HE’S SAYING GET ON WITH
REOPENING THE ECONOMY.
REOPENING THE ECONOMY.
JOINING US NOW IS MARK CUBAN,
JOINING US NOW IS MARK CUBAN,
WHO IS PART OF THIS COMMISSION
WHO IS PART OF THIS COMMISSION
OR ADVISORY GROUP AND MARK,
OR ADVISORY GROUP AND MARK,
WELCOME TO THE PROGRAM.
WELCOME TO THE PROGRAM.
IT’S GREAT TO HAVE YOU WITH US.
IT’S GREAT TO HAVE YOU WITH US.
>> THANKS FOR HAVING ME.
>> THANKS FOR HAVING ME.
STUART: WE HAD AN ECONOMIST ON
STUART: WE HAD AN ECONOMIST ON
THE PROGRAM WHO SAID LOOK,
THE PROGRAM WHO SAID LOOK,
YOU’VE GOT TO START, AT LEAST
YOU’VE GOT TO START, AT LEAST
START TO REOPEN THIS ECONOMY
START TO REOPEN THIS ECONOMY
PRETTY QUICKLY BECAUSE IF YOU
PRETTY QUICKLY BECAUSE IF YOU
DON’T, THE HUMAN CATASTROPHE
DON’T, THE HUMAN CATASTROPHE
FROM THE DEPRESSION WHICH WE ARE
FROM THE DEPRESSION WHICH WE ARE
RAPIDLY ENTERING WILL BE
RAPIDLY ENTERING WILL BE
ABSOLUTELY CATASTROPHIC.
ABSOLUTELY CATASTROPHIC.
ARE YOU ON BOARD WITH OPENING,
ARE YOU ON BOARD WITH OPENING,
REOPENING THE ECONOMY AS FAST AS
REOPENING THE ECONOMY AS FAST AS
POSSIBLE?
POSSIBLE?
>> THAT’S KIND OF SUBJECTIVE,
>> THAT’S KIND OF SUBJECTIVE,
THOUGH, BECAUSE WHAT I’M ON
THOUGH, BECAUSE WHAT I’M ON
BOARD WITH IS MAKING SURE I
BOARD WITH IS MAKING SURE I
DON’T PUT MY EMPLOYEES AT RISK.
DON’T PUT MY EMPLOYEES AT RISK.
THEIR SAFETY IS PARAMOUNT TO
THEIR SAFETY IS PARAMOUNT TO
ANYTHING THAT I DO AND SO IF
ANYTHING THAT I DO AND SO IF
THAT’S TOMORROW, THREE WEEKS,
THAT’S TOMORROW, THREE WEEKS,
THREE MONTHS, THAT’S WHAT I’M
THREE MONTHS, THAT’S WHAT I’M
GOING TO DO.
GOING TO DO.
THERE’S JUST NOTHING MORE
THERE’S JUST NOTHING MORE
IMPORTANT TO ME.
IMPORTANT TO ME.
STUART: SO YOU ARE GOING WITH
STUART: SO YOU ARE GOING WITH
HEALTH CONCERNS RATHER THAN
HEALTH CONCERNS RATHER THAN
ECONOMIC CONCERNS.
ECONOMIC CONCERNS.
YOUR PRIORITY IS HEALTH, RIGHT?
YOUR PRIORITY IS HEALTH, RIGHT?
>> WITHOUT QUESTION.
>> WITHOUT QUESTION.
I MEAN, LOOK, MY EMPLOYEES
I MEAN, LOOK, MY EMPLOYEES
HOPEFULLY TO SOME EXTENT ARE
HOPEFULLY TO SOME EXTENT ARE
FAMILY AND I WOULDN’T ASK THEM
FAMILY AND I WOULDN’T ASK THEM
TO DO ANYTHING THAT I WOULDN’T
TO DO ANYTHING THAT I WOULDN’T
ASK MY FAMILY TO DO.
ASK MY FAMILY TO DO.
NOW, THAT SAID, I’M A CAPITALIST
NOW, THAT SAID, I’M A CAPITALIST
THROUGH AND THROUGH.
THROUGH AND THROUGH.
I’M AN ENTREPRENEUR.
I’M AN ENTREPRENEUR.
