Bono will be very, very rich by 4 p.m. EST today

[jackovesk]

http://www.holymoly.com/sites/default/files/imagecache/mobile_450/getty_bono_facebook.jpg

Published: 10:59 AM 05/18/2012

If you needed one more reason to hate the insufferable lead singer of U2, go ahead and add this to the list: When Facebook goes public May 18, the $90 million investment Bono made in 2009 will turn into $1.5 billion by the end of the day.

Facebook’s IPO could make Bono the wealthiest rocker in the world, surpassing Beatles frontman Paul McCartney, who is currently worth $1.05 billion, according to New Musical Express.

Bono later denied the report, saying “this boy is not a billionaire or going to be richer than any Beatle.”

Long before the Facebook IPO was on the table, the Irish troubadour got a 2.3 percent stake in the company. The social media site is currently valued at $100 billion, which will make the singer a billionaire without hitting a single note.

It’s a “Beautiful Day,” indeed.

http://static.flickr.com/158/374717445_091f7249c5.jpg

UPDATE: As UK’s The Telegraph points out, Bono’s equity fim, Elevation, invested the $90 million in Facebook three years ago. While the investment will indeed multiply to the tune of $1.5 to $1.9 billion, Bono will not pocket all of that money alone. The nine other managing directors of Elevation will all bask in the glow of Facebook’s IPO.

Still, it does not suck to be Bono today.

http://farm3.staticflickr.com/2118/2215686545_ae5f44558b.jpg

This story has been updated to include Bono’s denial.

http://dailycaller.com/2012/05/18/bono-will-be-very-very-rich-by-4-p-m-est-today/

PS - Yes indeedy Bono the (Shill) and his Globalist NWO Criminal Buddies will be very happy indeed..!

http://www.u2station.com/images/political_events/bono_at_the_world_economic_forum_in_davos_switzerland_january_25_2006/wef2006_03.jpg

http://i.telegraph.co.uk/multimedia/archive/01244/bono_1244458g.jpg

[NewFounderHome]

Yes and so! Do we really care about Bono. I mean there just might be more important things. This is not towards you jackovesk but normally you have better subjects. You must be missing inspiration.

[GCS1103]

Good post, Jackovesk. There's an incredible hypocrisy with people in the entertainment industry that make obscene amounts of money, feel guilty about their wealth, and try to convince everyone that they're just like us. Here in New Jersey we have two music "icons"- Bruce Springsteen and Bon Jovi. Bruce Springsteen lives in a town called Colt's Neck and Bon Jovi lives in Shrewsbury. Both of them are worth hundreds of millions of dollars and Bruce, in particular, wants to portray himself as just like any other "working man".

The interesting story is that both of them live on huge estates, with vacant land attached to their property. Bruce has people plant trees on the attached vacant land and therefore gets a "farmland assessment" which brings his property taxes down to several hundred dollars a year, instead of about $150,000.00 and Bon Jovi has a "bee farm" on his vacant land also allowing him to reduce his property taxes to hundreds of dollars. Then they go out and talk about how the average guy just isn't doing enough to help and should pay more taxes into the government.

[apokalypse]

hmmm, they just gave him the money in welcome of joining the Elites and when he die he going give back e give back his fortune in form of so call donate to "charities" and we all know who are these "charities"...what ever it is money has no value-TPTB creation and you only leave it on planet earth

[jackovesk]

Yes and so! Do we really care about Bono. I mean there just might be more important things. This is not towards you jackovesk but normally you have better subjects. You must be missing inspiration.

Remember we have Guests & some Members that may not know the real 'Truth' about Bono..!

Just reminding them, is all...:)

[Whiskey_Mystic]

Now Bono might be able to cover his losses for the Spiderman Broadway show.

[meat suit]

Yes and so! Do we really care about Bono. I mean there just might be more important things. This is not towards you jackovesk but normally you have better subjects. You must be missing inspiration.

Remember we have Guests & some Members that may not know the real 'Truth' about Bono..!

Just reminding them, is all...:)

whats wrong with the man apart from being a christian and a smart investor? please enlighten me.....

[Ol' Roy]

All Bono would have to do is invest his money in FREE ENERGY-FE and the African continent would be free from all our invasions. Euro, China, Russia, and the USA! We've got BILL Gates and BONO TRYING TO SOLVE the African problem with their billions
,and on the other hand we have our own Wade Frazier, trying to find 6000 people to come to his level of thinking(Level 12)! Doesn't make sense does it? Go Wade, I'll bet you arrive there first. Please refer to Wade Frazier's thread. Also numerous threads by Illie, FE topics. Most inspiring.

[BMJ]

Rattle & hum,
I can't hum to that beat any more,
Bono you've lost your way,
I grew up listening to your tunes,
But now, um sorry no more.

