Model & HP Rocketry Highly Profitable...

Nov 03, 2004 4 Replies

...for lawyers and insurance companies! Any idea how much money has been made by these people since the early 80's? My guess is around three million dollars. When I first joined the NAR in 1968 the dues were only five dollars. Things sure have changed! Dave ~~~~~~~~~~~~~~~~~~~~~ Dave Griffith TRA 7956 The R.A.T.T.-works Monterey Machine Products



1504-A Industrial Park Street Covina, CA 91722 U.S.A.
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They don't infight. They are firmly in favor of each other making money.

Their lobbiests actually strive for unfettered commerce with minimal rules and restrictions too.

We could learn a thing or two from them.

Jerry

Three million gross reveniue (not profit) is pennies for 1/4 century of time investment

When I first joined the NAR in 1968 the dues were only five dollars.

that would make the dues $25 in today's money.

in 1968 the NAR did not have it's own magazine, it shared space in another publication. So lets add $22 for a hobby magazine subscription to that $25 and it's now $47.

the difference is not so great, what was the insurance in 1968 ? at some time in the past , NAR didn't have insurance either.

Not sure when NAR started offering insurance, but in the late 60s / early

70s it was $300K, and in IIRC 1973 or so was increased to $1M.

Bob Kaplow NAR # 18L TRA # "Impeach the TRA BoD" >>> To reply, remove the TRABoD!

That is more of an inflation issue.

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