I TRY TO BE AN INNOVATOR.
I TRY TO BE AN INNOVATOR.
I THINK WE WILL BE ABLE TO
I THINK WE WILL BE ABLE TO
CREATE NEW OPPORTUNITIES AND THE
CREATE NEW OPPORTUNITIES AND THE
WAY WE DID BUSINESS BEFORE
WAY WE DID BUSINESS BEFORE
PROBABLY IS GOING TO CHANGE.
PROBABLY IS GOING TO CHANGE.
SO WHATEVER THAT DAY IS WHEN THE
SO WHATEVER THAT DAY IS WHEN THE
DOORS OPEN, EVERY ENTREPRENEUR
DOORS OPEN, EVERY ENTREPRENEUR
IN THIS COUNTRY IS GOING TO TRY
IN THIS COUNTRY IS GOING TO TRY
TO FIND A BETTER WAY TO DO
TO FIND A BETTER WAY TO DO
BUSINESS.
BUSINESS.
SO WHILE I DON’T THINK WE CAN
SO WHILE I DON’T THINK WE CAN
JUST RECREATE WHAT WE DID
JUST RECREATE WHAT WE DID
BEFORE, I DO THINK WE ARE GOING
BEFORE, I DO THINK WE ARE GOING
TO BE ABLE TO CREATE AN AMERICA
TO BE ABLE TO CREATE AN AMERICA
2.0 WHERE WE DO THINGS BETTER,
2.0 WHERE WE DO THINGS BETTER,
WE DO THINGS A LITTLE BIT
WE DO THINGS A LITTLE BIT
SMARTER AND WE TAKE INTO
SMARTER AND WE TAKE INTO
CONSIDERATION THE HEALTH
CONSIDERATION THE HEALTH
CONCERNS BECAUSE I DO AGREE THAT
CONCERNS BECAUSE I DO AGREE THAT
SIGNIFICANT ECONOMIC TOLL HAS
SIGNIFICANT ECONOMIC TOLL HAS
SIGNIFICANT HEALTH CONSEQUENCES.
SIGNIFICANT HEALTH CONSEQUENCES.
IF PEOPLE CAN’T GET TO
IF PEOPLE CAN’T GET TO
HOSPITALS, IF PEOPLE, YOU KNOW,
HOSPITALS, IF PEOPLE, YOU KNOW,
SUFFER FROM DEPRESSION, COMMIT
SUFFER FROM DEPRESSION, COMMIT
SUICIDE, THOSE ARE HORRIFIC
SUICIDE, THOSE ARE HORRIFIC
ENDINGS SO WE ARE GOING TO HAVE
ENDINGS SO WE ARE GOING TO HAVE
TO INNOVATE.
TO INNOVATE.
WE CAN’T BE DOGMATIC ABOUT THIS
WE CAN’T BE DOGMATIC ABOUT THIS
AND SAY WE ARE OPEN OR WE’RE
AND SAY WE ARE OPEN OR WE’RE
CLOSED.
CLOSED.
WE’VE GOT TO RELY ON THAT
WE’VE GOT TO RELY ON THAT
ENTREPRENEURIAL SPIRIT AND SAY
ENTREPRENEURIAL SPIRIT AND SAY
LET’S FIND A BETTER WAY.
LET’S FIND A BETTER WAY.
STUART: YOU ARE THE OWNER OF THE
STUART: YOU ARE THE OWNER OF THE
DALLAS MAVERICKS.
DALLAS MAVERICKS.
EVERYBODY KNOWS THAT.
EVERYBODY KNOWS THAT.
DR. FAUCI SAID EARLIER THIS
DR. FAUCI SAID EARLIER THIS
MORNING THAT SPORTS DOESN’T
MORNING THAT SPORTS DOESN’T
START UP AGAIN THIS SUMMER
START UP AGAIN THIS SUMMER
UNLESS, UNLESS FANS ARE BANNED.
UNLESS, UNLESS FANS ARE BANNED.
WHAT DO YOU SAY TO THAT?
WHAT DO YOU SAY TO THAT?
>> I’M OKAY WITH IT.
>> I’M OKAY WITH IT.
I REALLY AM.
I REALLY AM.
