Tag: Olivetti

Hertfordshire’s Finest is a Dog!

Again and again our dogs demonstrate their incredible characters!

I’m a very ‘ex’ typewriter salesman, in that for the period of 1970 to 1978 I was a salesman for IBM Office Products in the UK.

I have had two great friends for many, many years. Dan, whom I met in Boston, Mass., in 1980 at a Commodore PET Computer event, and Richard, whom I met in England a couple of years previously. Richard used to work as a salesman for Olivetti Typewriters more or less the same time that I was selling for IBM.

I speak to Dan and Richard several times each week.

A few days ago, Richard’s lovely partner, Julie, sent me an email with a link to a recent item carried by the BBC.

As follows:

It didn’t take me long to find another video. This time broadcast by Channel 5 News that had apparently led with the story. (NB: when I reviewed today’s post a little after 6am local time that FB page seemed to be missing.)

Brave, brave Finn!

When I spoke with Julie she added that earlier on in her lifetime she had been a police officer at that Hertfordshire Station.

How we love.

Reflections!

This the fourth day since my mother died.

They have been days of a great jumble of emotions.

But the over-riding emotion has been one of feeling very loved and cared for. Not only by Jeannie, of course, and by my son, Alex, and daughter, Maija, but also by so many of you from my Learning from Dogs ‘family’.

A dear friend, Richard, living in England was incredibly supportive. Richard and I go back nearly 40 years to when we first met. We were both selling Commodore computers for our respective companies back in the early 1980’s. (Richard used to be a typewriter salesman for Olivetti UK and I was an ex-IBM Office Products salesman.)

Anyway, Richard pointed me to this beautiful song by Beth Nielsen-Chapman How We Love.

It sums up perfectly what all your ‘Likes’ and responses to my post The End Of An Era meant to me.

Love you all! I will return to daily posts from this Saturday.

I will not forget your kindness when I needed it so much.

Remember the days of steam typewriters?

Probably need to be the wrong side of 50 to enjoy this.

If you don’t understand the post title, here’s a picture of an old manual typewriter.

Ah, those were the old days!
Ah, those were the old days!

oooo

Now to the video, kindly sent to me by Neil Kelly.

Note: don’t look away as the video runs for just five seconds!

Back to work after a break of thirty years!

Understanding Europe!

A delightful tale sent to me by Richard Maugham.

Richard and I go back too many years!  He has been a dear friend despite the obvious hurdle that when we first met, he declared that he was a typewriter salesman for Olivetti in the UK with me admitting that I was a typewriter salesman for IBM UK!  Here’s the story.

oooOOOooo

WHAT WENT WRONG IN EUROPE – SIMPLY EXPLAINED!

Not Helga’s Bar!!

Helga is the proprietor of a bar. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar. To solve this problem she comes up with a new marketing plan that allows her customers to drink now, but pay later.

Helga keeps track of the drinks consumed on a ledger (thereby granting the customers’ loans).

Word gets around about Helga’s “drink now, pay later” marketing strategy and, as a result, increasing numbers of customers flood into Helga’s bar. Soon she has the largest sales volume for any bar in town.

By providing her customers freedom from immediate payment demands, Helga gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer – the most consumed beverages.

Consequently, Helga’s gross sales volumes and paper profits increase massively. A young and dynamic vice-president at the local bank recognises that these customer debts constitute valuable future assets and increases Helga’s borrowing limit. He sees no reason for any undue concern, since he has the debts of the unemployed alcoholics as collateral.

He is rewarded with a six figure bonus.

At the bank’s corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into DRINKBONDS. These “securities” are then bundled and traded on international securities markets.

Naive investors don’t really understand that the securities being sold to them as “AA Secured Bonds” are really debts of unemployed alcoholics. Nevertheless, the bond prices continue to climb and the securities soon become the hottest-selling items for some of the nation’s leading brokerage houses.

The traders all receive six figure bonuses.

One day, even though the bond prices are still climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Helga’s bar. He so informs Helga. Helga then demands payment from her alcoholic patrons but, being unemployed alcoholics, they cannot pay back their drinking debts. Since Helga cannot fulfil her loan obligations she is forced into bankruptcy. The bar closes and Helga’s 11 employees lose their jobs.

Overnight, DRINKBOND prices drop by 90%. The collapsed bond asset value destroys the bank’s liquidity and prevents it from issuing new loans, thus freezing credit and economic activity in the community.

The suppliers of Helga’s bar had granted her generous payment extensions and had invested their firms’ pension funds in the BOND securities. They find they are now faced with having to write off her bad debt and with losing over 90% of the presumed value of the bonds. Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations; her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers.

Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multibillion dollar no-strings attached cash infusion from the government.

They all receive a six figure bonus.

The funds required for this bailout are obtained by new taxes levied on employed, middle-class, non-drinkers who’ve never been in Helga’s bar……………………….!

oooOOOooo

I can add not a single word to this!