For years I've been saying that the bigger/more wealthy an individual gets, the more "control" they have over things.
This is intentional-- the middle class are fond of saying "I'm the owner of ________".
Really rich/wealthy folks don't say this. They don't WANT others to know how much they own.
As an individual becomes more and more wealthy, they often shift their focus from $$$ to CONTROL.
In other words, it's not as important for them to personally "own" something-- it's more important to "control" it.
Examples:
-A middle class person may "own" their home, and may even "own" a vacation home or two.
-A rich/wealthy person may not "own" any of the homes they live in (they may have many). A separate LLC or other corporate entity "owns" these properties, shielding the wealthy person from frivolous lawsuits.
*******
-A middle class person may "own" the car they drive (most do).
-A wealthy person may not own the cars in their garage. It's more likely that these vehicles are owned by a corporate entity (for liability/tax reasons), OR-- since brand new cars depreciate over time and in most cases are a poor investment, the car may just be leased-- the wealthy person never intends to own them. The lease is often paid by a corporate entity, and not directly by the person that drives it.
*********************
The ultimate form of control is law. If you want something done that benefits you, having it made into law makes it easier to accomplish.
So it stands to reason that the mega-wealthy (who understand and appreciate the advantages of CONTROL) are the people most interested in influencing LAW to do things that favor them personally.
The world's wealthiest people have an enormous influence on politics (politicians are our law makers). Wealthy people influence law by getting "their own people" elected-- politicians who will "pay them back" with favorable legislation -- or, even better-- someone who has the same goals/principles as the wealthy person, and by "voting their principles" also endorses/supports the wealthy person's agenda.
It is with this in mind that I present the following MASSIVE change in American control systems (aka "politics"):
Court eases business, union election spending rule - Yahoo! News
PLEASE NO POLITICAL COMMENTS-- that is not the intent of this thread.
I'm posting to ask:
1. Have you made the shift from OWNING to CONTROLLING?
2. If so, WHAT have you done? HOW have you done it?
3. What changes/adjustments could you make to your PLAN to benefit from the massive change just approved by the US Supreme Court? (note to international readers: You too could structure your PLAN to benefit from these changes, if you plan on doing business in the US. How/what would *you* do?)
-Russ H.
This is intentional-- the middle class are fond of saying "I'm the owner of ________".
Really rich/wealthy folks don't say this. They don't WANT others to know how much they own.
As an individual becomes more and more wealthy, they often shift their focus from $$$ to CONTROL.
In other words, it's not as important for them to personally "own" something-- it's more important to "control" it.
Examples:
-A middle class person may "own" their home, and may even "own" a vacation home or two.
-A rich/wealthy person may not "own" any of the homes they live in (they may have many). A separate LLC or other corporate entity "owns" these properties, shielding the wealthy person from frivolous lawsuits.
*******
-A middle class person may "own" the car they drive (most do).
-A wealthy person may not own the cars in their garage. It's more likely that these vehicles are owned by a corporate entity (for liability/tax reasons), OR-- since brand new cars depreciate over time and in most cases are a poor investment, the car may just be leased-- the wealthy person never intends to own them. The lease is often paid by a corporate entity, and not directly by the person that drives it.
*********************
The ultimate form of control is law. If you want something done that benefits you, having it made into law makes it easier to accomplish.
So it stands to reason that the mega-wealthy (who understand and appreciate the advantages of CONTROL) are the people most interested in influencing LAW to do things that favor them personally.
The world's wealthiest people have an enormous influence on politics (politicians are our law makers). Wealthy people influence law by getting "their own people" elected-- politicians who will "pay them back" with favorable legislation -- or, even better-- someone who has the same goals/principles as the wealthy person, and by "voting their principles" also endorses/supports the wealthy person's agenda.
It is with this in mind that I present the following MASSIVE change in American control systems (aka "politics"):
Court eases business, union election spending rule - Yahoo! News
PLEASE NO POLITICAL COMMENTS-- that is not the intent of this thread.
I'm posting to ask:
1. Have you made the shift from OWNING to CONTROLLING?
2. If so, WHAT have you done? HOW have you done it?
3. What changes/adjustments could you make to your PLAN to benefit from the massive change just approved by the US Supreme Court? (note to international readers: You too could structure your PLAN to benefit from these changes, if you plan on doing business in the US. How/what would *you* do?)
-Russ H.
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