[Moz]

Have been a fan for several years now of Bono-paraphernalia...and I'm not tired of it yet....
Just remember to put yourself in his shoes...become famous then get a huge chunk of gold...
How would you do in these circumstances?

...But meeting Bush???? WTF....like putting a chilli in my #$%^&.

Love to all and maybe ~angel in Harlem~
Moz

[BMJ]

Have been a fan for several years now of Bono-paraphernalia...and I'm not tired of it yet....
Just remember to put yourself in his shoes...become famous then get a huge chunk of gold...
How would you do in these circumstances?

...But meeting Bush???? WTF....like putting a chilli in my #$%^&.

Love to all and maybe ~angel in Harlem~
Moz

I'll put myself in his shoes and ask the questions. How much did he pay to be part of this elite club? How much did he have to compromise he's principals? What initations did he have participate in, to become part of this club? How much of his soul did he sell? And whilst Bono and U2 might be a brillant and talented band. All they may have had to have done to achieve their success makes them very vulgar people.

A man is not to be measured by his success or fame but by his actions.

[toad]

Yes and so! Do we really care about Bono. I mean there just might be more important things. This is not towards you jackovesk but normally you have better subjects. You must be missing inspiration.

Remember we have Guests & some Members that may not know the real 'Truth' about Bono..!

Just reminding them, is all...:)


What truth about bono is this supposed to be highlighting? He invested wisely, or his firm did, or the firm he's apart of, I don't know if he owns it or not. I don't see a problem, this is America, if I had 90,000,000$ I may also have invested in a young facebook, even though I don't like the company but if my m.o. was to make lots of money it seems like a totally viable proposition.

[wynderer]

who cares how much $$ Bono is making -- ?!? -- you Humans are so in love w/money

your planet is being nuked & your species is in the final stages of being totally taken over by an evil NWO

[toad]

who cares how much $$ Bono is making -- ?!? -- you Humans are so in love w/money

your planet is being nuked & your species is in the final stages of being totally taken over by an evil NWO


Am I missing something here? Are you not human, is this not our planet? Who's nuking our planet? I've not been made aware of such things.

[Whiskey_Mystic]

Have been a fan for several years now of Bono-paraphernalia...and I'm not tired of it yet....
Just remember to put yourself in his shoes...become famous then get a huge chunk of gold...
How would you do in these circumstances?

...But meeting Bush???? WTF....like putting a chilli in my #$%^&.

Love to all and maybe ~angel in Harlem~
Moz

I've met with a few world leaders. I've had my picture taken with a few. I was even on TV once talking to one, a meeting that was covered on the evening news in Thailand. I don't think I have joined the dark side.

Maybe there is something I don't know about Bono, but I don't see success as a crime. If I were in his shoes, I would be doing the same thing. I would infiltrate the elites and meet them face to face. Befriend them. And then turn their way of thinking. It is an Aikido strategy rather than a Karate strategy. That's what i would do.

And nobody is perfect. Not even rich, famous people. Bono clearly likes attention. I don't have a problem with that. I'd say he picked the right profession.

[DeDukshyn]

So he wisely invested some money and got rich? What an a$$!!! My poor children!!

??????????????????????????????????????????????????????????????????????????????? -- I'm confused. What this thread does show us is people's love for hatred, even from people we expect to act better. Hate is a horrible disease that we all pretend we don't have while we point fingers..

[StarDust]

Good for Bono. He invested wisely in a tech company that was not built on the backs of others (no theft of resources or slave labor occurred while FB was in creation) and will reap the rewards accordingly. As a technologist, I applaud anyone who stood by the company while fortunes were being amassed. Unless you have been in this situation yourself, you have no idea of the blood sweat and tears, not to mention financial uncertainty that is associated with this process. Bono may only have been an investor, but it is investors who make the entire project feasible and viable.

With that said, and in regard to your post, guilt by association is not a credible argument in my book. It is intent and actions that matter and Bono has violated neither.

He may not be pure enough in your eyes, but he is doing something to make a difference and using his celebrity, responsibly, to do so.

I would say that the following overshadows the photo ops you have posted…

Humanitarian work

Bono has become one of the world's best-known philanthropic performers and was named the most politically effective celebrity of all time by the National Journal.[83][84][85] He has been dubbed, "the face of fusion philanthropy",[86] both for his success enlisting powerful allies from a diverse spectrum of leaders in government, religious institutions, philanthropic organisations, popular media, and the business world, as well as for spearheading new organizational networks that bind global humanitarian relief with geopolitical activism and corporate commercial enterprise.[87]

In a 1986 interview with Rolling Stone magazine, Bono explained that he was motivated to become involved in social and political causes by seeing one of the Secret Policeman's Ball benefit shows, staged by John Cleese and producer Martin Lewis for the human-rights organisation Amnesty International in 1979.[88] "I saw 'The Secret Policeman’s Ball' and it became a part of me. It sowed a seed..." In 2001, Bono arranged for U2 to videotape a special live performance for that year's Amnesty benefit show.

