It is obvious that ANY business, large or individual, must eventually take in more than they pay out. That is otherwise known as profit. Then you get in to gross profits, net profits, EBITA, etc. I have never met anyone that was opposed to a company making a profit. I set the stage for reality. Profit is what it is, until people manipulate rules, fine print, etc., to gain an unfair advantage. Many of the extended warranties are NOT designed to protect many signers, they are designed to generate large sums of cash. They use unfair tactics to gain the unfair advantage over unknowing or trusting people. One of the cash cows in all car dealers is the accidental death and dismemberment insurance that your "friend" in the accounting office tries to sell you. They make huge percent in profit. The "deal" is done, you think this person is your friend and just trying to help you out. What is funny as heck to me is that when the economy turned and many of these car dealer millionares found themselves bankrupt, they whinned. I say, oh well! It was probably just some good old fashioned Karma comin around.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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