Anyone heard about HR 1728

[Hatfield]

I have a small company that sells medical equipment. With the downturn in the economy, times have been really tough for us, so on the side we’ve been performing surgery as well. It’s been a great source of revenue, and we particularly enjoy doing those breast augmentations.

Now I’m told that we actually have to have a license for all of this. It would take me 6 or 8 years to go to medical school. I don’t have the time for that. And I hear those board exams are really tough!

We have always had to find a way to get creative and work with different customers, and the only way is structuring deals that have some sort of surgery involved. This just blows my mind. What scares me even more is that it has been around for a couple of decades and I just learned about it today!

Our government is sick and twisted and makes absolutely no sense. They are destroying what is left of the entrepreneurs. I can’t imagine this country can prosper without continuing to allow forward thinking. Obama and his clan are backwards!!

[Anonymous]

Government regulation is not the equivalent of socialism.

The test for socialism is simple: Who owns the economic capacity of the nation? More specifically, who controls what is produced, and who decides how to distribute value from that production?

If the answer is government, then you have socialism.

Almost all business in the United States is privately owned. We have stock markets and shareholders. The shareholders and the management they choose make the business decisions and they distribute the profits. (Not surprisingly, they always decide to distribute the profits to themselves.)

The recent government involvement in GM and the financial sector are tiny steps in the direction of socialism. For this and other reasons (e.g. taxes), the US is not purely capitalist, but we are still a very long way from the point we could even suggest our nation is socialist.

I appreciate the discussion here. I’ve learned something: If I ever want to be a predatory lender, I’ll just label my company as an alternative energy producer and I won’t be subject to any rules.

[Anonymous]

Government regulation is not the equivalent of socialism.

The test for socialism is simple: Who owns the economic capacity of the nation? More specifically, who controls what is produced, and who decides how to distribute value from that production?

If the answer is government, then you have socialism.

Almost all business in the United States is privately owned. We have stock markets and shareholders. The shareholders and the management they choose make the business decisions and they distribute the profits. (Not surprisingly, they always decide to distribute the profits to themselves.)

The recent government involvement in GM and the financial sector are tiny steps in the direction of socialism. For this and other reasons (e.g. taxes), the US is not purely capitalist, but we are still a very long way from the point we could even suggest our nation is socialist.

I appreciate the discussion here. I’ve learned something: If I ever want to be a predatory lender, I’ll just label my company as an alternative energy producer and I won’t be subject to any rules.

[Anonymous]

Government regulation is not the equivalent of socialism.

The test for socialism is simple: Who owns the economic capacity of the nation? More specifically, who controls what is produced, and who decides how to distribute value from that production?

If the answer is government, then you have socialism.

Almost all business in the United States is privately owned. We have stock markets and shareholders. The shareholders and the management they choose make the business decisions and they distribute the profits. (Not surprisingly, they always decide to distribute the profits to themselves.)

The recent government involvement in GM and the financial sector are tiny steps in the direction of socialism. For this and other reasons (e.g. taxes), the US is not purely capitalist, but we are still a very long way from the point we could even suggest our nation is socialist.

I appreciate the discussion here. I’ve learned something: If I ever want to be a predatory lender, I’ll just label my company as an alternative energy producer and I won’t be subject to any rules.

[Anonymous]

Government regulation is not the equivalent of socialism.

The test for socialism is simple: Who owns the economic capacity of the nation? More specifically, who controls what is produced, and who decides how to distribute value from that production?

If the answer is government, then you have socialism.

Almost all business in the United States is privately owned. We have stock markets and shareholders. The shareholders and the management they choose make the business decisions and they distribute the profits. (Not surprisingly, they always decide to distribute the profits to themselves.)

The recent government involvement in GM and the financial sector are tiny steps in the direction of socialism. For this and other reasons (e.g. taxes), the US is not purely capitalist, but we are still a very long way from the point we could even suggest our nation is socialist.

I appreciate the discussion here. I’ve learned something: If I ever want to be a predatory lender, I’ll just label my company as an alternative energy producer and I won’t be subject to any rules.

[Anonymous]

Government regulation is not the equivalent of socialism.

The test for socialism is simple: Who owns the economic capacity of the nation? More specifically, who controls what is produced, and who decides how to distribute value from that production?

If the answer is government, then you have socialism.

Almost all business in the United States is privately owned. We have stock markets and shareholders. The shareholders and the management they choose make the business decisions and they distribute the profits. (Not surprisingly, they always decide to distribute the profits to themselves.)

The recent government involvement in GM and the financial sector are tiny steps in the direction of socialism. For this and other reasons (e.g. taxes), the US is not purely capitalist, but we are still a very long way from the point we could even suggest our nation is socialist.

I appreciate the discussion here. I’ve learned something: If I ever want to be a predatory lender, I’ll just label my company as an alternative energy producer and I won’t be subject to any rules.

[socrattt]

PRI and SV, let’s say an owner has two rental homes all with plenty of equity and he would like to move these homes. He was able to find two separate buyers that were unable to qualify for a conventional loan but the owner was willing to carry back a note on these properties. Does this make him a lender? How can anyone argue that he would be considered a lender? Sure if you want to use technical terms like SK uses he would probably be considered a lender and a criminal, but get real.