Bono and U2 performed on Amnesty's Conspiracy Of Hope tour of the United States in 1986 alongside Sting.[12] U2 also performed in the Band Aid and Live Aid projects, organised by Bob Geldof.[89] In 1984, Bono sang on the Band Aid single "Do They Know it's Christmas?/Feed the World" (a role that was reprised on the 2004 Band Aid 20 single of the same name).[90] Geldof and Bono later collaborated to organise the 2005 Live 8 project, where U2 also performed.[13]

Since 1999, Bono has become increasingly involved in campaigning for third-world debt relief and raising awareness of the plight of Africa, including the AIDS pandemic. In the past decade Bono has met with several influential politicians, including former United States President George W. Bush and former Canadian Prime Minister Paul Martin.[91] During a March 2002 visit to the White House, after President Bush unveiled a $5 billion aid package, he accompanied the President for a speech on the White House lawn where he stated, "This is an important first step, and a serious and impressive new level of commitment. ... This must happen urgently, because this is a crisis."[91] In May of that year, Bono took US Treasury Secretary Paul H. O'Neill on a four-country tour of Africa. In contrast, in 2005, Bono spoke on CBC Radio, alleging then Prime Minister Martin was being slow about increasing Canada's foreign aid.[92] He was a nominee for the Nobel Peace Prize in 2003, 2005, and 2006 for his philanthropy.[14][93][94]

In 2004, he was awarded the Pablo Neruda International Presidential Medal of Honour from the Government of Chile.[95] Time Magazine named Bono one of the "100 Most Influential People" in its May 2004 special issue,[96] and again in the 2006 Time 100 special issue.[97] In 2005, Time named Bono a Person of the Year along with Bill and Melinda Gates.[18] Also in 2005, he received the Portuguese Order of Liberty for his humanitarian work.[98] That year Bono was also among the first three recipients of the TED Prize, which grants each winner "A wish to change the world".[99] Bono made three wishes,[100] the first two related to the ONE campaign and the third that every hospital, health clinic and school in Ethiopia should be connected to the Internet. TED rejected the third wish as being a sub-optimal way for TED to help Africa[100] and instead organised a TED conference in Arusha, Tanzania. Bono attended the conference, which was held in June 2007, and attracted headlines[101] with his foul-mouthed heckling of a speech by Andrew Mwenda.

In 2007, Bono was named in the UK's New Years Honours List as an honorary Knight Commander of the Order of the British Empire.[17][102] He was formally granted knighthood on 29 March 2007 in a ceremony at the residence of British Ambassador David Reddaway in Dublin, Ireland.[103]

Bono also received the NAACP Image Award's Chairman's Award in 2007.[104] On 24 May 2007, the National Constitution Center in Philadelphia announced that Bono would receive the Philadelphia Liberty Medal on 27 September 2007 for his work to end world poverty and hunger.[105] On 28 September 2007, in accepting the Liberty Medal, Bono said, "When you are trapped by poverty, you are not free. When trade laws prevent you from selling the food you grew, you are not free, ... When you are a monk in Burma this very week, barred from entering a temple because of your gospel of peace ... well, then none of us are truly free." Bono donated the $100,000 prize to the organisation. Ngozi Okonjo-Iweala accepted the award for the Washington-based Debt AIDS Trade Africa.[106]

In 2005 he recorded a version of Don't Give Up with Alicia Keys, with proceeds going to Keep a Child Alive.[107]

On 15 December 2005, Paul Theroux published an op-ed in the New York Times called The Rock Star's Burden (cf. Kipling's The White Man's Burden) that criticised stars such as Bono, Brad Pitt, and Angelina Jolie, labelling them as "mythomaniacs, people who wish to convince the world of their worth." Theroux, who lived in Africa as a Peace Corps Volunteer, added that "the impression that Africa is fatally troubled and can be saved only by outside help—not to mention celebrities and charity concerts—is a destructive and misleading conceit."[108] Elsewhere, Bono has been criticised, along with other celebrities, for "[ignoring] the legitimate voices of Africa and [turning] a global movement for justice into a grand orgy of narcissistic philanthropy".[109]

On 3 April 2005, Bono paid a personal tribute to John Paul II and called him "a street fighter and a wily campaigner on behalf of the world's poor. We would never have gotten the debts of 23 countries completely cancelled without him."[110] Bono spoke in advance of President Bush at the 54th Annual National Prayer Breakfast, held at the Hilton Washington Hotel on 2 February 2006. In a speech containing biblical references, Bono encouraged the care of the socially and economically depressed. His comments included a call for an extra one percent tithe of the United States' national budget. He brought his Christian views into harmony with other faiths by noting that Christian, Jewish, and Muslim writings all call for the care of the widow, orphan, and stranger. President Bush received praise from the singer-activist for the United States' increase in aid for the African continent. Bono continued by saying much work is left to be done to be a part of God's ongoing purposes.[11]

