INTERESTING HYPOTHETICAL SUMMARY 
Thursday, September 2, 2010, 10:00 AM - Stories
I'd like to make you a business offer. Seriously, this is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment.

Here's the deal. You're going to start a business or expand the one you've got now. It doesn't really matter what you do or what you're going to do. I'll partner with you no matter what business you're in – as long as it's legal.

But I can't give you any capital – you have to come up with that on your own. I won't give you any labor – that's definitely up to you. What I will do, however, is demand you follow all sorts of rules about what products and services you can offer, how much (and how often) you pay your employees and where and when you're allowed to operate your business. That's my role in the affair: to tell you what to do. Now in return for my rules, I'm going to take roughly half of whatever you make in the business each year. Half seems fair, doesn't it? I think so. Of course, that's half of your profits.

You're also going to have to pay me about 12% of whatever you decide to pay your employees because you've got to cover my expenses for promulgating all of the rules about who you can employ, when, where, and how. Come on, you're my partner. It's only "fair." Now… after you've put your hard-earned savings at risk to start this business and after you've worked hard at it for a few decades (paying me my 50% or a bit more along the way each year), you might decide you'd like to cash out – to finally live the good life. Whether or not this is "fair" – some people never can afford to retire – is a different argument. As your partner, I'm happy for you to sell whenever you'd like… because our agreement says, if you sell, you have to pay me an additional 20% of whatever the capitalized value of the business is at that time.

I know… I know… you put up all the original capital. You took all the risks. You put in all of the labor. That's all true. But I've done my part, too. I've collected 50% of the profits each year. And I've always come up with more rules for you to follow each year. Therefore, I deserve another, final 20% slice of the business.

Oh… and one more thing… Even after you've sold the business and paid all of my fees… I'd recommend buying lots of life insurance. You see, even after you've been retired for years, when you die, you'll have to pay me 50% of whatever your estate is worth. After all, I've got lots of partners and not all of them are as successful as you and your family. We don't think it's "fair" for your kids to have such a big advantage. But if you buy enough life insurance, you can finance this expense for your children.

All in all, if you're a very successful entrepreneur… if you're one of the rare, lucky, and hard-working people who can create a new company, employ lots of people, and satisfy the public… you'll end up paying me more than 75% of your income over your life. Thanks so much.

I'm sure you'll think my offer is reasonable and happily partner with me… but it doesn't really matter how you feel about it because if you ever try to stiff me – or cheat me on any of my fees or rules – I'll break down your door in the middle of the night, threaten you and your family with heavy, automatic weapons and throw you in jail.

That's how civil society is supposed to work, right? This is America, isn't it? That's the offer America gives its entrepreneurs. And the idiots in Washington wonder why there are no new jobs…


No cheap thrill 
Wednesday, September 1, 2010, 01:57 PM
Mucho Homeworko last night....

ISU game tomorrow.

Austin game tomorrow.

Seneca Wallace is looking very good for the Browns this year!

The NFL experience is no cheap thrill The results explain how it is that these players can command million-dollar contracts. No kidding...this is why I don't spent that much and/or purchase season tickets anymore...it's ridiculous.....They are people that can play football better than me. OK

Again steak tonight.....

Boy do I talk too much sometimes.....oops

Deep Thought of the Day:
There used to be a house on our block that we thought was haunted, because you'd hear people screaming inside and because people who went in never came out. Later on we found out it was just a murderer's house.



Secret to Long life 
Tuesday, August 31, 2010, 09:55 AM
Got the Kamikaze chopper started last night...after 3 batteries, a couple other things. Started right up. Will probably get rid of it on Craigslist, or at least try It hasn't worked very well for anything else. Austin doesn't seem to have much faith in my abilities, he was shocked.

FB starts Thursday and Austin has a game too......trying to decide....?? start tailgating at 10am....awwwww....what happens happens.....

People are strange and costly.

Making generalizations, of course we all see that. I’ve strived for a long time not to make generalizations. That is why I can be friendly with all different types of people. Maybe someday it will get me killed. Hate talking to people that make assumptions and generalizations...more and more everyday. Get the facts!! You don't look very smart to me....

Blaise and I thought Despicable Me was awesome! Especially the Minions.....

