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9 Things You Didn't Know About H. Ross Perot

Henry Ross Perot isn't a name you hear too often these days, but the 78-year-old Texas businessman is still kicking: He still makes an annual appearance on Forbes 400 Richest list (number 68 this year); he's still as deeply opinionated as he's always been; and his ears still stick out.

And he's still a fascinating American creation, which is why we've complied a short list of things you probably didn't know about H. Ross Perot:

1. He pulled himself up by his cowboy boot straps

H. Ross Perot was born on June 27, 1930, in Texarkana, Texas "“ just west of straddling the line between Arkansas and Texas, hence the name "“ and had his first job about the same time he lost his milk teeth. The soon-to-be billionaire grew up training horses, selling magazines and garden seeds, and delivering newspapers before entering the Naval Academy, where he was twice elected class president. Fast forward a few years, after Naval service and doing time as a salesman in the trenches at IBM, and Perot borrows $1000 from his wife to start Electronic Data Systems Leasing Corporation, or EDS as it's more commonly known, in 1962. Within eight years "“ and after closing in on some lucrative state contracts to computerize Medicare and Medicaid claims "“ that $1000 investment became a multi-billion dollar corporation employing more than 70,000 people.

2. He convinced Ollie North to stay in the Marines

Young Oliver North wanted to work for EDS, but Perot discouraged him from it, saying the promising young officer should stay right were he was, in the Marines. This, of course, may not have been the best career path for young North "“ who ended up a household name at the center of the Iran-Contra scandal.

3. He's hardcore

In 1979, when two EDS employees were kidnapped and held hostage by Iranian revolutionaries, Perot didn't wait around for help to come. The billionaire organized his own storm-the-castle rescue mission with the help of retired Green Beret Colonel Arthur "Bull" Simons.

The rescue mission, which was staffed by EDS employees, was ultimately successful "“ Perot himself walked into the Tehran prison where his men were being held and walked them out.

Ken Follett wrote a book about it, On the Wings of Eagles, which was later turned into a TV miniseries.

This was not the only time Perot would attempt to bankroll a rescue mission into hostile territories "“ this one just happened to be the most successful.

4. He's tough on drugs

Nineteen-seventy-nine was a busy year for Perot: In addition to mounting a commando raid to rescue his employees from Iranian revolutionaries, he was asked by the Texas governor to head up the Texas War on Drugs committee. Which he did pretty effectively "“ the committee proposed five laws to fight drug dealing, all of which were passed by the state legislature and signed into law.

5. He's a speed freak

Perot used to race his son on Lake Texoma "“ him in a Cigarette boat souped up with two $250,000 jet engines, against his son, Ross, Jr., overhead in a helicopter. Fellow boaters reported seeing Perot gripping the steering wheel of Blue Thunder, his boat, his goggles on and doing well over 100 miles an hour.

6. He never did get that heliport

Perot has never been particularly ostentatious with his money, a large chunk of which has long been wrapped up in philanthropic endeavors. While he's always up for spending money for a good cause, having parted with $120 million for inner-city schools and anti-drugs measures within the first few months of his charity's establishment, Perot didn't exactly splash the cash around (except for the horses, the house, and his wife's cars). But sadly, the city of Dallas denied Ross Perot one thing he truly wanted: a heliport for his 22-acre North Dallas manse. The Dallas Plan Commission denied the billionaire's request after his neighbors complained.

7. He's a collector

In 1984, Perot bought a copy of the Magna Carta "“ actually a 1297 copy of the one signed in 1215 by King John at the behest of some pissed off nobles, and defining rights for citizens of British Commonwealth countries for years to come. Perot, through his foundation, bought the document from a British family of gentry for $1.5 million; it had been in their possession since the Middle Ages. He lent it to the National Archives in Washington, DC, where it shared the room with original copies of the Declaration of Independence and the Constitution "“ until 2007, that is. In 2007, the foundation Perot controls abruptly decided to take the Magna Carta back and put it up on the auction block, where it promptly sold for $21.3 million.

8. He hates John McCain

perot-mccain.jpgPerot, who worked with the Nixon administration to figure out ways to help POWs in Vietnam, hates the senator from Arizona and two-time presidential candidate. In January of 2008, just as the primaries were about to hit full stride, Perot made a well-timed call to Newsweek columnist Jonathan Alter, blasting McCain for both personal reasons (dumping his wife, Carol, for beer heiress Cindy; calling Perot "nuttier than a fruitcake"), and political (Perot believes McCain hushed up evidence that POWs were left alive in Vietnam).

