Deep Seated Bitterness

crosseyedjoe

Anywhere but here
Silver Member
I'm just wondering why so many people are too critical about the IPT. OK, some checks are late. That's not even a big concern as those players will be paid eventually. I mean we finally have a tour that can show the younger generation that playing pool can be a career choice.

Which brings me to a conclusion, that some people are just bitter about being left out. The biggest thing in pool materialized and they weren't part of it. They even badgered people who do poorly in the tournament saying they can or they know someone who can play better.

The "what could's, would's and if's" can sometimes make you crazy.
 
The ones left out are now really going crazy after seeing the low turnout at the last qualifiers.

They cudda been somebody.

Jake
 
crosseyedjoe said:
I'm just wondering why so many people are too critical about the IPT. OK, some checks are late. That's not even a big concern as those players will be paid eventually. I mean we finally have a tour that can show the younger generation that playing pool can be a career choice.

Which brings me to a conclusion, that some people are just bitter about being left out. The biggest thing in pool materialized and they weren't part of it. They even badgered people who do poorly in the tournament saying they can or they know someone who can play better.

The "what could's, would's and if's" can sometimes make you crazy.

Are you kidding, everybody below the top 20 are making what a person with an average job makes without benefits and paying all their own expenses. Below the top 50 and you are at Wal-Mart wages again without benefits and paying all your own expenses. Are the people on this board really that poor they think this is a living? At it's best maybe 20 players world wide on this tour will make any money that would be worth while, the rest have an average to low paying job with zero security. Lets keep this in some kind of real perspective.
 
crosseyedjoe said:
I'm just wondering why so many people are too critical about the IPT. OK, some checks are late. That's not even a big concern as those players will be paid eventually. I mean we finally have a tour that can show the younger generation that playing pool can be a career choice.

It may be a bit premature to start advising youngsters to pick pool as a career ... maybe after the IPT has been running for a few years and has shown good stability, but not now .... there is still a significant risk in this choice.

crosseyedjoe said:
Which brings me to a conclusion, that some people are just bitter about being left out. The biggest thing in pool materialized and they weren't part of it. They even badgered people who do poorly in the tournament saying they can or they know someone who can play better.

I think your conclusion is WAY off base. The fact that fans criticise a professional sports organization does not imply they're bitter about being left out. After someone who is watching an NFL game on TV shouts "My mother could have made that tackle !", do you think they're bitter because their mother isn't the Bears linebacker ?

I think that everyone who posts the message "why are so many critical" simply do not understand what it means to be a fan. It does not mean emulating jjjinfla and agreeing with everything the top dog says, practically worshipping the ground they walk on. Certainly New York Yankee fans do not agree with Steinbrenner on every issue, why should pool fans agree with everything the IPT does ?

I can't believe that Al Davis brought Art Shell back ... I liked Art as a player, and love Al as an owner, but making the same mistake twice seems silly to me. No, I am not bitter that I do not play in the NFL, I'm just a fan with an opinion.

Dave
 
macguy said:
Are you kidding, everybody below the top 20 are making what a person with an average job makes without benefits and paying all their own expenses. Below the top 50 and you are at Wal-Mart wages again without benefits and paying all your own expenses. Are the people on this board really that poor they think this is a living? At it's best maybe 20 players world wide on this tour will make any money that would be worth while, the rest have an average to low paying job with zero security. Lets keep this in some kind of real perspective.

Right now that's right. What about five years from now if the IPT succeeds? What does the average professional golfer make or the average professional tennis player.

One thing about statisitics that always fascinates me is the abililty to manipulate them to fit the situation. Want to highlight the hot summer? Just say it's the hottest in a decade, completely ignoring the hotter one 11 years ago. I bet if the argument came up about whether it made sense to attempt to be a professional golfer that someone would factor in the thousands of people who try and conclude that it's better to be a cook at Wendy's.

Maybe "a living" is being able to travel around the world and play a game you love. I bet there are plenty of corporate slaves making serious jack with all the perks and "security" that would love to be an average IPT professional player.

There are plenty of professional wrestlers who really scuffled before show-wrestling took off on TV. Now there are still plenty who scuffle but on average there are plenty making serious coin for doing what they do.

