Walter W. Bettinger II Charles Schwab (SCHW) $19,547,649
So, what else goes on that is likely to leave you, not only bamboozled, but less solvent than when you started down this road to a new vehicle?
· Extras you Don’t Need—beware the “sit-down” with the “financial advisor” or the “business manager” who wants to wrap up the deal but who first wants to make sure you know about items that may be crucial for you and the life of your new car, like: under-carriage protective coating or over-all rust protection or an extended warranty or a lifetime service contract, or some other useless gimmick that increases your final cost but mainly adds to the dealer’s profit.
We could go on forever about auto dealer and manufacturer scams, but instead, let’s see what is happening with the retail treatment of death and sorrow. It’s not pretty.
Of course, the ‘advance planning’ of funerals is now in much favor because although made in advance without the deep emotions attendant upon a current death, there is a tendency to play upon feelings of what is appropriate and meaningful and thoughtful and acceptable within society’s norms and standards. So, there is still a manipulative set of emotions, myths and beliefs upon which to feed. Let me mention just a few of the ‘tools’ used to boost profit.
- Protective Gasket Scam – according to www.scambusters.org, “
“The protective casket has been called the biggest rip-off in the funeral industry. The gasket costs $12 to $20, yet funeral homes typically charge $700 more for models with gaskets than for those without. The Funeral Help Program says the gasket can actually have exactly the opposite effect. The Funeral Rule forbids claims that “protective” features like the gasket help preserve the remains indefinitely, because they don’t. They just add to the cost of the casket.”
In conclusion, I venture to offer the following thoughts for your consideration:
5. The basic principles of Capitalism and Democracy are not the same (see the chart in my last post), and business will always use and manipulate governmental entities to its own ends. In case you haven’t realized the danger before, remember--to all who live by profit as their primary motive, Government is a tool to be used for profit-making, not a democratic structure meant to preserve human rights, individual equality, freedom for all, equal justice, or the pursuit of happiness through equality of opportunity.