Sunday, February 15, 2009

Risk Taker #2: Mark Cuban offers his own Stimulus Plan for Entrepreneurs (2/9/2009)

Risk Taker #2: Mark Cuban offers his own Stimulus Plan for Entrepreneurs (2/9/2009)

Here’s my response to the article I wrote entitled “Where have all the Risk-Takers gone?”, I decided to do a survey of financial risk-takers from history past who stepped in to save financial systems when markets were crashing.

Although Mark Cuban only posted this idea about a week ago, I think it's Brilliant! The best way to get this country's economy moving again, is to activate the self-interest of individuals to make money, which will generate economic activity from the ground up. The Federal Government has got it all wrong. They are throwing mountains of money at the problem trying to prop up failed institutions. If they would just invest 1% of the money they are giving away to corporations, to private entrepreneurs they would get the economy turned around in 6 months!

Read his proposal for yourself at: The Mark Cuban Stimulus Plan

No comments:

Post a Comment