I was just curious, seems that even self insured, they make a huge profit. They to this point have been paying for a policy to cover us, which is about $15 of what we pay, so the other $43 dissapears into land, and other things they choose to put it into.

That adds up to$6,450,000 a year that they manage to piss away. I just have to wonder where it really goes. They say a lot is for the magazine, but there are enough ads in it to pay for it, or get darn close. Management and things like that cost too, but almost 6.5 million is a lot of money to just spend a year. That can't be going to the muncie site because that would have been payed for many times over by now. I don't mind paying the $58 so much, it just frosts me that they spend millions of dollars each year, and we as members will see none of what they do.

You have to remember, most are members only for the insurance. They don't care about muncie, they think the radio manufacturers will keep the freqs safe, they don't care about owning trade shows or museums. They just want to fly their planes and thats it. They need insurance.

It isn't much different than the EAA. Its about the same price, but they spend their money on full scale war birds that the members can't fly, museums in wisconsin that many won't ever see, and the guys running the thing get all the bennifits of the cool toys that everyone else pays for.

Thats where the rub comes.