“The Bill and Melinda Gates Foundation declares its noble mission is to bring ‘innovations in health and learning to the global community,'” reports The Drudge Report.
Drudge reports, “But the world’s largest philanthropic organization also is among the organizations that collectively loaned nearly $400 million to MediaNews Group, Inc. — for the acquisition of newspapers in California and Minnesota!”
“‘I thought this foundation was all about starving kids, not starving newspapers,’ mocked one Seattle insider,” Drudge reports.
Drudge reports, “In April, MediaNews agreed to buy four newspapers, including the SAN JOSE MERCURY NEWS and CONTRA COSTA TIMES, from MCCLATCHY CO. for $1 billion. MEDIANEWS also bought California’s MONTEREY COUNTY HERALD and the ST. PAUL PIONEER PRESS in Minnesota. It also own the DENVER POST.”
MacDailyNews Take: All you need to do is read some of those newspapers to understand why they need charity help. So what if a few kids starve to death ($400 million could buy a lot of sandwiches), at least there are still paychecks for hack writers. We can’t wait to read their unbiased reports about all the good done by The Bill and Melinda Gates Foundation.