy bitcoin and repair your mistake.

Tue, 12/01/2015 - 17:48 | 6862696 SILVERGEDDON
SILVERGEDDON's picture

Jaysus - Bitcoin is the Facebook of currencies.

Superficial, prone to surveillance, and worthless to the user.

Well, I guess you got that part right.

Tue, 12/01/2015 - 17:49 | 6862702 pods
pods's picture

So Zucker wants to hide 99% of his wealth in a foundation?

What took him so long?  

pods

Tue, 12/01/2015 - 17:59 | 6862723 ZerOhead
ZerOhead's picture

Bingo!

Normally you have to create the Foundation first and then dump the proceeds of crime into it like the Clintons did. I guess it takes longer to avoid taxes when you already have the money.

Tue, 12/01/2015 - 18:18 | 6862832 Buckaroo Banzai
Buckaroo Banzai's picture

What sickens me about this, is the Cultural Marxists will get ahold of this foundation, just like they got hold of most of the other big foundations, to fund their evil purposes.

The Ford Foundation is the poster child for this shit. Look at all the progressive code words you can find on their website.

http://www.fordfoundation.org

Tue, 12/01/2015 - 19:10 | 6862961 Save_America1st
Save_America1st's picture

so the global NWO elitists created this little fag just like they did Bill Gates in order to lead the masses right into their traps.  They gave him what Fraudbook became and allowed him to become some sort of geek child celebrity just like Bill Gates, and allowed him to reap Billions while being the face and so-called "creator" of Fraudbook, essesntially a fucking marketing and spy system database for sheep-tards.  And so this is obvioulsy the same deal as Bill Gates got (who was already wealthy anyways by his sell-out, eugenicist dad).  Once they've made their Billions they will act and be billed as the saviors of humanity by the gov-scum and traitor media and willfully be the Judas Goats to lead all the sheep-tards to government tyranny and slaughter. 

They will "give" their Billions away for the "benefit of humanity" and will go down in revisionist history as little fucking angels.  Sure, this fraudulent little fuck head will get to keep 1%...sounds like he's going to be living in back alleys sleeping under cardboard boxes, completely destitute, right?  The sheep-tards would think so because they have no clue what somebody with 1% of 45 Billion dollars actually has left over.  450 Million.

This asshole will be preaching eugenics, global warming, anti-white racism, and all kinds of anti-Constitutional bullshit from coast to coast and will do or say anything for the NWO that they want him to for the rest of his worthless life. 

Hopefully it won't be a very long life. 

 

 

Tue, 12/01/2015 - 19:20 | 6863073 Blythes Master
Blythes Master's picture

Exactly.

Zuck you Fuckerberg.

I hope he eats shit and fucking dies.

Tue, 12/01/2015 - 19:29 | 6863108 SoilMyselfRotten
SoilMyselfRotten's picture

I hope he can suffer through a lifetime with a mere $450 million. Bless his heart.

Tue, 12/01/2015 - 19:35 | 6863134 MANvsMACHINE
MANvsMACHINE's picture

He must have had those shares hidden under his mattress in his Greek apartment.

Tue, 12/01/2015 - 20:14 | 6863313 J S Bach
J S Bach's picture
"Zuckerberg To Donate 99% Of His Facebook Shares To "Advance Human Potential"

That means it's going to the local yeshiva.

Tue, 12/01/2015 - 20:37 | 6863424 Divided States ...
Divided States of America's picture

Exactly, hes donating to the local synagogue to 'advance Jewish potential'. Motherzucker

Tue, 12/01/2015 - 20:54 | 6863498 bunzbunzbunz
bunzbunzbunz's picture

yeah...or he is getting to the age where he realizes he is mortal and most of the money means nothing. so maybe, juuuust maybe, he wants to try to help people. 

in reality, i think he probably wants to market himself as a good person, to make himself and his family less of a target to psycho fucks that actually believe he is an enemy of humanity.

Tue, 12/01/2015 - 21:49 | 6863672 Save_America1st
Save_America1st's picture

Oh, and don't forget about this from the humanitarian:

 

Zuckerberg calls Facebook users Dumb Fucks

Tue, 12/01/2015 - 22:09 | 6863746 tdag
tdag's picture

I didn't know DARPA had an AHP division.

Tue, 12/01/2015 - 20:54 | 6863499 Stainless Steel Rat
Stainless Steel Rat's picture

I want my great great great grandkids not to be wal-mart's serfs living paycheck to paycheck in a company owned apartment complex.  I imagine that when their generation comes about, land will be in the hands of about five landlords...

Tue, 12/01/2015 - 19:38 | 6863148 Blythes Master
Blythes Master's picture

Right on.

I was just thinking about how much of a pussy he is.

If he really REALLY wants to help humanity, he would donate 100% of his shares and go and live in a van down by the river. (TY Chris Farley.)

Tue, 12/01/2015 - 20:00 | 6863256 Goof
Goof's picture

I wanna donate 99% of my empty beer bottles to the cause too. 

Tue, 12/01/2015 - 23:46 | 6864120 Divided States ...
Divided States of America's picture

You never know, maybe in a year or two, an empty beer bottle will be worth more than a share of FB. So basically he aint donating much. Either way Zuckerberg is a Zcumbag extraordinaire.

Tue, 12/01/2015 - 21:11 | 6863555 mvsjcl
mvsjcl's picture

They were never his billions. Think JP Morgan.

Tue, 12/01/2015 - 19:42 | 6863165 Lost My Shorts
Lost My Shorts's picture

Actually, Foundation 2.0 is even more clever.  It becomes the prime customer for your new ventures.  "Personalised learning" is a euphemism for sticking school children in front of computers where they will be taught by expensive software sold by a for-lotsa-profit company in which Fzuck is a ground floor investor.  So you can pose as a doo-gooder and dodge taxes while funneling the money back to yourself.

