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 Thursday, April 29, 2004
Letters

Karen and I are back in California to do some more work on the house. Not sure how long we'll be here. Basically we work until it's done and then we go home. I'm guessing about two weeks.

I brought the PowerBook, so I'm not out of touch. But a lot of time is going into the house, and most of what is left over is for local visits and a couple of other jobs which will actually pay me a little money. My rate of blog-reading has plummeted. RMO has been dropped entirely for now, as has C-Span (no TV here).

I don't know that I'll be writing much for Benzene, but I can at least maintain a decent turnaround with the letters.

Steven Hutton (April 29)

[answering me:]

Seems like a lot of these market perversions are due to creative HR departments. Frequent flyer miles is a modern example.

I don't think HR departments viewed frequent flyer miles as a clever way to deliver tax-free compensation. The deal offered by the airlines was corrupt (divert your company's spending from another airline to us enough times and we'll give you a trip to Hawaii), but banning employees from collecting FFMs was so unpopular that companies accepted them and adopted procedures to limit the abuse (such as making you book your ticket through a company-approved travel agent that has an incentive to get you the lowest-priced ticket). If it were a legitimate deal, the airlines would have given the FFMs to the buyer (the company) rather than the buyer's agent (the employee), but they all refused to do this.

These days, FFMs are much more complicated since you can get them in a lot of ways that involve spending your own money. Often, you are effectively getting a refund of part of the commission that credit card companies charge the merchants who you buy things from. A credit card that gives you the refund in a more direct form is probably a better deal, though.

[I'm tempted to consider frequent flyer miles as a sort of alternate currency, but I guess that's not really the case if you can't transfer them to someone else. I have a similar temptation with the various Internet moneys, like PayPal, etc., but as far as I know those are all pegged to the dollar.]

Did you see the incredibly stupid commercial with the guy who talks about how his friend owed $100,000 to the IRS and made his payment with a particular credit card and as a result got a free business class trip to Australia? Sure, there was a convenience charge (text on screen says that it's something like 3 or 4 percent, which would be $3,000 or $4,000), but business class to Australia! Every time the commercial came on the TV, I just marvelled at it.

Someone pointed out that we weren't properly adjourned, so that was hurriedly moved, seconded and passed as the crowd dispersed.

I was going to point out that motions to adjourn don't need a seconder, but then I checked Roberts Rules sites on the web and apparently they do. I know I've been told they don't, and I assumed that the pedants in question were at least well-informed pedants. Another illusion shattered.

[I wouldn't know. I think some people automatically second anything that is moved, without worrying about whether it's strictly necessary.]

8:48:57 PM  [permalink]  comment []