June 29, 2013
Rent seekers are people who look to skim and profit off of other peoples hard work by grabbing important assets and renting them out. This is actually the source of the economic problems around the world today – bankers, patent holders and other rent seekers, skimming off the real economy made up of entrepreneurs and employees.
… Rent seekers do not add to societies, they skim and steal, much like mafia thugs who collect protection money.
Don’t fall for domain name rent seekers.
The rent seeker leeches have now found their way into domain names, where these nefarious characters will buy up a bunch of domains (probably having paid $8.99 each) and then will try to rent them out to unaware entrepreneurs/startups at some ridiculous cost.