Tue, 12/01/2015 - 19:49 | 6863199 aVileRat
aVileRat's picture

What I find incredible is that Zuck is just repeating the Carnigie/DuPont/Rockefeller/Gates/Buffett/Morgan strategy of entrusting your assets, installing your children as 'managers' and thus preventing the govt. from ever taking your wealth. People will see him for generations as a visionary, when in reality Zuckerburg is simply ring fencing his own assets from the future capital gain bill + wealth taxes which will affect the rest of the 99.9%.

 

Tue, 12/01/2015 - 17:58 | 6862742 Ignatius
Ignatius's picture

If he really wanted to help he'd use his money to buy a few simple political solutions.  Ironic, I know, but use his money to get concentrated corporate wealth out of the political system, as an example.  But you're right, pods, he's likely just sheltering it like that giant turd Gates and his foundation.

Tue, 12/01/2015 - 18:05 | 6862779 Implied Violins
Implied Violins's picture

He had to transition from baby eating to baby creating. Many oligarchs have trouble with that step...or combine the two.

Tue, 12/01/2015 - 20:38 | 6863418 Charming Anarchist
Charming Anarchist's picture

Yes and just like BitCoin, the FaceBook infrastructure has a lot of potential to be used for good shit but alas, untrustworthy. 

<<Jaysus - Bitcoin is the Facebook of currencies.>>

 

I have a different take on this news. 

I do not have the mental capacity to appreciate what $1Billion represents.  It means as much as telling me that the Sun is 90Million miles away.  Those ridiculously astronomic numbers are out of my league of comprehension. 

My caveman brain tells me to go with my gut and my gut tells me this is all theater hiding some other shit. 

My gut tells me that there is no liquid (i.e., convertible into REAL money today) value to FaceBook. 

 

 

 

When I first delved into FaceBook, I dreamed of the day where FaceBook would be the CostCo of the legal, security and financial worlds.  I reckoned that FaceBook would put all lawyers out of business by offering "Click Here" formal business, employment and marriage contracts.  Nope.  I reckoned FaceBook would offer cheap dispute resolution services.  Nope.  I reckoned FaceBook would offer life, disablity, medical, dental, car and property insurance packages to its customers.  Nope.  Nope.  Nope. 

The sky is the limit to how FaceBook can offer cheap freedom to folks.  Yet, it is nothing put nefarious bullshit. 

Tue, 12/01/2015 - 17:49 | 6862698 Say What Again
Tue, 12/01/2015 - 17:50 | 6862705 greenskeeper carl
greenskeeper carl's picture

i don't think you need 'inside information' to know that all of this isn't going to end well. Anyone paying attention should be able to tell you that.

 

As to the rest of it, fuck you, zuckerburg. You made your billions encouraging these young people you claim to care about waste their fucking lives sitting on your dumbass site. A whole generation of selfie taking narcicists ignoring each other in social settings while goofing off on their phones. You made your money selling ads to these same people, activiely encouraging them to sepnd mony they don't have on shit they don't need. This has to be one of the most glaring examples of blatant hypocracy Ive ever seen. Your daughters (and mine's) generation will be worse off than mine, which is worse than my parents because of "progressive" fucks like you. Fuck you, fuck off.

 

SIncerely, everyone who isn't a fucking idiot.

Tue, 12/01/2015 - 18:38 | 6862894 turnoffthewater
turnoffthewater's picture

carl,

now you did it. FB is going to data mine your ass and delete your FB page just to show you whose boss. I feel your pain man

Tue, 12/01/2015 - 19:22 | 6863083 greenskeeper carl
greenskeeper carl's picture

haha I deleted it myself about a year ago. don't miss it a bit. Your move, zuckerburg...

Wed, 12/02/2015 - 04:16 | 6864596 Axie
Axie's picture

You think you deleted it. :)

Tue, 12/01/2015 - 17:51 | 6862711 ZerOhead
ZerOhead's picture

Compound your mistake...

Tue, 12/01/2015 - 18:06 | 6862781 boattrash
boattrash's picture

As Carlin put it, "It's a big club, and you ain't in it".

But I liken this to a Motorcycle Club (called gang by some). They occasionally bring in "Prospects" not yet full-patch members, but if they play their cards right, for the club, they can become members. With Facefuck being a backdrop for Govt data mining, Snookerberg has joined.

Tue, 12/01/2015 - 22:57 | 6863934 robertsgt40
robertsgt40's picture

Yeah, I'm sure the Zuckster is gonna turn 99% of his $45B wiyh no strings.  Maybe he can help Gates depopulate Africa with even more "effective" vaccines 

Tue, 12/01/2015 - 17:37 | 6862648 beemasters
beemasters's picture

I reserve my judgment until I read the fine prints that FB keeps changing.

Tue, 12/01/2015 - 17:54 | 6862725 giggler321
giggler321's picture

>>FB BS TRANSLATOR

His name is Zucker not Sucker for sure.... and it's gone, next.

Tue, 12/01/2015 - 18:34 | 6862880 The Greek horse
The Greek horse's picture

Suckerburg what a genius right? He stole the idea from the twins in his college days.. AOL Myspace what now Facebook?? please this is a CIA/NSA experiment to keep big brother always in OUR homes... Steve Jobs was a real genius with   technological breakthrough for computer dummies like me.. Suckerburg just dumb ed down civilization.. FB has NO true value maybe this jerk off might be in for the short of the century...

Tue, 12/01/2015 - 19:51 | 6863212 Ward no. 6
Ward no. 6's picture

more credit needs to be given to Steve Wozniak

http://www.foundersatwork.com/steve-wozniak.html

Tue, 12/01/2015 - 21:44 | 6863656 golden kafir
golden kafir's picture

Sure once he pump & dumps his stock dry he can give his worthless stock away to charity.

Tue, 12/01/2015 - 19:35 | 6863132 SixIsNinE
SixIsNinE's picture

yes, sounds great - but it is just another tax shelter structuring like Gates did ...

the uber wealthy always have ways to structure their $$$ so as to gain favor from positive corporate media (owners by their crony ilk) ....

