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Message: Dr. INFLATION & The Propensity To ScrewUp ..

Poor Ms. Cosgrove. The Florida woman wrecked her car in 1976. While driving under the Brooklyn Bridge a tarp filled with rainwater fell on it. Then, she lost the $17,500 compensation check from the insurance company.

Her luck seemed to change last week – 33 years later. She found the check in a drawer. But now she discovers two disagreeable things at once – that her insurance company has gone out of business...and the check would be worth barely $5,000 – if she were able to cash it.

This makes no sense. If you lose a check you get it replaced. It may cost you a replacement fee, and you may have to wait, but a lost check is not lost money - it's just a piece of paper.

Propensity to screw up, or propensity to be dumb as a rock?

ebear

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