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Addition to Rand's requirements for invention

Posted by $ jbrenner 6 years, 9 months ago to Technology
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A good friend and former business partner of mine and I sold our former biofuels company (our form of shrugging) right after reading Atlas Shrugged in 2008. His shrug job is ownership of a used computer and electronics shop. Imagine Sanford & Son for electronics.

On the outside of the building is the linked sign about invention.


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  • Posted by $ 6 years, 9 months ago in reply to this comment.
    Such repair of refrigerators is possible, and in fact, my friend's business fixes a wide range of electronic devices worth fixing when they don't have customers in the shop.
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  • Posted by term2 6 years, 9 months ago in reply to this comment.
    In essence you are applying to secure protection from competition for 20 yrs just because u were the first to successfully navigate through the governments pricess. I am not a fan of our patent process. I think it stifles innovation , particularly in the age of patent trolls
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  • Posted by $ 6 years, 9 months ago in reply to this comment.
    Not exactly. My partner who can get things through FDA was the one who approached me to help on the technical side. He started the company. I am not calling all the shots.
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  • Posted by $ Olduglycarl 6 years, 9 months ago in reply to this comment.
    The patent office isn't all that friendly either, they don't even speak the same language a human could recognize.
    Had two successful patents: 1, an angled speaker adapter to facilitate directing sound where you wanted it to go in the automotive environment and 2, a metal stretch band for finger rings.
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  • Posted by Korben_Rage 6 years, 9 months ago in reply to this comment.
    I don't see it as dangerous nor opposite of what I want in the long term. Tariffs are necessary to keep production in the US, while also providing tax revenue. They are win win.

    There's an economic argument against tariffs, I get that. But the stability and national security they provide far outweighs the economic risks.
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  • Posted by $ Olduglycarl 6 years, 9 months ago
    Interesting...Upon learning about EMP's and CME's I wondered if a business that could rebuild blown electronics would be viable.
    The thought actually came when I had an electronic part fail in our refrigerator that was no longer available...couldn't we just replace the diodes, etc or what ever was the problem?

    I'm sure that a non-working piece of electronic equipment still has some good working parts in it.

    We used to joke in the car stereo business about Audiovox stereo equipment being made from used electronic parts because no to radios performed the same.
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  • Posted by term2 6 years, 9 months ago in reply to this comment.
    Reminds me of hank rearden hiring Wesley mouch to “get things through” the government. The real purpose of the fda regulation of medical devices was to expand fda powers by securing the backing of large companies who want to restrict competition
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  • Posted by term2 6 years, 9 months ago in reply to this comment.
    But if micron developed intellectual property and wanted to trade it for access to Chinese market- isn’t that THEIR fault? Doesn’t sound like stealing to me.

    I can’t blame China for setting up the conditions for trade. Micron didn’t have to agree.

    I don’t c how tariffs will stop willing transactions between companies and China from occurring. The tariffs will be paid by USA consumers thru price increases to the benefit of the government coffers.

    Maybe USA companies should guard their intellectual property better instead
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  • Posted by $ 6 years, 9 months ago in reply to this comment.
    Trump is playing a dangerous game of chicken with the tariff situation. Putting tariffs on some things might make them the other countries sweat for a while before getting them to face up to reality, but ... can producers like us wait that long? Morally, he can claim the high ground, but his actions of doing the opposite in the short term of what you want in the long term kind of remind me of an Ayn Rand hero named John Galt.
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  • Posted by $ 6 years, 9 months ago in reply to this comment.
    Trump is playing a dangerous game of chicken with the tariff situation. Putting tariffs on some things might make them the other countries sweat for a while before getting them to face up to reality, but ... can producers like us wait that long? Morally, he can claim the high ground, but his actions of doing the opposite in the short term of what you want in the long term kind of remind me of an Ayn Rand hero named John Galt.
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  • Posted by $ 6 years, 9 months ago in reply to this comment.
    Actually, it is my partner who is the one who can get things through FDA. That is his specialty. He also has more money than my respectable amount.
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  • Posted by Dobrien 6 years, 9 months ago in reply to this comment.
    I am not talking about wire harnesses or low tech items. Certain technology like chips advance microprocessing . The attempt to purchase Micron technology was halted due to national security interests. For example.
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  • Posted by term2 6 years, 9 months ago in reply to this comment.
    I have been systematically buying relatively low technology parts and assemblies from Chinese companies for about 4 years now. My experience is that the Chinese entrepreneurs and workers are VERY dedicated and honest, at least from the dozen or so u have dealt with. THIS is why they have taken over from the relatively lazy American workers, in my experience anyway.

