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Obama to announce steps to aid small businesses (Next to nothing for Small Biz)
al-Reuters, Inc. ^ | 3/16/09

Posted on 03/16/2009 5:34:11 AM PDT by SoFloFreeper

U.S. President Barack Obama will announce steps on Monday to make it easier for small business owners to borrow money, using $730 million in stimulus funds to cut lending fees, boost loan guarantees and expand other programs, officials said.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bho44; bhosba; chump; economy; liar; obama; smallbusiness
Obama's stimulus was $787 billion...he says he has planned to use $730 million for small business.

The media is playing this up like Obama is a great guy. Anyone with a brain would figure out he is basically giving small business the finger....he is raising taxes on small business....and then, in his "generosity", using LESS THAN 1% OF HIS PORK BILL for small business.

Less than 1%. You call that help, Obama? I call it chump change.

1 posted on 03/16/2009 5:34:11 AM PDT by SoFloFreeper
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To: SoFloFreeper

Take out the flip in flip flop and you get the Obama Administrations keyword A big FLOP!


2 posted on 03/16/2009 5:37:41 AM PDT by screaminsunshine (!!)
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To: SoFloFreeper

( 730 million / 787 billion ) * 100 = 0.09% of the bailout. This shows what Obama thinks of businesses.


3 posted on 03/16/2009 5:38:15 AM PDT by 6SJ7 (Atlas Shrugged Mode: ON)
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To: SoFloFreeper

Small business to Obama (I own a small business): “Stick your aid where the sun don’t shine, and cut our taxes and regulations.”


4 posted on 03/16/2009 5:38:22 AM PDT by Daveinyork
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To: SoFloFreeper

Not only is it chump change but wait until the small business owners see what strings come attached to the money. And wait until they have to plastic the “stimulus” logo on all their products. As many of the larger recipients are discovering, such “help” might not be worth it.


5 posted on 03/16/2009 5:38:53 AM PDT by caseinpoint (Don't get thickly involved in thin things)
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To: caseinpoint

Um, plastic = plaster. Too early on the Left Coast for putting the brain in gear.


6 posted on 03/16/2009 5:39:51 AM PDT by caseinpoint (Don't get thickly involved in thin things)
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To: SoFloFreeper
He never says anything about stopping the massive, wasteful, government social spending, yet he's right there to offer "loans" for those who actually produce something.

Work, slaves, work! Work harder! Oboma wants to spend, spend, spend!

7 posted on 03/16/2009 5:41:26 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: SoFloFreeper
The very heart of our economy, the one entity that determines the health of our society, the foundation and the base of our entire economic system, gets 1% ($730 million) to distribute among several hundred thousand business.

While Senator Back Bacon, gets $4 billion for a bridge and Visitor center dedicated to the red-crested hairy Dung Beetle Conservatory. That will surely employ about 150 Davis Bacon Scale AFLCIO/Teamster's and guarantee 100% of their health care premiums and monthly earnings for the rest of their life.

8 posted on 03/16/2009 5:52:23 AM PDT by PSYCHO-FREEP (WHAT? Where did my tag line go? (ACORN))
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To: SoFloFreeper

Stmulous, Pork, revitalization, yea that’s what we need.

Open letter to Politicians, Politicos, political operaives, Union boss guys, Beauracrat lyers, (oops I meant lifers) as well as the other fellow travelers..

You know what “we” really need, We really need for you f’n idiots to stop stealing our money, and do us the respect of not giving .00001% of any handout, to the very organizations that porvide to the tax base, that you scum suckers steal, back insolittle as only to get a newsworthy snipet - back to the very pockets of those that you stole from. I am truely outraged that our elected idiots give more to Hamas, than to the taxpayers they robbed. I’m about ready to bust, where is the damn tylenol....


9 posted on 03/16/2009 5:55:18 AM PDT by ChetNavVet (Build It, and they won't come!)
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To: Daveinyork

YJTDLFO

Your just too damn logical for O.


10 posted on 03/16/2009 6:13:24 AM PDT by A Strict Constructionist (I'm studying Voodoo...curses cast daily. Landrieu be gone to the devil...)
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To: SoFloFreeper

I believe the Small Business Administration will get the money and thus only minority firms and women-owned businesses need apply.


11 posted on 03/16/2009 6:15:17 AM PDT by glm
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To: SoFloFreeper

This is really an insult when you think that they gave 9 billion to rebuild Gaza.When do WE put an end to this .We are being kicked in the face on a daily basis.F**k O


12 posted on 03/16/2009 6:30:05 AM PDT by minman (Americans stand up for your rights)
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To: minman

Well, one o’ them thar big number thingies.


13 posted on 03/16/2009 6:36:53 AM PDT by MARTIAL MONK
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To: SoFloFreeper

That POS makes the word president a dirty word.


14 posted on 03/16/2009 6:37:19 AM PDT by Piquaboy
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To: minman
This is really an insult when you think that they gave 9 billion to rebuild Gaza.

Shut up, quit complaining, and get back to work, you slacker. You've still got to pay for the next stimulus package. Now, get off your lazy butt, get away from the the computer, and get out there Hebrew. Oboma needs more cash.

15 posted on 03/16/2009 6:40:16 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: SoFloFreeper
To address the downturn in the economy and subsequent depression, fixing small business should have been the first task. Reducing taxes and other impediments to do business would have caused a stimulus immediately, and secondly dropping the mortgage rate for everyday citizens with a reasonable credit rating to 4% would have resulted in a frenzy of buying and refinancing. Instead they only take care of the big boys and the mess gets messier. Programs to enhance the grassroots always work better and quicker. IMHO
16 posted on 03/16/2009 7:34:12 AM PDT by elpadre (nation)
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To: SoFloFreeper

bttt


17 posted on 03/16/2009 9:30:45 AM PDT by Recovering_Democrat
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To: minman

fyi, not to nitpick, but i think the amount to gaza was 900 million. nevertheless, it is an insult to small business.

Hussein stinx.


18 posted on 03/16/2009 9:32:07 AM PDT by Recovering_Democrat
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