The organisation DATA (Debt, AIDS, Trade, Africa) was established in 2002 by Bono and Bobby Shriver, along with activists from the Jubilee 2000 Drop the Debt Campaign.[111] DATA aims to eradicate poverty and HIV/AIDS in Africa.[111] DATA encourages Americans to contact senators and other legislators and elected officials to voice their opinions.[111]

In early 2005, Bono, his wife Ali Hewson, and New York-based Irish fashion designer Rogan Gregory launched the socially conscious line EDUN in an attempt to shift the focus in Africa from aid to trade.[112] EDUN's goal is to use factories in Africa, South America, and India that provide fair wages to workers and practice good business ethics to create a business model that will encourage investment in developing nations.[113]

Bono was a special guest editor of the July 2007 issue of Vanity Fair magazine. The issue was named "The Africa Issue: Politics & Power" and featured an assortment of 20 different covers, with photographs by Annie Leibovitz of a number of prominent celebrities, political leaders, and philanthropists. Each one showcased in the issue for their contributions to the humanitarian relief in Africa.[114]

In an article in Bloomberg Markets in March 2007, journalists Richard Tomlinson and Fergal O’Brien noted that Bono used his band's 2006 Vertigo world tour to promote his ONE Campaign while at the same time "U2 was racking up $389 million in gross ticket receipts, making Vertigo the second-most lucrative tour of all time, according to Billboard magazine. . . . Revenue from the Vertigo tour is funnelled through companies that are mostly registered in Ireland and structured to minimise taxes."[115]

Further criticism came in November 2007, when Bono's various charity campaigns were targeted by Jobs Selasie, head of African Aid Action. Selasie claimed that these charities had increased corruption and dependency in Africa because they failed to work with African entrepreneurs and grassroots organisations, and as a result, Africa has become more dependent on international handouts.[116] Bono responded to his critics in Times Online on 19 February 2006, calling them "cranks carping from the sidelines. A lot of them wouldn’t know what to do if they were on the field. They’re the party who will always be in opposition so they’ll never have to take responsibility for decisions because they know they’ll never be able to implement them."[117]

In November 2007, Bono was honoured by NBC Nightly News as someone "making a difference" in the world.[118] He and anchor Brian Williams had travelled to Africa in May 2007 to showcase the humanitarian crisis on the continent.[119] On 11 December 2008, Bono was given the annual Man of Peace prize, awarded by several Nobel Peace Prize laureates in Paris, France.[120]

Product Red is another initiative begun by Bono and Bobby Shriver to raise money for the Global Fund to Fight AIDS, Tuberculosis, and Malaria.[121] Bobby Shriver has been announced as the CEO of Product Red, whilst Bono is currently an active public spokesperson for the brand. Product Red is a brand that is licensed to partner companies, such as American Express, Apple, Converse, Motorola, Microsoft, Dell, The Gap, and Giorgio Armani.[122] Each company creates a product with the Product Red logo and a percentage of the profits from the sale of these labelled products will go to the Global Fund.[123]

http://en.wikipedia.org/wiki/Bono

So this begs the question…what have you done for humanity on a large scale that would put you in a position to criticize Bono's work?

[toad]

So he wisely invested some money and got rich? What an a$$!!! My poor children!!

??????????????????????????????????????????????????????????????????????????????? -- I'm confused. What this thread does show us is people's love for hatred, even from people we expect to act better. Hate is a horrible disease that we all pretend we don't have while we point fingers..


Thats what I'm saying, he made a wise investment decision, hats off to em.

[NewFounderHome]

Yes and so! Do we really care about Bono. I mean there just might be more important things. This is not towards you jackovesk but normally you have better subjects. You must be missing inspiration.

Remember we have Guests & some Members that may not know the real 'Truth' about Bono..!

Just reminding them, is all...:)

Your Right dear friend, your right! But is Bono worth talking about? While He or this subject change anything.

[Moz]

Have been a fan for several years now of Bono-paraphernalia...and I'm not tired of it yet....
Just remember to put yourself in his shoes...become famous then get a huge chunk of gold...
How would you do in these circumstances?

...But meeting Bush???? WTF....like putting a chilli in my #$%^&.

Love to all and maybe ~angel in Harlem~
Moz

I've met with a few world leaders. I've had my picture taken with a few. I was even on TV once talking to one, a meeting that was covered on the evening news in Thailand. I don't think I have joined the dark side.

Maybe there is something I don't know about Bono, but I don't see success as a crime. If I were in his shoes, I would be doing the same thing. I would infiltrate the elites and meet them face to face. Befriend them. And then turn their way of thinking. It is an Aikido strategy rather than a Karate strategy. That's what i would do.

