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Comments by "" (@walperstyle) on "Mark Cuban: Only Morons Start a Business on a Loan" video.
I wouldn't mind making 10% for an Idea for the rest of my life. I have thousands of great ideas. I can't physically produce all the results myself. 10% ROI for doing nothing, better return than the socialist Canada Pension Plan.
31
Ping Pong It doesn't matter really as long as people are making money. Being upset at how someone makes more money, is just envy. Lame really.
30
Its like this. I just sold a property for $300,000 to a friend. I don't doubt that in 10 years it will be worth nearly $800,000. But this is because I know my friend has more ambition to build a proper house on the location. I don't feel the need to slander him 10 years from now because I wasn't capable of being the right person for the job. Idea or not, it takes ambition to get things done. ...ideas are nothing, people with skills are everything. This is why there is a huge skills gap in the US> It lacks people that create. #stopsocialism
22
Socialists believe there is one pie that we all share from. Capitalists bake more pies.
8
its not free healthcare though. You don't get it...
5
False. Free enterprise does not allow the government to get involved in business. Monopolies exist because government favors some over others. Look at every monopoly and the regulations that protect them. What if I told you that 'safety' 'labour laws' 'trade schemes' and 'tax breaks' or 'bail outs' create monopolies... get government out of business! Then you have free enterprise, and free market capitalism.
4
Blew I'm a well off moron who will disappear overseas the more you try to tax me.
4
I like every part of your story minus the part of being part of the Chamber of commerce. You were receiving tax dollars during that time, as well as knew of developments that the state was building ahead of the public didn't you?
3
Sorry, I mistook your ecommerce with 'chamber of commerce' of which we have here in Canada. Its usually filled with some of the most corruption I've ever seen. We have local politicians that buy an electric car, and then use taxes to put in electric charging stations, or get a patio built in front of their businesses for customers that is maintained by city workers. I did not mean to judge. I've seen everything in Socialist Canada...
3
I would like to start a brewery, but up here, they not only increased corporate tax rate by 2%, they also added another tax onto the sale of Alcohol. (this is besides the heavy regulations on trade and inter-provincial (state) trade. What ever happened to the good days when I could literally brew in my garage and sell to people that voluntary buy my product, so I can easily fund a real venture? Instead of putting my house on the line.
3
You have some 'free states' though that still look mighty appealing for someone like myself who wants to get into building a business, but has so many trade cartels/government bureaucrats to deal with up here.
2
Wages, if dictated by government, actually drive up the cost of goods. This is the rat race that the western world has been doing for years, only worse, they have central bankers protected by regulation that borrow money on top of the problem. sigh... sad that people these days have no clue what Capitalism is.
2
If you can avoid loans, that is good. The Keynesian style banking system wants you to be under their debt control.
2
You have to take a loan to start a business in communist USA. The regulations, bylaws and other costs are driven up so high that it makes it impossible for anyone to enter the business world. That said, Instead of taking a loan, I would rather Government just got out of the way. Bylaws don't make people safe.
2
Capitalism is the voluntary exchange between people. The price is set by mutual agreement between buyer and seller, otherwise the deal does not go through. THere is absolutely no other way to do business by introducing a bully 3rd party collectivist theory into the mix. Collectivism is electing someone to determine the value of goods and services. This is not morally superior as no one person should have that right, therefore, capitalism is the best. Note: Please know the difference between Capitalism and Corporatism. Corporatism was created because of government involvement in something that should be controlled by individuals instead, and thus, you get problems in the market.
2
Jake Collier I have. Reading comprehension bro.
1
You have not run a business. It shows.
1