annual interruptus

Sorry, Denny -- I feel your pain. Mine starts in March.
--
Jay Honeck

Thanks Jay, it's not a real bad pain, more like a 3 year old throwing
a tantrum because he can't have candy for supper...

Anyway, the new teflon engine hoses are on... We re-installed the
radios yesterday... The squawk list is all tick marked... He is going
to test run the engines today and vacuum the floor and wash the
belly... Should be good to go for tomorrow afternoon - cept we are
spoze to have a wind/rain storm......

He has a really nice F model Aztec he is trying to sell me - his Part
135 machine... Ahhh temptation, get thee behind me!

Our Governor, Ms. Granholm, is busily working up a new set of service
taxes for airplane mechanics, hair dressers, doctors, etc., in order
to fund her spending programs now that the auto industry has ceased
being the states cash cow...

Steve has recently laid off his part 135 pilot, his mechanic, and his
two flight instructors, all his planes are up for sale and I suspect
he is 99 & 44/100% of the way to GONE - to Arizona probably.... He
says her new taxes are the last straw...
Along the way, he has lost 20 pounds from having to do everything
himself now...

denny

Steve has recently laid off his part 135 pilot, his mechanic, and his
two flight instructors, all his planes are up for sale and I suspect
he is 99 & 44/100% of the way to GONE - to Arizona probably.... He
says her new taxes are the last straw...
Along the way, he has lost 20 pounds from having to do everything
himself now...

That's awful. My sister lives near Lansing, MI, and she regales me
with tales of that state's fiscal woes nearly every week. She's a
retired school teacher who is worried because their pension fund has
been raided by the state in order to fund...who knows what.
Technically, her income is now vapor-based.

(Of course, we could debate the merits of a system that allowed her to
retire -- with full benefits -- at age 55, but perhaps we shouldn't?)

It sure sounds like the Michigan Gummint is having a hard time
learning to live within its (somewhat diminished) means. I suppose
that means that their GA airports will be on the chopping block soon.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Jay Honeck wrote:
Steve has recently laid off his part 135 pilot, his mechanic, and his
two flight instructors, all his planes are up for sale and I suspect
he is 99 & 44/100% of the way to GONE - to Arizona probably.... He
says her new taxes are the last straw...
Along the way, he has lost 20 pounds from having to do everything
himself now...


That's awful. My sister lives near Lansing, MI, and she regales me
with tales of that state's fiscal woes nearly every week. She's a
retired school teacher who is worried because their pension fund has
been raided by the state in order to fund...who knows what.
Technically, her income is now vapor-based.

(Of course, we could debate the merits of a system that allowed her to
retire -- with full benefits -- at age 55, but perhaps we shouldn't?)

Jay, go spend a week in a classroom and then say teachers shouldn't be
able to retire with 30 years at full pension. The average life
expectancy of a teacher is 5 years in the classroom.

Margy (now in museum education and NOT in the classroom)


It sure sounds like the Michigan Gummint is having a hard time
learning to live within its (somewhat diminished) means. I suppose
that means that their GA airports will be on the chopping block soon.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Jay, go spend a week in a classroom and then say teachers shouldn't be
able to retire with 30 years at full pension. The average life
expectancy of a teacher is 5 years in the classroom.

Why should we pay any young person to sit around doing nothing?
Nowadays, 55 is YOUNG -- VERY young -- and there is simply no way to
make paying every 55 year old to sit around doing nothing work,
mathematically.

Unless you've found some new actuarial tool that I've never seen.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Ummm... what if we save enough to pay OURSELVES?

At 59?

Dave (60 days away, and "nothing " is not the plan)



On 22 Feb 2007 17:23:13 -0800, "Jay Honeck"
wrote:

Jay, go spend a week in a classroom and then say teachers shouldn't be
able to retire with 30 years at full pension. The average life
expectancy of a teacher is 5 years in the classroom.

Why should we pay any young person to sit around doing nothing?
Nowadays, 55 is YOUNG -- VERY young -- and there is simply no way to
make paying every 55 year old to sit around doing nothing work,
mathematically.

Unless you've found some new actuarial tool that I've never seen.

On Fri, 23 Feb 2007 23:07:45 -0400, Dave
wrote:

Ummm... what if we save enough to pay OURSELVES?

At 59?

Dave (60 days away, and "nothing " is not the plan)



On 22 Feb 2007 17:23:13 -0800, "Jay Honeck"
wrote:

Jay, go spend a week in a classroom and then say teachers shouldn't be
able to retire with 30 years at full pension. The average life
expectancy of a teacher is 5 years in the classroom.

Why should we pay any young person to sit around doing nothing?
Nowadays, 55 is YOUNG -- VERY young -- and there is simply no way to
make paying every 55 year old to sit around doing nothing work,
mathematically.

Unless you've found some new actuarial tool that I've never seen.

Keem them young people working to support us retired ones. BTW, had I
not gone back to college I'd have had enough time in to take full
returement at just over 52 working in the chemical industry.


Roger Halstead (K8RI & ARRL life member)
(N833R, S# CD-2 Worlds oldest Debonair)
www.rogerhalstead.com

BTW, had I
not gone back to college I'd have had enough time in to take full
returement at just over 52 working in the chemical industry.

I doubt those types of retirement plans will be around much longer.
(Well, except for our ruling class, of course.)

Medically, there is no justification for them, and actuarily, they
can't be sustained.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Oh Crap.. shoudda read on, I am not a teacher.

Sorry..

Dave

On 22 Feb 2007 17:23:13 -0800, "Jay Honeck"
wrote:

Jay, go spend a week in a classroom and then say teachers shouldn't be
able to retire with 30 years at full pension. The average life
expectancy of a teacher is 5 years in the classroom.

Why should we pay any young person to sit around doing nothing?
Nowadays, 55 is YOUNG -- VERY young -- and there is simply no way to
make paying every 55 year old to sit around doing nothing work,
mathematically.

Unless you've found some new actuarial tool that I've never seen.

Margy Natalie wrote:

Jay Honeck wrote:

Steve has recently laid off his part 135 pilot, his mechanic, and his
two flight instructors, all his planes are up for sale and I suspect
he is 99 & 44/100% of the way to GONE - to Arizona probably.... He
says her new taxes are the last straw...
Along the way, he has lost 20 pounds from having to do everything
himself now...



That's awful. My sister lives near Lansing, MI, and she regales me
with tales of that state's fiscal woes nearly every week. She's a
retired school teacher who is worried because their pension fund has
been raided by the state in order to fund...who knows what.
Technically, her income is now vapor-based.

(Of course, we could debate the merits of a system that allowed her to
retire -- with full benefits -- at age 55, but perhaps we shouldn't?)


Jay, go spend a week in a classroom and then say teachers shouldn't be
able to retire with 30 years at full pension. The average life
expectancy of a teacher is 5 years in the classroom.

That is a different problem and is the one that should be addressed, not
providing early retirement for teachers.

Matt

That is a different problem and is the one that should be addressed, not
providing early retirement for teachers.

So, what are you saying, Matt? That an actuarial system should be
devised that allows every 55 year old to be able to retire with full
pension? Or only teachers?

IMHO, the former is impossible, while the latter is unfair and silly.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"