On Yoyodyne.....
ish mailian
ishmailian at gmail.com
Sun May 8 15:13:33 CDT 2016
from
The German V-2
Walter R. Dornberger
Technology and Culture, Vol. 4, No. 4, The History of Rocket
Technology (Autumn, 1963), pp. 393-409
Besides struggling with the technical complexity of this weapon, we
therefore, until 1943, had also to struggle against this dream of the
Fuehrer. Not until July 1943, when we finally convinced him with
facts, did he see any usefulness in our rockets, and then not as a
weapon but as a war-preventive means. "Why didn't I believe in the
success of your work? " Hitler asked me. "If we had had this weapon in
1939, we never would have had this war. Now and in the future, Europe
and the world are too small for a war. With such weapons available war
will become unbearable for the human race." Some hours later, he told
me, "I have to apologize only to two people in my life. One is Field
Marshal von Brauchitsch. I did not listen to him when he pointed out
over and over again the importance of your development. And the second
is you. I did not believe in any success for your work."
On Sun, May 8, 2016 at 12:08 PM, ish mailian <ishmailian at gmail.com> wrote:
> The late capitalist billionaire club that dreams of colonies in space
> or anyplace but our beautiful and fragile home do remind us of
> contrast Walter Dornberger describes of the war period and the postwar
> period, how WD & Co. were bound by treaty and secrecy and limited by
> funding and yet managed a 10 year leap ahead of the rest, though, as
> the discussion of GR here now, of funding and secrecy, of the
> corruption of dreams, of pure invention and pure science or math or
> Pavlov... the naïve and innocent rocket boys who have little contact
> with Hitler, who, as Dornberger reminds us, and this a significant
> idea to consider here and now in our current discussion too, that
> Hitler's act of naming the V-2 was conditioned by his knowledge of it,
> a knowledge he gained not by visiting the rocket proving grounds but
> by watching them on a movie screen
>
> On Wed, May 4, 2016 at 10:32 AM, Charles Albert <cfalbert at gmail.com> wrote:
>> The most interesting story in the history of capital allocation was the
>> rapid growth and then steady shrinking of Teledyne, a conglomerate formed by
>> Henry Singleton in 1960. Teledyne spent the 60’s growing through
>> acquisitions—130 companies in total, bought for twelve times earnings or
>> less—funded in large part by the issuance of new shares of Teledyne stock
>> and debt. One of its last acquisitions in this period was Ryan Aeronautical
>> in 1969—to which we will return. During this acquisitive phase, between 1961
>> and 1971, sales and earnings grew 244x and 556x alongside large growth in
>> shares outstanding and debt[i]. Earnings were sometimes volatile, but
>> Singleton didn’t care: he focused on cash flow.
>>
>> http://awealthofcommonsense.com/2016/05/death-by-a-thousand-cuts/
>>
>> love,
>> cfa
>>
>>
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