And nobody is perfect. Not even rich, famous people. Bono clearly likes attention. I don't have a problem with that. I'd say he picked the right profession.

Dear Whiskey_Mystic

There are just people you don't meet, specially when much info is available about crimes, death and overall performance (good and not so good).
and as you put it: I would probably do the same as Bono except meet the likes of president Bush while being president...
I mean maybe the ex president may now need lots of help if he in earnest want to change his life...and I would help him... now that he is an ex...

Big hug Whiskey_Mystic
Moz

[Nickolai]

So,Jack!

Now it is Bono?
In my opinion he is vey talantive guy.
What are your ususal negatives?

I am reaaaally breathless! Now Bono it is?


Speechless,
Nick
PPS What do you think about Donna Summer, who was not sint but gave so much of herself to the publick? B**ch? This foum, where you are one of the main speeckers really gets on my nerve. Incredible! Just inhuman! You break away people likes! WHY ON EARTH?

BANG-BANG!
PS We had Amy that was drunkard and drugaddict, then Whitney. And just for my interest, keeping in mind that you hate everyone I admire who do you think about highly? i am highly curios (and furious)!

And,Jack, I also would love to know your approach. Do you try to find the most scandolous stuff?
Why this approach of division? The guy got money?Bless him! He deserves it! Speechless and tired I am!

[Whiskey_Mystic]

Jackovesk,

I'll ask the same question as Nickolai, but without the more confrontational rhetoric. I am curious who DO you admire? Who are your heroes? Mine are mostly poets and unfortunately poets don't seem to have much effect on the world. Feel free to just PM me if this is too off-topic for the thread.

Thanks.

[Nickolai]

just to add, whenI presented at the Reconnection seminar in Amsterdam, Dr Pearl has asked: Do not put any music duriing the session. Not even "Disco hits of the Pleadies 2009". Guys where do you get the stuff?
Same here! Jack, where do you get the stuff? Would not be better to get involved in betterment of peoples life than dvision?

Bono, might need some money and if he needs billions that's OK with me. He actually got involved himself in the projects helping people worldwide,
Why he is under your pin now? Clarify please,
I am curious why peolple here not questioning?

Nickolai

[Anchor]

The real issue is not that Bono gets rich, but that such large amounts of money can be fabricated in this fashion.

Facebook is not worth this money :)

[Nickolai]

Dear wynderer ,

I also am lost why you talk to us (me) as you are being an off-planet being?
Your manner of addressing people here (onmany posts) is very arrogant as I can perceive (I am not english speaking) and your troubles with not humans are under a huge question mark (at least for me).
I suppose this forum has not turned into the off-planet forum.
So please come down to us humans with human talks and please have a kind human dialogue (at least please try, will you?).
I have no guilt that I do not share the same expeience with you and till I do face those experiences myself yours are in no use to me.

I ahve no intentions of being rude but many times when I read your posts I just think "wow, that's just indredible!".
Nickolai

[AtlantisMoons]

I hope he buys a new pair of glasses.........What a dork.

[Positive Vibe Merchant]

I think alot of you are missing the point here.

besides being a talentless hack.. this being my personal view, I mean come on... but as Anchor referred to, the money is fabricated. Smart money decision? Of course it was, but Bono has been on the inside for some time now. He has found a way to get what he wants without getting his hands dirty.

a throw away statemwent, but I do recall him saying in an interview that he never takes those stupid glasses off his head because the eyes are the window to the soul and he doesn't want anyone else to be that close to him.

Anyway, Bono portrays himself in a certain way.. But he knows his role.

PVM

[jackovesk]

who cares how much $$ Bono is making -- ?!? -- you Humans are so in love w/money

your planet is being nuked & your species is in the final stages of being totally taken over by an evil NWO

My Gripe with Bono has absolutely nothing to do with the $$$Money...:nono:

But 'Everything' to do with Bozo 'SELLING HIS SOUL' to the Devil NWO & Elite..!!!!

[Ellisa]

So much hatred and jealousy, Jack. Try liking something for a change.

Bono, whom I know little about, sounds like a selfish poseur with some small talent, from the stuff I am reading here. Whilst this is a bit reprehensible, it scarcely makes him the Spawn of Satan simply because he has made a massive sum of money by legally gambling in money stocks and talking to the elected President of the country in which he lives.

On the other hand, only one point of view on Bono is being represented here, and for all I know he may be doing part time volunteering with Medicins Sans Frontiers.

Why spend so much poisonous energy hating someone I presume you scarcely know so much,
R E L A X !

