Hey Bub, once you give something away it isn't yours any more

[NNN0LHI]

http://www.mcclatchydc.com/2012/07/23/157354/businessman-who-gave-25000-for.html

Posted on Monday, July 23, 2012

Businessman who gave $25,000 for Paterno statue wants to know plans for it

By MIKE DAWSON | McClatchy Newspapers
By MIKE DAWSON McClatchy Newspapers

STATE COLLEGE, Pa. — A local businessman who gave $25,000 for the Joe Paterno statue that was taken down over the weekend would like to hear from the university about its decision and its plans for it.

Eddie Lauth, a State College resident and the founder of Aqua Penn, went as far as asking a Centre County judge for a preliminary injunction on Friday to stop Penn State from removing the bronze statue of the former football coach. But Judge Pamela A. Ruest denied the request and scheduled a hearing for Tuesday afternoon that all but appears to be moot now that the university took down the statue Sunday morning.

"I'm still going to seek, as a donor, what they plan to do with it," Lauth said.

Lauth's name and other donors were on a plaque on a wall at the statue site beside Beaver Stadium.

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People like this crack me up. They don't understand the principal of "giving." My mother does the same thing. She asked me if I wanted an old radio she had for years and didn't want any more. I didn't really want it but I thought I knew someone who did. So I took it and gave it to that person. Sure as shit a couple of years later she is asking me about that radio and if she could have it back. That has happened a few times with stuff she "gave" to me. She doesn't understand the principle of giving. Just like this guy in the article.

I always knew once you gave something away to someone else its gone. You don't get to decide whats going to happen with it or ask for it back years later because it isn't yours any more. Its gone. End of story. But my mother and this guy don't understand that.

Needless to say I don't take anything from her any more she wants to give me. I tell her to throw it away or call Goodwill to come pick it up. That way I never have to hear about it again. Another lesson learned the hard way.

The guy in this article acts like that $25,000 donation he made was a loan and not a gift. He must be really stupid. Eh, live and learn.

Don

[lpbk2713]

1. If he can produce a contract that stipulates his allegations he's covered.

Otherwise he needs to STFU. I doubt very seriously if he has any such claims on paper. If he is really a business
man he ought to know he is wasting his and the court's time and looking like a bumbling fool in the process.

[lapfog_1]

2. Actually, he might have a case

if the solicitation for the gift included language like "to produce a statue of our coach, Joe Paterno, to be displayed prominently in front of Penn State Stadium... blah blah". And he wrote on his check or gift statement that the gift was to be targeted to this purpose... he has a possible claim that the use of his gift hasn't met the criteria under which it was given.

[NNN0LHI]

4. What you described is a quid pro quo not a donation

A donation can be tax deductible. Wonder if he took the deduction?

A quid pro quo is more like paying a bribe which I don't think is tax deductible. I think about the only thing paying a bribe will get someone a few years in the slammer.

Don

[HopeHoops]

3. It's already been sold to an auction house and expected to fetch over a million.

[DiverDave]

5. Oh, he just liked his name out front

screw him.