Wonder what Bounce is Up To???

[bflbob]

Many of you might remember Bounce from the old Rich Dad forums. I keep in touch with him on a regular basis, mainly just sending jokes etc.

I knew he was in Commercial Properties, and asked him how his vacancy rates were doing recently. I figured he'd be having some issues due to the slowing economy.

Not my old buddy Bounce! If you remember, he used to sell his properties as Rent-to-Own (Lease Option), before he ever bought them. HUD houses, that he'd list as fixer-uppers. But until they were sold (optioned), he wouldn't buy them. Clever guy.

At any rate, he emailed me to let me know what he was doing now, and you'll love it. I got his permission to disclose this, but I'm putting it the the Private Forum, just to keep it a bit more hush-hush.

I own several day care centers.



The state provides free day care for people who make less than 165% of the poverty level.



So, our business plan is to go into the poor areas (where I can steal real estate) and our advertising campaign amounts to putting a sign on the building that says, "FREE DAY CARE, INQUIRE WITHIN."



It's flawless. It's really no different than feeding stray cats. Feed one, once, and tomorrow you'll have every one in the neighborhood looking for free food.



Look, this is one reason I am so against liberal policies. I can see what happens to people when you start giving them sh*t for free. The freebies trap them.



The instant they start getting free day care, they run and tell all their friends. Soon, the entire neighborhood is enrolling their kids. The people who make too much money to qualify have ways of making it look to the state like they make less. They cheat. That's a deal between them and the state - we play no part in that. We only see their kids once the state qualifies them. The state makes it easy to cheat because they want the people dependent - it turns into votes come election time.



As soon as they enroll, they're hooked. They will NEVER try to improve their lives enough to get off the freebies. They will fight to stay under the earnings threshold rather than fight to get over it.



It ruins their f*cking lives.



Yes, I am in this business. Just like a non-gambling owner of a casino, a drug-pusher who doesn't do drugs, or a package liquor store owner that doesn't drink.... I know enough to make money on it without becoming entrapped by it.



I watch what it does to the people though. It holds them down. These people WILL NEVER strive to become millionaires. They will do the opposite. They will STRIVE to stay under 165% of the poverty level. It's a mental sickness that's brought on by the desire to get something for nothing.



Once the state starts handing that sh*t out, THEY THEN have something to hold over the people for their votes. "Either vote for us or the other guys will take your goodies away!"



The democrats are running the table this election season. That does nothing but make my financial position stronger. It's f*cking sad, however because the people lose. They're just not smart enough to understand it.[

:iagree:

 

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[Russ H]

Et O xet siefoph, O vjuahjv O'f hiv vu vji qesv xjisi ji't viedjoph vjiti loft dsovodem vjoploph epf jux vu csiel uav ug vjios qevvispt . . .

Uj ximm . . . katv taqisonqutoph nz uxp opdmopevoupt, O taqquti. :tjsaht:

Cav O giim tef gus Cuapdi. Ji't op e catopitt vjev ji tiit et xsidloph qiuqmi't mowit. Vjev dep'v giim wisz huuf.

Vji siemmz tnesv upit esi vjuti xju caz opvu vji tudoem qsuhsent, veml vji veml, epf qatj gus qsuhsitt-- vjot evvovafi/eqqsuedj hivt vjin emm lopft ug hsepv fummest. :cepepe::cepepe::cepepe:

Vjeplt gus vji aqfevi, Cuccu!

-Satt J.

 

[andviv]

Exituni.

Cuc, zuas nottoup ot vu dupwopdi jon vu duni vu vji piyv niivaq.

Qmieti howi ov e tjuv.

 

[bflbob]

Exituni.

Cuc, zuas nottoup ot vu dupwopdi jon vu duni vu vji piyv niivaq.

Qmieti howi ov e tjuv.

O jewi vsoif iwisz zies. Nezci xovj Tviwi't ettotvepdi?

 

[bflbob]

Cuapdi teof ji katv huv ugg vji qjupi egvis vemloph vu TviwiU.

Jot dunnipv..."Opvisitvoph."

Vjeplt, Tviwi!

 

[SteveO]

O demmif jon. Ji ot emxezt e vsiev vu motvip vu. Ji xup'v dunnov cav nez duni emuph. Xi dep liiq xusloph up jon.

 

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[hakrjak]

Jnnnn, Dumusefu jet tonomes qsuhsent. Jisi et muph et zua neli apis $1700 e nupvj zua dep raemogz gus piesmz gsii fezdesi, xovj e tnemm du-qez.

O vjuahjv ecuav huoph opvu vji fezdesi catopitt ziest ehu xjip O jef vji tjudl xetj uwis ni xjip dupgsupvif xovj Vxop cecz hosmt, epf gopfoph uav xjev iyedvmz vji fez desi qsuwofist op nz esie xepvif vu djeshi gus xevdjoph vjin. (Ov xet moli $1500 e nupvj, vuvem gus epz ug vji fidipv qmedit vjev O'f giim UL miewoph vjin op)...

O jewi e duaqmi ug gsoipft jisi xju veli efwepvehi ug vji "Gsii" qsuhsen, epf ov't iyedvmz et ji tezt. Vjiz dep'v eggusf vu neli uwis $1700 e nupvj, cideati og vjiz fu -- vjiz'mm muti $2000+ ug fezdesi (Vjiz jewi 4 loft), tu ov nelit ov dunqmivimz tiptimitt gus vjin vu iwis edjoiwi epzvjoph cizupf xjev vjiz esi fuoph. Vji huwispnipv op ittipdi ot jumfoph vjiti qiuqmi fuxp, epf vaspoph vjin opvu mogimuph fiqipfipvt. Upi duaqmi, topdi vjiz'si puv nessoif -- xisi ecmi vu "Djiev", moli ji nipvoupt, cz jewoph jis xusl e mux qezoph kuc (Epf dmeonoph vji qsuhsen et e tophmi Nun), xjomi ji xet iespoph $4l e nupvj... Vji huwispnipv fuit movvmi us puvjph vu dasc vjot vzqi ug edvowovz.

- Jelskel