everything and helped me out. i d call him almost every day for the first year, but got to figure it out, and i knew from the beginning that i had to be different than the other guys. there was a couple independent pawnshops in town. most of them owned by really large chains. most people don t realize there is one chain of pawnshops in the united states with a thousand stores and another with a thousand stores, so i realized quickly you can t go head-to-head with walmart, i had to be tiffany s. in the early 90s, i made it like always got to be a picasso on the wall. this place has to be immaculately clean, just the best employees, everything better than everybody else. mark: did you make money from day one? basically, yeah. i mean, it was a struggle because when you start a pawnshop, you are loaning out money all the time. when you first start, you are loaning out money and not
a corporation, but a corporation in itself can t be bad. and you wouldn t have that cell phone without a corporation, you wouldn t have a car without a corporation, you wouldn t have the power on at your house without a corporation. corporations are one of the greatest inventions of all time, a way to combine capital without any risk above and beyond the amount of capital, and to create wealth. there s not a single person that can come up with the money to start a massive car company. he s going to have to get on market to get money, but this doesn t taught to anybody or kids. all they re taught is corporations are evil. they go to college and basically told by the liberal professors that have never lived in the real world, everything should be free, and like margaret thatcher said, socialism is great until you run out of other people s money. it has never worked. all it does is the socialists
but socialism is it sounds so great, though. that s why people embrace it. the government is going to pay for everything? sounds great. economically it can t happen. mark: do you think more and more people have difficulty dealing with liberty? liberty. freedom to fail. to succeed. to go through the and be whomever you want to be. do you think too many people are afraid of doing that or don t comprehend what it means to be a free person? i think they comprehend it and we re raising an entire generation that gets a participation trophy. mark: what about our generation that runs the government, and our generation that push thes agenda? chuck schumer, he s our generation, nancy pelosi, is a generation beyond, but you get the point. i truly believe that if
they have more oil than saudi arabia and can t make money off the oil and gas system. mark: they don t have stuff to give anybody. the average venezuelan lost 15 pounds last year because of food shortages. that s what socialism leads to. mark: what does socialism create? products? wealth? or redistribute what other people create? it creates a system where there s in capitalism, it s survival of the fittest. that s why this car company is competing every car company is trying make a better car because people are going to buy the best car. when you have socialism everything is ran by the government. they don t care if the car is any good. it s the only car. that s what you get, and so socialism mark: obamacare? similar? yeah, similar. mark: what has obamacare done
i think he s doing an amazing job. mark: you re a big fan of his. a big fan of his. i don t agree with everything he does. ed koch had a great line running for mayor in new york. believe in nine out of 12 things you vote for me, if you believe in 12 out of 12 have, your head examined. [laughter] as far as beating up on amazon and online businesses. mark: amazon is successful because people use it, otherwise it wouldn t be there, would it? like the argument that walmart was beating up on the grocery stores. grocery stores got the mom-and-pop small grocery stores out of business, there used to be general, like the general store in town. it s an evolution of business, and in the end, we all have a better life because of it. mark: because, is it not true that a capitalist economy is a dynamic vibrant economy, and competition creates different