11/15/18

Corporate Welfare – Incentives

Corporate welfare, Big Red Car? Huh?

Big Red Car here on a sunny, cold Texas day. Ahhh, winter is here at 41F at dawn, but 65F now. Winter is hard in the ATX, y’all.

So, the Interwebs are all aghast at the gargantuan incentives provided to Amazon (richest guy in the world, Jeff Bezos, at your service) by New York and Virginia to get half of the new HQ2.

The gainsayers and the naysayers are in full throated-uproar, but nobody is really keeping score on these things, are they?

Let’s go back and explore a recent deal — the Tesla SolarCity Buffalo, New York incentivized transaction.

Image result for images elon musk

Oh, my, what have I done now? Solar City? Rooftop solar panels? Was that me?

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10/25/18

Bombmakers and Baloney Bombs

Having been a combat engineer and dealing with explosives of all types, the making of improvised explosive devices is something with which I have some familiarity.

We used to receive training and give training on the use of conventional explosives — to blow up bridges, fortifications, airfields, buildings as part of the mission to aid the mobility of the friendlies and to impede the mobility of the enemy. Typical combat engineer stuff.

We also used to receive and give training on the construction of “improvised” explosive devices.

We used to learn all about the explosive chain :

 1. The charge (the explosive);

 2. The initiator (the fuse or blasting cap);

 3. The activator (what activates the initiator);

 4. The power source (what activates the activator); and,

 5. The container (what contains the finished assembly)

In addition, you may add something to the device, such as nails or bolts, to injure the victims.

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10/17/18

Hill Country Texas Flooding

Big Red Car here with a wet top, but feeling sympathy for the Hill Country.

Image result for llano bridge flooding images

The Colorado River Bridge between downtown and Coopers BBQ yesterday. Water still rising.

Same bridge during normal flows.

Image result for llano bridge flooding images

Stop praying for rain, y’all.

Updated photo 10-18-2018.

Image may contain: cloud, sky, ocean, outdoor, water and nature

But, hey, what the Hell do I really know anyway? I’m just a Big Red Car. Stop raining.

 

10/15/18

Voting Trusts

Big Red Car here on a rainy Monday in the ATX. [Whoever has been praying for rain locally – you can stop now.]

So, a founder calls me and says, “I read where you recommend a voting trust for a startup. Do tell?”

A voting trust is a good idea right from the founding of a company. It is something which should be in your founding documents:

 1. Articles of Incorporation;

 2. Corporate Bylaws;

 3. Option Plan;

 4. Founding Shareholders Agreement;

 5. Voting Trust; and,

 6. Employment Agreements.

[You do have the Big Six, right? Haha, half of y’all couldn’t find these docs even if you made them. Sorry, that was mean.]

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09/22/18

Emotion, Senses in Writing

So, the Big Red Car is a writer, published no less. As a writer, I attend writers’ groups in which you read others work, besmirch them with red ink, write indecipherable comments, drink extra large lattes, and your work gets read and savaged.

Haha, it doesn’t get savaged. Sometimes, it just sucks. Sorry.

But, sometimes, some little piece will be written with some standards or you do a little exercise.

Image result for image feedlot

Feedlots, wherein cows are fattened for market, are a nasty piece of business. Do not hang out down wind from a feedlot. When I think of Lubbock, I think of feedlots and a westerly wind. Ugh! The Feed Lot is a story of war, lost youth, the stench of Vietnam, a feedlot, and Lubbock.

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09/14/18

UBER

Big Red Car here – I don’t qualify for Uber because I’m too damn cute. Sorry, Uber. Doesn’t mean I can’t love Uber from afar. [Been cheating on my Uber-affaire with Lyft. Don’t tell anybody.]

The Bevo loves Uber and the Big Red Car. Big Red Car poses for a selfie with the Bevo on the occasion of beating the crap out of Tulsa. OK, squeaking past Tulsa, thanks, place kicker.

So, what’s going on over at Uber?

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09/6/18

RH – Restoration Hardware, Swimming Upstream

I am always interested in turnaround stories and in companies who are swimming upstream. Such a company is Restoration Hardware.

Restoration Hardware has been public since November 2012 and had been owned by PE firms in the past. I love them for their enormous couches because I am an enormous Chevy Impala and like to lounge on a big couch.

This is a damn big couch. You can get any of their leather couches in a 10 foot length.

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09/5/18

Nike – Social Justice Warriors

So, I have long given up on the National Football League and, of course, it’s college football season, so who needs them?

Turns out Nike does and made the fallen angel Colin Kaepernick the centerpiece of their 30th anniversary “Just do it!” advertising campaign.

Image result for nike logo images

Doesn’t impact me – well, other than I am not buying any Nike stuff, but I’m a long time vintage Adidas guy anyway.

So, I got interested in what other social justice things Mighty Nike was involved in and, WOW, did I find out some troubling stuff.

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