Remember Gates was said to have over $50 billion in 1992 ish ... which during the 1990's he could've played blind pinyata stock picking and become a trillionaire easily ... but it was always reported that his wealth stayed in the half/$100 billion range forever .... that's because he STRUCTURED it so it is NOT public knowledge ....   if he's got to be worth many $Trillz by now

Tue, 12/01/2015 - 20:28 | 6863382 Lorca's Novena
Lorca&#039;s Novena's picture

Once the see eye a is done with "his" program which Im sure they are abot there, the stock will retrace to where it should be, and that is on the OTC.

 

f you Cuckberg!!

Tue, 12/01/2015 - 22:10 | 6863749 zeropain
zeropain's picture

i hated zucky but i think his wife and kid has actualy gave him an identy of being good . like malinda sparked the do gooder in bill.  zucks a robot.  he want to be a good robot i guess.  the funny thing is that zucks not the only one who is going to turn do gooder as the rich will be hated soon enough....

Tue, 12/01/2015 - 17:45 | 6862686 AlphaDawg
AlphaDawg's picture

he's a dick

Tue, 12/01/2015 - 18:06 | 6862783 Miffed Microbio...
Miffed Microbiologist's picture

I was thinking sanctimonious prick but there's elegance in forthright simplicity. Now where is dogbreath!

Miffed;-)

Wed, 12/02/2015 - 22:20 | 6868926 dogbreath
dogbreath's picture

Since Zucker isn't a pathetic troll or naseous calipornia liberal commenter I don't care much.. 

Tue, 12/01/2015 - 18:04 | 6862774 Urban Redneck
Urban Redneck's picture

Hell no, they want to get all the money into that non-profit tax shelter/slush fund ASAP, before the US government goes Greek on the USSA serfs.

Tue, 12/01/2015 - 19:14 | 6863042 Kirk2NCC1701
Kirk2NCC1701's picture

WTF?  Zuckerberg, Buffet?  Whos' next with all this 'Goodwill to Men'?  Lord Bankfine and NuttyNyahoo?

What is this, are we expecting the imminent return of the Almighty or space alien Overlords*, that these people are trying to suck up to in a pre-emptive move? /s

Funny, but there will be a 2-part TV series on 14. Dec on the SciFi channel, based on Arthur C Clarke's classic novel "Childhood's End".  Lt. Uhura, do you have any communication from Karellen?  No?  Hmmm...

Tue, 12/01/2015 - 17:36 | 6862635 venturen
venturen's picture

let me guess the "donation" will involve a "foundation" that is "tax-free" and will support every aspect of their "offspring" "lifestyle". Kind of like the "rockefeller" foundation. Pays the CEO and others millions from TAX FREE SCAM!!!

Tue, 12/01/2015 - 17:54 | 6862726 pods
pods's picture

Yep, like every foundation running (Clinton, Gates). A way to escape taxes and preserve generational wealth.

pods

Tue, 12/01/2015 - 18:07 | 6862787 Dick Buttkiss
Dick Buttkiss's picture

Say what you will about Zuckerberg's move, income taxes are an abomination and, along with the Federal Reserve (both became law in 1913) have been two of the most virulent forces of our nation's destruction.

Tue, 12/01/2015 - 19:24 | 6863058 sgt_doom
sgt_doom's picture

". . . income taxes are an abomination and, along with the Federal Reserve (both became law in 1913). . . "

As did the oil depletion allowance and the financial structure of foundations and trusts, allowing for the hiding of ownership and the sheltering of stocks and bonds to avoid taxation and hostile takeover of said stocks!

(FYI:  When Rockefeller was supposed to break up his Standard Oil, what he had his lawyers and accountants do instead was to create various foundations, then create holding companies, shift his stocks to those, and move the ownership of said holding companies to his various foundations.  One of the dudes responsible for this, and credited with the creation of the first holding company, was Thomas Scott, later to become the Secretary of War under Lincoln, and the mentor of a guy named Andrew Carnegie --- so a Rockefeller stooge mentored Carnegie, which is probably why there today exists an Andrew Carnegie Rockefeller --- now guess who this dude is descended from?????)

Try to catch a clue sometime, douchey!

Tue, 12/01/2015 - 20:26 | 6863294 Dick Buttkiss
Dick Buttkiss's picture

You're speaking not to their efficacy but to the intrigue and endless corruption that income taxes have created.

The same goes for centralized, fractional-reserve banking.

All at the expense of the vast majority.

Got a clue?

 

Tue, 12/01/2015 - 19:14 | 6862980 layman_please
layman_please's picture

the tax free foundations are the primary link to influence education, science, policy, media, etc. it's as much about transferring wealth as about reprogramming the culture (that's where zuckerberg's shares are going to be used). that's the real power compared to the money, which is just a mean to the purpose of controlling the society in general. zuckerbergs, clintons and gates are new money. carroll quigley wrote about the old money from the wall street, mainly dominated by the jp morgan et al that established full control over many aspects of life (ivy league, media, left wing parties etc) in america already in the 1930-s. 

The American Establishment

Because of its dominant position in Wall Street, the Morgan firm came also to dominate other Wall Street powers, such as Carnegie, Whitney, Vanderbilt, Brown-Harriman, or Dillon-Reed. Close alliances were made with Rockefeller, Mellon, and Duke interests but not nearly so intimate ones with the great industrial powers like du Pont and Ford. [Because] ... of the great influence of this "Wall Street" alignment, an influence great enough to merit the name of the "American Establishment," this group could ... control the Federal government and, in consequence, had to adjust to a good many government actions ... [which they had secretly supported ]. The chief of these were in taxation law, beginning with the graduated income tax in 1913, but culminating, above all else, in the inheritance tax. These tax laws drove the great private fortunes dominated by Wall Street into tax-exempt foundations, which became a major link in the Establishment network between Wall Street, the Ivy League, and the Federal government. Dean Rusk, Secretary of State after 1961, formerly president of the Rockefeller Foundation and Rhodes Scholar at Oxford (1931-1933), is as much a member of this nexus as Alger Hiss, the Dulles brothers, Jerome Greene, James T. Shotwell, John W. Davis, Elihu Root, or Philip Jessup.

