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Kiss co-founder Gene Simmons on the problems with Facebook’s IPO, his company’s hiring of veterans and how Obama has done as President.
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They've got -- Fox Business -- learning you know what this the real the zucker -- heavily this story SEC filings show that Mark Zuckerberg.
He's thirty sold thirty million shares worth that FaceBook stock that's worth more than a billion box.
And is not exactly showing confidence in his own brand of my next guest is a legendary rocker who knows a thing or two about brands bands and confidence.
He's an entrepreneur he's Gene Simmons he joins me now he's -- -- banner and star of the reality TV show Gene Simmons family jewels.
Good to be teaching thank you very much -- you make of this news.
There is a -- much bigger story which I suspect.
Allegedly.
And other legal terms like that which means we're gonna be protected in case somebody wants to be litigious there's a bigger story here -- has to do with Goldman Sachs Mastec.
Goldman.
I have been bad boys in the past and I have had to -- the SEC and other organizations.
Lots of money for being bet there -- so very.
Much bigger story here than whether or not Zuckerberg actually sold.
Shares in his own stock he's a lot to do that legally and I'm not a lawyer.
Full disclosure before the fact however.
Something stinks -- -- and Denmark and its big time this could be.
A one of a kind political event that's going to be rocking the entire yet again Wall Street is gonna have to.
Clean -- its I wanna find out what Goldman knew what they didn't know -- have full disclosure to the people who were.
They represent things and -- what the -- just when the biggest.
Well I don't wanna say when the biggest IPO was coming along Mastec happened -- to been working well it's coincidence.
Beyond coincidence.
Now let's say you brought -- your company's public would you sell shares and -- immediately to raise money.
No I would do it differently and I don't like.
Going public because I don't like to answer to dentists in Iowa because when you go public your entire life is -- I mean my entire life is clear anyway because United States government wants to know how much -- make -- -- offshore accounts eccentric ad infinitum ad nauseam.
But I don't -- -- sit.
With people who are not qualified to understand business models and asked me where's my share.
Doing none -- I don't likely it would also would you -- be complaining about your executive pay -- Band but that's because they can't fathom why somebody should be paid millions of millions because -- on the senate I'm all.
If you came to me and you sit on the net double the value of the company but I want 10% right off the top of course you say you say terrific do it if you can double the company.
You should take 10% off the top.
What do you think a FaceBook do you like it it is a terrific company.
And I have to against say that -- not.
They financial analyst I'm not a lawyer.
I'm simply a citizen it is a fantastically.
Successful story I will say in the interest of full disclosure again that sports -- A company that -- -- -- growth was three times as big as or as FaceBook wasn't the same time period.
The world's largest universal language translator cool springs life also -- high net worth individuals as much as 300 million.
In the life as another try to -- it for another one of our companies.
Rock and bruise is a restaurant chain but I'm a -- love we hire vets first and foremost.
And Gene Simmons family jewels are next season debuts on the 28 of this month.
And what we're doing is making sure that people know that we hire vets -- Don't change it to stay on -- -- the president wants to raise your taxes split second -- -- for the jobs they create a company while there -- raise taxes on new.
Well I I think he means well but -- -- qualified to make the assessment because he's never run a company.
I think it's high time although I voted for the man.
I think he's a well meaning man loving -- surprise that glad what if politics have been no.
I believe that -- -- If you look at the resume -- sort of makes sense but somebody who's never run a company and never been overseas.
Has a point of view about Israel and -- business based on his perception overseas though are not before he was elected president well anything -- and and it I know very well.
Yes that's a world view is that Kenya and Indonesia that tells -- a lot about the world know what does not.
But.
The thing is that it's time and hard time I say it again and again and again.
Business people must start running government.
Because ultimately and invariably another big words like gymnasium.
Everybody's salary and everybody's job depends on people who can create jobs and understand structure.
Structure means imports and exports imports have to be.
What smaller than your exports does not make sense so you have a profit.
So the fact that we're trillions in debt means that there are people who mean well used to be Berklee college professors and don't have up.
Cool.
I had it to myself so you don't have to but you can read my lips.
Don't have a clue how to run government -- frustrated intrinsically your country is a business.
And I wanted to get the pregnant pause and there what do you mean by that I mean exactly what I mean.
That both countries responsibilities.
To make sure its population -- safe.
And wealthy.
And anybody who talks about.
The nature of things what does life mean where are we going to -- have my mother's hips doesn't understand what government should be about it should be about making sure you have jobs especially our vets.
First.
And that we're safe.
Just no other job for government don't tell me where to go what to do who group prayed to were inflicting -- Or what to -- if you wanna smoke and get cancer that's your responsibility.
You should not be able to sue anybody and that's why I'm for Gene Simmons as benevolent dictator of this country.
-- -- -- -- -- -- -- -- -- -- The one and only let ten Wilson it was a real pleasure to have me on the show yes it's always a pleasure to have you on the -- -- election.
In my own mind never have gridlock on -- -- on tour kiss a Motley -- starting.
Hot July very important not to say that they're not my mother wants another house please okay Heinemann thank you Gene Simmons for joining us tonight really appreciate and that.
