Thread: horse owners
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Old 11-11-2006, 05:35 PM
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Steve Byk
 
Join Date: May 2006
Location: Greenwich, NY
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Quote:
Originally Posted by oracle80
I'm not talking about the Sheikhs retiring Bern, they obviously could do without the money. But why should a guy whose pumped a lotta money into the business who has lost(like most do) resist his or her chance to get even? Or less behind?
Absolutely.. No argument there at all. For small-medium sized operations especially (Someday Farm.. Cash is King.. etc..), it is perfectly logical and justifiable in fact...

This all gets back to the earlier economic issues which you've talked about before when the tax incentives evaporated in the '80's and the entire structure of the ownership system remorphed into what we have now...

The end of the 'gentleman farmer'.. 'historical family breeder', et al...
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