<div class="bbWrapper">For years I've been saying that the bigger/more wealthy an individual gets, the more "control" they have over things. <br />
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This is intentional-- the middle class are fond of saying "I'm the owner of ________". <br />
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Really rich/wealthy folks don't say this. They don't WANT others to know how much they own.<br />
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As an individual becomes more and more wealthy, they often shift their focus from $$$ to CONTROL.<br />
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In other words, it's not as important for them to personally "own" something-- it's more important to "control" it.<br />
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Examples:<br />
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-A middle class person may "own" their home, and may even "own" a vacation home or two.<br />
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-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.<br />
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-A middle class person may "own" the car they drive (most do).<br />
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-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.<br />
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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.<br />
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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.<br />
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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.<br />
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It is with this in mind that I present the following MASSIVE change in American control systems (aka "politics"):<br />
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<a href="http://news.yahoo.com/s/ap/20100121/ap_on_bi_ge/us_supreme_court_campaign_finance" target="_blank" class="link link--external" rel="noopener">Court eases business, union election spending rule - Yahoo! News</a><br />
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PLEASE NO POLITICAL COMMENTS-- that is not the intent of this thread.<br />
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I'm posting to ask: <br />
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1. Have you made the shift from OWNING to CONTROLLING? <br />
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2. If so, WHAT have you done? HOW have you done it?<br />
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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?)<br />
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-Russ H.</div>
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