Will Rogers Today

Weekly Comments Will Rogers Quotations Articles About Randall Reeder
Photo Gallery Meeting Planner Clients-Testimonials Videos
Return to Home Page Tell a Friend about Will Rogers Today Subscribe to Weekly Comments Contact Randall Reeder

Weekly Comments Archive
Return to the Weekly Comments Archive

Archived Issues

Sorted by Date of Publication
Click on a Publication Date to view Comments

Monday, June 26, 2006 ISSUE #415

Gates and Buffett follow Rockefeller's example

#415, June 26, 2006

COLUMBUS: When Bill Gates announced he was gonna give away $30 Billion it caused quite a ripple in the country. Now along comes Bill's good friend, Warren Buffett, who says he will go in with Bill and add $40 Billion to the pot. It wasn't just a ripple, it was flood.

In fact in Washington, DC, it really was a flood. The high water was partly from a rain storm. But mostly it was tears from the IRS. Seeing all that revenue siphoned off before it could be inherited and taxed, the IRS is crying a river that rivals the Potomac.

These tax folks aren't just worried about losing the Gates-Buffett fortunes, it's all the other Billionaires that might follow their lead. But they ain't the first wealthy Americans to bypass the government and do good with their own money. There was Carnegie, Kellogg, and "my" good friends Henry Ford and John D. Rockefeller, the man who kinda set the standard (or Standard) for philanthropy. (See Historic quote below)

The way Mr. Buffett invests and multiplies, that $40 Billion is likely just a down payment. A few years ago I proposed that we let him manage our Social Security funds. If Congress had been that far-sighted to make such a wise move they wouldn't have to argue over how to pay for drugs for old folks.

Historic quote from Will Rogers:

"Hurrah for Mr. Rockefeller, 96 years old today, one of the very few men that knew how to give money away so that every dollar does good. That's more than our government can do. It's more than anybody can do. All over the world there is a Rockefeller doctor swatting at a mosquito or trapping a poisonous fly. I flew the whole east coast of Brazil and they have eliminated mosquitos. However, I do wish he would spread some of that Standard Oil (or even Gulf Oil) on some of these home-talent mosquitos. There is no end to that old gentleman's talents. He beat insurance without dying. They just got discouraged and paid him. He will make the 100 and some to spare." DT #2784, July 8, 1935

(Note: John D. Rockefeller died May 23, 1937)

Return to the Weekly Comments Current Issue


For details on how you can ‘rope’ Will Rogers for your next meeting or convention,
contact Randall Reeder at:

4779 Baldwin Road
Hilliard, Ohio 43026
(Columbus Area)
-or- Send e-Mail at:

Visit the Will Rogers Museum Web Site at www.willrogers.com

Home - Weekly Comments - Quotes - Articles About Randall -
Photo Gallery - Meeting Planner - Clients-Testimonials - Subscribe - Contact

Copyright © 1999-2019, Randall Reeder. All Rights Reserved.
Created by Marc Flinn. Site Maintenance by MarkLeder.com