RE: Daily Dose of Sultnpapper 08/04/18> This might just do it… or not.
And here you thought you were going to outrage me. All I can say is 'yep, he's right'.
The criminal that was my grandmother hoarded and saved some gold coins in '33. When she died they were parceled out in order of seniority in the family. I ended up with a $2.50 coin which I chose with a $5.00 coin on the table.
I bought this house for $1.00 and other considerations. I did not inherit this house. I paid the dollar. I allowed my friend Ray to live here until he died. We hand wrote all the documents then I printed them up. Had them signed and notarized and filed. Done. Didn't hurt that the whole transaction was done the week between Christmas and New Years so none of it got much attention.
My brother the banker? He and I have handled every bit of my parents estate with out interference of a lawyer. It's pretty easy to look up what you need on line and do it.
Does he know he's in a shitty industry? Absolutely. It's not the only one around, and it pays him more than average. He's playing for the 'home team', his wife and kids. Nothing more, nothing less.
Speaking of, he just bought a place in Thailand. A relatively considered choice, tax wise and mortgage wise. Notice that I used the 'm' word, which you won't find in the home selling industry. Seems there were some legal issues a few years ago (somebody with enough horsepower sued a big hitter) and so you now get a home loan, not a mortgage. Mortgage presumes a certain value which couldn't be proved, hence he lawsuit.
And the stack of paper? According to my brother all but three of those sheets are what he calls 'compliance issues'. CYA to the max.
The first phrase I learned in German was, no doubt "Gottverdammer Roosevelt". My Grandfather used it often, but the object of the phrase took his gold and silver. He NEVER forgot. And for the record, I don't believe my Grandfather ever once swore in English.
Thanks for this. It's necessary.
To be validated as right by you Bigtom with the words, "yep he's right" I am sure will be the highlight of my day. I must say that I am really surprised that we see eye to eye on this.
I can understand your brother and his having to play for the "home team". My wife's uncle John ran the local family run bank in our area that carried the family name. I learned a lot about the banking industry from him just from talking with him at family gatherings and such. That industry is like several others where when you are on the bottom step of the stairs you really don't know what all the details are of the upper floors, the only way to find out is to climb the stairs, and when you get to the top you finally learn. It is at that point though a person has gotten themselves into a place in life that it is hard to even consider changing professions since the salary is "up there" and the years it took to get there can't be gotten back.
My wife gets really angry with me when we have to go to the bank together to do some banking, I always seem to find myself trying to teach these young banker tellers and customer service people about the difference between a Federal Reserve Note and real money among other things.
I can truly appreciate your Grandfather's disgust for FDR, he NEVER forgot for good reason, he and everyone was literally robbed of what ever wealth they had accumulated. It might also be that he knew the Great Depression wasn't something that just "happened", it was intentionally done by the banksters in order to drive the country to its knees and then capitalize on it.
"Thanks for this. It's necessary." , yes, I totally agree with those words of yours. That is why I have taken the time to point these things out, even if only one person ends up benefiting from it it will have been worth the effort.