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(Winnipeg Free Press)   63 years ago, a broke student was handed an envelope with $200 in to finish school, and was told to pay it forward once he was able to. Now, he's giving back $1000000   (winnipegfreepress.com) divider line 84
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18083 clicks; posted to Main » on 07 Jan 2012 at 3:44 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-01-07 05:03:28 PM
Johnston never took a nickel out of the fund for himself and credited a simple mantra for being able to pull off his millon-dollar feat.

"Never buy what you want, just buy what you need," he said.


That is a terrific mantra if your goal in life is to save up a lot of money.

But you don't get to take any of it with you when you die and half of it goes to Uncle Sam. So I'm not so sure living your entire life without anything you want, just things you need is a good way to live your life.

I don't need a steak for dinner tonight, but I still might stop at the butcher and get one.
 
2012-01-07 05:07:46 PM

Tillmaster: Cup_O_Jo: He's considered the 1%. Why did he make this amount of money as a pharmacist? Work ethic: "He was considering taking a year off to work when a friend of the family called him over one day and handed him an envelope containing $200."

He was going to work. But a friend of the family saved him. So he got to finish school. Nowadays that does not happen.

He's considered the 1%? By whom? It takes far more than a million dollars net worth to be in the 1%, laddie.


Are you assuming he just gave away his entire net worth? Do you think he turned $80,000 of his charity money into $1,000,000 in the stock market without ever investing any personal money aside from the initial $80,000 pay it forward fund?
 
2012-01-07 05:08:12 PM
I wish that I was that cool.

Good on you.
 
2012-01-07 05:14:42 PM
All of the huggy good feelings aside, I wonder where the notch was on his mother's fence post.
 
2012-01-07 05:25:11 PM

lennavan: Johnston never took a nickel out of the fund for himself and credited a simple mantra for being able to pull off his millon-dollar feat.

"Never buy what you want, just buy what you need," he said.

That is a terrific mantra if your goal in life is to save up a lot of money.

But you don't get to take any of it with you when you die and half of it goes to Uncle Sam. So I'm not so sure living your entire life without anything you want, just things you need is a good way to live your life.

I don't need a steak for dinner tonight, but I still might stop at the butcher and get one.


This is in Canada dude...our inheritance isn't taxed like that...plus to those of you who think it should have gone to poor peoples'health care, we have socialized medicine so donations like that are used to cover expenses not covered by health plan (upgrading facilities) because everyone up here has most health care covered already.

//some of the facilities are in terrible shape and are in need of upgrade...they might be taking it too far at this place those
 
2012-01-07 05:27:01 PM

Matthew Keene: All of the huggy good feelings aside, I wonder where the notch was on his mother's fence post.


3.bp.blogspot.com
 
2012-01-07 05:30:26 PM
"Never buy what you want, just buy what you need," he said.

Sheldon Mindell, manager of Riverview, said Johnston's gift will be put towards refurbishing its 30 palliative care beds, including installing flat-screen televisions and a Wi-Fi system


I know other people mentioned this, but it's hilarious that the one sentence leads right into the other.
 
2012-01-07 05:35:16 PM
THIS IS SOCIALISM!
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
 
2012-01-07 05:39:28 PM

Begoggle: THIS IS SOCIALISM!
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH


Gee that's weird I must have missed the part in TFA where it said the government forcibly took away this money under threat of jail time in order to redistribute it to these to groups. But you're probably right and I just skimmed passed it. Silly me, I'll go back and reread it now.
 
2012-01-07 05:43:30 PM
Bravo. We should all be a little more like this. Myself included.
 
2012-01-07 06:10:02 PM

ritalinchild 54: I wish that I was that cool.

Good on you.


So get out there and be that cool; it's not hard. You don't need to help someone out with a million bucks. Help someone out with a ten spot or buy someone dinner. If you're short on money, give someone your time and energy. Swing by your local Meals on Wheels and see if they could use an extra cook or a driver one or two days a month. Volunteer at Habitat for Humanity. Look through your closet and see if there are things you never wear but that are still in good shape. Take them to the local Goodwill store.

You don't have to be rich to be generous. I eat ramen a couple times a week, and still manage to donate what I can to those who have even less than I do. We're all in this together.
 