Lastly, if the IPT lives up to it's promises, the average wage will be in excess of $100,000 a year for an IPT player. That's a tad bit more than the averag Wal Mart employee I'd say. And I'd wager the entire 15 million that the majority of Wal Mart employees would trade places in a heartbeat.

All the money paid out this year by the IPT was a gift to the pool players. The future will see them earn it if the IPT continues.

John
 
John,
You neglected to point out that for many, this is not even a full time job. So far, they have spent a few days in qualifiers if they don't have their card. The card holders spent a week in Orlando, a week in Vegas, and a week in Reno. I don't think anyone working at Wal-mart for a month made as much as the last place player in Reno.

Most of the players on the tour right now have other sources of income in addition to the tour. The IPT is a very good paying part-time job for many of the players. Whether it grows into a full time job remains to be seen. Either way, it's very good money for anyone with the talent, skill, or good fortune to be playing there.
Steve
 
Steve, you're right. I think I covered that in another thread. I think MacGuy's math neglected to mention that the earnings reported on the IPT website were for 3-4 week's worth of actual work as opposed to 52 week's of full time employment.

John
 
Two tournaments - #29 on list received $40,000.

Sure beats working 2080 hours for that amount.

Next year they will earn. Oh never mind, you are all sure next year will never happen.

Jake
 
onepocketchump said:
Right now that's right. What about five years from now if the IPT succeeds? What does the average professional golfer make or the average professional tennis player.

Who cares? This is the IPT and they arent making any money. None. What does golf or tennis have to do with this? Is KT using their business model and devloping the IPT in accordance with the standards of the PGA or the WTA? Of course not. He's in charge of his own ship and he's doing business the same way he has always done business.

One thing about statisitics that always fascinates me is the abililty to manipulate them to fit the situation. Want to highlight the hot summer? Just say it's the hottest in a decade, completely ignoring the hotter one 11 years ago. I bet if the argument came up about whether it made sense to attempt to be a professional golfer that someone would factor in the thousands of people who try and conclude that it's better to be a cook at Wendy's.

Maybe "a living" is being able to travel around the world and play a game you love. I bet there are plenty of corporate slaves making serious jack with all the perks and "security" that would love to be an average IPT professional player.

I know of several IPT players that cannot afford to go to Chesapeake next week. I'd love to switch places with them.:rolleyes:

There are plenty of professional wrestlers who really scuffled before show-wrestling took off on TV. Now there are still plenty who scuffle but on average there are plenty making serious coin for doing what they do.

Thats incorrect. Professional wrestlers have no health insurance and their contracts are usually laden with loopholes that are tilted in the favor of the promoters. They are treated like circus animals and when they are no longer needed they are let go with very little compensation. Most end up broke due to their health problems.

Lastly, if the IPT lives up to it's promises, the average wage will be in excess of $100,000 a year for an IPT player. That's a tad bit more than the averag Wal Mart employee I'd say. And I'd wager the entire 15 million that the majority of Wal Mart employees would trade places in a heartbeat.

The average WalMart employee expects to get paid on time.

All the money paid out this year by the IPT was a gift to the pool players. The future will see them earn it if the IPT continues.

Hmmm. Will it be taxed that way?

John
John, you can scream until the cows come home about how this is the greatest deal in the history of the world, but if they do not generate a profit, then they are a company operating in the red. I don't care how much money Natural Cures is making, the IPT operating budget exceeds their revenue. Who is going to buy it for $150 Million Dollars?

dr.evil_one_miliion_dollars.jpg


Why do you think he is trying to sell it? I know why. Anybody that looks at this realistically knows why. He cannot afford to keep it.
 
jjinfla said:
Two tournaments - #29 on list received $40,000.

Sure beats working 2080 hours for that amount.

Next year they will earn. Oh never mind, you are all sure next year will never happen.

Jake
Remember the line in Rocky, "You train a 1000 hours to fight 1. There is nothing part time about playing high level sports.
I'll tell you what, that is no easy job staying on that tour. Playing pro sports is one of the hardest highest stress things you can do and in this case with no security at all. You play anything less then your best and you are at the bottom and on your way out. I would not call that a profession.
 
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Straybullet,

I'll take back what I said about the wrestlers. Would you agree that the average income for professional wrestlers is higher today than it was ten years ago?

How about golfers? Is the average income more or less than it was ten years ago? How much more?