 

The Eastern Establishment in the U.S.

Behind this unfortunate situation lies another, more profound, relationship, which influences matters much broader than Far Eastern policy. It involves the organization of tax-exempt fortunes of international financiers into foundations to be used for educational, scientific, "and other public purposes." Sixty or more years ago, public life in the West was dominated by the influence of "Wall Street." This term has nothing to do with its use by the Communists to mean monopolistic industrialism, but, on the contrary, refers to international financial capitalism deeply involved in the gold standard, foreign exchange fluctuations, floating of fixed-interest securities and, to a lesser extent, flotation of industrial shares for stock-exchange markets. This group, which in the United States, was completely dominated by J. P. Morgan and Company from the 1880's to the 1930's was cosmopolitan, Anglophile, internationalist, Ivy League, eastern seaboard, high Episcopalian, and European-culture conscious. Their connection with the Ivy League colleges rested on the fact that the large endowments of these institutions required constant consultation with the financiers of Wall Street (or its lesser branches on State Street, Boston, and elsewhere) and was reflected in the fact that these endowments, even in 1930, were largely in bonds rather than in real estate or common stocks. As a consequence of these influences, as late as the 1930's, J. P. Morgan and his associates were the most significant figures in policy making at Harvard, Columbia, and to a lesser extent Yale, while the Whitneys were significant at Yale, and the Prudential Insurance Company (through Edward D. Duffield) dominated Princeton.

Tue, 12/01/2015 - 18:59 | 6862978 Agent P
Agent P's picture

Is this a donation to the Human Fund?  It's a Festivus miracle! 

Tue, 12/01/2015 - 17:44 | 6862660 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

If he really wanted to advance human potential he would shut down Facebook forever. 

Tue, 12/01/2015 - 17:54 | 6862729 pods
pods's picture

^this!

Tue, 12/01/2015 - 18:13 | 6862806 ZerOhead
ZerOhead's picture

^that!

Tue, 12/01/2015 - 18:29 | 6862866 blue51
blue51's picture

HAHA! I even tried to up-vote you Twice ZerOhed !

Tue, 12/01/2015 - 19:34 | 6863130 Secret Weapon
Secret Weapon's picture

No, he would get a vasectomy.

Tue, 12/01/2015 - 19:43 | 6863173 beemasters
beemasters's picture

Also true: "the FB idiots need to close their accounts forever."

Tue, 12/01/2015 - 17:43 | 6862675 abyssinian
abyssinian's picture

Tax saving scheme! Zuckerberg did more harm to the children on this planet than all the evils combined! 

Tue, 12/01/2015 - 17:49 | 6862699 Arnold
Arnold's picture

There still are several children in East Africa that have neither computer or tablet!

Tue, 12/01/2015 - 18:29 | 6862868 abyssinian
abyssinian's picture

the few lucky ones left ! Hope they continue to stay away from the evilness 

Tue, 12/01/2015 - 17:53 | 6862719 Noplebian
Noplebian's picture

Lindsey Williams Latest: Please I beg you, click on the link for the latest update regarding facebook from my elite friend……

http://beforeitsnews.com/conspiracy-theories/2015/12/lindsey-williams-la...

Tue, 12/01/2015 - 19:12 | 6863035 sgt_doom
sgt_doom's picture

Negative, jackholes (I can't believe people are still this stoooopid!!!!)!

Zuckerberg is going to shift his holdings over to foundations and trusts, in order to shelter his stocks, making them invulnerable to hostile takeovers, and to avoid taxation, and to hide future ownership, etc.

It's the usual bullcrap!

Tue, 12/01/2015 - 19:36 | 6863138 sgt_doom
sgt_doom's picture

While many here are fully cognizant of the financial constructs referred to as foundations and trusts, more than a few appear to need a historical refresher.

From America's greatest populist, the most honorable Texan, Wright Patman:

Tax-Exempt Foundations and Charitable Trusts:  Their Impact on Our Economy

http://www.slideshare.net/RareBooksnRecords/tax-exempt-foundationstheir-impactonoureconomyusgov1962140pgsgovpoleco

Also form the late and great Rep. Patman:

http://dissidentvoice.org/2009/03/wright-patmans-prescription-for-healing-the-cancerous-us-banking-system/

And,

http://www.devvy.com/pdf/2006_October/Patman_Primer_on_Money.pdf

And the classic book, The Rich and the Super-Rich from Ferdinand Lundberg:

http://www.soilandhealth.org/03sov/0303critic/030304lberg/030304toc.html

Tue, 12/01/2015 - 19:38 | 6863151 sgt_doom
sgt_doom's picture

And, furthermore:

http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh07-1.htm

Congressman Wright Patman, chairman of the House Banking and Currency Committee, proved in 1967 Hearings that 14 Rockefeller foundations held assets of more than $1 billion in Standard Oil stock. Not only did they pay no tax on this stock, but it gave them permanent control over the family owned firm. Rival financiers could not buy control of Standard Oil because its stock was insulated by foundation ownership. As Patman pointed out, the fact that the Rockefellers escaped paying huge sums in taxes gave them an unsurpassed market advantage over other firms which had to pay normal rates of taxation. The agitation for increased "corporate taxation" adds to Rockefeller's advantage. Patman said, "The Foundations are the best investments the Rockefeller family could have made."

A family member, Senator Nelson Aldrich, shepherded the General Education Board charter through Congress. The Rockefeller Foundation charter proved more difficult. It was a flagrant effort to evade government decrees against the Standard Oil monopoly, but was finally pushed through in 1913 by Sen. Robert F. Wagner of N.Y., setting aside $50 million in Standard Oil of New Jersey stock for "charitable work". The Rockefeller Foundation charter was signed on May 22, 1913.

