JB:
Jim Branum:
Horrace, go to the AMA site and click on MA and select the current issue. Look at Joyce's column and at the very bottom you can read exactly what I quoted. The date given there is December 2004. Your remarks about the EVP and finances are not exactly on target, but you could use this as ammunition to rant on about why MA is NOT a profit center instead of a cost center. So, either I am too stupid to see your point or I have provided the correct guide to the answer you need. Let me know please.
I know your opinion about Muncie but do not feel that we should be throwing lots and lots of dollars down that black hole.
Hey Jim, you did good. You proved my point in another thread in this forum and JR sent me a note saying I failed to comprehend what Bob Hunt was saying in the special issue. To me it was plain English that Hunt said we were getting 13 issues this year. I emailed Hunt however he never answered. So we have. Read it again JR!.
When I read your post I went to the AMA site and saw the November cover on the home page so I FAILED to investigate further. My BAD!

I have not yet received the Dec. MA. Thank you for the above.
So my point is that from the audit reports, MA is paid for by the membership, not the advertising which is wasted on the agent's commissions and the "production" of said advertising, so I wonder just who allowed the financing of a SPECIAL ISSUE at additional cost in member-dues monies. I also wish to establish an early notice that the CFO, The AMA EVP, never tells us about AMA financial situations. potential problems and solutions, etc., etc. He simply PARROTS that information which is past history and is provided by the outside paid auditors. All he has to do is a bit of cut and paste and IMO, he considers himself done with his job as he sees it.

IMO such neglect of the membership's financial well-being from the Second-in-Command is more detrimental to the AMA's growth than Brown's dictatorial behavior.
Yes, I support AMA having a well established base of operations. I pleaded to AMA to not do the Muncie thing but rather first establish several regional flying facilities. See where that went! Since Muncie is a fact, I think it is better to make Lemonade than cry over a bag of lemons. Make the best of what you have. OTOH I believe in a diversified portfolio, so all the money shouldn't be in the same account. Funny thing you should mention it as in a rare clean-up yesterday I came across some of my old letters to the EC when buying Muncie was in the planning stages. I did try and some of my predictions were not far out.