Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

OT: "fair" partnership with the FED

0 views
Skip to first unread message

Robert Baer

unread,
Nov 20, 2009, 9:56:50 PM11/20/09
to
I'd like to make you a business offer. Seriously. This is a real offer.
In fact, you really can't turn me down, as you'll come to understand in
a moment...

Here's the deal. You're going to start a business or expand the one
you've got now. It doesn't really matter what you do or what you're
going to do. I'll partner with you no matter what business you're in �
as long as it's legal. But I can't give you any capital � you have to
come up with that on your own. I won't give you any labor � that's
definitely up to you. What I will do, however, is demand you follow all
sorts of rules about what products and services you can offer, how much
(and how often) you pay your employees, and where and when you're
allowed to operate your business. That's my role in the affair: to tell
you what to do.

Now in return for my rules, I'm going to take roughly half of whatever
you make in the business, each year. Half seems fair, doesn't it? I
think so. Of course, that's half of your profits. You're also going to
have to pay me about 12% of whatever you decide to pay your employees
because you've got to cover my expenses for promulgating all of the
rules about who you can employ, when, where, and how. Come on, you're my
partner. It's only "fair."

Now... after you've put your hard-earned savings at risk to start this
business and after you've worked hard at it for a few decades (paying me
my 50% or a bit more along the way each year), you might decide you'd
like to cash out � to finally live the good life.

Whether or not this is "fair" � some people never can afford to retire �
is a different argument. As your partner, I'm happy for you to sell
whenever you'd like... because our agreement says, if you sell, you have
to pay me an additional 20% of whatever the capitalized value of the
business is at that time.

I know... I know... you put up all the original capital. You took all
the risks. You put in all of the labor. That's all true. But I've done
my part, too. I've collected 50% of the profits each year. And I've
always come up with more rules for you to follow each year. Therefore, I
deserve another, final 20% slice of the business. Oh... and one more
thing...

Even after you've sold the business and paid all of my fees... I'd
recommend buying lots of life insurance. You see, even after you've been
retired for years, when you die, you'll have to pay me 50% of whatever
your estate is worth. After all, I've got lots of partners and not all
of them are as successful as you and your family. We don't think it's
"fair" for your kids to have such a big advantage. But if you buy enough
life insurance, you can finance this expense for your children. All in
all, if you're a very successful entrepreneur... if you're one of the
rare, lucky, and hard-working people who can create a new company,
employ lots of people, and satisfy the public... you'll end up paying me
more than 75% of your income over your life. Thanks so much.

I'm sure you'll think my offer is reasonable and happily partner with
me... but it doesn't really matter how you feel about it because if you
ever try to stiff me � or cheat me on any of my fees or rules � I'll
break down your door in the middle of the night, threaten you and your
family with heavy, automatic weapons, and throw you in jail. That's how
civil society is supposed to work, right? This is Amerika, isn't it?

That's the offer Amerika gives its entrepreneurs. And the idiots in
Washington wonder why there are no new jobs...

Bill Sloman

unread,
Nov 21, 2009, 12:14:40 PM11/21/09
to
On Nov 21, 3:56 am, Robert Baer <robertb...@localnet.com> wrote:
> I'd like to make you a business offer.

<snip>

What Robert Baer doesn't mention is that you are free to set up your
new business in Somalia, where tax rates are a lot lower.

There's no army to protect you, no education system to educate your
workers, no public health system to prevent them sickening and dying
when the next epidemic goes through the area, and no infra-structure
to transport raw materials to your busniess of finished products to
your customers.

If you do want to start from scratch, that would be the place to go.

On the other hand, a less entreprenurial individual might well chose
to accept the slightly higher tax burdens involved in starting a
business in Europe - where the workers are better educated and
healthier (thanks to universal education and health care) and the
infra-structure is rather better.

Germany might be a good place to start - it has been running a
positive balance of trade for many years now, and trick that the US
can't seem to master.

--
Bill Sloman, Nijmegen

Paul Hovnanian P.E.

unread,
Nov 21, 2009, 2:27:18 PM11/21/09
to
Robert Baer wrote:

> I'd like to make you a business offer. Seriously. This is a real offer.
> In fact, you really can't turn me down, as you'll come to understand in
> a moment...
>
> Here's the deal. You're going to start a business or expand the one
> you've got now. It doesn't really matter what you do or what you're

> going to do. I'll partner with you no matter what business you're in –
> as long as it's legal. But I can't give you any capital – you have to
> come up with that on your own. I won't give you any labor – that's


> definitely up to you. What I will do, however, is demand you follow all
> sorts of rules about what products and services you can offer, how much
> (and how often) you pay your employees, and where and when you're
> allowed to operate your business. That's my role in the affair: to tell
> you what to do.

Sorry. The business I work for is located in Qatar. Your rules don't apply.

I'm just a poor, lowly employee that telecommutes to HQ.

[snip]



> I'm sure you'll think my offer is reasonable and happily partner with
> me... but it doesn't really matter how you feel about it because if you

> ever try to stiff me – or cheat me on any of my fees or rules – I'll


> break down your door in the middle of the night, threaten you and your
> family with heavy, automatic weapons, and throw you in jail. That's how
> civil society is supposed to work, right? This is Amerika, isn't it?

Oh, forgot to mention: One of the partnets in this business is a rather
important Saudi Prince. F**k with him, his business partners or employees
and you'd better be ready to park your SUVs and start riding bicycles.

When you do speak to him (and only if it pleases him to do so) you must bow
deeply at the waist. Much more so than Obama does with foreign dignitaries.
Kissing his ring might be appropriate. Possibly his feet as well. Remember
where your oil comes from.

--
Paul Hovnanian pa...@hovnanian.com
----------------------------------------------------------------------
Have gnu, will travel.

Robert Baer

unread,
Nov 21, 2009, 3:56:27 PM11/21/09
to
Relative to the rest of Europe, Germany has been way ahead (running a
positive balance of trade).
However, anyone wanting to expat the USA will have to leave half of
their net wealth behind (to fund FED insanity).

dagmarg...@yahoo.com

unread,
Nov 21, 2009, 8:34:40 PM11/21/09
to
On Nov 21, 2:27 pm, "Paul Hovnanian P.E." <p...@hovnanian.com> wrote:

> Remember
> where your oil comes from.

http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html

--
Cheers,
James Arthur

Paul Hovnanian P.E.

unread,
Nov 22, 2009, 1:14:06 AM11/22/09
to

So I could work for a Canadian firm and tell the gov't to kiss my ass
just as effectively?

--
Paul Hovnanian mailto:Pa...@Hovnanian.com
------------------------------------------------------------------
Error reading FAT record: Try the SKINNY one? (Y/N)

Bill Sloman

unread,
Nov 22, 2009, 9:52:32 AM11/22/09
to

Whereas if you had been born in Somalia, you wouldn't have any net
wealth to worry about.

Being born in an advanced industrial country is a very good deal.
Admittdely, while being born in the US makes you potentially pretty
wealthy - particularly if you take cae that your parents are while,
Anglo-Saxon and Protestant - you do run the risk of somewhat higher
perinatal mortality thn you run into in other advanced industrial
countries.

--
Bill Sloman, Nijmegen

0 new messages