Wed, 12/02/2015 - 01:17 | 6864379 Down to Earth T...
Down to Earth Thinking's picture

so 1913 was a hallmark and watershed year for the elites apparently, Hey ? given other events 

Wed, 12/02/2015 - 00:55 | 6864331 Down to Earth T...
Down to Earth Thinking's picture

So he stole what he has and that makes him a smart guy, Hey ? Beyond that he seems to think more popups and censorship will actually help children think some how ? This dumbass spoiled kid is the perfect example of what not to be and is praised just like Steve Jobs was . A rather clear statement on America today ! Dude is mind fucked and incapable of even one clear or rational thought and a days actual work would kill him ? I plan on living to see these elites eat shit !

Wed, 12/02/2015 - 22:14 | 6868907 dogbreath
dogbreath's picture

hate sucks.  i live in a mosquito infested place  but i don't hate them  -  sorry

Tue, 12/01/2015 - 17:32 | 6862607 Rainman
Rainman's picture

he's for human potential ? ..... what a complete and utter waste of 45 billion fiatscos !

Tue, 12/01/2015 - 17:32 | 6862611 roisaber
roisaber's picture

Advanced human potential for what?

Tue, 12/01/2015 - 17:52 | 6862717 KesselRunin12Parsecs
KesselRunin12Parsecs's picture

slavery

Wed, 12/02/2015 - 00:59 | 6864343 Down to Earth T...
Down to Earth Thinking's picture

like everything else, that is NOT defined but it sounds like a great thing of benevolence ? Very Obamaesque', fuck all these maniac control freaks 

Tue, 12/01/2015 - 17:35 | 6862623 vesna
vesna's picture

sell fast, tomorrow only 4,5 billion

shugarhill

Tue, 12/01/2015 - 17:33 | 6862624 raidh0
raidh0's picture

What the fuck would Zuckertard know about human potential?

Tue, 12/01/2015 - 17:35 | 6862626 g speed
g speed's picture

gag --puke

Tue, 12/01/2015 - 17:35 | 6862627 One And Only
One And Only's picture

All over the world? 

You know what $45 billion dollars can do for American kids? Everyone wants to adopt babies from Ethiopia and irradicate Malaria in Africa like Bill Gates. What in the actual fuck?

Why do none of these rich people walk around their neighboring municipalities and realize there are conditions in America similar to if not identical to 3rd world countries?

Tue, 12/01/2015 - 17:36 | 6862646 NoVa
NoVa's picture

that's the plan - pull them up while pushing US down.

 

Tue, 12/01/2015 - 17:47 | 6862691 Miffed Microbio...
Miffed Microbiologist's picture

The primary problem with American kids today is their American parents. Over indulgent and protective. Insistence on structured team sports vs inventive individual play. Not allowing failure which is paramount to learning. Indoctrinization vs showing them how to think. Solving their problems and organizing every minute of their lives. Shoving drugs down their face when they are distracted, " act out" or show rebellious nature. And last but not least implementing " everyone gets a trophy day" to celebrate mediocrity.

I will accept a check for my solution but I will reduce my fee 20% if paid in PMs.

Miffed;-)

Tue, 12/01/2015 - 18:55 | 6862964 ghengis86
ghengis86's picture

I know where you're coming from. My wife and I just look at each other and shake our heads at the sheer stupidity of other parents around us. Can't play outside without a parent watching them? Wonder why their kids are hyper and can't sit quietly and concentrate, then hand them coke, sugar laden "yogurt" and enough starch to choke a horse. I blame the parents too.

Judas. A terrible travesty.

Wed, 12/02/2015 - 01:05 | 6864360 Down to Earth T...
Down to Earth Thinking's picture

Because they are all completely disconnected from any reality except their billions. They are in fact just control freak sociopaths and psychopaths who do more damage than good by a long shot. Gotta enforce more vaccinations you know to increase autism and ADHD so the new crop is easily controlled ?

Tue, 12/01/2015 - 17:35 | 6862632 MoonSun
MoonSun's picture

Zuckerberg, Bill Gates, et al. Thanks!

These people are proof that freedom trumps government.

Tue, 12/01/2015 - 17:43 | 6862670 Dr. Engali
Dr. Engali's picture

You do know that he's not really donating his wealth right? Do you need a course in tax evasion for the rich 101? Loopholes for the oligarchs written by the oligarchs.

Tue, 12/01/2015 - 18:01 | 6862760 MoonSun
MoonSun's picture

There are people who know that the good you do to others, you do to yourself. I believe that too.

I trust Zuckerberg, Bill Gates, and others. Their actions speak for themselves.

Tue, 12/01/2015 - 18:11 | 6862799 Miffed Microbio...
Miffed Microbiologist's picture

Please be sarc...... Please be sarc. Oh dear god I don't want to be any more exasperated and cynical! I've broken my New Years resolution before Christmas. I think I'm going to be sick! Aaarrrggghhh! My synapses can't take the head banging!

Miffed;-)

Tue, 12/01/2015 - 18:13 | 6862804 Dr. Engali
Dr. Engali's picture

I hope you're being sarcastic, if not then you've taken stupid to a whole new level.

Tue, 12/01/2015 - 18:17 | 6862827 MoonSun
MoonSun's picture

They will surely benefit from tax deductions, but that is not the important part.

Don't you really believe that if you do good to others you do good to yourself? That is quite evident, man.

Tue, 12/01/2015 - 18:35 | 6862884 abyssinian
abyssinian's picture

moonsun, is because sheep like you that this world will forever under control by the most evilness.  It's not tax deductions, it's total tax avoidance while using all the billions of benefits to further control and extract wealthy from the middle class with their influence of the world governments while creating incidents, conflicts and kill millions! Liberalism is a mental dieases, you're beyond hopeless. 

Tue, 12/01/2015 - 19:46 | 6863190 SixIsNinE
SixIsNinE's picture

this is obviously MDB's Astrological minded cousin, and I appreciate his measured perceptions of humanity, the sarc is obvious and well placed ...  Hear Hear MoonSun, Welcome to Zero Hedge

please don't let the JunkHedge Dogs get you down, their bark is worse than their bite

Tue, 12/01/2015 - 18:36 | 6862892 graneros
graneros's picture

Doc, come on you of all people should know better than to engage these trolls. Look at this barking moon bat. 15 weeks 2 days, ya know why he/she/it is here.

