Drudge Retort: The Other Side of the News
Sunday, August 24, 2014

For 20 years, an elderly couple who lived modestly in south Florida gave six-figure donations to the Miami zoo on the condition that their names not be revealed until after their deaths. Ron Magill, the communications director of the zoo, got to know the couple and now honors them after their deaths. "I never saw him or his wife buy anything luxurious in more than 20 years, but they did donate generously and anonymously on an annual basis. Over time, their donations had added up to nearly $800,000," he writes. When the husband died, he left another $2.3 million to the zoo. "Thank you, Albert and Winifred Sami, for making the world a better place for animals and those who love them. You were amazing beyond description. Construction of a new multimillion-dollar amphitheater is underway, serving as the hub for the zoo and the future venue for a variety of educational and cultural presentations. It's the Sami Family Amphitheater, in honor of two of the dearest and no longer anonymous friends the zoo has ever had."

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Mr Magill, a frequent guest on Big 105.9 FM morning show in Miami, revealed more detail on air yesterday. He has received countless "talk about job security" ribs and confessed that he himself took some of the investment advice that made the majestic and humble couple in this story so wealthy.

#1 | Posted by CrisisStills at 2014-08-22 01:44 PM | Reply | Flag:

Great article

#2 | Posted by soulfly at 2014-08-24 12:58 AM | Reply | Flag:

All of Miami is a zoo.

#3 | Posted by nutcase at 2014-08-24 03:57 PM | Reply | Flag:

People may debate forever, whether giving millions to the zoo was the best thing to do, while there are many pressing needs crying for donations, but one thing that is not debatable is that anonymous giving is biblical.

Be careful not to do your charitable deeds before men, to be seen by them.....
Therefore, when you do a charitable deed, do not sound a trumpet before you as the hypocrites do... - Matthew 6:1-4

- www.deathandlife.org

#4 | Posted by echristian at 2014-08-24 04:04 PM | Reply | Flag: | Newsworthy 1

Ah. One of the criminal 1% er's. Those horrible rich people that invest and take advantage of the working class. Whose money does not belong to them bug to everyone because they did not earn it.

#5 | Posted by foshaffer at 2014-08-24 04:11 PM | Reply | Flag:

That article actually brought a tear to my eye. There are good people that are not enamored with personal greed or having the latest material things, but instead to be of service to others. I know people like this that have been frugal all their lives and die with millions that their relatives promptly spend like water. So if you are fortunate to have money don't leave it all to relatives. Instead take a goodly portion of it and dedicate it during your life, and in your will to helping others.

This couple realized in the twilight of their years that they had more money than they would need and started to direct it to charity.

#6 | Posted by Robson at 2014-08-24 05:24 PM | Reply | Flag: | Newsworthy 1

People may debate forever, whether giving millions to the zoo was the best thing to do, while there are many pressing needs crying for donations

You liberals sure do a lot of judging others to be so sensitive about being judged. Of course the group (liberals) would argue about where the money goes as it wasn't earned by them...

#7 | Posted by boaz at 2014-08-24 05:28 PM | Reply | Flag:

#7 | POSTED BY BOAZ

Guess you didn't read the second part, where the poster refers to the donors as "biblical". Anything to make a point about "liberals", huh?

#8 | Posted by apparatchik at 2014-08-24 06:45 PM | Reply | Flag: | Newsworthy 3

As usual full of it is full of it. This couple has absolutely nothing to do with the problem often called the 1%. They lived a simple life which had nothing to do with corrupting Democracy.

#9 | Posted by nutcase at 2014-08-24 07:06 PM | Reply | Flag: | Newsworthy 2

Hey they are part of the 1% that did not earn their money as you see it. Do you think raising taxes or redistribution of wealth discriminates on who has the money or how they got it? Do you think the government would let them slide?

The majority of 1% ers got by doing exactly what these people did. Work hard, save, invest well it is not how much you make- it is how much you keep.

#10 | Posted by foshaffer at 2014-08-24 08:28 PM | Reply | Flag:

The majority of 1% ers got by doing exactly what these people did.

Link, or it didn't happen.