If a "professional player" cannot afford to attend a professional tournament then it is their fault. You can't make excuses for them. The US Open has been on the schedule for over a year. It's not the IPT's fault that they are playing it so close to the vest (assumption on my part) that they don't have the money to enter/attend the US Open.

As far as paying "on time". Yep the Wal Mart employee expects to get paid when Wal Mart says they will pay them. In this case, while I find the practice deplorable, the players have accepted that the checks are in the mail and don't seem worried about it. So, apparently, three weeks out is becoming "on time" for IPT players. Still, I bet the majority of Wal Mart employees would trade with IPT players. Want to do a survey and bet a thousand on it?

Taxed which way? Any income, whether it be a gift or earned is subject to tax as far as I know, with certain exemptions up to a limit? You're the CPA, is this not true? Can I be gifted a million bucks tax free? You're not gonna make me look it up are you? But, I think you understood what I meant and would just like to be argumentative. Welcome back.

What does golf and tennis have to do with it you ask? Um, they are two professional sports that developed over time into respected venues for the elite of both to earn incomes commensurate with their skill and sacrifices. I am sure that there were those back in 1916 when the PGA America started that predicted doom and gloom for them as you and other armchair business wizards are doing for the IPT.

You have ZERO idea whether the IPT is operating in the red or not. NONE. You can't even find out the address of the IPT much less have any access to their operating budget, bank account balance, ad revenue, investments, or anything else that is internal to the IPT. Despite your accounting background you are still only able to speculate based on what you perceive from the outside looking in. If I were a hustler I'd ask you bet which companies out a list I prepared are financially healthy and which ones are operating in the red. I'd bet some serious money that you'd pick wrong on a lot of them if you had to choose immediately without doing research. So, while you MAY be right, the fact is that you don't KNOW what the situation at the IPT is.

As for whether the IPT is a good deal (for the player I presume you to mean) or not. If it works out according to Kevin's announced vision then it is a fantastic deal for professional pool players. If it doesn't then it was a fantastic experience for a lot of them and a sore letdown. So, yeah, even after the cows come home, the IPT has been a boost to pool.

Hate to pick on your profession again but the reason you don't understand why an entrepeneur tries to sell or attract investment is exactly why they hire accountants. You are there to count the beans they cultivate. If accountants held the keys to the vault of business success then the accountants would own the world. You are the counterbalance to the entrepeneur's willingness to bet the farm on a vision. I have known very few CPAs who made good business people. I won't bore you with anecdotes but suffice it to say that I know a few who dabbled in businesses with little success. A CPA knows the rules of business but not the moves, just like a novice one pocket player. As an accountant you should know that the worst time to try ad sell a business is when it's in the red. So IF the IPT is in such a bad position as you claim to know it is then I'd have to say that either Kevin is incredibly stupid to attempt to sell it or his accountant isn't very good.

I have no idea and neither do you. Your degree is not a crystal ball. Maybe if the IPT fails the players will finally decide to take matters into their own hands and form a cohesive organization to protect their interests, grow the sport, and provide quality entertainment. If so then perhaps they will hire you and Blackjack to help them in that regard.

John
 
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macguy said:
Remember the line in Rocky, "You train a 1000 hours to fight 1. There is nothing part time about playing high level sports.
I'll tell you what, that is no easy job staying on that tour. Playing pro sports is one of the hardest highest stress things you can do and in this case with no security at all. You play anything less then your best and you are at the bottom and on your way out. I would not call that a profession.

Agreed. And I still bet that the majority of the population would trade places with most sports stars if they could. Not that they would be happier if they did. But if money is the way to keep score then most people would prefer to be making it doing something they love. And the adoration and envy isn't a bad perk either.

I kind of desagree with the assumption that anything less than your best is a sports death warrant. Look at the pro golf tour money list for the last ten years and it's clear that there are plenty of journeymen pros in the middle of the pack who are making a quite comfortable living playing in the same amount of tournaments as the very best players. I bet their best game gets them in the top ten once in a while and their average game keeps them on tour.

John
 
onepocketchump said:
Agreed. And I still bet that the majority of the population would trade places with most sports stars if they could. Not that they would be happier if they did. But if money is the way to keep score then most people would prefer to be making it doing something they love. And the adoration and envy isn't a bad perk either.