Tue, 12/01/2015 - 19:42 | 6863170 Dr. Engali
Dr. Engali's picture

Yeah I know. Honestly I had a hard time deciding if he was being sarcastic, stupid, or a troll. After reading a few posts and looking at his profile I no know he's a stupid troll.

Wed, 12/02/2015 - 01:10 | 6864362 Down to Earth T...
Down to Earth Thinking's picture

no doubt, but stupid is here in spades in USSA today in many matters and events !

Tue, 12/01/2015 - 18:16 | 6862824 pods
pods's picture

"There are people who know that the good you do to others, you do to yourself."

What about the bad I do to myself?  Does that rub off on others or no?

pods

Tue, 12/01/2015 - 18:19 | 6862838 MoonSun
MoonSun's picture

Violence generates violence. Greed generates greed.

The way forward is TRUTH and LOVE. Always.

Remember: find truth, and use the power of truth to do good.

Tue, 12/01/2015 - 19:50 | 6863206 SixIsNinE
SixIsNinE's picture

Hear Hear MoonSun, who could downvote that ? 

Truth & Love my Brotha, Truth & Love - ....

however, protip :  "Forward" is code word for "Progressive", which has garnered a considerable amount of derision from concerned folks who don't want to get "forwarded" into a FEMA camp

 

Tue, 12/01/2015 - 19:20 | 6863076 sgt_doom
sgt_doom's picture

Exactly, what douchetard shitbags downgraded you twice???

And everyin frigging time some newsy whorescum writes or reports that a super-rich twit is "donating their money" they simply mean they are shifting more over to their tax-exempt foundations!

Tue, 12/01/2015 - 17:35 | 6862633 NoVa
NoVa's picture

That dude has learned from the Clinton playbook.  Establish a foundation and still continue to control the wind-fall assets through generation skipping tax entities.  Gates, Buffet, Clintons (from slush funds), etc...

From another century - a venture to "better" mankind:

The London Company (also called the Charter of the Virginia Company of London) was an English joint stock company established in 1606 by royal charter by King James I with the purpose of establishing colonial settlements in North America.[1]

The territory granted to the London Company included the coast of North America from the 34th parallel (Cape Fear) north to the 41st parallel (in Long Island Sound). As part of the Virginia Company and Colony, the London Company "owned" a large portion of Atlantic and Inland Canada. The company was permitted by its charter to establish a 100-square-mile (260 km2) settlement within this area. The portion of the company's territory north of the 38th parallel was shared with the Plymouth Company, with the stipulation that neither company found a colony within 100 miles (161 km) of each other.

Tue, 12/01/2015 - 17:36 | 6862640 NoWayJose
NoWayJose's picture

I potentially could use a billion... Or two...

Tue, 12/01/2015 - 17:44 | 6862676 Arnold
Arnold's picture

Ooo...Ooo..Ooo....me, me ,me ....

 I meet all the criteria..human and potential

Tue, 12/01/2015 - 17:37 | 6862652 venturen
venturen's picture

I think he should pay highest income tax on that 99% before it goes to the scam foundation TODAY!

Tue, 12/01/2015 - 17:37 | 6862653 souljaboy
souljaboy's picture

It's creepy, just plain creepy.

Tue, 12/01/2015 - 17:39 | 6862659 Kaiser Sousa
Kaiser Sousa's picture

this was breaking news on CNBC and Bloomberg...

listen, first of all that aint his baby  - the fucking fag (and that aint a slur against gay folks)...

Secondly - WHO GIVES A FUCK...

this country is doomed......................

Tue, 12/01/2015 - 17:40 | 6862664 aliki
aliki's picture

"to advance human potential"???

sooooo, does that mean he is assembling a human army to take out AMZN drones and TSLA & GOOG  Artificial Intelligence?

Tue, 12/01/2015 - 17:40 | 6862666 boattrash
boattrash's picture

So, is this like The Clinton Foundation, just another "legalized money laundering" system?

Tue, 12/01/2015 - 17:44 | 6862679 Dr. Engali
Dr. Engali's picture

Yes. I'm surprised that question needs to be asked.

Tue, 12/01/2015 - 18:19 | 6862839 boattrash
boattrash's picture

Done rhetorically...

Tue, 12/01/2015 - 17:44 | 6862671 Catastrophus
Catastrophus's picture

It would be nice if he creates a grant program that people like me can apply for.  Instead of donating to potentially corrupt charities, make that money available directly to people with ideas, projects, or needs, and forget the expensive, corrupt middleman.

Tue, 12/01/2015 - 17:43 | 6862674 Billy Sol Estes
Billy Sol Estes's picture

America needs another Pro-Eugenics Progressive Era to kick off this century in style.

Tue, 12/01/2015 - 19:14 | 6863046 NihilistZero
NihilistZero's picture

I'm all for eugenics.  All the so-called "elites" who want to reproduce their avarice and preserve their wealth while destroying ours should face sterilization or forced abortions.  I think we could see a lot of human progress in just a generation or two...

Tue, 12/01/2015 - 17:45 | 6862684 Raymond_K._Hessel
Raymond_K._Hessel's picture

Um....

What?

Tue, 12/01/2015 - 17:46 | 6862688 Bernoulli
Bernoulli's picture

That's generous. Let's hope FB is still worth something in 2016 when he plans to donate...

But did he think this through? How on earth are they going to cover their living costs in Palo Alto with only 450 Million USD worth of FB stocks left?

Tue, 12/01/2015 - 18:00 | 6862757 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Bah. Even in Palo Alto you could live comfortably on USD450M for a long, long time.

Anyway, Mark Zuckerberg is only 31. He only promised to give most of the loot away before he died. Typical life tables say he still has 48 years to see about it.

Tue, 12/01/2015 - 17:46 | 6862690 Tachyon5321
Tachyon5321's picture

Great way to avoid taxes, but keep control of the money...

