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Re: Commercials I just fail to understand

Posted: Tue Feb 02, 2016 11:45 pm
by benush26
Hi John and ERLover,
Writing about why I will be selling them made me take a good look at the reasons.

i think (though this is as I write so who knows what I will think tomorrow), that the Mark 7 is good enough for what I want in terms of a one is sufficient rather than many tools - multiples of SS.. I guess if that were not the case, I would be more passionate about keeping all of them.

I could exist without the extra money that their sales will bring, but as my tastes in woodworking change (aka more expensive goodies), the extra will help get me to what I want sooner rather than later. I've come to greatly appreciate the tremendous motor that is the PowerPro when using it as a lathe and drill press. I've not ever tried the 10 as a drill press, however the PP seems extraordinary no mater what I have to drill. A few months back I even used it as a tap starter in metal plate. The lathe portion is so inviting that I have started accumulation of expensive chisels and bought a used Tormek T-7 to keep those chisels at their peak.

A separate sanding station would be interesting, but nearly all my sanding is now on small chess pieces using rifflers. I've got a great Bosch RO sander with 5" and 6" heads for larger projects and I don't mind getting out the SS belt sander on the few occasions it is the better choice.

The 10 was my Dad's and I had not planned to part with it, but it has a jointer and on a massive angle iron frame. Somewhere, someone will enjoy getting to know it. It would be great for turning, but the speed and oops I screwed up again please bail me out control of the PP make the M7 fantastic for me as a lathe. The 10 still sits in the garage however the other three have been relegated to the backyard on platforms under tarps. Not an honorable place for such fine machines.

When facing reality (something I often hate and fear doing) :o , I know selling them is the wisest choice. Anyway, the new owners will come to this site and you can regale them with your words of wit and wisdom. Whether the pay attention.... :rolleyes: , that's up to them to decide.

Hope this helps explain the Shopsmith situation. As far as my ex.... A few years after we divorced she became a lawyer (mainly research for legal opinions). It helped explain a WHOLE lot! :eek: :D

Be well,
Ben

Re: Commercials I just fail to understand

Posted: Wed Feb 03, 2016 12:01 am
by ERLover
@benush26 You dont have to justify to me or I think john either, you know what works for you and what you do wood working wise. I and I think John were just giving suggestions. So dont take it as a criticism, just suggestions.
:eek: Good thing she was not a shark b4 the devorce :rolleyes: ;) voirce.

Re: Commercials I just fail to understand

Posted: Wed Feb 03, 2016 1:16 am
by benush26
ERLover wrote:@benush26 You dont have to justify to me or I think john either, you know what works for you and what you do wood working wise. I and I think John were just giving suggestions. So dont take it as a criticism, just suggestions.
:eek: Good thing she was not a shark b4 the devorce :rolleyes: ;) voirce.
Actually it was a good exercise for me. Thinking through the why or why not. I am horrible at getting rid of things I don't need or use anymore. :o

As far as the ex. she learned well from an older brother (after she dumped me). He was one of the ones that took over DHL as CEO after the owner "disappeared" :confused: :eek: . I could still out-rationalize her (pissed her off) :p but she was smart enough that a Montana Supreme Court Associate Justice kept her as his law clerk for nearly 15 years (he retired). I would guess that 10 to 15% of current Montana law decisions by the Supreme court came from her ability.

Be well,
Ben

Re: Commercials I just fail to understand

Posted: Wed Feb 03, 2016 7:45 am
by garys
Those gold and silver commercials make the same sense to me as the life insurance commercials. None of the insurance companies are losing money, and they have enough extra profit to siphon off millions of dollars to pay thousands of employees a big salary and keep up their Taj Mahal buildings. As a policy holder, think about that and ask yourself, "Where is all that money coming from?" The odds of you coming out on top with insurance is about the same as you coming out on top at the casino. Insurance is just legal gambling.

Re: Commercials I just fail to understand

Posted: Wed Feb 03, 2016 9:52 am
by ERLover
Last I read insurance companies never pay out from assets, pay out from current premiums coming in.

Re: Commercials I just fail to understand

Posted: Wed Feb 03, 2016 10:05 am
by garys
And, those assets were created from premiums paid by the insured, so guess who loses most of the time?

I own an older classic car that I bought new 46 years ago. I have paid 3-4x the original price of the car new in insurance premiums already, and I have never collected a penny from the insurance.

Re: Commercials I just fail to understand

Posted: Wed Feb 03, 2016 10:33 am
by oldiron
I was just thinking about the insurance thing on yesterday. I've been with the same big brand insurance company for my auto policies for the past 23 years. I've had a spotless driving record the entire time. No accidents, no tickets, no nothing and I see these commercials on TV that say, With "Accident forgiveness" your premium will not go up due to an accident which is your fault.

It just pisses me off to no end knowing that if I don't purchase an additional "rider" policy, my premium may go up if I have an accident.

What the hells with that???????? So they prey on our fear to line their pockets even more....

Like someone else said, It's legal gambling for the insurance industry...

I know this would never happen however, It would be so nice if everybody, and it would take everybody, Boycott the entire insurance industry and watch how fast they come down off their ivory towers and crawl back to us rather than us being at their mercy!!!!!!!!!!!!

Mike

Re: Commercials I just fail to understand

Posted: Wed Feb 03, 2016 10:51 am
by Ed in Tampa
ERLover wrote:Ed are you messing with me, or did I miss something? OH William Dufain is doing Rosseling gold commercial as I type this.
Ed no BS and not a band saw, was Bush a good Governor of FL? Is his claims to fame good?
Now to your post/respond to me, was that a beat down? I was saying if I pay 90$ a month it is $540, if I pay a head it is $486, 10% savings, that I cant get that return if I kept it in savings, even a 10K CD for 6 months. :eek:
I wasn't messing with you in particular, what I was doing was giving an example of how many people think. They get greedy and fail to see the cost.

They never think about who is really making the money, they just see big % of POTENTIAL.

As they say a sucker is born ever minute.

Re: Commercials I just fail to understand

Posted: Wed Feb 03, 2016 11:03 am
by Ed in Tampa
garys wrote:Those gold and silver commercials make the same sense to me as the life insurance commercials. None of the insurance companies are losing money, and they have enough extra profit to siphon off millions of dollars to pay thousands of employees a big salary and keep up their Taj Mahal buildings. As a policy holder, think about that and ask yourself, "Where is all that money coming from?" The odds of you coming out on top with insurance is about the same as you coming out on top at the casino. Insurance is just legal gambling.
"Insurance is just legal gambling."

Yes it is and people who buy it a betting they will need it before they pay into the amount they take out. Take life insurance, insurance, companies have tables set up estimating how long you will I live. They then figure out how much to charge you to be able to pay your claim and for them to make money. If you buy it you are actually betting against yourself, you are in effect saying I think I will die before I pay them all the money they want from me.

Some day people will realize a dollar does not increase in value unless there is value added. Anything that promises an increase without value added is a ploy, a sucker bet. Be it insurance or stock, or investment. Some day the piper will be paid and the gamble is you aren't holding the cards when he is.

Re: Commercials I just fail to understand

Posted: Wed Feb 03, 2016 1:13 pm
by garys
That is why I carry only the insurance policies I absolutely have to. I pay insurance on my house because I can't afford to lose it. I carry insurance on my car because the law says I have to, but I carry only liability to minimize my losses. I carry health insurance because my health is more important than anything else, and also because Obama says I have to.
I have no life insurance. That money goes into a savings account. I don't buy insurance policies on any appliances or tools because I don't need them. I don't carry additional warranty insurance on anything I own for the same reason.