I kind of desagree with the assumption that anything less than your best is a sports death warrant. Look at the pro golf tour money list for the last ten years and it's clear that there are plenty of journeymen pros in the middle of the pack who are making a quite comfortable living playing in the same amount of tournaments as the very best players. I bet their best game gets them in the top ten once in a while and their average game keeps them on tour.

John
I was really reffering to the IPT with only 150 spots.
 
onepocketchump said:
Straybullet,

I'll take back what I said about the wrestlers. Would you agree that the average income for professional wrestlers is higher today than it was ten years ago?

How about golfers? Is the average income more or less than it was ten years ago? How much more?

If a "professional player" cannot afford to attend a professional tournament then it is their fault. You can't make excuses for them. The US Open has been on the schedule for over a year. It's not the IPT's fault that they are playing it so close to the vest (assumption on my part) that they don't have the money to enter/attend the US Open.

As far as paying "on time". Yep the Wal Mart employee expects to get paid when Wal Mart says they will pay them. In this case, while I find the practice deplorable, the players have accepted that the checks are in the mail and don't seem worried about it. So, apparently, three weeks out is becoming "on time" for IPT players. Still, I bet the majority of Wal Mart employees would trade with IPT players. Want to do a survey and bet a thousand on it?

Taxed which way? Any income, whether it be a gift or earned is subject to tax as far as I know, with certain exemptions up to a limit? You're the CPA, is this not true? Can I be gifted a million bucks tax free? You're not gonna make me look it up are you? But, I think you understood what I meant and would just like to be argumentative. Welcome back.

What does golf and tennis have to do with it you ask? Um, they are two professional sports that developed over time into respected venues for the elite of both to earn incomes commensurate with their skill and sacrifices. I am sure that there were those back in 1916 when the PGA America started that predicted doom and gloom for them as you and other armchair business wizards are doing for the IPT.

You have ZERO idea whether the IPT is operating in the red or not. NONE. You can't even find out the address of the IPT much less have any access to their operating budget, bank account balance, ad revenue, investments, or anything else that is internal to the IPT. Despite your accounting background you are still only able to speculate based on what you perceive from the outside looking in. If I were a hustler I'd ask you bet which companies out a list I prepared are financially healthy and which ones are operating in the red. I'd bet some serious money that you'd pick wrong on a lot of them if you had to choose immediately without doing research. So, while you MAY be right, the fact is that you don't KNOW what the situation at the IPT is.

As for whether the IPT is a good deal (for the player I presume you to mean) or not. If it works out according to Kevin's announced vision then it is a fantastic deal for professional pool players. If it doesn't then it was a fantastic experience for a lot of them and a sore letdown. So, yeah, even after the cows come home, the IPT has been a boost to pool.

Hate to pick on your profession again but the reason you don't understand why an entrepeneur tries to sell or attract investment is exactly why they hire accountants. You are there to count the beans they cultivate. If accountants held the keys to the vault of business success then the accountants would own the world. You are the counterbalance to the entrepeneur's willingness to bet the farm on a vision. I have known very few CPAs who made good business people. I won't bore you with anecdotes but suffice it to say that I know a few who dabbled in businesses with little success. A CPA knows the rules of business but not the moves, just like a novice one pocket player. As an accountant you should know that the worst time to try ad sell a business is when it's in the red. So IF the IPT is in such a bad position as you claim to know it is then I'd have to say that either Kevin is incredibly stupid to attempt to sell it or his accountant isn't very good.

I have no idea and neither do you. Your degree is not a crystal ball. Maybe if the IPT fails the players will finally decide to take matters into their own hands and form a cohesive organization to protect their interests, grow the sport, and provide quality entertainment. If so then perhaps they will hire you and Blackjack to help them in that regard.

John


I think the real red herring is the impression the tour opens up pool as a viable profession.. The tour regardless of the money is very small in scope and only for a select group of players. It will be very very hard to get on and even harder to stay on. The money that will be paid out will only benefit such a small number of players it would be like calling playing the lottery a profession to aspire to.

There would have to many many other smaller tournament that would be sort of a farm team system to make it a true professional sport. 150 players world wide does not constitute a sport. The true beneficiaries of it could be pool rooms, suppliers, cue makers, there could be a growth in the sport but I think the players will, except for the lucky few, never make enough money to ever support themselves playing.

