401–410 of 471 posts
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Selling nukes and biological/chemical warfare agents and other things that "arms dealers" provide is not legal in the US. Gun shop owners are not commonly referred to as "arms dealers". But thanks for shoehorning your political views into an unrelated conversation.
Has there ever actually been a confirmed case of a nuclear warhead being sold by an arms dealer?
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Selling nukes and biological/chemical warfare agents and other things that "arms dealers" provide is not legal in the US. Gun shop owners are not commonly referred to as "arms dealers". But thanks for shoehorning your political views into an unrelated conversation.
Has there ever actually been a confirmed case of a nuclear warhead being sold by an arms dealer?
Of a warhead I don't know, but North Korea is rumored to have bought critical nuclear expertise from Iran.
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The real scam is the ongoing, monthly, maintenance fees on your 'timeshare'. Worldmark wanted $100 per month, per week of ownership, in a presentation I saw in Vegas. Which means that 52 weeks x $100 x 12 months = $62,400 per year in 'maintenance' on each unit. So even if you paid cash, they still get $62K per year in addition. This was Worldmark Vegas, buying a 'week' in a townhouse complex of $150,000 units. The mo…
I'm not sure if this is a complete "scam." I think it mostly works out as similar to the costs of typical hotels. - I would assume the timeshare companies often have more supply of rooms than they have paying "owners." For example certain destinations are only desirable during part of the year when the weather is favorable. So they may not be making this full amount in the math above. - They have regular expenses bey…
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Roping the unsuspecting into an incredibly expensive time-share using hard-sell boiler-room tactics without ever being up-front about the true costs. I sat through one of these once, curious about how it was going to go, and with the intent going in of not ever buying anything anyway. They present the timeshare as if it costs only pennies a day, and never admit to the true cost unless pressed very hard (and even then…
Yeah. I thought we could just go there to listen to it. they didn't say anything about a timeshare, they just said go there to listen to them talk about some apartments. I sounded pretty harmless. Things started off politely enough. Then about 30 minutes in they get really mean, really fast. this was wyndham by the way - if you check online, looks like they have nothing but 1 star reviews, from those that did sign up…
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There's a furniture salesman here in Houston who makes heavy use of that sort of promotion. His latest if you spend $3,000 on a mattress and the Astros win the "2018 baseball final championship series" you'll be refunded the purchase price. Not sure why it's worded so formally; must be a legal thing.
Terms like “Super Bowl” and “World Series” are trademarked, so advertisers use phrases like “the Big Game” or “baseball final championship series”, in this case, to avoid a lawsuit.
Since this is a California on-site thing, California sweepstakes law applies.[1] - "The exact nature and approximate value of the prizes must be disclosed clearly and conspicuously when they are offered." - "The law prohibits the company from misrepresenting the odds of receiving any item offered." - Prohibited: "Failing to award and distribute all prizes of the value and type represented." Online complaint form here…
The car is surrounded by posters that read "Enter to win" above a picture of a white vehicle otherwise similar to the blue car physically present. There is absolutely no doubt that ideogram promises a chance to win the car in exchange for the registration.
I just have to enter the car? Hold my beer!
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Who insures the reinsurance company?
Berkshire Hathaway. Per https://www.reuters.com/article/us-berkshire-buffett-insuran... , they are planning for handling a potential $400 billion catastrophe.
Berkshire's General Re does reinsurance, not re-"reinsurance". Is there a recursive step -- Could General Re face a claim that it needs to leans on the rest of Berkshire to pay?
The article says its insurance companies face a 2 percent chance of being "$12 billion" insolvent, which Berkshire could cover from non-insurance profits. But would that still be true if the claims came in, or would the non-insurance companies also have correlated down years? I suppose Berkshire Hathaway is big enough that if it came down to it, it could liquidate equity ($500B minus devaluation due to whatever catastrophe) to make good on claims.
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I found a story about it, if anyone is curious https://www.upi.com/Archives/1993/04/18/Chicago-Bulls-Millio...
> Calhoun said he would not be quitting his job as a sales associate at the Reliable Office Superstore in Bloomington Anyone that thought he could quit his job needs some math lessons and financial education. $1M isn't enough to retire if you're under 30, especially when taxes come out.
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I found a story about it, if anyone is curious https://www.upi.com/Archives/1993/04/18/Chicago-Bulls-Millio...
It is interesting. It took me a while to find an article that described his "near disqualification" [1]. Am I imagining things, or is it like all the top results, even for an event so long ago, are tilted towards "of course he'll get the money, who said otherwise?" But clearly it was said. Maybe it was a risky play by the prize company to rope in the team & some partners into chipping in to pay for the loss, which mi…