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  • Posted by itisntluck 12 years ago
    Also in this blog "Yaron Answers: Is It Moral To Capitalize On Government Intervention".

    This one hits close to home. A close relative of mine owns an industrial mechanical business. He has two partners. He owns 48%. His lawyer (and life-long friend) owns 3%. His partner who is Latino owns 49%. Since the partner is a "minority" the company was able to take advantage of the minority ownership advantage in government contracts. This company did a huge percentage defense department projects and made Billions in profits. Some of my other cousins complained that "they" got rich because one of the partners was a Latino and thus they had an unfair advantage. My cousin's own mother echoed that garbage – but never to his face.

    I never saw it that way. All three partners were genius in their own right. My cousin along with his lawyer friend controlled the company. The majority owner is so intelligent that it’s scary. They and their families worked no less than 100 hours per week and these people knew their business. I admired their intelligence and "smart" business sense. Why not take advantage of government intervention?
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  • Posted by itisntluck 12 years ago
    >This means: In order to protect your property, the government needs to seize your property<

    I love it.
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    • Posted by Non_mooching_artist 12 years ago
      The cousins sound like they have a case of sour grapes. Good for the company to see such success! Everybody who works there will benefit from that, not just The Owners, who always are in someone's sights that feel some entitlement to what they didn't earn. No disrespect to your family, Itisntluck. :-)
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