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Leon[_7_] Leon[_7_] is offline
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Default Not looking good for the Bosch Reaxx TS

On 2/10/2017 4:52 AM, Ed Pawlowski wrote:
On 2/9/2017 10:05 PM, wrote:
On Thursday, February 9, 2017 at 2:50:59 PM UTC-6, Ed Pawlowski
wrote:
On 2/9/2017 2:35 PM,
wrote:

The issue is not Gass making money. The issue is Gass'
rent-seeking.

Not sure what "rent-seeking" means.


noun 1. the fact or practice of manipulating public policy or
economic conditions as a strategy for increasing profits. "cronyism
and rent-seeking have become an integral part of the way our
biggest companies do business" adjective



I can understand the manipulating public policy. Public policy
meaning government rules and regulations and laws. Lobbyists do
this. Not sure what economic conditions anyone can manipulate.


Gass wanted Congress to pass a law that every tablesaw should have a
safety device (his). Certainly would have helped his economic condition.



Absolutely and an absolute dream come true for every entrepreneur or
business owner, CEO ect.

What businesses fit this mold? Who has lobbied the government to have
an on going advantage?

Insurance companies.
All Energy providing companies.
TV entertainment providers.
Communication providers.
The automobile industry.
The building industry.
The food industry.
The medical industry...
The entertainment industry
The recycling industry.

And the list goes on.

Mr. Gass is no different except he is the little guy that has come up
with a great product and is successful.