Archive for ‘Money’

February 25, 2023

Pseudolaw

Sovereign citizen

Freeman on the land

Pseudolaw consists of statements, beliefs, or practices that are claimed to be based on accepted law or legal doctrine, but which deviate significantly from most conventional understandings of law and jurisprudence, or which originate from non-existent statutes or legal principles the advocate or adherent incorrectly believes exist.

Canadian legal scholar Donald J. Netolitzky defined pseudolaw as ‘a collection of legal-sounding but false rules that purport to be law,’ a definition that distinguishes pseudolaw from arguments that fail to conform to existing laws such as novel arguments or an ignorance of precedent in case law.

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February 16, 2023

Hundred Dollar Hamburger

Hundred Dollar Hamburger by Michael Garber

$100 hamburger is aviation slang for the excuse a general aviation pilot might use to fly. A $100 hamburger trip typically involves flying a short distance (less than two hours), eating at an airport restaurant, and then flying home. In Perth, Western Australia, a similar mentality resulted in the ‘Rotto Bun Run’. A group of pilots who had run out of hot cross buns on Good Friday decided to fly to the closest open bakery on Rottnest Island. The run is now an annual charity event.

$100′ originally referred to the approximate cost of renting or operating a light general aviation aircraft, such as a Cessna 172, for the time it took to fly round-trip to a nearby airport. However, increasing fuel prices have since caused an increase in hourly operating costs for most airplanes, and a Cessna 172 now costs US$95–$180 per Hobbs hour to rent, including fuel.

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September 29, 2022

Pepsi Number Fever

Pepsi Number Fever

Pepsi Number Fever, also known as the 349 incident, was a promotion held by PepsiCo in the Philippines in 1992, which led to riots and the deaths of at least five people.

In February 1992, Pepsi Philippines (PCPPI) announced that they would print numbers, ranging from 001 to 999, inside the caps (crowns) of Pepsi, 7-Up, Mountain Dew, and Mirinda bottles. Certain numbers could be redeemed for prizes, which ranged from 100 pesos (about US$4) to 1 million pesos for a grand prize (roughly US$40,000 in 1992), equivalent to 611 times the average monthly salary in the Philippines at the time. Pepsi allocated a total of US$2 million for prizes. Marketing specialist Pedro Vergara based Pepsi Number Fever on similar, moderately successful promotions that had been held previously in Vergara’s geographic area of expertise, Latin America.

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July 28, 2022

Trek

Head badge

Trek Bicycle Corporation is a bicycle and cycling product manufacturer and distributor under brand names Trek, Electra Bicycle Company, Bontrager, and Diamant Bikes. The company has previously manufactured bikes under the Gary Fisher, LeMond Racing Cycles, Klein, and Villiger Bikes brand names.

With its headquarters in Waterloo, Wisconsin, Trek bicycles are marketed through 1,700 independently owned bicycle shops across North America, subsidiaries in Europe, Asia, South Africa, as well as distributors in 90 countries worldwide. Most Trek bicycles are manufactured outside the U.S. in countries including the Netherlands, Germany, Taiwan, and China.

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July 18, 2022

Shit Life Syndrome

Diseases of despair

Hillbilly Elegy

Shit life syndrome (SLS) is a phrase used by physicians to describe the effect that a variety of poverty or abuse-induced disorders can have on patients.

Journalist Sarah O’Connor’s 2018 article for the ‘Financial Times’ ‘Left behind: can anyone save the towns the economy forgot?’ on shit life syndrome in the English coastal town of Blackpool won the 2018 Orwell Prize for Exposing Britain’s Social Evils. O’Connor wrote: ‘Blackpool exports healthy skilled people and imports the unskilled, the unemployed, and the unwell. As people overlooked by the modern economy wash up in a place that has also been left behind, the result is a quietly unfolding health crisis.”

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June 21, 2022

Bodega Cat

Bodega

A bodega [boh-dey-guh] cat is a type of working cat that inhabits a bodega, which in New York City English refers to a convenience store or deli. Much like farm cats, library cats, and ship cats, a bodega cat is typically a mixed breed cat kept as a form of biological pest control to manage or prevent rodent infestations.

