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Obama to unveil proposals to help small businesses
Yahoo-AP ^
| Sunday March 15, 2009
| Hope Yen
Posted on 03/15/2009 5:13:18 AM PDT by Need4Truth
Obama to announce new measures to boost lending for struggling small business owners
WASHINGTON (AP) -- Amid misgivings over his spending blueprint, President Barack Obama has decided to provide billions of dollars in federal lending aid aimed at struggling small business owners.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Business/Economy; Government
KEYWORDS: bho44; bhosba; creditbubble; economy; obama; smallbusiness
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Obama will try to get small business help him blow the credit bubble bigger.
To: Need4Truth
There’s enough printed money for all of us. Grab yours while it’s hot off the press.
2
posted on
03/15/2009 5:16:16 AM PDT
by
rj45mis
To: Need4Truth
Oh sure. Not in his plans
3
posted on
03/15/2009 5:17:55 AM PDT
by
freekitty
(Give me back my conservative vote.)
To: Need4Truth
Oz-bama is always good for an unveiling, but once presented it is usually just another burden on the taxpayer shot from the posterior of Socialist redux.
4
posted on
03/15/2009 5:18:13 AM PDT
by
WildcatClan
(Iam fimus mos ledo ventus apparatus)
To: Need4Truth
This guy just does nor get it. So now he is going to give them loans. They don't need loans, they need customers to buy their goods and services. All getting loans will do is get them into debt. How about reducing the tax rates and freeing up cash flow? Of course that would require the government giving up control over us peasants.
To: rj45mis
"Theres enough printed money for all of us. Grab yours while its hot off the press."
Or you could borrow your own money to pay back with interest, AND be told by the government what to do with it.
6
posted on
03/15/2009 5:20:58 AM PDT
by
CDFingers
(Free Massachusetts!)
To: CDFingers
Don't forget what Sen. John F'n Kerry said last month:
If you give the money directly to the people in the form of tax rebates or - even worse - tax cuts, they might not spend it correctly!
7
posted on
03/15/2009 5:25:50 AM PDT
by
angkor
To: Angry_White_Man_Syndrome
How about reducing the tax rates and freeing up cash flow?
Amen:
1) Cut payroll taxes
2) Cut capital gains taxs
3) Streamline filing taxes,
4) Enough of raising the minimum wage again nonsense
5) Eliminate some of the silly OSHA regs
This is just for starters.........
To: Need4Truth
9
posted on
03/15/2009 5:26:40 AM PDT
by
Road Warrior ‘04
(I'll miss President Bush greatly! Palin in 2012!)
To: Need4Truth
"REMAIN CALM, ALL IS WELL"
10
posted on
03/15/2009 5:27:26 AM PDT
by
sniper63
(Silent and stealthy - one shot - one kill)
To: Angry_White_Man_Syndrome
This guy just does nor get it. So now he is going to give them loans. They don't need loans, they need customers to buy their goods and services. You're right. What we need are people creating new small businesses. That will lead to more jobs and new spending. Supply creates its own demand.
11
posted on
03/15/2009 5:29:29 AM PDT
by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: Need4Truth
John Kerry: You Know What's the Problem With Stimulus Tax Cuts? All That Freedom.
I've supported many tax cuts over the years, and there are tax cuts in this proposal. But a tax cut is non-targeted.
If you put a tax cut into the hands of a business or family, there's no guarantee that they're going to invest that or invest it in America.
They're free to go invest anywhere that they want if they choose to invest.
February 6, 2009
http://www.weeklystandard.com/weblogs/TWSFP/2009/02/john_kerry_you_know_whats_the.asp
12
posted on
03/15/2009 5:32:24 AM PDT
by
angkor
To: Need4Truth
Brilliant!
Loan them more money to help them pay their massive tax increases! ROFLMAO!
13
posted on
03/15/2009 5:33:28 AM PDT
by
PSYCHO-FREEP
(WHAT? Where did my tag line go? (ACORN))
To: Need4Truth
You know, I really would like to think this is a good thing. I really would. Unfortunately I need glasses and can’t see the fine print that I know will be included.
14
posted on
03/15/2009 5:34:46 AM PDT
by
autumnraine
(Freedom's just another word for nothing left to lose- Kris Kristoferrson VIVA LA REVOLUTION!)
To: Le Chien Rouge
I think it is even easier. Just abolish corporate taxes all together. The prices will drop and hiring will sky rocket. I work for a large manufacturer that has 95% of it's manufacturing in the USA. Currently we have cut back to 4 day production weeks and will soon have two 3 day production weeks. We are asking hourly employees to take voluntary time off without pay. All company picnics and lunches have been canceled. Capital has been slashed 60% from last years budget. Thankfully we have a policy of never laying off.
To: Need4Truth
Small businesses need TAX and REGULATORY relief. The Reagan Redux. Their customers need tax relief. Really quite simple...but too obtuse for an Ivy League graduate.
16
posted on
03/15/2009 5:37:07 AM PDT
by
mo
To: Need4Truth
1. Kill the private banking industry.
2. The few banks that are left, give govt. loans (with strings attached) so that they cannot give any loans but those the government approves of.
3. Substitute government loans for private banks.
4. Hey look! Government control of small business by proxy!
Mr. Ayers or a think-tank at the Kremlin must've come up with this one.
17
posted on
03/15/2009 5:39:49 AM PDT
by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: rj45mis
My new mantra: “It’s the tax increases, stupid!”
To: Need4Truth
As a teenie-weenie business owner myself, I’d stay far away from this. Bad enough taxes, energy costs, etc. will be going up.
19
posted on
03/15/2009 5:44:36 AM PDT
by
NewHampshireDuo
(Earth - Taking care of itself since 4.6 billion BC)
To: NewHampshireDuo
We teeny-weenie business owners need not apply, especially if you have a creative, entrepreneurial idea and plan on building your business as you grow. The SBA is hidebound and won't consider anything below $500k in loans for *proven* business plans.
Besides the debt yoke, this is aimed at buttressing the SBA.
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