I THINK THE NBA HAS A MORAL
I THINK THE NBA HAS A MORAL
OBLIGATION TO COME BACK AS SOON
OBLIGATION TO COME BACK AS SOON
AS WE CAN AND BECAUSE PEOPLE
AS WE CAN AND BECAUSE PEOPLE
NEED SPORTS, WE NEED SOMETHING
NEED SPORTS, WE NEED SOMETHING
TO CHEER FOR, SOMETHING TO GET
TO CHEER FOR, SOMETHING TO GET
BEHIND COMMUNALLY.
BEHIND COMMUNALLY.
ALL THE PEOPLE ROOTING IN NORTH
ALL THE PEOPLE ROOTING IN NORTH
TEXAS FOR THE DALLAS MAVERICKS,
TEXAS FOR THE DALLAS MAVERICKS,
THE DALLAS COWBOYS, THAT’S
THE DALLAS COWBOYS, THAT’S
IMPORTANT.
IMPORTANT.
IF IT MEANS NOT HAVING FANS AND
IF IT MEANS NOT HAVING FANS AND
JUST STREAMING IT, BROADCASTING
JUST STREAMING IT, BROADCASTING
THE GAMES ON TELEVISION, I’M ALL
THE GAMES ON TELEVISION, I’M ALL
FOR IT BECAUSE IT’S GOOD FOR THE
FOR IT BECAUSE IT’S GOOD FOR THE
PSYCHE.
PSYCHE.
FOR ALL THE REASONS WE TALKED
FOR ALL THE REASONS WE TALKED
EARLIER ABOUT THE SIDE EFFECTS
EARLIER ABOUT THE SIDE EFFECTS
OF AN ECONOMIC DEPRESSION AND
OF AN ECONOMIC DEPRESSION AND
NOT MOVING FORWARD, WE WANT TO,
NOT MOVING FORWARD, WE WANT TO,
YOU KNOW, HAVING SPORTS WILL
YOU KNOW, HAVING SPORTS WILL
HELP US DEAL WITH THAT, WILL
HELP US DEAL WITH THAT, WILL
HELP US DEAL WITH THOSE NEGATIVE
HELP US DEAL WITH THOSE NEGATIVE
SIDE EFFECTS AND GIVE PEOPLE
SIDE EFFECTS AND GIVE PEOPLE
SOMETHING TO GET EXCITED ABOUT.
SOMETHING TO GET EXCITED ABOUT.
STUART: AS I UNDERSTAND IT, THE
STUART: AS I UNDERSTAND IT, THE
NBA DOES HAVE A PLAN, LIKE A
NBA DOES HAVE A PLAN, LIKE A
25-DAY PROGRAM BEFORE A VERY
25-DAY PROGRAM BEFORE A VERY
SHORT SEASON.
SHORT SEASON.
ARE YOU ON BOARD WITH THAT?
ARE YOU ON BOARD WITH THAT?
>> I DON’T KNOW THE DETAILS YET.
>> I DON’T KNOW THE DETAILS YET.
YOU KNOW, ALL I KNOW IS WE ARE
YOU KNOW, ALL I KNOW IS WE ARE
GOING TO HAVE A CALL HERE
GOING TO HAVE A CALL HERE
SHORTLY TO DISCUSS IT AND THAT
SHORTLY TO DISCUSS IT AND THAT
THE COMMISSIONER ADAM SILVER
THE COMMISSIONER ADAM SILVER
SAID YOU KNOW, HE’S NOT REALLY
SAID YOU KNOW, HE’S NOT REALLY
GOING TO ENTERTAIN ALTERNATIVES
GOING TO ENTERTAIN ALTERNATIVES
UNTIL MAY 1st.
UNTIL MAY 1st.
IT’S JUST THE CIRCUMSTANCES
IT’S JUST THE CIRCUMSTANCES
WE’RE IN, THERE’S SO MUCH
WE’RE IN, THERE’S SO MUCH
IMPERFECT INFORMATION.
IMPERFECT INFORMATION.
SOMETIMES JUST BEING PATIENT IS
SOMETIMES JUST BEING PATIENT IS
THE BEST WAY TO GO.
THE BEST WAY TO GO.
