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Old 04-11-2004 | 02:31 PM
  #29  
J_R
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Default RE: More math help requested???

Time to rant

For any of you that do not realize it, there as a time before RC. The AMA existed and dues was paid. The AMA has become a corporation with a value of about $25 million, using Dave Brown's estimation. That was not put together in the last year or the last 10 years and probably the bulk was not put together in the last 20 years.

The AMA is self-insured for the first $250,000 of each liability claim. That is possible because of the reserves, in the form of cash and assets that the AMA has built over a very long period of time. Anyone can go by a liability policy... for some amount of money. The current arrangement allows the AMA to use commercial insurance as almost an emergency policy. Very, very few claims are paid by the commercial insurance policy. That keeps the dues down.

ALL of this is brought to you, courtesy of the early AMA members... the FF and CL modelers, that went before. There are still a lot of us that now fly RC that can remember times before RC existed. There are still very active FF and CL communities. Trying to dismiss thier contribution is akin to asking "what have you done for me lately?". They made RC possible for all of us.

Should we spend 6 million? I say NO WAY, on the other hand there is some amount that I feel is reasonable. Truth be known, I don't know what is reasonable. I don't much like the concept of a national flying site. At the same time, the NATS are something I am very supportive of. Since we do have a national site, and the NATS will be held there, it seems only appropriate that indoor be represented there as well. JUST MY OPINION.