Tomorrow I have a very serious post that I think I’ll be leaving up at least the entire week as the “most recent post.”
Today I have a new way of conceptualizing all the things I’ve written about.
I read about how hardworking people like you don’t have time to read material like mine.
This means liars who have smooth, simple arguments can win you over faster than someone like me who spends time trying to explain the truth.
I lucked out. I have the time. With contributions from the community, I can expand operations until Stenonymous is able to incorporate and begin feeding money back into the field.
I will be working on a prettier image for you. But feel free to share this one. I need your help.
Divided, my research makes it clear that court reporter incomes will freeze or fall. Whatever your financial situation is, it will degrade if your income comes from being a working court reporter.
Together, we’ll make a difference.
You may not believe it. And that’s okay. Because I don’t always know what to believe either. We are human.
The truth remains the truth whether you believe it or not. Just one company stands to gain hundreds of millions of dollars if you don’t believe me. Consequently, many of them are working together to lie to you in violation of fraud, antitrust, and false advertising laws.
I was scared when I started down this road. Scared of what you might think of me. Scared of what the largest players in the game might try to do to me. I was loaded with so much fear that my health degraded.
I recovered because you stood with me.
I will stand up for you. Will you stand with me?
I will stand up for you. Will you stand with me?
I will stand up for you. Will you stand with me?
All rise.
Addendum:
A reader stated “it reminds me of a business/professional form of the Margaret Mitchell Effect.” I thought this was brilliant, so it gets a home here. Just let me know if you want your name here, reader!
I’ve read this post about four times and watched the video and still can’t tell what it’s actually about. There’s no information in this post. I hope you get your message out there but I still don’t know what the message is.
I’ve spent the last half decade documenting statistics in our field and the behavior of the corporations. If you actually cared about understanding you could read that.
The link that mentioned violation of laws, you could’ve read, but you didn’t bother.
The message is pretty clear. By lying to people, a single corporation stands to gain hundreds of millions of dollars. I’ve published about these lies for years and the government has done nothing. So what would YOU do if a LIE that nobody would catch would earn you MILLIONS of dollars? Basically wrapping up that there are heavy financial incentives for deception.
Basically Veritext makes ballpark $500 million a year according to the estimator sites. A digital reporter can be used for about $30 an hour. A stenographic reporter, calculating transcription time, adds up to between $160 and $240 per hour — it can go up or down from there but that’s a good baseline for non RT. That number is derived from estimated pages per hour times rate, and in this case I did 40 x 4 and 60 x 4 because I know for a fact you can get a New York reporter for 4.
So now you take the 30 and divide it by 160. About 19%. You take 30 and divide it by 240. About 12.5%. So now obviously not all of the agency’s revenue is derived from court reporting, but just as a rough idea of what we’re dealing with. They’re looking at pocketing that 87.5%. .875 * 500 million is $437.5 million. Their current estimated revenue + what they would pocket is 937.5 million.
I don’t know what to tell you. If you actually wanted to understand you could’ve asked questions. You just wanted to throw water on me. It’s cool. I’m used to people like you.
Also, the 500 million figure I’m using is corroborated by the 480 million figure I arrived at in the post about Veritext’s IDR.
https://stenonymous.com/2023/11/13/to-slay-the-beast-veritext-assigned-b-rating-by-fitch-ratings-in-august-2023/