Now on to PRI’s ridiculous comments. If you had any understanding of the business you wouldn’t make such an ignorant comment. We don’t do very many owner (company) financed deals, but we do more than 1 every 3 years. We are doing our part trying to create jobs in a down economy and it seems that at every turn our government is doing a great job at making it more difficult for companies to succeed.

SK, I am very impressed that you can assume I am a religious zealot from my comments above, but call me whatever makes you feel better!!!

[socrattt]

PRI and SV, let’s say an owner has two rental homes all with plenty of equity and he would like to move these homes. He was able to find two separate buyers that were unable to qualify for a conventional loan but the owner was willing to carry back a note on these properties. Does this make him a lender? How can anyone argue that he would be considered a lender? Sure if you want to use technical terms like SK uses he would probably be considered a lender and a criminal, but get real.

Now on to PRI’s ridiculous comments. If you had any understanding of the business you wouldn’t make such an ignorant comment. We don’t do very many owner (company) financed deals, but we do more than 1 every 3 years. We are doing our part trying to create jobs in a down economy and it seems that at every turn our government is doing a great job at making it more difficult for companies to succeed.

SK, I am very impressed that you can assume I am a religious zealot from my comments above, but call me whatever makes you feel better!!!

[socrattt]

PRI and SV, let’s say an owner has two rental homes all with plenty of equity and he would like to move these homes. He was able to find two separate buyers that were unable to qualify for a conventional loan but the owner was willing to carry back a note on these properties. Does this make him a lender? How can anyone argue that he would be considered a lender? Sure if you want to use technical terms like SK uses he would probably be considered a lender and a criminal, but get real.

Now on to PRI’s ridiculous comments. If you had any understanding of the business you wouldn’t make such an ignorant comment. We don’t do very many owner (company) financed deals, but we do more than 1 every 3 years. We are doing our part trying to create jobs in a down economy and it seems that at every turn our government is doing a great job at making it more difficult for companies to succeed.

SK, I am very impressed that you can assume I am a religious zealot from my comments above, but call me whatever makes you feel better!!!

[socrattt]

PRI and SV, let’s say an owner has two rental homes all with plenty of equity and he would like to move these homes. He was able to find two separate buyers that were unable to qualify for a conventional loan but the owner was willing to carry back a note on these properties. Does this make him a lender? How can anyone argue that he would be considered a lender? Sure if you want to use technical terms like SK uses he would probably be considered a lender and a criminal, but get real.

Now on to PRI’s ridiculous comments. If you had any understanding of the business you wouldn’t make such an ignorant comment. We don’t do very many owner (company) financed deals, but we do more than 1 every 3 years. We are doing our part trying to create jobs in a down economy and it seems that at every turn our government is doing a great job at making it more difficult for companies to succeed.

SK, I am very impressed that you can assume I am a religious zealot from my comments above, but call me whatever makes you feel better!!!

[socrattt]

PRI and SV, let’s say an owner has two rental homes all with plenty of equity and he would like to move these homes. He was able to find two separate buyers that were unable to qualify for a conventional loan but the owner was willing to carry back a note on these properties. Does this make him a lender? How can anyone argue that he would be considered a lender? Sure if you want to use technical terms like SK uses he would probably be considered a lender and a criminal, but get real.

Now on to PRI’s ridiculous comments. If you had any understanding of the business you wouldn’t make such an ignorant comment. We don’t do very many owner (company) financed deals, but we do more than 1 every 3 years. We are doing our part trying to create jobs in a down economy and it seems that at every turn our government is doing a great job at making it more difficult for companies to succeed.

SK, I am very impressed that you can assume I am a religious zealot from my comments above, but call me whatever makes you feel better!!!

[SK in CV]

[quote=socrattt]
SK, I am very impressed that you can assume I am a religious zealot from my comments above, but call me whatever makes you feel better!!![/quote]

Your religion is your right wing ideology, which has adopted “socialism” as the nasty label du jour. It is based on faith, not reason. Which makes it perfectly analagous to religion.

[SK in CV]

[quote=socrattt]
SK, I am very impressed that you can assume I am a religious zealot from my comments above, but call me whatever makes you feel better!!![/quote]

Your religion is your right wing ideology, which has adopted “socialism” as the nasty label du jour. It is based on faith, not reason. Which makes it perfectly analagous to religion.

[SK in CV]

[quote=socrattt]
SK, I am very impressed that you can assume I am a religious zealot from my comments above, but call me whatever makes you feel better!!![/quote]

Your religion is your right wing ideology, which has adopted “socialism” as the nasty label du jour. It is based on faith, not reason. Which makes it perfectly analagous to religion.

[SK in CV]

[quote=socrattt]
SK, I am very impressed that you can assume I am a religious zealot from my comments above, but call me whatever makes you feel better!!![/quote]

Your religion is your right wing ideology, which has adopted “socialism” as the nasty label du jour. It is based on faith, not reason. Which makes it perfectly analagous to religion.

[Author]

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