Alter's conversation with Perot also revealed that the former presidential candidate, like many others in the country, had been duped by email chains claiming that Barack Obama was a Muslim and had refused to recite the Pledge of Allegiance. At that time, Perot said he'd be voting for former Massachusetts governor and Mormon Mitt Romney in the Texas Republican primary, explaining, "When I went to the Naval Academy and met my first Mormons I asked why so many were excellent officers"¦ I learned it was because of their strong family unit."

9. He's a family man

During an interview on 60 Minutes, Perot claimed that he so abruptly dropped out of the 1992 presidential election to protect his daughter. According to Perot, his daughter Carolyn's wedding was in danger of being disrupted by a nefarious Republican plot to embarrass her with lurid and ostensibly doctored nude photographs. And this same nefarious plot included some sort of disruption of the wedding day itself. And there was this other nefarious plot to tap his phones. Perot had no proof of that either plot existed, but hey, a man can't be too careful with his daughter's happiness, now can he? (It was later discovered that the man who told Perot about the plots actually made it up, in an effort to discredit Bush.)

(For more on the presidential election of 1992, check out our previous post, Secrets of Past Elections: 1992.)

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Yes, You Can Put Your Christmas Decorations Up Now—and Should, According to Psychologists
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We all know at least one of those people who's already placing an angel on top of his or her Christmas tree while everyone else on the block still has paper ghosts stuck to their windows and a rotting pumpkin on the stoop. Maybe it’s your neighbor; maybe it’s you. Jolliness aside, these early decorators tend to get a bad rap. For some people, the holidays provide more stress than splendor, so the sight of that first plastic reindeer on a neighbor's roof isn't exactly a welcome one.

But according to two psychoanalysts, these eager decorators aren’t eccentric—they’re simply happier. Psychoanalyst Steve McKeown told UNILAD:

“Although there could be a number of symptomatic reasons why someone would want to obsessively put up decorations early, most commonly for nostalgic reasons either to relive the magic or to compensate for past neglect.

In a world full of stress and anxiety people like to associate to things that make them happy and Christmas decorations evoke those strong feelings of the childhood.

Decorations are simply an anchor or pathway to those old childhood magical emotions of excitement. So putting up those Christmas decorations early extend the excitement!”

Amy Morin, another psychoanalyst, linked Christmas decorations with the pleasures of childhood, telling the site: “The holiday season stirs up a sense of nostalgia. Nostalgia helps link people to their personal past and it helps people understand their identity. For many, putting up Christmas decorations early is a way for them to reconnect with their childhoods.”

She also explained that these nostalgic memories can help remind people of spending the holidays with loved ones who have since passed away. As Morin remarked, “Decorating early may help them feel more connected with that individual.”

And that neighbor of yours who has already been decorated since Halloween? Well, according to a study in the Journal of Environmental Psychology, homes that have been warmly decorated for the holidays make the residents appear more “friendly and cohesive” compared to non-decorated homes when observed by strangers. Basically, a little wreath can go a long way.

So if you want to hang those stockings before you’ve digested your Thanksgiving dinner, go ahead. You might just find yourself happier for it.

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11 Black Friday Purchases That Aren't Always The Best Deal
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Black Friday can bring out some of the best deals of the year (along with the worst in-store behavior), but that doesn't mean every advertised price is worth splurging on. While many shoppers are eager to save a few dollars and kickstart the holiday shopping season, some purchases are better left waiting for at least a few weeks (or longer).

1. FURNITURE

Display of outdoor furniture.
Photo by Isaac Benhesed on Unsplash

Black Friday is often the best time to scope out deals on large purchases—except for furniture. That's because newer furniture models and styles often appear in showrooms in February. According to Kurt Knutsson, a consumer technology expert, the best furniture deals can be found in January, and later on in July and August. If you're aiming for outdoor patio sets, expect to find knockout prices when outdoor furniture is discounted and put on clearance closer to Labor Day.