I THINK THAT’S THE APPROACH THE
I THINK THAT’S THE APPROACH THE
NBA HAS TAKEN.
NBA HAS TAKEN.
STUART: YOU HAVE HINTED ABOUT
STUART: YOU HAVE HINTED ABOUT
RUNNING FOR THE PRESIDENCY.
RUNNING FOR THE PRESIDENCY.
YOU WANT TO TELL US MORE?
YOU WANT TO TELL US MORE?
>> YEAH.
>> YEAH.
THERE’S NOT A LOT MORE TO SAY.
THERE’S NOT A LOT MORE TO SAY.
RIGHT NOW, I’M SUPPORTING THE
RIGHT NOW, I’M SUPPORTING THE
PRESIDENT.
PRESIDENT.
I’M HERE TO HELP HIM ON HIS
I’M HERE TO HELP HIM ON HIS
COUNCIL.
COUNCIL.
WHATEVER I CAN DO AS AN AMERICAN
WHATEVER I CAN DO AS AN AMERICAN
CITIZEN, I’M ALL IN.
CITIZEN, I’M ALL IN.
YOU KNOW, THIS IS A UNIQUE TIME
YOU KNOW, THIS IS A UNIQUE TIME
AND I GIVE THE PRESIDENT CREDIT
AND I GIVE THE PRESIDENT CREDIT
FOR ASKING FOR HELP AND HE
FOR ASKING FOR HELP AND HE
CALLED MY NAME AND I’M READY TO
CALLED MY NAME AND I’M READY TO
STEP UP TO THE PLATE AND HELP.
STEP UP TO THE PLATE AND HELP.
STUART: IF YOU DID RUN FOR THE
STUART: IF YOU DID RUN FOR THE
PRESIDENCY, AS AN INDEPENDENT, I
PRESIDENCY, AS AN INDEPENDENT, I
CAN SEE YOU SMILING HERE, IF YOU
CAN SEE YOU SMILING HERE, IF YOU
DID, I KNOW THIS IS A
DID, I KNOW THIS IS A
HYPOTHETICAL BUT IF YOU DID, YOU
HYPOTHETICAL BUT IF YOU DID, YOU
KNOW THAT WOULD SPLIT THE VOTE
KNOW THAT WOULD SPLIT THE VOTE
BETWEEN THE DEMOCRAT AND THE
BETWEEN THE DEMOCRAT AND THE
INDEPENDENT AND YOU WOULD USHER
INDEPENDENT AND YOU WOULD USHER
IN A SECOND TERM FOR PRESIDENT
IN A SECOND TERM FOR PRESIDENT
TRUMP, WOULDN’T YOU?
TRUMP, WOULDN’T YOU?
>> NOT NECESSARILY.
>> NOT NECESSARILY.
I MEAN, YOU KNOW, I’M VERY
I MEAN, YOU KNOW, I’M VERY
CONSERVATIVE ON A LOT OF
CONSERVATIVE ON A LOT OF
ECONOMIC FRONTS AND SO IF AND
ECONOMIC FRONTS AND SO IF AND
WHEN I DID, AGAIN, IT’S A LONG,
WHEN I DID, AGAIN, IT’S A LONG,
LONG, LONG SHOT, AND I WOULD
LONG, LONG SHOT, AND I WOULD
ROOT AGAINST IT RIGHT NOW OR BET
ROOT AGAINST IT RIGHT NOW OR BET
AGAINST IT RIGHT NOW, BUT I
AGAINST IT RIGHT NOW, BUT I
THINK A LOT OF CONSERVATIVES
THINK A LOT OF CONSERVATIVES
WOULD BE VERY INTERESTED IN WHAT
WOULD BE VERY INTERESTED IN WHAT
I HAVE TO SAY ON THE ECONOMIC
I HAVE TO SAY ON THE ECONOMIC
SIDE.
SIDE.
STUART: OKAY.
STUART: OKAY.
WOULD YOU TELL US WHAT YOU’VE
WOULD YOU TELL US WHAT YOU’VE
GOT TO SAY ON THE ECONOMIC SIDE?
GOT TO SAY ON THE ECONOMIC SIDE?
GO AHEAD.
GO AHEAD.
THIS IS AN ECONOMIC PROGRAM.