Tue, 12/01/2015 - 17:47 | 6862694 Dr. Engali
Dr. Engali's picture

This is a tax evasion scheme so he can sell a concentrated position, avoid the tax consequences, and look like a saint to the sheep who will eat this up. People are just plain stupid.

Tue, 12/01/2015 - 17:51 | 6862712 Allen_H
Allen_H's picture

Who cares what that traitor to the world does, the fuckerberg cunt. I did not even read this trash.

Tue, 12/01/2015 - 17:55 | 6862731 moonmac
moonmac's picture

What a Schmuck!

Tue, 12/01/2015 - 17:55 | 6862733 philosophers bone
philosophers bone's picture

He wants to cash out and this is the only way the "Street" will accept it.  Callin all Bag Holders....

Tue, 12/01/2015 - 17:56 | 6862737 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Congratulations to Mr. and Mrs. Zuckerberg on the birth of their first son.

If the two of them are serious about advancing human potential---not to say healing our world---may I suggest that USD45 billion might have been better applied as a gift to clear about 45 percent of the State of Israel's external debt, as of 2014 around USD100 billion. What Israelis could have done with that money had they not had to spend it defending themselves from Arabs simply staggers the imagination.

The USD500-odd million left over will be more than enough for Max to live on for the rest of his days, and his progeny for several generations after that. Unfortunately, the House of Chan-Zuckerberg will have to live somewhere. If Max wants to sleep as well at night as an adult as he does now, that will have to be the Land of Israel. He won't be safe anywhere else for long.

Certainly not on the sinking ship that styles itself the United States of America.

(Yes, I know that by not everyone would consider Max a Jew because his mother was a Gentile. That won't mean a damn thing to President Huma Abedin, believe me.)

Tue, 12/01/2015 - 18:35 | 6862886 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Silly me for writing too quickly. Congratulations on their first daughter.

I stand by the rest of the message. Because someone decided to curse Israel instead of respectfully disagree, however, I'm afraid I must leave readers to make appropriate adjustments to the text themselves.

Tue, 12/01/2015 - 18:53 | 6862954 Raymond_K._Hessel
Raymond_K._Hessel's picture

NEW FOOTAGE :VIRAL: SHOW IDF SOLDIER THROWS KNIFE NEXT TO PALESTINIAN STUDENT AND ORDERS HER TO PICK IT UP AND PREPARED TO MURDER HER

New video. "Oblivious to the bus passenger capturing the events with his mobile device the IDF-Zionist soldier can be seen at the 1:30 mark throwing a what appears to be a knife on the ground and ordering the terrified girl to pick it up then getting prepared to shoot her but the soldier find out that someone in the bus was videotaping him as a witness and then arresting her and charging her with attempted stabbing".The girl ( 14 years old )was arrested and taken to an unknown location.The video Occurred at al-nashash checkpoint near Bethlehem. The young girl survived this experience thanks to the witness.

http://m.liveleak.com/view?i=75c_1449001183

This^ is holy "Israel" 'defending itself.'

So was this:

http://mondoweiss.net/2013/10/aftermath-assault-palestinian

And this:

http://www.smirkingchimp.com/thread/dave-lindorff/29412/israeli-lies-exp...

And this:

http://www.theguardian.com/world/2005/nov/16/israel2

...But to a Jew Supremacist psycho like this fake mick - non jewish life simply doesnt matter. core Judaism is *precisely* racism, xenophobia, megalomania and hate.

http://www.counterpunch.org/2014/04/07/why-is-the-us-honoring-a-racist-r...

http://failedmessiah.typepad.com/failed_messiahcom/2010/10/gentiles-exis...

http://www.bintjbeil.com/E/occupation/shahak.html

http://rense.com/general86/talmd.htm

https://electronicintifada.net/blogs/ali-abunimah/how-israel-protects-it...

http://www.alternet.org/world/how-israel-covers-its-ugly-racial-holy-war

http://www.seek-info.com/massacres.htm

http://iamthewitness.com/doc/Bunche.Report.on.Zionist.Terrorism.in.the.N...

http://youtu.be/buhpHTGAlTE

The Torah is naked racial supremacism, but the narrative of Jews as Eternal Victim (never cheater, robber, or murderer) and excessive Jewish social and media power protects findamentalist and Supremacist Jews from criticism which would be lavished on a Catholic or white European.

Which is why, without any doubt, at some point Israel will be destroyed unless it changes from its anti-humanism ethnic supremacism. A hate that is in fact the primordial root of Judeophobia.
***
THE CAUSES OF HOSTILITY TOWARDS JEWS: A HISTORICAL OVERVIEW
http://holywar.org/jewishtr/02hos.htm

***
The Way of the Rabbi: Racism, intolerance and the Jews
http://www.jesusneverexisted.com/chosen-people.html

All of the above regards *belief* and *behavior* not ineluctable ontological status. Not 'race' but worldview. the worldview "niall" holds.

Evil can only destroy.
http://youtu.be/i4OXmO3T2vc

Tue, 12/01/2015 - 23:33 | 6864065 jomama
jomama's picture

I'm just going to leave this here.

Tue, 12/01/2015 - 17:57 | 6862744 moonmac
moonmac's picture

Fakebook - where everyone's life is perfect right up until the next days long binge on booze and drugs.

Tue, 12/01/2015 - 18:02 | 6862765 Analog
Analog's picture

Fakebook - where everyone's life is perfect right up until the next days long binge on booze and drugs.

Hmmm, a recent one I saw was: FakeBook, for losers who can't make Real friends.

Wouldn't know, me be analog and sh!t, I don't do FakeBook.

Tue, 12/01/2015 - 18:13 | 6862808 moonmac
moonmac's picture

It’s mostly acquaintances. That’s why only true friends know the guy is actually in a 30 day detox after he gets 35 likes for posting a pic of him and his dog.

Tue, 12/01/2015 - 17:58 | 6862746 chrsn
chrsn's picture

Somebody's been bending Mark's ear about tax strategies.

