Free Markets and Unicorns
Q. What do you call it when you lie about the mileage when selling a car?
A. Fraud. The NHTSA calls this a “serious crime and consumer fraud issue.” Additionally, between 2002 and 2005 the NHTSA Office of Odometer Fraud says there was a “definite escalation in [odometer] fraud.”
Q. What do you call it when a woman falsely claims to have a tubal ligation?
A. Tom B. Taker, Jr. Or, as I like to call it, a 21-year donation to The Human Fund.
Today’s axiom is a simple one.
Tom’s Law #42
There’s no such thing as a free market.
You think I’ve gone too far this time? You say, “Open your eyes, Tom. Look around. You’ll see free markets everywhere you look.”
Bollocks! (If only those had been tied instead.)
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Growth Of Thorns
Is it just me or is growth perverted? O Face.
I used to think any form of growth was unsustainable. Just like a perpetual motion machine it’s one of those things that’s impossible. (One of my favorite words.) Then, just now, sitting here, one of my brain cells did something. (It can happen.) For lack of any originality on my part let’s call it my latest theory, k?
Tom’s Theory #42 – Societal Asshole Leech Theory (SALT)
The percentage of leech-based humans is growing over time. Or, the more advanced a civilization the higher the amount of leechage.
As far as we know, there is no causal relationship with the number of pirates known to exist, but admittedly further testing is required. This is a work in progress. (I was on a break.)
98% of all email is spam. Of those messages, 98% attempt to deceive or infect. (The rest merely sell growth products like Viagra, the greatest achievement of our civilization and, dare I say, the entire universe and space-time continuum.) My web server is probed and attacked by cyber-terrorists (mostly from China and Russia) 36 hours a day. There’s an entire subset of humanity that does not have jobs and produces nothing of value yet still has food, shelter, cigarettes, pets, cars, smartphones and internet access.
Is this amount of leechage really on the rise or is it merely my touchy empirical perceptions?
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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?
Stark Market
This is my home office. That’s my stunt double.
If you came here expecting to learn about Winterfell please hold still while my dire wolves rip out your throat. For the rest of us, it’s time to explore the heady world of the stock market and high finance. BYOC. (Bring Your Own Cocaine.)
After yesterday’s false cheer I feel so dirty. It’s time to come clean. I’m gonna tell you how the shit works. All of it.
Disclaimer: I’m not big on introspection. I have never taken stock. I’m just a humble social scientist. These are my findings.
Allow me to introduce GUNT. That stands for Grand Unified Negativity Theory. GUNT is my life’s work. It’s a model that attempts to explain the sum total of human behavior.
Shouts from the Abyss 
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