[Fred Steeves]

http://www.holymoly.com/sites/default/files/imagecache/mobile_450/getty_bono_facebook.jpg

Published: 10:59 AM 05/18/2012

[B]If you needed one more reason to hate the insufferable lead singer of U2, go ahead and add this to the list:


Jack, outrage only breeds more outrage. As McCoy would say to Capt. Kirk: "For god's sake Jim!"

http://nexus.2012info.ca/forum/images/smilies/smiley-slapping.gif I love your intellect and independent spirit my friend, but it's time for you to belly up to the bar and really be the change you want to see in this world bro. Pardon me to put forth my all time favorite Alex Collier quote: "No more bullsh!t!"



Jack, whether you believe me or not doesn't matter a rat's ass, but I'm telling you, here is your present choice. You can choose to be a voice of outrage, or a voice of harmony. As with all of us, YOU make the call brother.

Cheers Mate,
Fred

[Seikou-Kishi]

Have been a fan for several years now of Bono-paraphernalia...and I'm not tired of it yet....
Just remember to put yourself in his shoes...become famous then get a huge chunk of gold...
How would you do in these circumstances?

...But meeting Bush???? WTF....like putting a chilli in my #$%^&.

Love to all and maybe ~angel in Harlem~
Moz

You're right, maybe success on his scale would be enough to sway anybody's principles.

In that case, I hope success never happens to me.


Jack, outrage only breeds more outrage. As McCoy would say to Capt. Kirk: "For god's sake Jim!"

http://nexus.2012info.ca/forum/images/smilies/smiley-slapping.gif I love your intellect and independent spirit my friend, but it's time for you to belly up to the bar and really be the change you want to see in this world bro. Pardon me to put forth my all time favorite Alex Collier quote: "No more bullsh!t!"

You're completely top notch Fred! :D

[toad]

Selling his soul to the NWO and Elite? Prove it,. This pointless hate and outrage is on the verge of being childish and just silly. We should focus our time and energy on more important and honestly more fascinating things. Who really cares about bono and his money, seriously, as if there aren't more real things in the world to discuss and shake our fists at. :llama:

[BMJ]

I'm sure Jack likes alot of things which he doesn't talk about here, and this is not the forum for that.

This forum is hear to help us expose and understand those whom wish to hide their true intentions behind a veil. Jack is very insightful, informed, passionate and vocal about the things he doesn't like, and that is what he express here and I think many of us appreciate and look forward to Jack's posts as I do.

If you don't like what Jack has to say don't go shoot the messenger when he has our interests at heart.

[Cartomancer]

I'm going to hit Bono Vox up for a few samolians the next time I party with him in Vegas. Maybe he'll use his 1.4 BILLION with a B to pay off some of the debt of the third world countries. With that he could practically buy one of those countries. Bono is at least trying to do some good even if we don't agree with the people he is working with.

[Whiskey_Mystic]

I'm sure Jack likes alot of things which he doesn't talk about here, and this is not the forum for that.

This forum is hear to help us expose and understand those whom wish to hide their true intentions behind a veil. Jack is very insightful, informed, passionate and vocal about the things he doesn't like, and that is what he express here and I think many of us appreciate and look forward to Jack's posts as I do.

If you don't like what Jack has to say don't go shoot the messenger when he has our interests at heart.

I don't think anyone is shooting the messenger. People are asking for clarification. If Bono is the Anti-Elvis then I would like to know why. Other than pictures of Bono with world leaders, I don't have anything to go on. One of my heroes, Jane Goodal, has also been photographed with world leaders and so have I, so that doesn't mean much to me. If Bono is a bad guy, I want to be educated about it. Give us a bone, man.

[RMorgan]

Hey folks,

Personally, I don´t care about how much money a person may have.

What I do care, is what this person will actually do with his/her money.

Persons like Bill Gates, who have huge amounts of money to actually change the world for good, but end up doing the contrary, are disgusting indeed.

However, who knows about Bono...Judging by his previous humanitarian actions, there´s a chance that he could use this money to help people.

Time will tell...For now, I wont judge him.

Cheers,

Raf.

[enfoldedblue]

Unfortunately very little of Bono's charity money actually goes to people in need. The majority goes to salaries, travel, etc. Seems the organization is more of a PR/tax break machine, than bonafied aid.

"The non-profit organisation set up by the U2 frontman received almost £9.6million in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent)." http://www.dailymail.co.uk/news/article-1314543/Bonos-ONE-foundation-giving-tiny-percentage-funds-charity.html

[GCS1103]

Unfortunately very little of Bono's charity money actually goes to people in need. The majority goes to salaries, travel, etc. Seems the organization is more of a PR/tax break machine, than bonafied aid.

"The non-profit organisation set up by the U2 frontman received almost £9.6million in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent)." http://www.dailymail.co.uk/news/article-1314543/Bonos-ONE-foundation-giving-tiny-percentage-funds-charity.html

I've read similar reports to what you have posted here. In fact, a few years ago quite a large sum of money was missing from the "non-profit" organization and it was quickly passed over and forgotten by the media. It almost derailed the charity.