THIS IS AN ECONOMIC PROGRAM.
>> WELL, I WILL TELL YOU RIGHT
>> WELL, I WILL TELL YOU RIGHT
OFF THE BAT, WHAT I WOULD DO, I
OFF THE BAT, WHAT I WOULD DO, I
DON’T KNOW THAT THE PPP PROGRAM
DON’T KNOW THAT THE PPP PROGRAM
AND SBA PROGRAMS ARE WORKING OR
AND SBA PROGRAMS ARE WORKING OR
WHAT WE ARE DOING TO TRY TO GET
WHAT WE ARE DOING TO TRY TO GET
BUSINESSES BACK WILL WORK.
BUSINESSES BACK WILL WORK.
I JUST THINK THERE WERE A LOT OF
I JUST THINK THERE WERE A LOT OF
THINGS THAT CREATE TOO MUCH
THINGS THAT CREATE TOO MUCH
FRICTION.
FRICTION.
I WOULD WORK WITH THE FED AND
I WOULD WORK WITH THE FED AND
TREASURY AND BANKS AND INSTALL
TREASURY AND BANKS AND INSTALL
AN OVERDRAFT PROTECTION PROGRAM
AN OVERDRAFT PROTECTION PROGRAM
AND THAT ALLOWS SMALL AND MEDIUM
AND THAT ALLOWS SMALL AND MEDIUM
SIZE BUSINESSES IN PARTICULAR TO
SIZE BUSINESSES IN PARTICULAR TO
CONTINUE BUSINESS AS USUAL.
CONTINUE BUSINESS AS USUAL.
SO RATHER THAN HAVING TO APPLY
SO RATHER THAN HAVING TO APPLY
FOR A LOAN, THEN POTENTIALLY
FOR A LOAN, THEN POTENTIALLY
HAVE THE BANKS GO THROUGH THEIR
HAVE THE BANKS GO THROUGH THEIR
APPROVAL PROCESS AND HAVE THE
APPROVAL PROCESS AND HAVE THE
TREASURY HAVE TO FUND THE BANK
TREASURY HAVE TO FUND THE BANK
AFTER THE FACT, BY JUST ALLOWING
AFTER THE FACT, BY JUST ALLOWING
SMALL BUSINESSES TO CONTINUE TO
SMALL BUSINESSES TO CONTINUE TO
WRITE CHECKS KNOWING THEY ARE
WRITE CHECKS KNOWING THEY ARE
NOT GOING TO BOUNCE, FOR
NOT GOING TO BOUNCE, FOR
SELECTED CATEGORIES, KNOWING
SELECTED CATEGORIES, KNOWING
THAT BANKS ALREADY HAVE FRAUD
THAT BANKS ALREADY HAVE FRAUD
ADMINISTRATION PROGRAMS IN
ADMINISTRATION PROGRAMS IN
PLACE, AND MONEY LAUNDERING
PLACE, AND MONEY LAUNDERING
PROGRAMS IN PLACE, I THINK WE
PROGRAMS IN PLACE, I THINK WE
COULD DO A FRICTION-FREE
COULD DO A FRICTION-FREE
APPROACH TO KEEPING THE ECONOMY
APPROACH TO KEEPING THE ECONOMY
OPEN.
OPEN.
I THINK THAT WOULD BE A HUGE
I THINK THAT WOULD BE A HUGE
STEP FORWARD.
STEP FORWARD.
I THINK WE HAVE TO START TALKING
I THINK WE HAVE TO START TALKING
ABOUT ROBOTICS BECAUSE WHEN WE
ABOUT ROBOTICS BECAUSE WHEN WE
GET BACK TO WORK, IF WE ARE
GET BACK TO WORK, IF WE ARE
REALLY GOING TO BRING
REALLY GOING TO BRING
MANUFACTURING BACK HERE, WE
MANUFACTURING BACK HERE, WE
CAN’T TRY TO RECREATE THE
CAN’T TRY TO RECREATE THE
MANUFACTURING OF THE PAST, WHERE
MANUFACTURING OF THE PAST, WHERE
WE PUT EVERYBODY IN ASSEMBLY
WE PUT EVERYBODY IN ASSEMBLY
LINES AND PRETEND THERE’S GOING
LINES AND PRETEND THERE’S GOING
TO BE A LOT OF MANUFACTURING
TO BE A LOT OF MANUFACTURING
JOBS.
