<br><font size=2 face="sans-serif">Buddy your are right!</font>
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<br><font size=2 face="sans-serif">I thought I saw Dave Brown on a cruise
ship heading to Drambuie, not shooting skeet off the stern, but flying
an electric pattern foamy. I thought nothing of it until he bought a drink
with an AMA Amex card.</font>
<br><font size=2 face="sans-serif"><br>
<br>
<br>
Gray Fowler<br>
Senior Principal Chemical Engineer<br>
Radomes and Specialty Apetures<br>
Technical Staff Composites Engineering<br>
Raytheon</font>
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<td width=40%><font size=1 face="sans-serif"><b>BUDDYonRC@aol.com</b> </font>
<br><font size=1 face="sans-serif">Sent by: nsrca-discussion-bounces@lists.nsrca.org</font>
<p><font size=1 face="sans-serif">05/02/2007 01:07 PM</font>
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<div align=center><font size=1 face="sans-serif">Please respond to<br>
NSRCA Mailing List <nsrca-discussion@lists.nsrca.org></font></div></table>
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<div align=right><font size=1 face="sans-serif">To</font></div>
<td><font size=1 face="sans-serif">nsrca-discussion@lists.nsrca.org</font>
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<div align=right><font size=1 face="sans-serif">cc</font></div>
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<div align=right><font size=1 face="sans-serif">Subject</font></div>
<td><font size=1 face="sans-serif">Re: [NSRCA-discussion] NSRCA contrubution
to nationals</font></table>
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<br><font size=2 face="Arial">Eric</font>
<br><font size=2 face="Arial">A very good analysis of what happens. It
appears that you have finally outlined the problem which makes it impossible
to assure that the cost of the Nat's is what it is.</font>
<br><font size=2 face="Arial"> </font>
<br><font size=2 face="Arial">I was in business for forty years and thoroughly
understand the situation. </font>
<br><font size=2 face="Arial">In the several cases where this type of accounting
was discovered in my company, most ended up as being self serving to those
involved. </font>
<br><font size=2 face="Arial"> </font>
<br><font size=2 face="Arial">In one case I discovered that members of
my accounting staff and their friends and familles had taken a Caribbean
cruse and billed it as a business meeting and charged the cost to an unrelated
on going project that resulted in project cost over runs.</font>
<br><font size=2 face="Arial">In this case they got greedy and got caught
when these over runs were audited. This was a typical case of the lack
of adequate accounting practices with checks and balances that serves to
keep the fox out of the hen house.</font>
<br><font size=2 face="Arial"> </font>
<br><font size=2 face="Arial">I am not suggesting that this is the case
with AMA accounting, only pointing out the need for adequate rules of accounting
and checks and balances that will provide the information that the membership
requires and deserves.</font>
<br><font size=2 face="Arial"> </font>
<br><font size=2 face="Arial">Thanks for providing the information that
provides the NSRCA portion of the facts of the situation. </font>
<br><font size=2 face="Arial"> </font>
<br><font size=2 face="Arial">Buddy</font>
<br><font size=2 face="Arial"><br>
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<hr><font size=2 face="Arial">See what's free at </font><a href="http://www.aol.com?ncid=aolaof00020000000503/" target=_blank><font size=2 color=blue face="Arial"><u>AOL.com</u></font></a><font size=2 face="Arial">.
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