Pool will remain a pass time sport, very popular but not a profession in any sense of the word. Hopefully at least it may raise the bar a little for prize funds but even that would be doubtful, since the money has to come from somewhere, you can't count on an angel just giving money away for the heck of it.
 
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The IPT Tour?

Everyone talks about the IPT like it is some kind of Pro Tour. Let's see, they have had exactly two full field events this year. Hardly a Pro Tour by anyone's definition. There remains only one Pro Tour in Pool, the WPBA Tour. And of course, the smaller Regional Tours.

And if the money does not get paid from Reno, there will be exactly zero events on the IPT in 2007. Maybe someone will claim that is still a Tour. After all they will still be having Qualifiers for a chance to win $100,000 Guaranteed!

As far as I'm concerned there is only one pertinent question regarding the IPT. Will the players get paid the $3,000,000 they are owed for the World Open 8-Ball Championship? It may not be as simple as everyone would like to believe.
 
The tournament has been over for 1 1/2 weeks & no one has stepped up to say they have been paid. You got John Schmidt looking for a backer to the US Open, most likely cause he didnt get his IPT money. This finally reminded of a job interview I had when I was 17. It was a sales position. The guy had 15 of us in a room and started his pitch. As he went thru, the ad in the paper originally said $9 an hour. By the time he was done, with all the bonuses, gas money, free products for ourselves we were making $19 an hour. Then he took each of us into a room individually for a final interview. He looks me straight in the eye and says "Not everyone is cut out for this". Then he pauses and says "But you are, gradulations." "By the way, I need $50 from you today to bond you for the product I am going to give you to sell next week". I told him to get f$$ked & walked out.

Unfortunately, the IPT sell job is starting to sound familiar. Hopefully the checks arrive & this all ends soon. Mail takes 2 days max. I can write out 200 checks in 3 hours, minimum. I could print them out with a computer in about 96 seconds.
 
onepocketchump said:
Straybullet,

I'll take back what I said about the wrestlers. Would you agree that the average income for professional wrestlers is higher today than it was ten years ago?

Not really. When Vince McMahon bought WCW the salaries went down or remained the same because he was the only big name game in town. Without competition his product has become increasingly stagnant, reducing his profit margin and keeping salaries to a minimum or unchanged.

How about golfers? Is the average income more or less than it was ten years ago? How much more?

I would gues it is more, but is that not due to the sponsorship deals at each event? I'm pretty sure that the PGA has different sponsors for each event and others in addition to headline sponsors such as Buick.The PGA has many revenue generating programs and in no way can you compare the IPT tothe PGA PGA Sponsorship Opportinities - etc Pay attention to all the links at the left side of the page.

If a "professional player" cannot afford to attend a professional tournament then it is their fault. You can't make excuses for them. I'm not making excuses for them. The US Open has been on the schedule for over a year. It's not the IPT's fault that they are playing it so close to the vest (assumption on my part) that they don't have the money to enter/attend the US Open.
??? The US Open had to change dates to accomodate the IPT. The IPT also held 10 qualifiers last weekend. What are you smoking, John?

As far as paying "on time". Yep the Wal Mart employee expects to get paid when Wal Mart says they will pay them. In this case, while I find the practice deplorable, the players have accepted that the checks are in the mail and don't seem worried about it. So, apparently, three weeks out is becoming "on time" for IPT players. Still, I bet the majority of Wal Mart employees would trade with IPT players. Want to do a survey and bet a thousand on it?

Keep your money and get a decent haircut.:D

Taxed which way? Any income, whether it be a gift or earned is subject to tax as far as I know, with certain exemptions up to a limit? You're the CPA, is this not true? Can I be gifted a million bucks tax free? You're not gonna make me look it up are you? But, I think you understood what I meant and would just like to be argumentative. Welcome back.

You said it was a gift. It was fair question. Is it or isnt it? lol

What does golf and tennis have to do with it you ask? Um, they are two professional sports that developed over time into respected venues for the elite of both to earn incomes commensurate with their skill and sacrifices. I am sure that there were those back in 1916 when the PGA America started that predicted doom and gloom for them as you and other armchair business wizards are doing for the IPT.

Armchair business wizard? LOL. Im currently earning my doctoral degree in finance. Maybe, just maybe I might know a little suttim suttim about bidniz.ROTFLMAO @ John Barton - Collins - whatever you go by these days.

