Obama Tells Entrepreneurs “You Didn’t Build” Your Business

Discussion in 'Politics' started by sheda, Jul 21, 2012.

  1. SamGold

    SamGold

    The americans that voted that kenyan citizen into the US presidency decided for the rest. Enjoy the next 4 years of the same drivel.
     
    #11     Jul 21, 2012
  2. zdreg

    zdreg

    nonsense. nobody shells out millions for lame web ideas. vc funding is a shot in the dark with extremely outlandish possible returns
     
    #12     Jul 21, 2012
  3. "If I have seen further it is by standing on the shoulders of giants." -- Isaac Newton
     
    #13     Jul 21, 2012
  4. This is not true. Venture capitalists will talk to anyone, provided they sound competent and have some background. The world is not that shut off to innovators. In fact, they are desperate for true innovators and the next big idea.
     
    #14     Jul 21, 2012
  5. #15     Jul 21, 2012
  6. jem

    jem

    there are two types of americans, people with the work ethic and a desire to accomplish and govt suckers.

    1. first of all obama didn't build that govt which built the roads the constitution and the rule of law did with business tax dollars did.

    2. govt does not build business - people who risk their brainpower, time and money do.

    3. This taleb stuff has gone way to far. Not every success is random luck or because someone built it for you. Far from it. The point of Talebs book is to know that you should be aware. We had a bunch of goofy people on et a few years ago arguing that winning wimbledon or the super bowl a few times can't be distinguished from randomness. That too me is a complete misunderstanding of how the universe works.

    When you project out a business... you leave some room to make dynamic adjustments for future info and events. You know thimgs will be different... but that does not mean your success was random... it means you built something capable of dynamic adjustment.
     
    #16     Jul 21, 2012
  7. piezoe

    piezoe

    Your pithy words express what surely must be the thinking of the majority of U.S. voters, many of whom are not registered with either party and call themselves independents.

    U.S. voters are repeatedly faced with choosing the least worst, rather than the best, candidate. It's a shame.

    One side or the other may propose what could be effective legislation to address a problem. To get the other side on-board compromises must be made. Nearly always, it seems, the compromise protects narrow interests at the expense of overall efficacy. This happens over and over again and has resulted in one law after another that falls short of solving the problem it was intended to solve. We get more rules and expense without a commensurate benefit.

    Examples: ACA , and Dodd-Frank. Now we hear that Eric Cantor inserted language into a House Bill that would exempt wives of congressmen from having to comply with legislation to stop insider trading by congressmen.

    Is it is time to burn the Constitution and start over?
     
    #17     Jul 21, 2012
  8. piezoe

    piezoe

    When you get a spare moment, look up the word "metaphor."
     
    #18     Jul 21, 2012
  9. Trend Following

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    +1
     
    #19     Jul 21, 2012
  10. The difference is that the other people who helped build the business voluntarily agreed to do so, usually in exchange for wages or other financial consideration. So, these other people who helped build it have already been paid for their work - they have no further claim, they're even. That means the business as it stands belongs to the shareholders - not to the employees, not to the government (who never got any agreement before taking their cut by force), or anyone else.
     
    #20     Jul 21, 2012