In the comments on my previous posting, someone mentioned deep sea oil rigs. Now, there’s a captive work-force. So, I was curious.
In the comments on my previous posting, someone mentioned deep sea oil rigs. Now, there’s a captive work-force. So, I was curious.
You’ve probably heard of Fordlandia – it crops up again and again on the internet’s “weird things” zones.
Imagine if you and I were to play a game of chess.
At Frankfurt Airport:
Last week, I used a tow strap (I keep it in my truck bag in the back of my truck) and my big Chevy Tahoe to pull a UPS truck out of a ditch. You know, the standard UPS package car – big, brown, GMC service chassis with a Grumman aluminum body with dual rear wheels. I know GMC makes 4×4 drive-trains for those things; they’re not that much more expensive, either. I would sort of expect that each UPS motor-pool would have a couple 4×4 and the rest rigged for highway driving.
One of the assets of a company is its endowment or its retirement fund. In principle, it’s money that has been set aside for employees’ pensions when they retire.
I used to joke that I could wallpaper my bathroom with stock options. Back in the 90s, it seemed like every company was giving them away and everyone was either getting rich on options or wallpapering their bathroom, or both.
In 1999, I became a millionaire on paper by selling shares in a company that I had created for the express purpose of selling the shares. That ought to sound bizzare to you, and it is – it’s one of the weirdest parts of corporate capitalism. The entire thing feels like a scam, except that the money is very real, or it’s not, depending on what happens.
A friend of mine retired from an IT executive job and she and her husband decided to become wealthy capitalists in their retirement. Since the evils of capitalism are a frequent topic here on FtB, maybe it’s a good idea to do a quick explainer of how a few of those evils work. These are the simple ones, and I’ll describe them as cleanly as I can so you can understand what’s going on when you hear about it elsewhere.
Sometimes I get addicted to weird cheap crap, like hydrophilic beads, odd LED lightbulbs, or purple lasers. And, often, right after I click “BUY” I think, “whoever makes this stuff must realize what a decadent culture we are.”