“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas

Saturday, May 15, 2010

Financial contracts with friends never work out

When it comes to money, there's no such thing as friends....

From NJ.com -- For more than a month, the ritual among a group of construction workers from Elizabeth was the same: They’d chip in $2 each to buy lottery tickets, for a chance at the shared dream of a multi-million dollar jackpot.

But when their winning numbers finally came in on Nov. 10, 2009, one of the workers claimed the $38.5 million prize wasn’t part of the regular lottery pool, and belonged to him alone, according to a complaint filed by the lawyer for five of the six longtime co-workers.

Apparently the taxes on $38.5million in lottery winnings leaves only $14million left. I'll bet that both attorneys get together over beers every night and scheme about how to drag the law suit out until all the $14million has been spent with them.

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