Skip to comments.Here's One Private Business Which is Thriving in the Obama Administration
Posted on 06/21/2012 9:21:47 AM PDT by Vigilanteman
Loeb is Chicago based but no crony capitalism connections. We have recently bought factory equipment to upgrade our own operations for pennies on the dollar.
Still, new offers for liquidations keep coming in. Loeb Equiment and Appraisal Company is just one factory liquidator in the country, but they have some awfully good stuff to offer. Some of it very up to date.
(Excerpt) Read more at loebequipment.com ...
” Loeb Equiment and Appraisal Company is just one factory liquidator “
Scavengers always thrive on a dead, rotting, corpse....
*shrug* After you’ve sold the inventory, the equipment, the building and the land, it’s time to sell the people.
Welcome to Obamination!
Lots of private businesses are thriving under Obama. Off the top of my head are repo men, collection agents and bankruptcy attorneys. I'm sure there's more.
Anne was right all along!
Gun and ammunition manufacturers are doing rather well, too.
Companies upgrade obsolete or surplus equipment and yes, sometimes go out of business. One way or another, equipment will either get sold or go to the scrapper for its value in recycle metal, etc.
I freaked out a couple of years ago when one of my clients sold three 316 stainless tanks (500, 4000 and 10,000 gallons) for scrap metal. I could have put them in contact with an equipment reseller that easily could have gotten them 20 times the cash. Stupid bean counter wanted to have his balance sheet nice and clean though. By the way, the bean counter was fired a few months later.
Manufacturers of red ink.
Title/Payday Loan companies and pawn shops are thriving.
Not to brag, but before my company hired me, we would regularly pay the trash man to haul away materials no longer in use by the dumpster or even the truck load. Now, we get paid for it or, at worst, get it hauled away for free. And equipment which we consider obsolete is often considered leading edge in places like Brazil or Indonesia.
It isn't always easy, though. Sometimes, the bean counters get really irate when I don't have a buyer found within their artificially imposed deadline and even places like Loeb won't take everything.
Yep, those too. I can add to this list the "We Buy Gold" and "Internet Sweepstakes" businesses that have sprouted like weeds all over the formerly vacant strip malls here in NE Florida as further successes of this Obama economy.
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