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Post by beavaristotle on Sept 2, 2023 19:54:55 GMT -8
Welp, looks like the Pac is officially dead now. It’s obviously infuriating that all the traditions, rivalries, geography, and common sense, etc. have been cast to the side by our former leaguemates in pursuit of the Almighty dollar. 🤦🏼♂️ But that’s where we are. Of the (limited) available options, I say just join up with the Mountain West and call it a day. Wazzu will probably come too. Yes, the financial hit, prestige hit, etc. totally sucks. But look on the bright side - in this conference, OSU will be one of the top schools, and should be in the running for league titles in football and baseball every year, among other sports. 👍🏻 And as much as we dearly love our Beavs, we were not really a premier Pac-12 program in most sports (baseball being a notable exception). The geography still makes sense, we’re a good cultural fit, and the Beavs could be set up to really kick ass in our new conference. So **** the Ducks and all the other Benedict Arnolds who destroyed a 100-year old conference - a pox on their houses, always and forever. But they’re all in the rearview mirror now. Embrace a future with the MWC and get ready to start kicking some ass. LET’S GO, BEAVS!!!!! 😎👍🏻 as the great philosopher Dwayne the rock Johnson once said “ your role ,know it, your mouth, shut it”
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Post by aggielarry on Sept 2, 2023 20:07:01 GMT -8
LOL. In all seriousness, actual reverse mortgages are a complete scam and ripoff. I once saw an article about a guy, in France I believe, who had set up a reverse mortgage with a woman in her 70s when he was in his 40s, as I recall. He ended up paying her monthly for thirty years, she never left her condo, and he died first.
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Post by wilkyisdashiznit on Sept 2, 2023 20:31:43 GMT -8
LOL. In all seriousness, actual reverse mortgages are a complete scam and ripoff. I once saw an article about a guy, in France I believe, who had set up a reverse mortgage with a woman in her 70s when he was in his 40s, as I recall. He ended up paying her monthly for thirty years, she never left her condo, and he died first. It was a life estate contract. He was in his 40s, but she was in her early 90s, and she outlived him. He paid her approximately $500/mo. for 30 years. I believe that, contrary to the story, that he did get to move in and lived in the condo for approximately a decade before he died. He did, however, have to continue to pay her the $500/mo. But she was using the money to defray nursing home expenses by that point. She left the condo when she was 109, because the pipes froze that winter, and she determined that she would not live, if it happened a second time. By the time that the 40-year-old died, he had paid more than double the condo's value and his wife was contractually-obligated to continue paying the $500/mo. after he died.
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Post by drunkandstoopidbeav on Sept 2, 2023 23:31:15 GMT -8
Reminds me of when T. Boone Pickens talked Oklahoma State into buying 10 million dollar life insurance policies on a bunch of wealthy donors. OSU figured they would make 300,000,000 on the deal and paid something like 16 million in premiums annually for the program.
After several years, nobody had died. OSU wanted out of the deal, and they wanted their money back. I don't think anyone was happy and lawsuits appeared. I don't know how that mess ended up.
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Post by wilkyisdashiznit on Sept 3, 2023 10:10:36 GMT -8
Reminds me of when T. Boone Pickens talked Oklahoma State into buying 10 million dollar life insurance policies on a bunch of wealthy donors. OSU figured they would make 300,000,000 on the deal and paid something like 16 million in premiums annually for the program. After several years, nobody had died. OSU wanted out of the deal, and they wanted their money back. I don't think anyone was happy and lawsuits appeared. I don't know how that mess ended up. "Life insurance is like playing the lottery, except you don't really want to win."--Wilky.
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