You have ZERO idea whether the IPT is operating in the red or not. NONE.

Theyve paid out millions of dollars and brought in less than that in revenue. :eek: Durrrrrrrrrr. :eek:

You can't even find out the address of the IPT much less have any access to their operating budget, bank account balance, ad revenue, investments, or anything else that is internal to the IPT. Despite your accounting background you are still only able to speculate based on what you perceive from the outside looking in. If I were a hustler I'd ask you bet which companies out a list I prepared are financially healthy and which ones are operating in the red. I'd bet some serious money that you'd pick wrong on a lot of them if you had to choose immediately without doing research. So, while you MAY be right, the fact is that you don't KNOW what the situation at the IPT is.

Well, obviously you have no respect for my profession, and I have no respect for your haircut. :p Anyway, I spent 4 and half years in corporate auditing so I may surprise you.

As for whether the IPT is a good deal (for the player I presume you to mean) or not. If it works out according to Kevin's announced vision then it is a fantastic deal for professional pool players. If it doesn't then it was a fantastic experience for a lot of them and a sore letdown. So, even after the cows come home, the IPT has been a boost to pool.

Nobody knows about it all around here. Im not just saying that. Many people have no idea that it even exists - and this is ORLANDO. lol

Hate to pick on your profession again -Bull$hit, I know you enjoy it -but the reason you don't understand why an entrepeneur tries to sell or attract investment is exactly why they hire accountants. You are there to count the beans they cultivate. If accountants held the keys to the vault of business success then the accountants would own the world. You are the counterbalance to the entrepeneur's willingness to bet the farm on a vision. I have known very few CPAs who made good business people. I won't bore you with anecdotes but suffice it to say that I know a few who dabbled in businesses with little success. A CPA knows the rules of business but not the moves, just like a novice one pocket player. As an accountant you should know that the worst time to try ad sell a business is when it's in the red. So IF the IPT is in such a bad position as you claim to know it is then I'd have to say that either Kevin is incredibly stupid to attempt to sell it or his accountant isn't very good.

Well, I'll fax you my portfolio and prove your generalizations to be incorrect once again. Are you still mad about that $8 ham sandwich? I told you I would have taken care of it for you. Jeeze. Talk about deep seeded bitterness.:rolleyes:

I have no idea and neither do you.
Speak for yourself.
Your degree is not a crystal ball. Maybe if the IPT fails the players will finally decide to take matters into their own hands and form a cohesive organization to protect their interests, grow the sport, and provide quality entertainment. If so then perhaps they will hire you and Blackjack to help them in that regard.

He doesn't need me, he needs ethics.

... :p :p :p ...
 
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macguy said:
I was really reffering to the IPT with only 150 spots.

The IPT is modeled after the PGA Tour and being allowed to play on that requires that you finish in the top 150 on the money list.

If the IPT succeeds then 100,000 a year minimum guaranteed before expenses is a pretty good living for a pool player. That's more than a career salary for most professionals in most fields.

John
 
straybullet said:


Since you posted inside my quotes and I don't have the desire to go in behind you I'll just sum it up this way.

Once again, you don't get it. Don't confuse a lack of ethics with a lack of business sense. You can stand on your moral pedastal all day and not change the fact that Kevin Trudeau has been able to amass resources enough to start what he has with the IPT. Whether he can sustain it on his own or not is something you do not know despite all of your degrees. The fact that he did start it is, I believe, beyond your limited scope of "how the world should work according to Debra". It is obvious that you don't like him. So what? A professional such as yourself ought to be able to distinguish between personal dislike and professionallism. As an accountant or degreed business finance genius you ought to be able to admit that you are SPECULATING and have no factual information to back up your claims about the financial state of either the IPT or Kevin Trudeau personally. As long as you cannot provide PROOF of your claims I think it's pretty safe to say you have no clue as to KT's finances. Do you have proof? I didn't think so. I am pretty sure you are taught to verify before you accuse. Perhaps you should examine your own ethics.

Thanks for avoiding the question on the gift tax. First you twisted the meaning and then you avoided the question posed. I suppose consistentcy is a good thing. Good to know you are completely predictable as usual. You probably didn't know off the top of your head. it's okay dear, all those facts can get lost in there.