#11 | Posted by apparatchik at 2014-08-24 08:36 PM | Reply | Flag: | Newsworthy 2

www.financialsamurai.com

www.nationalreview.com

Specialist doctors require 12 years of post graduate to hit the mark. Thousands of hours if study and hospital work at minimum pay.

Most of the higher paying jobs in business require an MBA and not all MBAs make it.

To be a professional athlete (or to be any expert in any field) requires thousands of hours as well. One study suggested a minimum 10 thousand hours of effort to master anything but I believe that is variable based on talent level.

The worst of the group is lawyers. Where the rest creat jobs and add value , lawyers exist on the wealth created by others. But even they require a post graduate degree and thousands of hours of study and low level work before they reach that earning level if at all. So ALL of these require hard work long hours and years of limited pay.

As to not how much you make it is how much you keep- do you need me list the thousands of millionaires who lost it all and need up broke? Start with all the lotteries winners and the various athletes and Hollywood stars that ended up bankrupt.


#12 | Posted by foshaffer at 2014-08-24 10:41 PM | Reply | Flag:

Yes, there are people in the 1% that worked hard to get there. Your links don't prove your statement that The majority of 1% ers got by doing exactly what these people did.

And MBAs? Dime-a-dozen these days. Anyone who can take night classes for a year can get one.

Doctors are probably the most "deserving" when it comes to membership in the 1%, so fair enough. They bust their asses more than 99.99% of people ever will in their lives.

Its convenient that your sources studied tax rolls for figuring out who made up the 1%, since its fairly well documented that a lot of them like to keep their money over-seas or are the progeny of previously wealthy estates.

Meet the _real_ 1%:

www.forbes.com

The folks on this list don't seem to remind me much of the Samis.

#13 | Posted by apparatchik at 2014-08-24 11:49 PM | Reply | Flag:

You liberals sure do a lot of judging others

#7 | POSTED BY BOAZ AT 2014-08-24 05:28 PM | FLAG:

Om my god the irony.

#14 | Posted by 726 at 2014-08-25 07:48 AM | Reply | Flag:

People may debate forever, whether giving millions to the zoo was the best thing to do, while there are many pressing needs crying for donations, but one thing that is not debatable is that anonymous giving is biblical.

The only people who matter what they do with their money is the donors.

#15 | Posted by 726 at 2014-08-25 07:57 AM | Reply | Flag:

full of it thinks most wealth is a product of hard work when it is in fact inherited. That's not to say that there aren't many people who become comparatively wealthy through hard work. There is no disagreement over that. 99% make a living the hard way, they earn it. The other 1%, the one's that corrupt our Government and write policy, are the men in the shadows. Their fortunes dwarf all others because of compound interest over time trumps all the cleverness and hard work a nation can undertake.

#16 | Posted by nutcase at 2014-08-25 05:25 PM | Reply | Flag:

Consider a lily pond that is completely covered with lily leaves in 30 days. On what day is it 50% covered? the answer is the 29th day. Therein lies the rub in dealing with financial crisis and old wealth. By the time you realize you have a problem, its too late to do anything about it.

#17 | Posted by nutcase at 2014-08-25 05:45 PM | Reply | Flag:

The 1% was on income. That is all that raising taxes impact as it is an INCOME tax. Hard work made it for almost all the 1%.

If you are talking ASSETS then is the old that you would be going after as they (like this couple) save money over time. Yes some leave it to their kids. So what. They earned it. Instead of buying a car they could have decided to the kids or a zoo. It was their effort.

You have the same opportunity to work hard , invest, buy used cars instead of new, pass that money to your kids.

#18 | Posted by foshaffer at 2014-08-25 10:24 PM | Reply | Flag:

No one ever says that people that work hard are the problem. The problem is scheming rich leaches. Conservatives pretend all the time that poor people are a root cause of our deficit problem, and worse because they are all lazy. This is nonsense. No country has ever repaid all its debt. Most Government debt is created by warmongering.

full of it still does not understand the similarity between biological lily pad growth and the miracle of compound interest. One penny of gold at 5%, compounded annually grows to a sphere the size of the orbit of Saturn from the birth of Christ to 1776. The history of wealth creation is a forbidden economics topic. But, its no use explaining things to some people.

#19 | Posted by nutcase at 2014-08-25 11:34 PM | Reply | Flag:

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