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Trump chooses pro wrestling magnate Linda McMahon to head the Small Business Administration
Business Insider ^

Posted on 12/07/2016 1:17:49 PM PST by springwater13

click here to read article


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To: springwater13

Preposterous!


101 posted on 12/07/2016 3:34:46 PM PST by ichabod1 (Make America Normal Again)
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To: Dallas59

Is that Linda McMahon?


102 posted on 12/07/2016 3:38:26 PM PST by WildHighlander57 ((WildHighlander57, returning after lurking since 2000)
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To: springwater13

https://youtu.be/NgPD21FGdP8?t=2m9s


103 posted on 12/07/2016 3:39:22 PM PST by ErikJohnsky
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To: springwater13

I’m 72 and feel like 40...what’s the problem???


104 posted on 12/07/2016 3:44:04 PM PST by HarleyLady27 ('THE FORCE AWAKENS!!!' Trump/Pence: MAKE AMERICA GREAT AGAIN!!!)
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To: Nifster

Other people sleep at night... Trump waits.


105 posted on 12/07/2016 3:44:11 PM PST by ichabod1 (Make America Normal Again)
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To: WildHighlander57
Linda McMahon Segment
106 posted on 12/07/2016 3:48:04 PM PST by Dallas59 (Only a fool stumbles on things behind him.)
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To: Hambone 1934
How many people pushing 70 does he need in his cabinet????

Would you prefer Millennial snowflakes?

107 posted on 12/07/2016 4:06:43 PM PST by P-Marlowe (Freep mail me if you want to be on my Fingerstyle Acoustic Guitar Ping list.)
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To: mikeIII

I think the SBA will be part of Trump’s plan to rebuild the inner cities.


108 posted on 12/07/2016 4:17:26 PM PST by ari-freedom (Chicken Little Concerned for Trump people are almost as annoying as NeverTrumpers!)
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To: Dallas59

I like the way she handles the media...


109 posted on 12/07/2016 4:18:01 PM PST by Noumenon (Proud Irredeemable Deplorable, heavily armed Infidel. Islam delenda est.)
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To: BenLurkin

‘There shouldn’t even be a US small business administration.’

I agree with that. I think it’s just another gov’t lending program, something which eventually leads to bailouts.


110 posted on 12/07/2016 4:18:51 PM PST by AlmaKing
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To: bigbob
>>Millenials and GenX has wreaked a lot of havoc,

Uhuh - it seems buzzwords, bullshyte, trophies for participating, ribbons for “trying”, and having weekly meetings full of Alphafem Poodle Herders with Titles - aren’t quite getting it done.

>>some adults are going to now have to clean it up.

You ever notice they especially seem to get irritated (I guess the NewSpeak is "triggered" now) if you use the word “Salvage” to describe that process?

111 posted on 12/07/2016 4:33:29 PM PST by HLPhat (It takes a Republic TO SECURE THESE RIGHTS - not a populist Tyranny of the Majority)
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To: ari-freedom
A banker friend of mine in the commercial department has many success stories from among his clients. Many of these are committed, dedicated mom&pop businesses who have nowhere else to go. Unlike other govt. agencies, the SBA is an elegant and brilliant model, the way it is organized. They never lend money themselves, a fact that many don't know.

I hope it will be exploited to the max to rebuild our urban areas.

112 posted on 12/07/2016 4:48:27 PM PST by mikeIII
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To: AlmaKing

The SBA does not lend money! See post 99 above.


113 posted on 12/07/2016 4:51:15 PM PST by mikeIII
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To: mikeIII; BenLurkin

Hi, All:

I’ve worked at the SBA for just over 6 years as a full time federal employee. I’ll write more in a bit, a LOT more, but trust me when I tell you that the SBA is like virtually ALL federal agencies; we take gigantic piles of taxpayer money and we shovel those piles into flaming pits all day every day, we waste money on a scale that the human mind can scarcely grasp, (maybe not as much as the far larger agencies) and yes, our very existence is unconstitutional and we are a jobs program for illiterate DC residents.

Hair-curling stories coming your way very soon!


114 posted on 12/07/2016 4:56:37 PM PST by Lord Castlereagh
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To: Hambone 1934

What’s the problem? They have experience and are loyal. They get Trump. The McMahon’s have been friends with Donald for decades.


115 posted on 12/07/2016 5:12:21 PM PST by reaganaut (Yes I am female, yes I love guns, yes I carry and yes I reload and handload my own ammo.)
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To: mikeIII; ari-freedom; AlmaKing; BenLurkin

No, the SBA does not make BUSINESS loans (more on the loans that they do make later), they GUARANTEE business loans to people who WOULD NOT GET THE LOAN OTHERWISE... Now why would a bank not lend to Joe Smith without the SBA backing the loan? if you guessed “Because Joe IS creditworthy,” go to the back of the line. If you guessed “Because Joe is NOT creditworthy,” you get the prize.

Now guess what our default rate is vs. regular bank loan default rates? Bell rings in you guess SIGNIFICANLY HIGHER.

Now, who pays when an SBA loan goes bust?

If you guess TAXPAYERS, then my job here is done.


116 posted on 12/07/2016 5:25:55 PM PST by Lord Castlereagh
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To: Lord Castlereagh
Really?

How do you explain these:

sba.gov: "The SBA does not invest directly in small businesses"

Forbes: "... the SBA itself doesn’t loan out any money."

Entrepreneur: "The SBA does not lend money itself, ."

117 posted on 12/07/2016 5:43:22 PM PST by mikeIII
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To: mikeIII; NorthMountain; ari-freedom; AlmaKing; BenLurkin

Didn’t I JUST cover that? Didn’t I just say “... the SBA does not make business loans...” Yes, it is true, as I just said in my previous post, that we do not make business loans. We GUARANTEE business loans to people who should not get them, and when they go bust, YOU pay for it.

How much more clear can I be?


118 posted on 12/07/2016 5:47:51 PM PST by Lord Castlereagh
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To: mikeIII
Good. (I read your post 113 after I posted 114!!)
119 posted on 12/07/2016 5:51:53 PM PST by mikeIII
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To: C19fan

ROTF!


120 posted on 12/07/2016 6:05:47 PM PST by Rebelbase (Gatlinburg wildfire: over 1000 homes and business damaged or destroyed.)
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