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Retired Engineer Bob

(759 posts)
Thu May 6, 2021, 12:24 AM May 2021

I am a capitalist [View all]

After such a provocative statement further explanation is needed of course.

Where to begin........

Mom was a stay at home person. She has convinced me that this was her choice, although I have lingering doubts. Our regional school district had no pre-school when I was a pup, nor kindergarten. School started at grade 1.

I did watch Sesame Street, and Mr. Roger’s Neighborhood pre-school at home. Mother made a point to read to me early. I was encouraged to learn early on.

Reading, reading, reading. I loved reading, evolved from Hardy Boys to Jaws by the 4th grade. Science fiction became a big thing for me. I recall being excited getting a library card for Milwaukee system, the world opened up.

Per testing, the school suggested I move up one or two grades. Mother refused, thought emotional development is as important as scholastic, and held me back.

I guess I had a penchant for math and science. High school testing suggested I persue (sp?) engineering. Graduated from the University of Wisconsin, Milwaukee in ‘89.

The first job was for a consulting engineering firm, $22k/yr. After almost 10 years, my boss told me they were fed up with the current company which had been bought and sold several times. The top four folks from the local office were going to start a new company. I was invited to join, and I could invest in shares.

I did. Borrowed $25k (at 9% interest) from my folks. Shares were $125/per. Paid folks back. Part of my retirement is being forced to sell share back. Current value is $2,550/share. I can retire at 56.

My company did water and wastewater treatment. We had to compete against other firms to get our work. Contractors had to competitively bid our projects. Everything was open to public inspection. We won more often than not and we’re successful. Access to clean water has saved more lives than any other medical advance. Our work prevents cholera, typhoid, dysentary among others.

I refuse to feel guilty.

I am a Democratic Party supporter. My first presidential vote was for Dukakis.

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I am a capitalist [View all] Retired Engineer Bob May 2021 OP
Nothing wrong with making money through honest work, treating people fairly, etc. Hoyt May 2021 #1
Thank you Hoyt Retired Engineer Bob May 2021 #4
A lot of people here on DU completely blur the distinction between corporatism... Silent3 May 2021 #2
Capitalism works for owners ... workers, not so much pbmus May 2021 #3
It's not that simple Retired Engineer Bob May 2021 #5
I have not accused you of anything other than having a ... pbmus May 2021 #7
Good greetings Serendipitous Retired Engineer Bob May 2021 #12
Serendipitous...is an pbmus May 2021 #13
Bolded no. #3 Retired Engineer Bob May 2021 #15
This message was self-deleted by its author Celerity May 2021 #16
Well, no system seems to work better. GulfCoast66 May 2021 #6
It's better, when better means owner/CEOS cannot make 450times a worker salary. pbmus May 2021 #8
The president of my company Retired Engineer Bob May 2021 #9
I like that Elizabeth Warren said she was capitalist to her bones. betsuni May 2021 #10
Capitalism is atrocious unless highly regulated. -misanthroptimist May 2021 #11
Without government regulations Retired Engineer Bob May 2021 #14
I was a little concerned my post might offend you. -misanthroptimist May 2021 #17
No problem Retired Engineer Bob May 2021 #18
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