2. TOOLS

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Unless you're shopping for a specific tool as a Christmas gift, it's often better to wait until warmer weather rolls around to catch great deals. While some big-name brands offer Black Friday discounts, the best tool deals roll around in late spring and early summer, just in time for Memorial Day and Father's Day.

3. BEDDING AND LINENS

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Sheet and bedding sets are often used as doorbuster items for Black Friday sales, but that doesn't mean you should splurge now. Instead, wait for annual linen sales—called white sales—to pop up after New Year's. Back in January of 1878, department store operator John Wanamaker held the first white sale as a way to push bedding inventory out of his stores. Since then, retailers have offered these top-of-the-year sales and January remains the best time to buy sheets, comforters, and other cozy bed linens.

4. HOLIDAY DÉCOR

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If you are planning to snag a new Christmas tree, lights, or other festive décor, it's likely worth making due with what you have and snapping up new items after December 25. After the holidays, retailers are looking to quickly move out holiday items to make way for spring inventory, so ornaments, trees, yard inflatables, and other items often drastically drop in price, offering better deals than before the holidays. If you truly can't wait, the better option is shopping as close to Christmas as possible, when stores try to reduce their Christmas stock before resorting to clearance prices.

5. TOYS

Child choosing a toy car.
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Unless you're shopping for a very specific gift that's likely to sell out before the holidays, Black Friday toy deals often aren't the best time to fill your cart at toy stores. Stores often begin dropping toy prices two weeks before Christmas, meaning there's nothing wrong with saving all your shopping (and gift wrapping) until the last minute.

6. ENGAGEMENT RINGS AND JEWELRY

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Holiday jewelry commercials can be pretty persuasive when it comes to giving diamonds and gold as gifts. But, savvy shoppers can often get the best deals on baubles come spring and summer—prices tend to be at their highest between Christmas and Valentine's Day thanks to engagements and holiday gift-giving. But come March, prices begin to drop through the end of summer as jewelers see fewer purchases, making it worth passing up Black Friday deals.

7. PLANE TICKETS AND TRAVEL PACKAGES

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While it's worth looking at plane ticket deals on Black Friday, it's not always the best idea to whip out your credit card. Despite some sales, the best time to purchase a flight is still between three weeks and three and a half months out. Some hotel sites will offer big deals after Thanksgiving and on Cyber Monday, but it doesn't mean you should spring for next year's vacation just yet. The best travel and accommodation deals often pop up in January and February when travel numbers are down.

8. FOOD AND SNACK BASKETS

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Fancy fruit, meat and cheese, and snack baskets are easy gifts for friends and family (or yourself, let's be honest), but they shouldn't be snagged on Black Friday. And because baskets are jam-packed full of perishables, you likely won't want to buy them a month away from the big day anyway. But traditionally, you'll spend less cheddar if you wait to make those purchases in December.

9. WINTER CLOTHING

Rack of women's winter clothing.
Photo by Hannah Morgan on Unsplash.

Buying clothing out of season is usually a big money saver, and winter clothes are no exception. Although some brands push big discounts online and in-store, the best savings on coats, gloves, and other winter accessories can still be found right before Black Friday—pre-Thanksgiving apparel markdowns can hit nearly 30 percent off—and after the holidays.

10. SMARTPHONES

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While blowout tech sales are often reserved for Cyber Monday, retailers will try to pull you in-store with big electronics discounts on Black Friday. But, not all of them are really the best deals. The price for new iPhones, for example, may not budge much (if at all) the day after Thanksgiving. If you're in the market for a new phone, the best option might be waiting at least a few more weeks as prices on older models drop. Or, you can wait for bundle deals that crop up during December, where you pay standard retail price but receive free accessories or gift cards along with your new phone.

11. KITCHEN GADGETS

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Black Friday is a great shopping day for cooking enthusiasts—at least for those who are picky about their kitchen appliances. Name-brand tools and appliances often see good sales, since stores drop prices upwards of 40 to 50 percent to move through more inventory. But that doesn't mean all slow cookers, coffee makers, and utensil prices are the best deals. Many stores advertise no-name kitchen items that are often cheaply made and cheaply priced. Purchasing these lower-grade items can be a waste of money, even on Black Friday, since chances are you may be stuck looking for a replacement next year. And while shoppers love to find deals, the whole point of America's unofficial shopping holiday is to save money on products you truly want (and love).

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