JOBS.
WE HAVE TO INVEST AS A COUNTRY
WE HAVE TO INVEST AS A COUNTRY
IN ROBOTICS BECAUSE THAT’S THE
IN ROBOTICS BECAUSE THAT’S THE
WAY WE ARE GOING TO BE ABLE TO
WAY WE ARE GOING TO BE ABLE TO
BRING MANUFACTURING OVER HERE
BRING MANUFACTURING OVER HERE
AND BEAT THE PANTS OFF THE
AND BEAT THE PANTS OFF THE
CHINESE AT WHAT THEY DO BEST
CHINESE AT WHAT THEY DO BEST
WHICH IS LOW COST MANUFACTURING.
WHICH IS LOW COST MANUFACTURING.
SO BY HAVING A ROBOTICS TAX OF
SO BY HAVING A ROBOTICS TAX OF
SAY 12% WHICH MIMICS WHAT WE DO
SAY 12% WHICH MIMICS WHAT WE DO
FOR SOCIAL SECURITY TAXES, WE
FOR SOCIAL SECURITY TAXES, WE
CAN PUT 9% TO THE SOCIAL
CAN PUT 9% TO THE SOCIAL
SECURITY AND TREASURY FUND, 3%
SECURITY AND TREASURY FUND, 3%
REINVESTED INTO ROBOTICS AND
REINVESTED INTO ROBOTICS AND
ALLOW US TO REALLY CREATE AN
ALLOW US TO REALLY CREATE AN
AMERICA 2.0 THAT COMPETES
AMERICA 2.0 THAT COMPETES
GLOBALLY IN ROBOTICS AND
GLOBALLY IN ROBOTICS AND
ARTIFICIAL INTELLIGENCE AND
ARTIFICIAL INTELLIGENCE AND
REALLY ESTABLISHES US FOR WHO WE
REALLY ESTABLISHES US FOR WHO WE
ARE, AS THE LEADER ECONOMICALLY
ARE, AS THE LEADER ECONOMICALLY
IN THE WORLD.
IN THE WORLD.
YOU ASKED FOR TWO MINUTES.
YOU ASKED FOR TWO MINUTES.
THERE YOU GO.
THERE YOU GO.
STUART: NO, THAT WAS REAL GOOD
STUART: NO, THAT WAS REAL GOOD
STUFF.
STUFF.
THANK YOU VERY MUCH INDEED.
THANK YOU VERY MUCH INDEED.
IT’S RARE THAT WE GET A HIGH
IT’S RARE THAT WE GET A HIGH
PROFILE GUEST LIKE YOURSELF WHO
PROFILE GUEST LIKE YOURSELF WHO
ANSWERS SPECIFIC QUESTIONS IN A
ANSWERS SPECIFIC QUESTIONS IN A
SPECIFIC WAY.
SPECIFIC WAY.
YOU ARE A GOOD GUY, MARK CUBAN.
YOU ARE A GOOD GUY, MARK CUBAN.
I DON’T CARE WHAT THEY SAY.
I DON’T CARE WHAT THEY SAY.
>> I APPRECIATE IT.
>> I APPRECIATE IT.
STUART: HOLD ON.
STUART: HOLD ON.
WE HAVE A VIRTUAL TOWN HALL, YOU
WE HAVE A VIRTUAL TOWN HALL, YOU
ARE DOING IT WITH CHARLES PAYNE,
ARE DOING IT WITH CHARLES PAYNE,
NEXT THURSDAY ON FOX BUSINESS.
NEXT THURSDAY ON FOX BUSINESS.
RIGHT NOW, VIEWERS CAN E-MAIL
RIGHT NOW, VIEWERS CAN E-MAIL
THEIR QUESTIONS.
THEIR QUESTIONS.
I WILL GUARANTEE YOU ARE GOING
I WILL GUARANTEE YOU ARE GOING
TO GET A LOT OF QUESTIONS FROM
TO GET A LOT OF QUESTIONS FROM
OUR VIEWERS.
OUR VIEWERS.
I WANT TO THANK YOU VERY MUCH