2012-01-07 06:12:34 PM

Toshiro Mifune's Letter Opener: simplicimus: Commas in currency. How does that work?

They come and go because subby's a comma chameleon.


Laughed. Hard. And now I feel dirty about it.
 
2012-01-07 06:41:18 PM
ya can't take it with you, but why help those who for all we know are indigent because of their own stupidity? We don't know if they were born into poverty, had some event take them into poverty, or they ended up in poverty by their own volition due to stupid moves. By helping everyone, you hurt the stupid even though you may give those who never had any chances a chance. It needs to be on a case-by-case basis before we start blindly helping everyone.
 
2012-01-07 06:41:54 PM
Give me 200. I promise if I will ever have 1 million I'll pay it forward to two chicks at the same time.
 
2012-01-07 06:43:07 PM

ganzonomy: ya can't take it with you, but why help those who for all we know are indigent because of their own stupidity? We don't know if they were born into poverty, had some event take them into poverty, or they ended up in poverty by their own volition due to stupid moves. By helping everyone, you hurt the stupid even though you may give those who never had any chances a chance. It needs to be on a case-by-case basis before we start blindly helping everyone.


Why?
 
2012-01-07 06:45:13 PM

MoeSzyslak: shArkh: b-b-but socialism, right?

b-b-but evil rich 1% asshole, right?


Of course he is. Instead of letting government confiscate the money through taxation and spend it how they want, like funding socially aware puppet shows or high paying jobs for "invitation coordinators", this evil bastardo is donating to a charitable cause of his choice.
 
2012-01-07 06:46:18 PM
Are schools free in Canada? Maybe they can't charge patients for the beds they stay in ? That could be why they're going to spend his donation on upgrading the hospital ammenities rather than helping struggling students.
 
2012-01-07 06:47:41 PM

Grumpyoldgeek: So, 63 years ago someone gave him $200 to help him stay in pharmacy school with the only obligation to "pay in forward". I dont' really see how donating money 63 years later to install wifi in a center for pallative care is paying it forward. Was that really the expectation of the original donor? I think doling out a few hundred or a few thousand to struggling students over that 63 years with the same admonition would have resulted in a greater overall benefit. Also, wouldn't it have been more fitting to do this anonymously instead of "look at me, I've giving away a million dollars"? Don't get me wrong, I think it's great that he did this, I just think he didn't do the maximum amount of good that he could have, he missed 63 years of helping struggling students along the way.


THIS
 
2012-01-07 06:49:32 PM

Farxist Marxist: bargled: Don't you think there are better ways to improve patient health than buying flat-screen TVs and a Wi-Fi network?

I'm pretty sure the gift wasn't meant to be used on such frivolous luxuries and is a waste of a pretty farking awesome gift.

I bought a couple of TVs for my parents. If you're in an extended care facility, a TV is a better way to stay entertained than watching your roomie get transferred to the funeral home.


So much this. I think some people are just upset that this 1%er did not give government first crack at the money to pay for something really important like Obama's Hawaiian vacation.
 
2012-01-07 06:57:39 PM

hasty ambush: Farxist Marxist: bargled: Don't you think there are better ways to improve patient health than buying flat-screen TVs and a Wi-Fi network?

I'm pretty sure the gift wasn't meant to be used on such frivolous luxuries and is a waste of a pretty farking awesome gift.

I bought a couple of TVs for my parents. If you're in an extended care facility, a TV is a better way to stay entertained than watching your roomie get transferred to the funeral home.

So much this. I think some people are just upset that this 1%er did not give government first crack at the money to pay for something really important like Obama's Hawaiian vacation.


I think you are completely full of baloney and should try to restrict your uninformed, vacuous, shrill political whining to the Politics tab.
 
2012-01-07 07:02:19 PM

bargled: Don't you think there are better ways to improve patient health than buying flat-screen TVs and a Wi-Fi network?

I'm pretty sure the gift wasn't meant to be used on such frivolous luxuries and is a waste of a pretty farking awesome gift.


Palliative care, how does it work?
 
2012-01-07 07:42:34 PM

zwesom: bargled: Don't you think there are better ways to improve patient health than buying flat-screen TVs and a Wi-Fi network?

