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Well we're not sure exactly whether the president elect is going to raise taxes on the rich right away or wait until the bush tax cuts expire.
We are sure that Magic Johnson is rich.
And he would get hit very very hard if those tax -- happened.
But he supports Barack Obama that Tiki is here his new book is -- 32 ways to be a champion in business.
Let me say that first hopes to be extremely well well com.
Good value thank you very much they are not so good to see you.
-- unless the story.
You and your wife crying election night and I didn't know whether it was just to light that -- minority was going to be going to the White House or those tech specs.
Wedding but think with first starwood African American vehemently that the better because Barack Obama president elect Barack Obama.
It just was amazing.
Historical night and my wife and I and Sam Jackson his -- everybody we've just so cried together and what historical evening.
I don't mind him raising taxes but I think that the first thing we gotta do is give people back to work.
Because with so if you had your Brothers did you would.
Pushed back the tax yes -- will that's the message forgetting that he -- might do that.
It was important because the number one thing is how we move America forward.
And how -- we do that is jobs right now.
What we've lost but a 100000 they -- many many more before the end of the year.
So we'll probably be a million people out of work before the end of January before he takes office.
So if then how -- we also get their economy going.
And and then you can always raise taxes after that because small business owners like myself or be an effective.
Because we lose and same store store sales.
Foot traffic coming in our businesses and -- -- been affected I know everybody else is being affected as well so let's get their economy going.
And then like us I don't mind them raising taxes output but in the book and.
-- -- I chatted with two over the years -- every business with which you've been involved.
Paraphrasing here but you -- just gotta be an end game and and profit strategy.
And that the -- the rap against a lot of these bailouts for example magic and rescues loans whenever.
Is it does not appear to be an end game but everyone is so nervous just throw money at -- and let's see if something stance.
What you can't just stole money because if there's no strategy.
No new strategy and also of vision.
Where are we going okay we give you this money now what are you gonna do with -- first tell us the game plan to fight the automotive industry.
What's the game plan what are you going to do different to get to 25 billion but I fit.
Used helped relatives and friends that only a very personal style when you give them money on some -- tree just give considered an extent that we're gonna do it from anybody here.
I'm but you must have some conditions attached to always all right so.
Congress does not object to so Maria yes it bothers me because.
You talk about 700 billion dollars.
Banks tool whoever we give it to.
Can just say okay I got the money among gold business as usual the -- guys appear to get the same.
Well I'm hoping that they hold them accountable first by what is the strategy.
You need to change designs we need bill.
In terms of energy effect of cars electric cars we need greeting card we -- high grids.
Are you gonna do that and then when these smaller cars.
Because Jeff and I hope we don't do that -- I can't fit and it's long past but but.
My issue is we also need to get labor costs under control -- and I know that's something you look at your -- -- this is do you keep you love to get make everyone a millionaire but.
There are set costs and our auto cost are way higher than our competitors are no question about it and then when you look at so shouldn't the president elect Obama offensive president Obama -- of the American people in the including the unions who.
Support and say guys here's the reality that you go to war not doing it did you gotta work out a deal would everybody.
The union has to give.
And I'll -- and -- to the unions it's not and we made you the rock and then you -- us well.
Well yes but at the same time if you don't if you don't want the whole thing in the gore pondered you don't have to take concessions and make deals.
That may be you don't want to make right now to keep everybody work and -- what's the in game we want to keep everybody working and and if we have to.
Take less or give up something right and they should do that they inserted -- -- -- one of those consistent -- to have some -- it it's part of being the leader and you make tough choices if you had to.
Give any recommendation to your friend Barack Obama.
That first day that first week in office what would've done.
My first we would still be the plan to get America moving forward all about putting people to work it is it's got to be that way.
That's it right there because without that.
You can use it the united going to be able to do those type of things whether it's health care all of the other initiative should come after.
Putting people to work.
Real quickly we were talking and advertise so remember some of Americans do that that press conference back in 91 can.
What when you can view it talks about.
This is an aids issue of dealing with a lot of people were hurting for you a lot of supporters advertises left to right.
Still strong you're still here.
Is success the best revenge best of this.
Revisions to go out do show room be successful.
Also stay healthy.
First of all the Madison 11 drug when -- -- now thirty so us improve.
The awareness education about HIV and aids has improved and also.
I -- -- not a clean bill of health but you know.
It's clean as -- -- -- you can get this still got the virus lives in me but -- It's just wonderful -- -- -- on top of surfaced that but I still want to see you smiling when your taxes go up.
You could say hey you know yeah its.
Magic Johnson that he is going to be be up during the breaks and haven't.
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