Tue, 12/01/2015 - 18:02 | 6862766 XitSam
XitSam's picture

"... and promote equality for all children in the next generation"

Equality of opportunity or equality of result?  He didn't say.

Tue, 12/01/2015 - 18:02 | 6862767 atthelake
atthelake's picture

Uh oh. Why do I think this means advancing Common Core, vaccines and the Global Agenda?

Tue, 12/01/2015 - 18:03 | 6862771 JuliaS
JuliaS's picture

People all over the world = offshore subsidiaries. Kids = non-judicial non-taxable aid recipients. Human potential = private family fortune etc.

Zuckies are about to dodge some taxes, just like the Gates family, the Google-moguls and others had been doing for years.

And when it comes to taxes, don't get me wrong - when I hear of some rich cockzucker not paying his share I don't say he should. I say I shouldn't either.

Tue, 12/01/2015 - 18:04 | 6862773 moonmac
moonmac's picture

The Schmuck became an instant multi-billionaire by giving away something for free. I remember almost every TV commercial I watch but I can’t recall a single ad I’ve seen on FB. Actually when I do see an ad I immediately boycott the company and post every negative news article I can find about them to tell my 500+ friends about it. That’s advertising money well spent!

Tue, 12/01/2015 - 18:19 | 6862834 Evan Wilson
Evan Wilson's picture

Does any company ever get any sales from FaceBook or Google Ads?

The small companies that I know that have tried internet ad campaigns, got ZERO sales from Adwords. They setup a small test amount, and every month the amount was drained but they never got so much as one email or lead.

I also do not know anyone who ever bought anything from these ads.

The only research I could find showed the average ROI on internet ad campaigns as being a negative 75. (For every $100 spent on internet ads, only $25 in sales were generated.)

 

 

Tue, 12/01/2015 - 18:48 | 6862934 reload
reload's picture

This is

Exactly

My experience.

However, when we rebuilt our site with some help from a consultant who actually knows his trade we started getting less shit Results without ever using AdWords again. 

Back on topic: all hail the zuckerberg foundation. 

Sickening on so many levels

 

 

Tue, 12/01/2015 - 18:57 | 6862972 KCMLO
KCMLO's picture

I jumped in with some local ads for my business and to promote my radioshow.  Over 3,000 interactions but not a single traceable benefit in traffic or ratings.  Worthless.

Tue, 12/01/2015 - 19:11 | 6863030 tarabel
tarabel's picture

 

 

Fake up a couple of Angie's List subscribers to recommend your services and then target some useful zip codes. Don't waste money on any of their other shit.

Tue, 12/01/2015 - 19:55 | 6863232 Welfare Tycoon
Welfare Tycoon's picture

There are some people who do, but they are pro advertisers who use Black/Greyhat methods of advertising. They make a fucking killing off of this, but they do it by continually breaking the rules. The same goes for AdWords.

So long story short, most of the populace will not make jack shit since they try to do things the right way. The story here is the same as the rest of the current economy, only to a lesser extreme.

BE A FUCKING CRIMINAL!

Tue, 12/01/2015 - 18:05 | 6862778 adr
adr's picture

What would be nice is if it were impossible for human waste like Zuckerberg to make $45 billion in the first place.

Shut down Wall Street and nobody ever will again.

$45 billion for nothing. How much money has Facebook actually made? True GAAP here. My guess is less than zero.

Tue, 12/01/2015 - 18:05 | 6862780 Dan'l
Dan&#039;l's picture

This guy is a total pos. I was hoping Mrs. Faceberg would just take another dump, but no Mr. Faceberg wants to help the world, but he wants to dump on America. I've deactivated my Fecalberg Acct. I don't want to help this worm and his new kid, Max Faceberg.

Wed, 12/02/2015 - 00:25 | 6862789 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

Max Chen Zuckerberg has no future, Zuckerberg, unless you count being roasted on an open pit fire like a pig 'a future', motherfucker. Clearly, you just don't get that the ZOMBIES will cannibalize your latest parasite progeny for something to eat when the ZOMBIE Apocalypse manifests due to your collective Jew greed, tribe mofo.

 

Up yours, Suckerberg.

 

http://www.businessinsider.com/mark-zuckerberg-is-only-eating-food-he-kills-2011-5

Tue, 12/01/2015 - 18:24 | 6862853 Bruce Gender
Bruce Gender's picture

Cuckberg

Tue, 12/01/2015 - 19:34 | 6863129 dynomutt
dynomutt's picture

Zuck the Cuck

 

Ahh, DAMMIT

Tue, 12/01/2015 - 18:26 | 6862860 will ling
will ling's picture

meaningless. no "market" soon.

Tue, 12/01/2015 - 18:28 | 6862864 hotrod
hotrod's picture

Didnt he say he would do it over his life time?

Tue, 12/01/2015 - 18:30 | 6862871 moonmac
moonmac's picture

When the Fed raises rates and our economy crashes he can add up a million more Americans who will just sit at home posting useless crap on FB all day.

Tue, 12/01/2015 - 19:39 | 6863158 Analog
Analog's picture

When the Fed raises rates and our economy crashes he can add up a million more Americans who will just sit at home posting useless crap on ZH all day.

 

The (some) devil makes me do these things ... really!  ;-D

Tue, 12/01/2015 - 18:31 | 6862872 jaap
jaap's picture

avoiding taxes....

Tue, 12/01/2015 - 18:34 | 6862883 smacker
smacker's picture

"To "Advance Human Potential" "

 

Translation: "to advance Zionism"??

Tue, 12/01/2015 - 18:47 | 6862928 SharkBit
SharkBit's picture

My dream in life is to see the share price of FaceFuck go to ZERO. 

What a waste of young people minds today playing on FaceBook all day.  FaceBook = the decline of western civilization.  Other than that, cute baby.

Tue, 12/01/2015 - 21:31 | 6863613 Itchy and Scratchy
Itchy and Scratchy's picture

MZ will be outta the stock long before than happens ...only the sheeple will get sheared ...as usual! 

Do NOT follow this link or you will be banned from the site!