old man emu

When you search and locate the email addresses of aero clubs, flying schools and what not, then send them emails, I'd reckon that you've notified the majority of the recreational aviation community. So you know about it, and I can accept that a prior commitment prevents you from coming, but have you mentioned it to others at Cowra? I have actually spoken to the flying school at Cowra and sent information. The aero club was deserted on the day I was there. I suppose I'm just feeling sorry for myself, sitting in an unfinished dwelling because I've put too much time into doing something for others. There's no fool like an old fool.

Well, it's only two weeks until the supposed running of the Arthur Butler Trophy event. I say "supposed" because as of Sunday 7th May, only a handful of people have bothered to request an entry form. At this rate it'll be a case of "every child wins a prize". Hardly worth even dropping the starter's flag.

Notice that the company, Legacy Trust, is from Michigan USA. Hence they use "insurance" to describe what is actually "assurance".

Public Liability insurance is a means of making certain that if a person is injured, or suffers property damage because you were not careful in what you were doing, then the person can have the costs of recovery from injury or repair of damage paid for, without your having to find the money from your own assets. Again, insurance is a bet. You bet that a thing will happen, the bookie bests that it will not. As you can see, its a triumph for the bookies, because most things we fear never happen. The reason that premiums for insurance are so high is that when an event does happen, the cost to fix it nowadays is really high. The crunch here is determining if you had a duty of care to the injured party, especially if the Silks get involved in sorting things out. Assurance has a bit of a bet in it. The bookie is betting that you will live long enough to pay the amount of the wager. In other words, if you insure your life for $1M, the bookie (actuary) will look at your age and compare it to statistics which estimate how much longer a person at that age will live, and set a premium to make sure that after that many years, there is money in the pot to pay $1M. If you cark it three weeks after entering the contract, then the bookie loses. While you are paying your premium each year, it is going into a pool of funds so that a claim arising from the early death of another policy-holder can be paid. Because the bookie is holding a lot of unused money, it can be invested and the interest added to the pool.

What I described as "assurance" policies were the very original. I'd bet that, depending on your age, either your parents or earlier ancestors from the 20th Century used to have their shilling ready each week when the man from the AMP came to collect the premium. I would hazard a guess that the word "assurance" has dropped out of use due to the influence of American English on Anglo-Australian English. The Americans seem to use the word "insurance" to cover the two different ways of preparing to deal with future events. Ah Ha! That would explain why it is now that "endowment assurance" policies are gone. The ATO looked upon them as a wealth-through-investment creation method since that type of policy paid "bonuses" base on the profit of the company. At the end of the term, you had paid in the "sum assured" in installments, from your already taxed money, but the bonuses were the result of the financial management of the company. You could liken it to buying a certain number of shares by instalments, but getting the full annual dividend based on the number of shares your premium bought. Each year the bonus went to buying a share or two more so that at the end of the term, you owned what you said you would buy plus some more. When you "sold" those shares it was a sort of Capital Gain. Is that right, Jerry?

"Single flare" There's something that tinkles a tiny bell. Am I wrong in saying that the flaring on piping used with aviation fittings are double-flared?

That example is not really an assurance policy because it does not specify the sum to be paid when the event occurs, although without looking into one, I suppose the fund would have to make some promise. If you really want to prepare for your funeral, I suggest purchasing your plot now, and keeping the cemetery informed of your contact details. Then you can buy your coffin or casket and store it until needed. I have often considered making my own. It's not beyond the ability of the average DIYer - probably easier than making a chest of drawers. Then you put a clause in your will stating that after your debts and funeral expenses have been paid, the family can fight over what is left. Just to clear things up. With an assurance policy, the assurance company enters into a contract with you to pay a nominated amount of money when an event takes place. Look at the once popular Endowment policy. The agreement there was that the assurance company would pay you a certain amount of money after an agree time (set by law at a minimum 10 years) if you regularly paid a set amount (premium). Say the agreement was for $10,000 at the end of ten years. You would pay $1000 per year. If however you were knocked off the perch at five and three-quarters years, the assurance company agreed to pay the full $10,000 and cop the loss. If the policy ran the 10 years, then the assurance company had your money to cover payouts to other policyholders. Whole-of-life assurance policies generally only pay out on death, or total and permanent disability, so tend to have slightly cheaper premiums than Endowment policies. And they usually pay you out, dead or alive, if you reach and advanced age, like about 85 years. However, with a insurance policy the assurance company enters into a contract with you to pay a nominated amount of money if an event takes place. If the event happens you win. If not, yu lose. Insurance policies usually only have a life of 12 months, so you have to renegotiate them annually. Sometimes an insurance policy can be for a shorter term - such as crop insurance, it Public Liability insurance for a one-day event. Now, let's not now wander down the sidetrack of immoral practices insurance companies engage in to break the contract, but keep you money. The moral of the story is that, if you want to provide for your family in the event of your death, buy an assurance policy. And see if you can get one that allows YOU to increase the premiums and sum insured in relation to inflation. Otherwise, entering new insurance policies should be done about every five years. If you, as a young married, took out a $1M whole-of-life you would probably be looking at taking out a policy of, say, $5000 in five years. You wouldn't need to take out another $1M.

Most assuredly, but sometimes one must look to the end result. I'm sure that Rodney would be happy to teach you how to use the tool, and to use it at his place. That mob have always had the custom of providing free advice to homebuilders because the original owner built his own Pitts Special and was hoping to build a GeeBee replica before he got crook.

