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Old 04-14-2008, 12:43 AM   #3
FED 387
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Join Date: Jun 2006
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Default Re: Economics & Racing Beyond Our Means

My truck is paid for so's the trailer---the race car is too owe $1500 on Sears card bought a new washer dryer and stove---BUT I GOT MY HEALTH !!! Other than that liifes great!!! My wife recently retired ,but before she did she was involved with putting on seminars for all types of physicians,These were put on in conjunction with Johns Hopkins Univ. ---These seminars were called "The business of medicine"---Drs. would attend the courses and it was amazing to see such well educated people with not a lick of sense about how much money they were owed or where it all was going too!!!! These guys had receivables that were far in excess of most peoples annual incomes( sometimes in the 100 of thousands of dollars) and yet they did not know this!!! The course was a basic economics course for people with Doctors degrees in medicine kinda like what you might teach to a senior in hi school or en entry level college freshman/sophomore.. When the classes were over you should have heard some of the comments like"wow I never understood where my money was going or why I had never even collected the money in the first place/ or I didn;t know I made that MUCH where is it??? !!!! Sad but true... I live in an area that has become a "yuppie" area the last 10-15 years-These 30 something guys live in 10,000 foot houses worth 2-3 MILLION dollars with real estate tax bills of 40-50 THOUSAND dollars a year-wives don't work --kids in daycare all day---lawn service cuts the grass--- pool guy maintains the pool- and these guys bounce checks all over town---Many are on a cash only basis with the pool/lawn /cleaning lady --PAY BEFORE WE DO THE WORK!!!-My last tax bill on 18 acres of FARM land was $21000 if I subdivided it my tax bill would zoom to $150 THOUSAND on vacant property ----Schools are great but I have a volunteer fire dept--county police protectiion--NO parks-- a library that is mediocre---County plows the snow and maintains the roads--but you should see the PENSIONS these govt workers get!!!!! It's enought to make you vomit---Well my 2 CENTS---Comp 387
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