Cheesa neenja mah wongee El Barto! D'oh, d'oh, d'oh...
Actual Huttese. Look it up.
So, what does this picture have to do with todays oddity? I bet you're dying to know. Well, the truth it...it has nothing to do with todays subject.
I liked the picture and decided to use it. My post, my prerogative. I could have saved it, but no. I used it today.
Speaking of today.....
It's Made Up Monday! I give you a fact, you tell me if I made it up or not.
Today I want to tell you about a debt. It was a massive debt. A whole $15. Now, I know what you're thinking; "$15 is chump change."
And today, it is. $15 in todays money won't buy you much. Not even a movie, popcorn and drink! I think. I don't know...I don;t go to the movies, so I can't really tell you what they cost. The last time I went to a movie was....um....I think it was 1998 when they re-re-re-re-re-re-re-released Star Wars. And then, the ticket to the matinee was $7. Popcorn was, I dunno...$5? And at least $4 for a drink. So....yeah. Spendy.
But the debt of $15 I'm talking about wasn't in todays money. It was in 1840's dollars. So that makes it more like $400 in todays money. And that's serious cash! Well...if you're broke, it is. But in 1849, $15 could buy you a lot. $15 was about a weeks salary. Think of what you can buy with 1 weeks pay, and that's what $15 was.
Walter Hunt owed his friend the $15, but he didn't have the money to pay him back. So he devised a plan; He would simply brainstorm for a while and invent something that would allow him to earn the money to pay him back.
So he spent a few minutes thinking, and then took a brass wire and started bending it. He put a coil in the middle, and then fashioned a clip on one end. This clip would hole the other, straight end, in place and out of harms way.
He had invented the safety pin.
He filed the paperwork and was granted an American patent for his new pin. He then approached a manufacturing company and, instead of having them produce the pins so he could sell them, he sold them the patent for $400.
He paid his friend the $15 he owed him, and pocketed the rest of the money for himself. His friend questioned the logic behind the sale of the patent, but Hunt said inventing the safety pin was so easy, he could invent something else any time he wanted. He did, in fact, invent many other things. But he was fairly lackadaisical about patenting them.
It's too bad because the company he sold the patent to has made millions from the pin.
So friends, true or false. Did Walter Hunt invent the safety pin just to settle a $15 debt? Tune in tomorrow, same otter-time, same otter-channel, and I'll tell you the answer.
Now, where my cookies at? Otter needs himself some Oreos!