Friday, July 22, 2011

CABPRO, Nuts and Bolts, and Never Taught Business/Legal Acumen

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I will confess to being addicted to the B&C nuts and bolts aisle. For the specialty items on the wall, they beat out Home Depot every time. I used a more convenient Fox Hardware in Marysville the other day, until I noticed Wonderboard at $19.95 a sheet when it was at $7.95 in HD.

I think kids in high school need a special course that covers what owners of businesses like B&C pass on down to their kids, about the art of doing business. Let’s start with automotive businesses where the journeymen make at most $30/hour when the bossman charges $90/hour. Then move on to the business that is “always broke, no money for higher salaries, don’t pay myself nuthin more than I pay you” but the owner’s equity in the building and inventory increases every month.

This stuff is well hid for the self interests of those who own those businesses, and will never be taught in schools, much as the lawyers in the legislatures will never tax the legal settlements earned by using the court systems, for the support of those systems. Guess who gains the most when the courtrooms are full and a lawyer has 5 clients cooling their heels at the same time, while he collect $180/hour from each of them? Lawyers as a class have no interest in speedy and well funded court systems. No wonder they control the legislatures, as an occupation, more than any other group. There ought to be a law eliminating such one-sidedness, occupationally, in the legislatures.

Lawyers, however, are as dependent on the court system for income as the truckers who pay gasoline taxes for the building and maintenance of the interstates and roads. Nobody complains about “double taxation” there, now do they? But every lawyer I’ve talked to about this, goes for that gun immediately.


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