Secret to long life....I may live forever...love Ernest Borgnine


Saturday night we did the Lacona Celebration, a couple good bands, even enjoyed the jazz band. Names all slip my mind, Blaise fell asleep during the last band and just sleep through it. Austin was running around somewhere….

Sunday afternoon we went to the rodeo for a little while and my neighbors tried to convince me to saddle bronc riding, time to beat was 5.1. They said they weren't that wild...... It took me about 20 seconds to come to my senses. I haven't done that or bull riding for 19 years and do not plan on doing it again. My body doesn't bounce back fast enough....plus I tear it up enough....without having help!

Damn interesting weekend.....Police, Bike, Football, Baseball, Basketball, Movie, Evilness, Motorcycle, Car, 4 Wheeler, Bees, Rodeo, Laptops, New Farm, New House, Planning....seemed like we were busy...........
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Johnny Orr to be honored at Hilton 
Friday, August 27, 2010, 09:52 AM
Hospitals wouldn't be so bad if they had a bar. Hey, where's the damn hospital bar.

Johnny Orr to be honored at Hilton....It's about freakin time!!!

One of the most popular and successful coaches in Iowa State Athletics history will be permanently honored beginning this winter when “Johnny’s” — a large sports bar-themed gathering area for donors — will open its doors at Hilton Coliseum. Read more here....and with Hoiberg there now, it can only get better!

Ankeny walked over Indianola last night. Austin was marginal at best. He threw no interceptions, so that is good. He seems extremely timid, that's where he is psychologically. If he could get his mind into it, he could easily be twice the athlete as he is now. I know for me it didn't hit me till I was a junior in school, then the light came on.......All these kids develop at different times, you can see it in most of them(where they are)...

Talk about alot of rides this weekend....
MS Ride
Mustache ride
Skunk ride
RAGBRAI reunion ride
Mark Ggurich ride

Stopped and talked to Cindi last night for a while, shes working too hard. On a positive note: I got another hand covered face shot for the blog.

Also stopped and talked to Nicole #1 and her new baby Tatum(10 months). Tatum is beautiful, made me miss my kids at that age. She was just adorable. Nice work Nicole!

Weekend...I don't have a clue.......easier that way! ...and less stressful!

Not the same here without Michelle.

Heather is running is some race in KC, she says it for a good cause. Yeah, like drinking heavily. Kidding

Funny.......It happens


Have a great weekend!!


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Loved being yelled at 
Thursday, August 26, 2010, 09:53 AM
Just love it when I get called, just so I can get yelled out. Does it really make people feel better?
Let’s see last night the ex called me to verify that her son decided not to eat anything the previous night and then continued on telling me he will never be staying with me again. Amazing how she can be played by her kids and not capable of being rational. Makes her look like an idiot. Something similar to this happened during RAGBARI. You would think these people would analyze what has happened and maybe try to actually understand what is going on vs. being too simple minded or naive. It’s kinda like people voting for Obama without making an educated vote.

Honestly can't remember yelling at anybody, except my kids(which I shouldn't do very often...or maybe at all)...even the ex.

Steak night was a blast, great group of people down in Cumming. Several I didn’t even see on RAGBRAI. Shawna and Mike were there, had a great conversation with them. Funny the stuff they were telling me. They were just verifying rumors they heard about me from one person(refer back to the paragraph before). Amazing….. Mike’s looking very weak. The girls were very loud after having twilight's…..and then singing Disney show tunes on the ride back. It was OK for like 3 minutes….

We're tentatively planning on the house in Aruba for a week. Also looks like Vegas in October.

Jenny B showed up and got her new copper cup...after Plummer broke it in for her.

D Dieke was there too, out of the blue...Guess it's on his way home from MO to Indianola.

Austin has a game this afternoon, we'll actually see what kind of stuff they are made out of. Ankeny should be more competitive then Hoover was.

Austin was 1 minute late for school yesterday(because of me) and received a detention.

15 good reasons I hate sleeping in hotel beds...The 15 Most Bedbug-Infested Cities in the US

Got to love this....


Boombay Bicycle Club opens tomorrow.....formally "The Union"(didn't last very long), Drink, & way back...Sneakers......


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