Assurance and Insurance are two completely different things. A definition of "assurance" is a promise to cause someone to feel certain by removing doubt. So an assurance policy is a promise from the company to pay a nominated sum when an agreed event happens - death, or at the end of a specified period of time. A definition if "insurance" is a promise a thing providing protection against a possible eventuality, which if that does not eventuality happen there is no payment. An assurance policy can be compared to a forced saving plan which results in reaching a definite goal. An insurance policy can be compared to betting on a horse race. You only get a pay out if your horse places.

After having grown up with MPG, it would have been much clearer to simply go KPL. I can get 700 kms out of an alleged 55 litres in my car. That's 7.8 l/100km. But when I top up with 25 litres, I like to know that I have increased my range by 25 x (700/55) = 25 x 12.7 = 318 kms. If I want a quick estimate, I can use a factor of 12 or even easier, 10.

Does that mean that his birthday is 3/5/23 or that he is gullible?

Have you measured it? I'm pretty sure that the rolling presses for sheet steel are still set at the imperial measurement. How damned accurately can you manufacture in steel with anyway? I was once told that in wood or tube aircraft construction, if you get to within 1/8" you are doing really well. Just remember the old carpenter's maxim, "In glue and dust we place our trust. If that don't work, the putty must."

Thanks for that recognition. When an organisation like the Museum seeks to raise money by running a raffle, guessing competition Art Union and the like, I think that it is commonly held by the people who outlay money to enter have little expectation of winning and consider that winning any of the offered prizes is a remote possibility, making the outlay really a donation. But for the organization, offering a prize removes the feeling that it is going through the streets with a begging bowl crying, "baksheesh". Fortunately modern technology makes it easy to set up a means to gather entries digitally. That is something that I have to set in motion. On the other hand, if anyone would indeed simply like to make a donation, PM me and I will give you the details for a money transfer. At this stage the Museum is not registered for donations to be tax deductable.

Perch: measure of land equal to a square lineal perch" (usually 160 to the acre), late 14c., earlier "land-measuring rod" (c. 1300), from Old French perche "unit of linear measurement" (5.5 yards), also "measuring rod, pole, bar" used to measure this length (13c.), Rod: As a unit of linear measure (5½ yards or 16½ feet, also called perch or pole) attested from late 14c., from the pole used to mark it off. As a measure of land area, "a square perch," from late 14c., the usual measure in brickwork. Pole is now an equivalent length, but at one time a pole was 10 feet, or 3.3 yards. The ten-foot pole was a common tool used to set stakes for fences. Nowadays fence paneling is 2.4 metres. It appears that perche came to us from the Norman conquerors, when the conquered were using the term "rod", from Old English.

Skippy, Open your purse and get Rodney to do it for you. That way you know it is done right the first time. And you have a bit of warranty on the work.

The Henry Ford School of Business approach.

I can't handle altitude in metres, not tyre pressure in anything but psi. But that's just my two bobs' worth.

Comments like that can be divisive.

I'm glad that we use the Metric system in aviation for air pressure. Using hectoPascals for QNH and QNE provides for better accuracy simply by there being more divisions on a hPa scale than on an inch scale.

My daughter is an accountant and CPA. She's worked her way from accounts clerk before she qualified to being a CFO of an Australian registered company which is owned by a German international. She holds an above average military security clearance as her company contracts to the Defence Department. At New Year she was promoted to the Board of the Australian company, and is held in such regard by the Germans for her ability and integrity that it is not impossible to see her as CEO in a few short years. At the moment she is working on another important production project due for completion by the beginning of December this year. Being an efficient accountant, she has ensured redundancy in the project. OME will be the grandfather of twins!

Or close enough to one kilogram per square centimetre.

Thanks for looking that up for me. Checked and we are OK to go as the prize pool is below the prescribed value.

Arthur Butler Aviation Museum Inc has been created to preserve the history of Arthur Butler and the airline that was the rival of that chap's from Hamilton in Victoria. That's why it is conducting an air rally on 20 May next. Profits coming from entrant fees will help fund the initial steps towards the preservation of memorabilia and publication of the history. For a multitude of reasons, pilots will not be able to attend the event due to distance, unserviceability of aircraft or prior commitments. However, I am thinking of a way these people could support the museum. Several sponsors have provided small aviation-related items to the museums for use as contest prizes. What I am thinking is to run a guessing competition with those items as the prizes. I have: A training package provided by PilotTrain https://www.pilottrain.com.au/ An aircraft tie-down kit supplied by Aerokits Australia Instrument panel sunscreen supplied by Swish Projects I can set up an online form, like the one Angel Flight is using to sell its Art Union tickets, so that people can purchase an entry in the guessing competition and pay for them by bank transfer. Question is, at $5.00 per ticket (3 for $10) would people enter the guessing competition? Please provide me with some feedback. Also, would those who intend to enter the Arthur Butler Trophy event please contact me in the next week at [email protected] to be sent the entry form and information package.

Glad to see Quant RS is diversifying into health insurance. That's got to be a big income source.

Ignore the measurement system These parts are made to a standard. All you have to do is order the part by its designation, whether that be AN nnn-x, or MSnnnnnn, or even NASnnnnnn. It seems that the designation of aerospace components has changed again. This chart can help decipher designation codes: https://bandemfg.com/conversion.html So a the part called for in your manual is AN827, which changed its name to MS24396 and later, as it might be called for in a design done today, AS1036. The 3/8" aluminium fuel line can be obtained from https://aeroflowperformance.com/af66-3000-3-8-alloy-hard-line-9-5mm, but Supercheap has it much dearer.