[Ellisa]

If you live in a capitalist society and you make money you can keep it. All of it probably as taxes seem to be optional for the mega-rich.

I hope people who make such massive amounts of money try to help others with it, but under the system the likes of Bono should be a hero just because he's rich and he has no obligation to do otherwise. He is the epitome of the capitalist dream- started with nothing and through his own hard work he's rich. He should be admired not hated.

On the other hand a proper system of taxation would ensure that Bono could keep a vast amount of his wealth, but a substantial portion would be distributed to those who need it by building and equipping schools, establishing a decent health scheme and ensuring safety and communications for everyone, not just lucky gamblers. If the system outrages you-- change the system. Don't just rage at those who have benefitted from it..

[MargueriteBee]

Thanks for the info. I looked it up and forwarded that to several people I know. We might as well do it too! I advised them to ask their tax preparer about it.

http://www.serconline.org/farmlandTaxLoophole.html


Good post, Jackovesk. There's an incredible hypocrisy with people in the entertainment industry that make obscene amounts of money, feel guilty about their wealth, and try to convince everyone that they're just like us. Here in New Jersey we have two music "icons"- Bruce Springsteen and Bon Jovi. Bruce Springsteen lives in a town called Colt's Neck and Bon Jovi lives in Shrewsbury. Both of them are worth hundreds of millions of dollars and Bruce, in particular, wants to portray himself as just like any other "working man".

The interesting story is that both of them live on huge estates, with vacant land attached to their property. Bruce has people plant trees on the attached vacant land and therefore gets a "farmland assessment" which brings his property taxes down to several hundred dollars a year, instead of about $150,000.00 and Bon Jovi has a "bee farm" on his vacant land also allowing him to reduce his property taxes to hundreds of dollars. Then they go out and talk about how the average guy just isn't doing enough to help and should pay more taxes into the government.

[write4change]

I'm sure Jack likes alot of things which he doesn't talk about here, and this is not the forum for that.

This forum is hear to help us expose and understand those whom wish to hide their true intentions behind a veil. Jack is very insightful, informed, passionate and vocal about the things he doesn't like, and that is what he express here and I think many of us appreciate and look forward to Jack's posts as I do.

If you don't like what Jack has to say don't go shoot the messenger when he has our interests at heart.

I don't think anyone is shooting the messenger. People are asking for clarification. If Bono is the Anti-Elvis then I would like to know why. Other than pictures of Bono with world leaders, I don't have anything to go on. One of my heroes, Jane Goodal, has also been photographed with world leaders and so have I, so that doesn't mean much to me. If Bono is a bad guy, I want to be educated about it. Give us a bone, man.

Whiskey Mystic,

I am not, I hope, hyjacking a thread but you recognition of Jane Godal's work made me want to note this. I just saw the movie Chimpanze made with her people. I had not seen anything like it in a long time. Stop action photography has so changed over the years. What I saw in this beautiful movie besides a unique story is how beautiful this planet is.

I had just bought some paintings from China. I found them beautiful because they reminded me of the movie Avatar. They were so beautiful I thought of them as magical realism. Too beautiful to be real.

Then I saw this movie and my paintings of trees, and mists, and water are exactly what I saw in this movie. Our earth is as beautiful and as mysterious and has sacred as the beautiful planet of Avatar. I understand why Jane who is as old as I am is still doing this work. She and the Earth syneergize each other.

BYW, the story is about a little chimp whose mother is killed. No one is the tribe will adopt him. The movie makes clear how the search for food and the preservation of territory is a daily driving thing. This band of chimps is about 35 and you see how much land they have to have to survive and how they move through nut and fruit groves and how things are taught from generation to generation.

Oscar the baby chimp is slowing dying of starvation. No one will share with him. He has no choice but to follow the big male leader and see if he can get his droppings. In time you see the big male and the little baby boy fall in love with one another. And what is assumed to be a first time ever happening--the big male adopts Oscar and becomes his mother--grooming him, letting him ride on his back, and sleep with him.

The movie is truly incredible and you really get to see how this band lives and bonds on a daily basis. How they make nests in trees to sleep in and the strategy of the hunt which is a group undertaking. We may be reptiles in our DNA but we are also chimps who are the basis of our empathy that the reptiles have never been able to quite wipe out.

One of my favorite movies is Jeff Bridges in StarMan when he says: "You only come to your very best when times presents you with the very worst." A strange sense of hopefullness for our speciies.

[meat suit]

Bono is loosing money... maybe he is a good guy after all????
http://www.bbc.co.uk/news/business-18141990
:madgrin:

[jackovesk]

I'm sure Jack likes alot of things which he doesn't talk about here, and this is not the forum for that.

This forum is hear to help us expose and understand those whom wish to hide their true intentions behind a veil. Jack is very insightful, informed, passionate and vocal about the things he doesn't like, and that is what he express here and I think many of us appreciate and look forward to Jack's posts as I do.

