Posted on 03/08/2012 6:12:50 AM PST by bizlawnews
WASHINGTON, March 8 (LID) – The U.S. House of Representatives on Thursday is expected Thursday to take up the bipartisan-supported Jumpstart Our Business Startups (JOBS) Act.
The legislation — outlined in H.R. 3606 — is aimed at helping fledgling companies to more easily raise capital, proponents said.
(Excerpt) Read more at legalnewsgroup.com ...
The description makes it sound good. Why would Obama support a bill to assist small businesses raise capital?
Bend over here it comes again. Anytime Congress considers bipartisan legislation we get screwed.
There’s and even easier way to create jobs.
Just lower taxes.
Less taxes = more money = more jobs.
I should have added..
= less GOVERNMENT control
Small business wouldn’t need to go public if banks were lending. Dodd-Frank and the low Fed rates discourage risk-taking on the part of banks.
I own a small business, and I wouldn’t dare go public with Sarbanes-Oxley still the law of the land.
Maxine Waters was pushing this on CNBC this morning. I wonder why?
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