by Structured Settlement Watchdog®
In " Sailing Away With Structured Settlements", Einstein Structured Settlements demonstrates that they bear more resemblance to the fictional Dr. Emmett Brown's fictional sheepdog from 1985's Back to The Future than the famous real-life scientist.
"Einie"
A. Their attempt to gain credibility with sailors in Newport Beach California, "capsizes" when they say " there are rough waters and winds that make things a little choppy when at sea". Download Einstein Structured Settlements November 22, 2012 Sail Blogs
E just does not equal mc squared here. Without wind your name is "Bob". It's not a "luffing" matter.
English dramatist George Chapman (1559-1634) wrote “Give me a spirit that on this life's rough sea Loves to have his sails filled with a lusty wind, Even till his sail-yards tremble, his masts crack, And his rapt ship run on her side so low That she drinks water, and her keel ploughs air” Tragedy of Charles, Duke of Byron. Act iii. Scene 1 (1608)
In Wikipedia it is noted that a sailor manages the force of the wind on the sails in order to move the vessel relative to its surrounding medium (typically water, but also land and ice (think Titanic) and change its direction and speed. Mastery of the skill requires experience in varying wind and sea conditions, as well as knowledge concerning sailboats themselves and an understanding of one's surroundings
B. Then Einstein gets the "Oracle of Omaha" all wrong when they quote "Sometimes the high tide protects you but as famous investor Warren Buffett has said when the tide comes in you know who has been swimming naked".
In his 2001 Berkshire Hathaway Chairman's letter, Warren Buffett actually declared "You can only find out who is swimming naked when the tide goes out." (emphasis added).
C. Then they say "So the question that begs is what to do when times get tough and the sailboat is being dragged down? Thats the million dollar question. Don't be afraid to ask for help and sell off assets when need be. It's important to think about yourself."
Does the question beg? Or does something "beg the question" ?
If one is to continue the nautical theme, a captain of a vessel is traditionally the last one off a sinking ship, not necessarily think about himself first. The BBC posted an informative article "Must a captain be the last one off a sinking ship?" in its January 18, 2012 commentary of the Costa Concordia crash off the Italian coast, where the captain purportedly abandoned ship before all the passengers.
Moving on to the unlikely event of "when a sailboat is being dragged down", Archimedes Principle explains the concept of buoyancy, which is that in order for an object to float, it must displace an amount of water equal to its weight. Archimedes of Syracuse is regarded as one of the leading scientists in classical antiquity and one of the greatest mathematicians of all time (like Einstein). As a sailboat's weight pushes downward and displaces water beneath it, an upward force equal to that weight holds the boat up.
To be more "spinnaker" than "spin doctor", instead of getting themselves twisted in the abundance of distracting technical flaws, why has Einstein not simply used an image or animation of a boat that has sprung a leak, that is rapidly filling with water and needs to be bailed out?
I continue to be unimpressed with lack of knowledge displayed by Einstein Structured Settlements in their publications. My opinion is based on what I have observed and subsequently recorded in this post and my November 20, 2012 post "Who is Einstein Structured Settlements?"
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