If you don't like what Jack has to say don't go shoot the messenger when he has our interests at heart.

I don't think anyone is shooting the messenger. People are asking for clarification. If Bono is the Anti-Elvis then I would like to know why. Other than pictures of Bono with world leaders, I don't have anything to go on. One of my heroes, Jane Goodal, has also been photographed with world leaders and so have I, so that doesn't mean much to me. If Bono is a bad guy, I want to be educated about it. Give us a bone, man.

Chomp on this...

http://1.bp.blogspot.com/_qLAIskTQXUc/TT2VTaHCkfI/AAAAAAAAGE0/VCKaUcraK2I/s320/Global-Fund+%25281%2529.jpg

Bono and Bill Gates-backed Global Health Charity EXPOSED as a Fraud

What institutions can you trust these days with your donations? The Associated Press reported today that the $21.7 billion Global Fund to Fight AIDS, Tuberculosis and Malaria is a fraud where at least two-thirds of the funds were "pocketed," and donated medicines were sold on the black market for profit.

The prestigious development fund is backed by celebrities like Bono, politicians like French president Sarkozy, and a cool $150 million from Bill and Melinda Gates. The AP wrote, "The fund has been a darling of the power set that will hold the World Economic Forum in the Swiss mountain village of Davos this week."

Rest of story here...

http://www.activistpost.com/2011/01/bono-bill-gates-backed-global-health.html

Bono's ONE foundation under fire for giving little over 1% of funds to charity

Bono's anti-poverty foundation ONE is under pressure to explain its finances after it was revealed that only a small percentage of money it raises reaches the needy.
The non-profit organisation set up by the U2 frontman received almost £9.6million in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent).

The figures published by the New York Post also show that £5.1million went towards paying salaries.

http://i.dailymail.co.uk/i/pix/2010/09/23/article-0-0B44B3F8000005DC-800_468x344.jpg
Friends in high places: U2 singer Bono meets French President Nicolas Sarkozy in Paris at the weekend ahead of the UN summit in New York

While the organisation's gameplan has never been direct handouts on the ground, many who admire the Irish rock legend may be surprised by the figures.

Bono was playing Brussels last night with U2 as the world's leaders - so many of whom he speaks to directly - were meeting at the UN assembly in New York to assess the progress, or lack of, in reaching the Millennium goals they set.

The Post revealed it had received a number of gifts from ONE in the run-up to the event, such as leather notebooks, bags of coffee and water bottles.
In the UK, the organisation has laid on a series of high-profile, celebrity-supported events since it launched in 2002 to fight poverty in Africa and Aids worldwide.

In 2009, the group campaigned to have enshrined in British law a commitment to development assistance abroad.

ONE spokesman Oliver Buston has now defended the way the organisation is run, insisting the money is used for promoting its campaign and raising awareness rather than being given straight to those who need help.

He said: 'We don't provide programmes on the ground. We're an advocacy and campaigning organisation.'
Another spokesman in New York today dismissed the notion of lavish salaries being paid to its 120 members of staff and said the organisation was highly efficient in its raising of awareness.

ONE said it took no money from the public and that most of its funding came from the Bill & Melinda Gates Foundation.

Rest of the Story here....

http://www.dailymail.co.uk/news/article-1314543/Bonos-ONE-foundation-giving-tiny-percentage-funds-charity.html#ixzz14Iy3BeKA

PS - Now to those that think I am just full of (HATE), nothing could be further from the 'Truth'...:nono:

My role here as I see it is to bring as much of the 'Truth' to our guests as possible....

Now (GO & DO YOUR HOMEWORK) on how (Foundations) operate, who uses them & why..?

Whiskey, what I have to say next does not relate to you at all...

I am growing tired of the lack of 'Discernment' shown here by (ALL) of the Gallah's that are always quick to criticize, yet continually offer no substance in return...:noidea:

You'll be Happy :) to know, you'll be hearing less and less from me as time goes by...:yes4:

I simply could'nt be bothered arguing with a bunch of 'Magazine :gossip: Bloggers' anymore...

All the Best to You,

Jack

PS - Thanks for the support BMJ & to the Others who understand what I try and bring to Avalon, underlined with good intentions...:thumb:

[Whiskey_Mystic]

Thanks for posting info, Jackovesk. At best we have inefficient management of a nonprofit. At worst we have some intentional corruption and scamming people for charity money that just pays the salaries of the fundraisers. Not exactly spawn of the devil stuff, but glad to know it. Thanks. Sounds like his excuse is that his org is somehow a PAC or public education effort.

Oh and you are right in your above post to say that this is how most foundations work. From what I can tell, most "humanitarian" foundations are just like this. The smaller local ones, such as the one I support that helps abused women escape their surroundings, tend to be more efficient.

P.S. The Global Fund logo reminds me of George Costanza's "Human Fund".