Hertz car rental bankruptcy. How can a company with “only” $9 billion in annual revenue even think it will ever be able to pay off ~$17 billion in debt? Their debt load is almost twice as much as their annual revenue. Either way, even before the virus situation, the expected average annual earnings (profit) of […]
Miscellaneous
quote from randy peprock re pandemic re-opening
“Reopening everything and pretending like the pandemic is all over is like when you’re watching a Friday the 13th movie and you think it’s safe for the campers to come out of hiding after Jason is “killed”, and then he jumps back out of the lake with a butcher knife. Stay safe. We’re not out […]
Vigilante murder in Georgia
Vigilante/cold blooded murderer/redneck: (paraphrasing) “well, I thought he had a gun, he reached into his pants”. The young man in question, was out jogging, and had shorts on. Here are my thoughts: When I wear shorts to go to the store, i usually carry my cell phone and my wallet in my short’s pockets, having […]
Pandemic – reopening – rude people
What is the world (i.e., these United States) coming to? A small business owner runs an ice cream parlor, and re-opens his business with social distancing rules for ordering, etc., and within the first day (or evening), people coming into the place are so rude to his staff that he has to then close it […]
Trump – fake news
Here’s a great quote. It’s from an article at Bloomberg.com regarding the financial state of the parent publishing company of the National Enquirer (they apparently have a negative net worth – their debt/liabilities exceeding their assets). “…Trump said last month that the National Enquirer produced ‘far more accurate’ news stories than the Bezos-owned Washington Post.” […]
