That was a great posting! Who wants to risk capital in this sort of environment. Massive regulations and high taxes on businesses, make moving over seas or playing golf, a positive option.
He also discussed CEOs of big companies, get a golden parachute if they are fired. Entrepreneurs get nothing if they fail. He should also point out big companies often get government bailouts, if they fail. Small start up companies get a big fat flying F-All, if they fail.
Ideas, innovations, and entrepreneurs, are the starting points of the US economy. Without entrepreneurs taking risks, the US economy is in deep doo-doo.
That was a great posting! Who wants to risk capital in this sort of environment. Massive regulations and high taxes on businesses, make moving over seas or playing golf, a positive option.
ReplyDeleteHe also discussed CEOs of big companies, get a golden parachute if they are fired. Entrepreneurs get nothing if they fail. He should also point out big companies often get government bailouts, if they fail. Small start up companies get a big fat flying F-All, if they fail.
Ideas, innovations, and entrepreneurs, are the starting points of the US economy. Without entrepreneurs taking risks, the US economy is in deep doo-doo.
Classic example of going Galt.
ReplyDelete