A bodega cat may be a domesticated cat that is kept by the bodega owner, or a semi-feral cat that the bodega owner attracts to the store through regular feeding. Public health departments typically prohibit bodega cats under food codes that ban live animals from establishments where consumable goods are sold.

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June 15, 2022

Three Wolf Moon

Three Wolf Moon

Three Wolf Moon is a T-shirt designed by artist Antonia Neshev featuring three wolves howling at the Moon. It gained popularity after attracting sarcastic reviews on Amazon.com attributing great power to it, such as making the wearer irresistible to women, striking fear into other males, and having magical healing abilities.

German scholar Melvin Haack considers it to be a notable example of a redneck joke. The reviews have been included in studies of such online sarcasm. The shirt has also been been described as parodic of the alpha male archetype.

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June 12, 2022

Bored Ape

bored ape

Bored Ape Yacht Club (BAYC) is a non-fungible token (NFT) collection built on the Ethereum blockchain. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm.

The parent company of Bored Ape Yacht Club is Yuga Labs. The project launched in April 2021. Owners of a Bored Ape NFT are granted access to a private online club, exclusive in-person events, and intellectual property rights for the image.

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May 28, 2022

Zima

Malt drink

Zima Clearmalt was a clear, lightly carbonated alcoholic beverage made and distributed by the Coors Brewing Company. Introduced in 1993, it was marketed as an alternative to beer, an example of what is now often referred to as a cooler, with 4.7–5.4% alcohol by volume. Its production in the U.S. ceased in 2008, but it was still marketed in Japan until 2021. MillerCoors promoted a limited release of Zima in the summers of 2017 and 2018.

Zima means ‘winter’ in Slavic languages. It was launched nationally in the United States as Zima Clearmalt in 1993 after being test-marketed two years earlier in the cities of Nashville, Sacramento, and Syracuse. The lemon-lime drink was part of the ‘clear craze’ of the 1990s that produced products such as Crystal Pepsi and Tab Clear. Early advertisements for Zima described it as a ‘truly unique alcohol beverage’ and used the tagline ‘Zomething different.’

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May 3, 2022

Preparedness Paradox

y2k

The preparedness paradox is the proposition that if a society or individual acts effectively to mitigate a potential disaster such as a pandemic or other catastrophe so that it causes less harm, the avoided danger will be perceived as having been much less serious because of the limited damage actually caused.

The paradox is the incorrect perception that there had been no need for careful preparation as there was little harm, although in reality the limitation of the harm was due to preparation. Several cognitive biases can consequently hamper proper preparation for future risks.

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May 2, 2022

Accidental Discovery

Author and researcher Royston Roberts has said that various discoveries required a degree of genius, but also some lucky element for that genius to act on.  Author Richard Gaughan wrote that accidental discoveries result from the convergence of preparation, opportunity, and desire.

Major everyday discoveries that were helped by luck in some way include products like vulcanized rubber, teflon, nylon, penicillin, cyanoacrylate (Super Glue), the implantable pacemaker, the microwave oven, Scotchgard, Saran wrap, Silly Putty, Slinky, safety glass, the propeller, artificial snowmaking, stainless steel, Perkin’s mauve (one of the first synthetic dyes), and popsicles. Most artificial sweeteners have been discovered when accidentally tasted, including aspartame and saccharin.

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April 27, 2022

Edge Sorting

Edge sorting

Edge sorting is a technique used in advantage gambling where a player determines whether a face-down playing card is likely to be low or high at casino table games by observing, learning, and exploiting subtle unintentional differences on the backs of the cards being dealt.

Applied by poker player Phil Ivey and subsequently challenged in court by the casino in which he did so, the UK High Court, Court of Appeal and Supreme Court ruled that the technique, which requires the player to trick the dealer into rotating specific, high-value cards, is cheating in civil law, and that a casino was justified in refusing payment of winnings. This ruling would not be applicable if the player simply took advantage of an observed error or anomaly in the deck for which he was not responsible.

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