Today’s post is written by CLN’s Senior Editor, L. David Sikes. Mr. Sikes is a businessman and former public company CEO, serving on several boards of start-up companies. He has a keen interest in left-of-center politics, and provides comedic insight and unique perspective to Center Left Nation.
SPRINGING OUT OF POVERTY by L. David Sikes
Newt Gingrich has come up with what I think is one of the greatest ideas to assist the poor and unemployed people of this country of ours. He has recently suggested that we should get rid of the safety-net for the poor and replace it with trampolines so they could spring into the middle class. Since the number of people living below the poverty line is historically the largest ever, in both number and percentage of population, we are going to need a lot of trampolines.
I am therefore announcing the formation of a new start-up company, The L. David Jumpers Co., Ltd., with the expressed plan to manufacture millions of trampolines right here in the U.S. of A. This will serve two purposes: one, to provide the necessary trampolines for the poor to escape poorism by springing into the middle class; and two, to revitalize the manufacturing base in our country.
Having spent the last 12 years of my life working with entrepreneurs and start-ups, I know a good thing when I see it. I will be raising money for this venture. If you would like to participate, I plan to raise $100M to build a manufacturing facility here on the coast just south of Half Moon Bay. This investment will provide you with a 10% stake in my $1B company. I am already working on the S-1 for our IPO which I expect to occur in the early part of 2013. Due to the overwhelming interest level from just close friends, please respond immediately if you want to invest, as we will be conducting a lottery to determine who gets in on this deal.
You gotta get in on this ONE!!!!
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