paperburn1 wrote:most scams get copied many times in various forms, especially the successful ones.
Adoption Scams
Advance Fee Schemes
Anti-Aging Product Fraud
ATM Skimming
Bankruptcy Fraud
Corporate Fraud
Credit Card Fraud
Financial Institution Fraud
Foreclosure Fraud
Funeral Fraud
Gameover Malware
Grandparent Scam
Health Care Fraud
Hedge Fund Fraud
House Stealing
Identity Theft
Insider Trading
Insurance Fraud
Internet Fraud
Internet Pharmacy Fraud
Investment Fraud
Jury Duty Scam
Letter of Credit Fraud
Lottery Scams
Mass Marketing Fraud
Mortgage Fraud
Natural Disaster Fraud
Nigerian Letter or “419” Fraud
Online Auction Fraud
Online Auto Auction Fraud
Online Dating Scams
Online Rental Housing Scheme
Phishing
Ponzi Schemes
Prime Bank Note Fraud
Pump-and-Dump Stock Scheme
Pyramid Schemes
Ransomware
Redemption/Strawman/Bond Fraud
Reverse Mortgage Scams
Scareware
Securities and Commodities Fraud
Senior Citizen Fraud
Smishing
Social Security Card Fraud
Spear Phishing
Sports Memorabilia Fraud
Staged Auto Accident Fraud
Stock Options Backdating
Surrogacy Scam
Swatting
Telemarketing Fraud
Telephone Denial of Service Fraud
Timeshare Schemes
Vishing
Work-at-Home Scams
need I say more......
After all, isn’t that what good business practice is supposed to do. To survive and prosper, business is compelled by its very nature to extract as much revenue flow from the customer while returning as little value as possible.
Good government, courts, law enforcement, and regulations, impose restriction on business to provide a minimum level of value to the customer. Business pays government to reduce that value minimum to as close to zero as possible. All in Government gets fat and rich as the process progresses.
So said Abraham Lincoln during his debate with Stephen Douglas at Alton, Illinois, on October 15, 1858; Lincoln distilled the politics of tyranny down to its very essence and applied it to tyrants of every age, whether they be kings, slaveholders or today’s cut though capitalists. You do the work and I’ll take what you produce. You are my slave.
In this current age, the politics of tyranny are alive and well. As we watch the debates in Washington and, indeed, in every community across the land, what is the essence of the conversation? One group of people demand that another group “work and toil and earn bread” so that it can be taken and eaten by others. Is this not the very essence of slavery?
All tyrants try to disguise their tyranny and use words like “fairness” to do so. They twist language to make tyranny seem natural and right. Yet it is not and never can be. The struggle between those who believe in liberty and self-government and those believing in regulation and redistribution is nothing more than the same eternal struggle between right and wrong.
As Abraham Lincoln said so well:
That is the real issue. That is the issue that will continue in this country when these poor tongues of Judge Douglas and myself shall be silent. It is the eternal struggle between these two principles — right and wrong — throughout the world. They are the two principles that have stood face to face from the beginning of time, and will ever continue to struggle. The one is the common right of humanity and the other the divine right of kings. It is the same principle in whatever shape it develops itself. It is the same spirit that says, ‘You work and toil and earn bread, and I’ll eat it.’ No matter in what shape it comes, whether from the mouth of a king who seeks to bestride the people of his own nation and live by the fruit of their labor, or from one race of men as an apology for enslaving another race, it is the same tyrannical principle.
When all works as intended, the value minimum gets to zero, they call it free market capitalism; Caveat emptor is its motto.
Under the principle of caveat emptor, the buyer could not recover damages from the seller for defects on the property that rendered the property unfit for ordinary purposes. The only exception was if the seller actively concealed latent defects or otherwise made material misrepresentations amounting to fraud.
Before statutory law, the buyer had no express warranty ensuring the quality of goods. Common law requires that goods must be "fit for the particular purpose" and of "merchantable quality", but this implied warranty can be difficult to enforce and may not apply to all products. Hence, buyers are responsible for the value that is rendered in a product or service.
You are obviously one of those wild eyed knee jerk reactionary liberals who expect government and all its various arms to protect the customer from himself.
The free market must be allowed to work its will on both buyers and sellers of products and services in a process of natural selection in the marketplace. Yes, many will perish both bodily and financially. But those who remain will be stronger for it.
Yes, there will be many customers taught valuable lessons at the feet of the caveat emptor principle, but in the end, cut-throat capitalism will stand aside triumphant over all it surveys.
You cannot hold Rossi above the ordinary traditions and practices of American capitalism. He must be allowed to compete and thrive in the “no holds barred” arena of competitive business as it exists today.