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07-13-2006, 09:23 AM
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#1 |
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lobber of scimitars
Join Date: Jul 2001
Location: Phila Burbs
Posts: 20,774
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Somebody ran the formula from Fight Club, didn't they?
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  wolf eht htiw og"Conspiracies are the norm, not the exception." --G. Edward Griffin The Creature from Jekyll Island High Priestess of the Church of the Whale Penis |
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07-13-2006, 10:25 AM
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#2 | |
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Drawn Druid
Join Date: Jul 2006
Location: Issaquah, WA
Posts: 32
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Quote:
 Let's make up some numbers:This thing came out last year, was widely advertised and won a boating product of the year award. I'm going to make a conservative estimate and say they sold 5,000 units. They retail for $599, but can be had for about $450 in some places, so let's say after materials, fabrication, shipping, marketing, etc. etc. they net $100 on each unit. That's a profit of $500k. One or two lawsuits, even if SportsStuff won, could eat up most of that in legal fees. And if they lost with any kind of settlement, well, game over Charlie. Not to mention the negative press that could impact their other product sales. Now let's look at the press release for the recall. They claim 29 injuries requiring medical attention. We know from the press that two of those were deaths. Let's assume that about half of these were from people with excess testosterone (witness the internet video of the guy getting on the tube and telling the boat driver, "Just gun it, dude!"). So 15 injuries and one death affecting users following directions. That means, in a year of average use, you stand a 0.3% chance of being hurt seriously enough to require medical attention, or a 0.02% chance of death. (Given the estimate of number of units is correct). <sarcasm>The system works.</sarcasm> |
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07-13-2006, 10:26 AM
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#3 |
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in the Hour of Scampering
Join Date: Jan 2001
Location: Jeffersonville PA (15 mi NW of Philadelphia)
Posts: 4,060
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A triumph for dimwits everywhere, who will be protected from themselves in yet another way. Yet it's still true that in foolproof systems the fool is always stronger than the proof.
And now we can watch the resale value of used "kites of death" skyrocket.
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"Neither can his Mind be thought to be in Tune,whose words do jarre; nor his reason In frame, whose sentence is preposterous..." |
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07-13-2006, 10:37 AM
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#4 |
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Lecturer
Join Date: May 2006
Location: Atlanta
Posts: 768
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Finally!
 Maybe now this kite tube string will end. I'm not trying to claim some kind of honor, but I think I might have started this whole thing with a post about how the National Park Service banned their use at Lake Powell about a month ago (can't remember exactly). I never thought it would go this far; the string became more about law and responsibility than the product, and now the latter is being recalled. What will we talk about next? Lawn Darts went off the shelves years ago.
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Things are never as good, or bad, as they seem. 
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