What Does The Rich Say?

Get wealthy enough and you start believing your own hype and thinking shit like this is a good idea.
Earlier I espoused my pet theory (my precious!) that the odds of being an asshole increase exponentially with the acquisition of wealth. For example, if someone is in the top one percent there’s an asshole threshold (AT) of 99 percent. For the top .01 percent that grows to 99.99 percent.
I said at the time I said that I thought extreme wealth was a function of “lie, cheat and steal (LCS).”
Is it a chicken and egg kind of thing? Are people in the top .01 percent because they were born with LCS? Or was LCS something they had to learn to get there? Chicken and egg.
Thinking about this, I thought to myself, “If only there was some way to know.”
Then I realized that an existing data study might be useful. But what existing data is available? How about words taken right out of their own mouths? Perhaps that might provide some insight into their character and world view.
Case Study – Ray Kroc
Ray Kroc was a “restauranteur” and founder of McDonalds Corporation and included in Time: The 100 Most Important People of the Century. Perhaps not in the .01 percent Kroc was still considerably wealthy, worth about $500 million when he died in 1984. The Kroc family now has an estimated worth of $1.7 billion.
Suffice it say he’s sold a few “hamburgers” and made a few bucks. Let’s see what he has to say.
If any of my competitors were drowning, I’d stick a hose in their mouth and turn on the water. It is ridiculous to call this an industry. This is not. This is rat eat rat, dog eat dog. I’ll kill ’em, and I’m going to kill ’em before they kill me. You’re talking about the American way – of survival of fittest.
–Ray Kroc
Source: Bloomsbury Business Library – Business Thinkers & Management Giants (2007)
Wow. He truly sounds like a great guy. I think we’re ready for the peer review process to begin.
I’m updating my hypothesis. I’ll bet dollars to donuts that wealthy people say all sorts of the darnedest things. Like upside-down Weebles, they have an overly-inflated sense of self and think they can’t fall down. That’s when they’re at their quotable best. (See: Sterling, Donald.) It’s almost like they get off on exposing themselves. As if to say, “See what I can do? I don’t just have all the money. I can also do this. What are you going to do about it? Ha ha ha.”
Can you find other compelling examples of what the rich say?
Hamburgler kicked me in my Fry Guy
When someone promises me a shot at being a “winner” naturally my ears perk up. I mean, after all, I’ve never tried that, so I’m understandably curious.
Call it the McCircle of McLife. What goes in one end eventually passes through. Like a hamburger milkshake squirted out of your Grimace.
Those who do not remember the past are condemned to repeat it, so, in an attempt to be helpful, here I am to remind everyone of the not-so-distant past regarding the juicy marriage of McDonald’s and Monopoly.
In 2000, the US promotion was halted after fraud was uncovered. A subcontracting company called Simon Marketing (a then-subsidiary of Cyrk), which had been hired by McDonald’s to organize and promote the game, failed to recognize a flaw in its procedures, and the chief of security, Jerome P. Jacobson, was able to remove the “most expensive” game pieces, which he then passed to associates who would redeem them and share the proceeds. The associates “won” almost all of the top prizes between 1995 and 2000, including McDonald’s giveaways that did not have the Monopoly theme. The associates “netted” over $24 million. The scheme was uncovered when one of the participants informed the Federal Bureau of Investigation. Even though the fraud was perpetrated without McDonald’s knowledge, the McDonald’s Corporation voluntarily attempted to rectify the situation by issuing payouts to new (legitimate) winners, awarding five $1 million annuity prizes, and fifty $100,000 prizes over a five-day period.
While the fraud appeared to have been perpetrated by only one key employee of the promotion company, and not by the company’s management, eight people were originally arrested, leading to a total of 21 indicted individuals. The relationship between McDonald’s and Simon Marketing broke down in a pair of lawsuits over breach of contract, eventually settled out of court, with McDonald’s’ claim being thrown out and Simon receiving $16.6 million. Although McDonald’s was not involved in the fraud, it came under much criticism for what appeared to be lax oversight of the promotion company.
In 1995, St. Jude Children’s Hospital in Memphis, Tennessee received an anonymous letter postmarked Dallas, Texas, containing a $1 million winning game piece. Although game rules prohibited the transfer of prizes, McDonald’s waived the rule and is making the $50,000 annual payments. Investigations later indicated, and Jacobson himself admitted, that he had sent the winning piece to the hospital.
Source: Wikipedia
You’re welcome! You know what they say. “There’s a McDonald’s customer born every minute.”
A study done by R.P. Clayton and K.E. Belk in 1998 concluded that a single 4-ounce ground beef patty was made from, on average, at least 55 different animals to, at most, an average of 1082 animals.
Source: Really Fast Food?
And…
Schlosser says a fast food hamburger sold in 1965 and one made today might look the same, but 38 years ago the meat from the burger likely came from one cow or steer. In today’s burger, you’ll find pieces of a thousand or more cattle from as many as five different countries ground up into one little hamburger patty.
Source: DePauw University
Now that’s what I call eating globally! That sounds a lot better than taking second prize in a beauty contest!
Recent Comments