Obama refocuses bailout on small businesses

[Ausm]

http://www.msnbc.msn.com/id/33...siness-small_business/

It's about time the money is going where we need it! It's the small business that will create new jobs instead giving to the huge banks that just hoarded the cash for the most part.

 

[OCGuy]

Yes, because I really want to work for a business that needs a government bailout to be able to pay me.

How about we stop handing out money to banks and to anyone else who isnt qualified for it?

 

[EagleKeeper]

Originally posted by: OCguy
Yes, because I really want to work for a business that needs a government bailout to be able to pay me.

How about we stop handing out money to banks and to anyone else who isnt qualified for it?

Read the article.

He wants to increase funds available to small community banks that target small businesses.

Right now, small business are operating in a credit crunch - this will help them invest in new capital and/or not squeeze their operating capital so much.

 

[OCGuy]

Originally posted by: Common Courtesy

Originally posted by: OCguy
Yes, because I really want to work for a business that needs a government bailout to be able to pay me.

How about we stop handing out money to banks and to anyone else who isnt qualified for it?

Read the article.

He wants to increase funds available to small community banks that target small businesses.

Right now, small business are operating in a credit crunch - this will help them invest in new capital and/or not squeeze their operating capital so much.

Yes, more of the shell game. Exactly what I am talking about.

 

[Budmantom]

Originally posted by: Ausm
http://www.msnbc.msn.com/id/33...siness-small_business/

It's about time the money is going where we need it! It's the small business that will create new jobs instead giving to the huge banks that just hoarded the cash for the most part.

Obama needs a bailtout.

 

[Ausm]

Originally posted by: Budmantom

Originally posted by: Ausm
http://www.msnbc.msn.com/id/33...siness-small_business/

It's about time the money is going where we need it! It's the small business that will create new jobs instead giving to the huge banks that just hoarded the cash for the most part.

Obama needs a bailtout.

Cynical aren't we?

 

[Budmantom]

Originally posted by: Ausm

Originally posted by: Budmantom

Originally posted by: Ausm
http://www.msnbc.msn.com/id/33...siness-small_business/

It's about time the money is going where we need it! It's the small business that will create new jobs instead giving to the huge banks that just hoarded the cash for the most part.

Obama needs a bailtout.

Cynical aren't we?

Truthful, he is doing so much and nothing is working.

 

[Ausm]

Originally posted by: Budmantom

Originally posted by: Ausm

Originally posted by: Budmantom

Originally posted by: Ausm
http://www.msnbc.msn.com/id/33...siness-small_business/

It's about time the money is going where we need it! It's the small business that will create new jobs instead giving to the huge banks that just hoarded the cash for the most part.

Obama needs a bailtout.

Cynical aren't we?

Truthful, he is doing so much and nothing is working.

Maybe in your view but I think your being highly critical of someone who took office 9 months ago with a laundry list of problems to deal with..

 

[StageLeft]

Obama has an awesome track record on job creation.

So I say haters stfu and let him do what he does best.

 

[BriGy86]

Originally posted by: Ausm

Originally posted by: Budmantom

Originally posted by: Ausm

Originally posted by: Budmantom

Originally posted by: Ausm
http://www.msnbc.msn.com/id/33...siness-small_business/

It's about time the money is going where we need it! It's the small business that will create new jobs instead giving to the huge banks that just hoarded the cash for the most part.

Obama needs a bailtout.

Cynical aren't we?

Truthful, he is doing so much and nothing is working.

Maybe in your view but I think your being highly critical of someone who took office 9 months ago with a laundry list of problems to deal with..

Didn't Obama advocate implementing some of these problems? Like the financial bailout? Thanks to that now we are all arguing whether the government has a say in how the money is spent. Both sides have valid arguments but had the bailouts never been done we wouldn't be bitching about executive's bonus'.