You don't need to spout your degrees at me for me to see by your comments that you know a lot about business theory and not much about actual business practice. While you are getting your degree in finance others are out growing their companies and providing employment so that regular folks and high-falutin' degree totin' folks like yourself can earn a living. After you are done "earning" your degree you'll either want to get a job or start a business won't you? Or do you just want to be one of those intellectuals who like to sit around and debate financial theory while mutually mentally mastubating each other with your degrees?

I could care less about your portfolio. I'd bet you that if we both started out with $100,000 to invest I could read a few books and have a portfolio worth more than yours in 12 months. The knowledge needed to invest wisely is widely available without an advanced degree in finance. In fact, I bet there are a couple hundred Wal Mart truck drivers whose portfolio dwarfs yours. You are awfully defensive for such an accomplished person. Do those degrees and your corporate bean counting jobs not come with a bigger dose of self esteem?

I have a lot of respect for your profession. I have received a lot of sound advice from CPAs and count several of them among my friends. I have no respect for you or your lame attempts to awe us into submission with your super duper degrees. The wise person doesn't need to proclaim his(her) wisdom nor their intelligence, it is evident.

Gee, no one knows about the IPT around there? You mean Orlando in general, at Disney, at the pool rooms? At the bars. Golly, the IPT isn't part of the public consciousness yet to the point that everyone "knows" about it and is talking about it. Wow. Sure seems to be a lot of activity on the Florida pool scene vis-a-vis the IPT for something "no one" knows about.

And what have you done to promote the IPT in the public eye? Yeah, I thought so. Yeah I know, Kevin's a crook, blah, blah, blah.....

You know I am not bitter about the lamest overpriced sandwich in the world. If you remember I offered to buy you luch at the Cracker Barrel down the street where you can get some value for your money. Before you tell Kevin to get some ethics maybe you ought to consider the humanity in working for a company as corrupt as Disney. Talk about living in denial. Perhaps feeling morally superior to a convicted felon is all you can cling to to assuage your guilt at selling out to corporatia. I wouldn't know for sure as I am not qualified to make that assessment for a couple reasons. One, I have no degree, two, I am not treating you (although I hope someone is), and three even if I did and I were I still couldn't be sure because psychology is very subjective.

That you cannot see the parallels between the fledgling IPT and the PGA is not surprising. Perhaps you should do a study on both for your finance classes. Bet you'll get extra credit and learn something as well.

And lastly, what does the current round of IPT qualifiers have to do with any player attending the US Open? Since there are 90 more qualifiers scheduled I would think that a conflict with the US Open, which none of these had by the way, would not be a valid excuse for missing the Open. For someone who claims they aren't making excuses you sure seem to be reaching for one here. I am pretty sure that any player who has a legimate shot at winning the US Open can afford to be there whether it be through their own money or through a backer. So, please don't bring up that red herring unless you are able to make some kind of point that makes sense.

Well Dear, as always it's been fun defeating your weak and feeble attempts to debate me. I am afraid that you will never be able to win against me no matter how many degrees you obtain. You are just on the wrong side of reason. Try again though. You are good sport for me.

John
 
watchez said:
The tournament has been over for 1 1/2 weeks & no one has stepped up to say they have been paid. You got John Schmidt looking for a backer to the US Open, most likely cause he didnt get his IPT money. This finally reminded of a job interview I had when I was 17. It was a sales position. The guy had 15 of us in a room and started his pitch. As he went thru, the ad in the paper originally said $9 an hour. By the time he was done, with all the bonuses, gas money, free products for ourselves we were making $19 an hour. Then he took each of us into a room individually for a final interview. He looks me straight in the eye and says "Not everyone is cut out for this". Then he pauses and says "But you are, gradulations." "By the way, I need $50 from you today to bond you for the product I am going to give you to sell next week". I told him to get f$$ked & walked out.

Unfortunately, the IPT sell job is starting to sound familiar. Hopefully the checks arrive & this all ends soon. Mail takes 2 days max. I can write out 200 checks in 3 hours, minimum. I could print them out with a computer in about 96 seconds.

As much as I hate to agree with you :-) I have to agree that it's disgraceful to continually brag about how your tour is the greatest and then string the players along. Any of us that have a business know that it's easy to write checks, especially non-payroll checks. Any of us could have done the IPT check disbursement within a few hours at most.

John
 
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