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A Vulture Capitalist Cashes in on Failure

JMWinPR Wrote: Mar 16, 2013 2:07 PM
Really! Do you honestly believe airtight legislation can be written that someone will be unable to circumvent? Can you name one piece of legislation anywhere, anytime that fits that description? The closest are the 10 Commandments. While the morale equivalence / everyone does it crowd loves to pick on Enron, there are several significant differences. 1) No public official gained from Enron. 2)The CEO lost money. 3) The scam was so well concealed, a private auditing firm was unable to uncover it as well as the Fed. While regulation at one time may have served a public purpose, that is no longer the case. Regulation today serves three purposes 1) Restrict competition or 2) Raise revenue, 3) Keep the people fighting amongst themselves.
JMWinPR Wrote: Mar 16, 2013 2:11 PM
As long we as are arguing over what size magazine a weapon should have, the perfect tax rate for the rich and other red herrings., our "betters" are free to steal more and restrict more freedom.

A word to my friends in Washington: As you contemplate all the whiz-bang things that you’re going to do with your new-found tax dollars, please consider an important lesson found in biology.

If you want to successfully feed off the lives of others, don’t kill the host.

Obama may imagine that we don’t have a spending problem, but DC can only rake off so much before we implode.  

Parasites that want to survive, adapt to this truth.  

I was reminded of this as I looked through companies that might struggle in 2013.

According to Professor...