I'm pretty sure the gift wasn't meant to be used on such frivolous luxuries and is a waste of a pretty farking awesome gift.

Palliative care, how does it work?


So much this... how dare those terminally ill folks and their families enjoy modern conveniences and fixtures as they live their final days? The nerve...
 
2012-01-07 07:46:07 PM
Was the guy's name Ponzi?
 
2012-01-07 07:47:44 PM

rgdelong: Was the guy's name Ponzi?


AAAaaaaaaaaayyyy.

i105.photobucket.com

...wait, what?
 
2012-01-07 07:58:40 PM

larrycot: And they spent the money on wi-fi and flat-screens?


I came here to say that. What an insult... to spend it on s#%t that will be obsolete in 3 years!
 
2012-01-07 09:11:34 PM
LiQuid!: Laughed. Hard. And now I feel dirty about it.

:-/

(I have that effect on people, but I'm not a bad guy!)
 
2012-01-07 09:39:07 PM
FTFA: Johnston's gift will be put towards refurbishing its 30 palliative care beds, including installing flat-screen televisions and a Wi-Fi system.

Wasted life?
 
2012-01-07 09:44:10 PM
Good for him. There is no point to society if we do not help out those who are less fortunate than ourselves. You do not have to live the life of a miser and give away every cent that you make, but even a few dollars here and there to a food bank can make a difference. For me I figure out how many meals a dollar can generate and calculate how much money it would cost for 1,095 meals, and that is how much I donate over the course of a year.
 
2012-01-07 10:36:17 PM
That was not paying it forward, nor a charitable contribution. That was giving a large sum of money to a business establishment, who in turn used it like petty cash. A million dollars could have been put to better use to help others.
 
2012-01-07 11:06:55 PM
OMG this man helped people but not in the way I approve! That's worse than not helping at all!!
 
2012-01-07 11:33:57 PM

biohazard76:
So much this... how dare those terminally ill folks and their families enjoy modern conveniences and fixtures as they live their final days? The nerve...


Besides, after they watch TV for 10 or 12 hours a day, they'll be glad that they're about to die.
 
2012-01-08 12:13:02 AM

earthworm2.0: That was not paying it forward, nor a charitable contribution. That was giving a large sum of money to a business establishment, who in turn used it like petty cash. A million dollars could have been put to better use to help others.




Personally, I probably won't ever have a million dollars to give away, so it's not really up to me to decide how that type of money should be spent. But I am certain that when you give out your million dollar endowment, you will make sure that it is spent more wisely.
 
2012-01-08 01:00:45 AM

FloydA: ritalinchild 54: I wish that I was that cool.

Good on you.

So get out there and be that cool; it's not hard. You don't need to help someone out with a million bucks. Help someone out with a ten spot or buy someone dinner. If you're short on money, give someone your time and energy. Swing by your local Meals on Wheels and see if they could use an extra cook or a driver one or two days a month. Volunteer at Habitat for Humanity. Look through your closet and see if there are things you never wear but that are still in good shape. Take them to the local Goodwill store.

You don't have to be rich to be generous. I eat ramen a couple times a week, and still manage to donate what I can to those who have even less than I do. We're all in this together.


If you can't even afford to donate money, let someone crash with you for a week.

Years back, I needed to get away or there would have been deaths involved. Some people I knew several states away offered me their couch for a week or two. Wouldn't let me pay for meals, or buy pot, or even chip in on the beer. Just told me to pay it forward. So, years later, some college kids I know are freaking out and needing to escape for a summer, they heard that story, and crash with me. I hope they'll do the same for someone else one day.

It doesn't take a whole lot to help someone else out. A little time to listen to someone rant, avoiding trolling for just one day, or even just one thread. Buy someone dinner, leave some cash at the grocery store for the next person who's foodstamp card is empty, leave change in a soda machine so someone gets a free drink.
 
2012-01-08 03:19:42 AM

earthworm2.0: That was not paying it forward, nor a charitable contribution. That was giving a large sum of money to a business establishmenthospital, who in turn used it like petty cash to help seniors in their final days. A million dollars could have been put to better use to help others I would have spent it on oxycodone and Pabst Blue Ribbon..


/FIFY

-Generally hospitals (even pallative care ones) aren't privately owned in Canada.
 
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