View Single Post
  #5   Report Post  
posted to rec.boats
[email protected] emdeplume@hush.com is offline
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default how the rich loot society

On Wed, 17 Aug 2011 19:32:02 -0400, BAR wrote:

In article ,
says...

2 nobel laureate economists describe how it can be finanically
profitable for the rich to drive firms to bankruptcy..a form of
looting. this is becoming common practice among the wealthy since
regulation has decreased the penalties associated with this
destructive behavior

http://papers.ssrn.com/sol3/papers.c...ract_id=227162


Are you familiar with Warren Buffet's trusts and their instructions?

http://www.trustsestateslaw.com/2009...nd-bill-gates-
on-the-estate-tax/


What's that got to do with him wanting to pay his fair share? Oh,
nothing.