Cuban, the billionaire proprietor of the NBA’s Dallas Mavericks, shared his views throughout an look on Fox News’ “Watters’ World” on Saturday evening.
MAVERICKS OWNER MARK CUBAN HAS NO TIMETABLE FOR NBA RETURN BUT CONCEDES ‘AMERICA NEEDS SPORTS’
“I would have set up overdraft protections for every single business,” Cuban advised host Jesse Watters. “The method we’re doing it now, and attempting to have all people apply for a mortgage, that simply provides friction to the method.
“And the same with the $1,200 stimulus checks,” Cuban continued. “It’s not that it is a dangerous program. It’s a great program at the moment. But if I’d have finished slightly bit completely different. So successfully, in case you have a small- or medium-sized enterprise, we’d simply cowl all of your checks after which the Fed would reimburse your native financial institution for something that you simply bounce.
“That way, you could keep all your employees employed, pay all your bills, pay your mortgage, pay your rent and utilities, and things can continue, somewhat at least, as normal,” Cuban mentioned.
Watters requested Cuban what points of U.S. life he expects to see altered on account of the pandemic.
“Everything,” Cuban mentioned.
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“When we get to the other side, you know, I’ve been calling it America 2.0. We’re going to see what’s in front of us,” Cuban mentioned. “We actually do not know what to anticipate, what’s on the opposite facet. But what I do know is that in this nation, all of the entrepreneurs that you simply referred to, all of the capitalists that exist right here … there isn’t any higher nation.
“We really don’t know what to expect, what’s on the other side. But what I do know is … there is no better country.”
“There’s no other country I’d rather be in. Because I know whatever we find out there, companies are going to be invented. Entrepreneurs are going to adapt. United States of America, our people are going to adapt.”
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Cuban then referred to as on leaders to “step up.”
“I don’t care what the media says. I don’t care what the politicians say. I care about what I can do to help. I care about others that can help,” Cuban mentioned. “And whether it’s [MyPillow CEO] Mike Lindell, myself, whoever, this is a time when leaders need to step up and do what’s right to help their employees try to turn this thing around.”