    I think they are industrious students of the internet and have learned a LOT from the free information in the internet. They are pit bulls and just work and work until they succeed

    I am a mechanical engineer, have learned a lot of electrical engineering and practical things over the years, started a number of successful companies, but I have to tell you I would be hard pressed to compete with the Chinese when making plastic moldings, metal parts, printed materials, textiles, etc. I doubt they stole any intellectual property to make what I buy from them

    If a company wants to sell to China, and they have to give up willingly their secrets to do it- that’s their choice. It’s not stealing

    I think a lot of trumps complaints are in response to big us companies trying to justify their laziness

    If we were in the gold standard, we wouldn’t have continuing trade deficits. It’s the lack of gold standard and the printing of US dollars that keeps the Chinese Juan from rising in value and making Chinese stuff assume it’s rightful costs relative to us goods.

    These are the problems that trump us trying to solve , but given he isn’t accepting the real causes, tariffs will fail as a solution. He would have to tariff all Chinese goods at 300% to have a shot at encouraging me to make here the parts I now buy from chins
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  • Posted by freedomforall 6 years, 9 months ago in reply to this comment.
    I've been restoring Carver solid state amps, but my business partner has 40 years of experience building and restoring tube amps. Together, we should have a tube preamp ready for market late this year. I'm also planning to build a kit tube amp when Bob Carver makes them available later this year.
    As you might have inferred by the topic I posted this morning
    https://www.galtsgulchonline.com/post...
    when it comes to speakers, I like Maggies. In contrast, my business partner has had lots of different speakers of more traditional design, but he loves his 30 year old Altec's and is always asking me why anyone would want less efficient speakers ;^) I agree Kloss and Klipsch were amazing inventors, too.
    Although I really wanted Maggies (they were out of my financial reach), I almost bought the original large Advents in '71, but settled for some more economical Dynaco's instead.
    I have been thinking about building some subwoofers to work with my Maggies, but haven't made the time yet.
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  • Posted by Dobrien 6 years, 9 months ago in reply to this comment.
    Speaking of China , The cost of labor is one of the issues another is the technology give away as an entrance to the market cost or the systematic theft of Intellectual property . Maybe Trumps tough stance on trade inequities to be used as a bargaining chip won't work. I'll give him the support to work his well honed skills as a negotiator till a better solution is derived.
    My 2 cents worth........Oh add 25% if you are Chinese
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  • Posted by term2 6 years, 9 months ago in reply to this comment.
    Congrats!! U get the hank rearden award for just sticking to it. For me the fda visits were my “John galt visit” and I said NO MORE
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  • Posted by term2 6 years, 9 months ago in reply to this comment.
    Another issue is that a lot of USA suppliers simply buy and resell stuff THEY buy from China at a substantial markup. For example, we buy trailer plug wire harnesses for 65 cents from China. To buy the same thing from a us dustributor, it costs $2.20.
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  • Posted by term2 6 years, 9 months ago in reply to this comment.
    I don’t think his tariffs will work unless they would be like 300%. Chinese stuff is generally 1/3 the cost of buying the same thing here in the usa
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  • Posted by $ 6 years, 9 months ago in reply to this comment.
    Fortunately, my nerve graft product has gotten the 510(k) application approval! You are quite right about FDA. I wouldn't have gone forward with the nerve graft project unless it could get 510(k).
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  • Posted by $ 6 years, 9 months ago in reply to this comment.
    Thoritsu, you probably remember Astro Too from your time in Melbourne. When Roger retired, he sold Astro Too to my other friend, John, who renamed it MRAM (but still has Astro Too signage). I am sure that John has amps, speakers, and components. I saw them yesterday.
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  • Posted by $ 6 years, 9 months ago in reply to this comment.
    Yes, but at what cost to ourselves? This is why I have been teetering way too close to the "shrug line" for too long.
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  • Posted by $ Thoritsu 6 years, 9 months ago in reply to this comment.
    Do you do tube amps, speakers, or components? I build speakers for a hobby, and along your lines, just refurbed a pair of Advent Legacies. Love those things. Henry Kloss and Paul Klipsch were awesome!
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