reply to post by chrisrand
Someone will take you to court for that money and it will cost far more than the $1 million made and that "someone" knows it but they will have a
full time team of attornies on the payroll anyway so it isn't any sweat off their back, that's what they do. The winner winds up being the one who
was willing to spend more resources. "They" won't mind because they will be sending a message to anyone who even thinks of walking in your shoes.
Not only that, you will then have the frustration and stress that court brings, only to find out that the courts have nothing to do with justice and
everything to do with having the who's in your pocket. Prepare for at least 10 years of court battles before your money is available, not earning
interest but by then, the dollar will have collapsed anyway so you might be able to buy a loaf of bread with it.
That's even saying that you have a refinery to refine the chemical laden crude. You will most likely be black-listed by "big-oil" who owns all of
the crude. Not to fret though, CITGO will refine it for you, however due to TPTB, you will most likely be arrested for supporting terrorism by
refining your crude with CITGO since those powers don't like the economic revolution that has gotten into the good people of Venezuela. How dare
those people want freedom from oppression by US corporate interests.
Then, you would most likely have to get permits to even operate your rigged oil-sucker. Something that will surely be hard to get and expensive.
To top it all off, you will have to heavily invest in employees, safety gear, licensing and permit fees. After it's all said in done, you will only
spend a ton of money to have your profits locked up for about 10 years or more with a possibility of losing it all due to the corrupt court system.
When it's all said and done, 10 - 15 years later when you spend $5 million in court, $100,000 in preperation, liscensing and permits and you wind up
losing that $1 million in court anyway, you will then have to pay capital gains taxes on it, probably in the neighborhood of 70%.
So, in then end, you will be down around $5.8 million dollars, your health form the stress and your family from the frusteration. You will most likely
have gone gray and bald and your outlook on life will be more dry than it is today.
Be my guest though and let me know how it turns out.
[edit on 11-6-2010 by airspoon]