So much value is destroyed by this form of taxation. It's inherent in having to liquidate much wealth in a short period of time. There should be a way to match the time scales better, as opposed to forcing a company to go public. Like putting non-voting shares into escrow and allowing them to be sold over years or decades.
This would come with the loss of taxes as businesses go under, but at least some offsetting increase from successful businesses that are allowed to continue operating.
But Radio Shack was also a pioneer in intrusive information gathering. They would always ask for your name and address at check-out, often practically insisting they couldn't complete the sale without it. I usually gave them "1600 Pennsylvania Ave, Washington DC" as my address. I hope Clinton and GWB liked those catalogs!
I've not been very sympathetic to the demise of bricks & mortar retail since then.
They had the same virtual console behavior as we see in Linux.
I had a friend who worked in one of the stores, and I scared the daylights out of him by hitting Ctrl-Alt-F4 on his cash register to get a login. After switching back to F1, he learned the scary trick himself.
Edit: I had no idea about Pier 1 (rest in peace), the 1959 proxy battle for the family takeover, Tandy's sale of Pier 1 in 1966, Tandy's purchase of a controlling interest in the failing Radio Shack for $300k, Tandy's abrasive management style, or his early demise at 60 from a heart attack.
Peir 1 folded just as we entered the COVID pandemic.
i just learned there are about 100 Tandy Leather stores out there if you want to pay tribute
We're around the same age and likely have similar memories. I poured over Radio Shack catalogs and weekly ads when I was a kid. When my family went to the local mall I'd make a beeline for the Radio Shack and play w/ the various computers there until my parents pried me away.
When I started doing PC tech work (in rural Western Ohio in the late 90s) it was always an option, no matter how far out in "the sticks" you were working, to drive to a Radio Shack for emergency parts. They might not have exactly what you needed, and you'd probably pay a hefty price, but their you could get the job done.
That ubiquity definitely left an impression on IT technicians of my generation. I was recently doing some work w/ a legacy system that called for some serial gender-bender/null modem cables. Not having any handy I had to improvise with some DE-9 to RJ-45 hoods and creative crimping to get what I needed. A cow-orker commented "We used to be able to just go to Radio Shack when we needed stuff like that in a hurry."
Sounds like my childhood. Remember the Tandy TRS-80 CoCo? I do. :)
Radioshack catalog archive in case anybody missed it:
As an engineer my boss will approve $80 for a single resister after overnight shipping if that is what I need. The factory is buying the resisters a reel at a time (or similar large quantities)
They sold a "1000-in-one" electronics kit that came with a book that would teach you all that you needed to know to get started with a lifelong addiction to electronics parts. My grandpa gave me one as a birthday gift one year, and thus began my early addiction to Radio Shack. ;)
Fascinating guy!
HN rules.