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Ross Perot Has Died

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141–150 of 222 posts

Re: Ross Perot Has Died

#141

None of what I've read today on his passing have mentioned this interesting story of the rescue of his employees from Iran during the revolution: https://en.wikipedia.org/wiki/On_Wings_of_Eagles A mini-series was produced about it starring Burt Lancaster

The obituary in the Seattle Times does:

https://www.seattletimes.com/nation-world/nation/texas-billi...

Re: Ross Perot Has Died

#142
My dad was a programmer at EDS for a short time before the Iran incident. Dad has a great deal of respect for Perot- Perot was quite the role model and practiced what he preached. He was also very approachable. Dad looks kindly on the times he had short but friendly interactions with Perot on the elevator or wherever around EDS. Dad was slated to join the Iran contract, but he decided being a programmer was not for him(he HATED punchcards). Talking with Dad today, one thing that isn't remembered as well is Perot's support of veterans during the Vietnam War, which was not in vogue then.

Re: Ross Perot Has Died

#143
post #42

Earlier quoted context omitted.

He talked about a conspiracy by the Republicans to ruin his daughters wedding. I thought he was crazy at the time, but now I believe him. I remember his hour long presentations with the flip charts of how things were screwed up. Too bad he didn’t win. Instead we got the scumbag Clintons.

Bill Clinton left office with a 60+% approval rating, higher than Reagan when he left. Bill won both elections with 370+ electoral votes. I think the American people were mostly pleased.

That's cherry picking numbers somewhat.

Clinton never got a majority of the popular vote. A mere 43% in 1992 and 49.2% in 1996.

Contrast that with Obama's 52.9% in 2008 and 51.1% in 2012.

Or Reagan's 50.4% in 1980 and 58.8% smashing in 1984.

Reagan was obviously a lot more popular with the electorate than Bill Clinton and it shows in the only way that ultimately matters: votes. Approval ratings are at best bullshit, at worst they're aggressive propaganda from the corporate media machine to favor their candidates.

Re: Ross Perot Has Died

#144

None of what I've read today on his passing have mentioned this interesting story of the rescue of his employees from Iran during the revolution: https://en.wikipedia.org/wiki/On_Wings_of_Eagles A mini-series was produced about it starring Burt Lancaster

Yes, quite remarkable. Ross Perot was described as having organised "the largest jailbreak in history" for this (though I can't find the reference now), as several thousand prisoners escaped in the ensuing chaos.

Re: Ross Perot Has Died

#145
post #110

Earlier quoted context omitted.

That assumes that NeXT did not undergo any dilution post-1987. Not sure this was the case — IIRC, they had to raise several more rounds of investment.

Yes, but even so, the (fictional) RoI on the start money is a few orders of magnitude. Which is not quite ordinary.

Sure, but how much was Perot being lucky vs. him being smart? If Apple had gone with acquiring Be instead of NeXT (which I think was a distinct possibility), Perot's investment could quite possibly have ended up a write-off.

Re: Ross Perot Has Died

#146
post #110

Earlier quoted context omitted.

That assumes that NeXT did not undergo any dilution post-1987. Not sure this was the case — IIRC, they had to raise several more rounds of investment.

Yes, but even so, the (fictional) RoI on the start money is a few orders of magnitude. Which is not quite ordinary.

It's interesting how much of that happened post-acquisition, though. Holding NeXT from 1987 - 1996 = max 3x return. Holding AAPL from 1996-present = 340x return. This return was available to ordinary people on the public stock markets, too - if you were an average Joe who put $60K into Apple in 1996, you would now have Ross Perot's initial $20M investment sitting in your pocket.

Re: Ross Perot Has Died

#147
Today also former ex-president of Argentina, Fernando de la Rúa died. He was the president that was part of an opposition strike and derived into the big crisis in Argentina in 2001.

Re: Ross Perot Has Died

#148

Today also former ex-president of Argentina, Fernando de la Rúa died. He was the president that was part of an opposition strike and derived into the big crisis in Argentina in 2001.

Can you expand on this a bit? The connection to Ross Perot isn't clear to someone not well-versed in the history.

Re: Ross Perot Has Died

#149

Earlier quoted context omitted.

FPTP is one of the most efficient and fundamental enemies of democracy, plaguing the USA. Everyone agrees partisanship is bad, people looooove a “bipartisan” bill, but FPTP mathematically converges on a two party system, always. It fuels tribalism and us-vs-them mentality like nothing else and perpetuates a political aristocracy through perverse incentives and hamstrung competition. To see this in effect, consider th…

The US is not, and has never been, a democracy. The US is a republic where there is a balance between the people, states, and federal. Tribalism is the nature of humans, its how we got this far. Heck, we pack bond with non-humans and even mechanical things. Fancy voting will not change that. FPTP is here in the US to stay, because there would be chaos with the other voting systems and the accusations of rigging would…

The US is a democracy, it is not a direct democracy. No democracy that currently exists is a direct democracy. You're splitting hairs.

Also, 'Republic' is a meaningless description of a country, because it conveys no practical information about its form of government. Norway is not a republic. North Korea is a republic. Canada is not a republic. Russia is a republic.

Re: Ross Perot Has Died

#150
post #32

Earlier quoted context omitted.

I'd say he was right: "We have got to stop sending jobs overseas. It's pretty simple: If you're paying $12, $13, $14 an hour for factory workers and you can move your factory South of the border, pay a dollar an hour for labor, ... have no health care—that's the most expensive single element in making a car— have no environmental controls, no pollution controls and no retirement, and you don't care about anything but…

If you can build a car for cheaper elsewhere, why wouldn't you? If your goal is to keep people gainfully employed, well how about working on improving their skills so that a laborer in a developing country isn't more productive than they are?

Ah, you confused productive with cheap.
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