 

[Munky]

Originally posted by: Ausm

Originally posted by: Budmantom

Originally posted by: Ausm

Originally posted by: Budmantom

Originally posted by: Ausm
http://www.msnbc.msn.com/id/33...siness-small_business/

It's about time the money is going where we need it! It's the small business that will create new jobs instead giving to the huge banks that just hoarded the cash for the most part.

Obama needs a bailtout.

Cynical aren't we?

Truthful, he is doing so much and nothing is working.

Maybe in your view but I think your being highly critical of someone who took office 9 months ago with a laundry list of problems to deal with..

Calm down old people... IMO, 9 months is enough to have done something right. If Obama is basically continuing Bush policies and not bringing the "change" he promised, how long before his supporters admit that maybe he's not gonna deliver on his promises? Just look at how he promised to bring our troops home, and now everyone just forgot it like it's no big deal.

 

[Ausm]

Originally posted by: Skoorb
Obama has an awesome track record on job creation.

So I say haters stfu and let him do what he does best.

Considering jobs are the last thing to recover in any recession and since Small business creates a high percentage of those jobs. I think this is a step in the right direction. The approach of bailing out the huge banks with absolutely no requirements in regard to lending was short sighted. That can be blamed on the Bush administration with the original TARP bailout money.

Shit on this thread all you want but this is finally a good move in the right direction.

 

[waggy]

Originally posted by: Ausm

Originally posted by: Skoorb
Obama has an awesome track record on job creation.

So I say haters stfu and let him do what he does best.

Considering jobs are the last thing to recover in any recession and since Small business creates a high percentage of those jobs. I think this is a step in the right direction. The approach of bailing out the huge banks with absolutely no requirements in regard to lending was short sighted. That can be blamed on the Bush administration with the original TARP bailout money.

Shit on this thread all you want but this is finally a good move in the right direction.

I agree. i was against the bank and GM bailouts. But i really think this is a move that will have actual postive results.

 

[Ausm]

Originally posted by: BriGy86

Originally posted by: Ausm

Originally posted by: Budmantom

Originally posted by: Ausm

Originally posted by: Budmantom

Originally posted by: Ausm
http://www.msnbc.msn.com/id/33...siness-small_business/

It's about time the money is going where we need it! It's the small business that will create new jobs instead giving to the huge banks that just hoarded the cash for the most part.

Obama needs a bailtout.

Cynical aren't we?

Truthful, he is doing so much and nothing is working.

Maybe in your view but I think your being highly critical of someone who took office 9 months ago with a laundry list of problems to deal with..

Didn't Obama advocate implementing some of these problems? Like the financial bailout? Thanks to that now we are all arguing whether the government has a say in how the money is spent. Both sides have valid arguments but had the bailouts never been done we wouldn't be bitching about executive's bonus'.

I think the bailout was ineptly implemented giving money to the top so it would trickle down to the peons was more of the same. I think now Washington has finally woken up to the fact that getting credit to small businesses is the catalyst we need to help to start and maintain a growth cycle.

I thought right wingers were the champion of business it's amazing how stupid the ones in here are in regard to small business. Maybe the GOP is going turn their back on that crowd now?

 

[StageLeft]

Originally posted by: Ausm

Originally posted by: Skoorb
Obama has an awesome track record on job creation.

So I say haters stfu and let him do what he does best.

Considering jobs are the last thing to recover in any recession and since Small business creates a high percentage of those jobs. I think this is a step in the right direction. The approach of bailing out the huge banks with absolutely no requirements in regard to lending was short sighted. That can be blamed on the Bush administration with the original TARP bailout money.

Shit on this thread all you want but this is finally a good move in the right direction.

You may be right. It's just that I came across that link only a few minutes before and had to get it out there. And it was on-topic

 

[Ausm]

Originally posted by: Skoorb

Originally posted by: Ausm

Originally posted by: Skoorb
Obama has an awesome track record on job creation.

So I say haters stfu and let him do what he does best.

Considering jobs are the last thing to recover in any recession and since Small business creates a high percentage of those jobs. I think this is a step in the right direction. The approach of bailing out the huge banks with absolutely no requirements in regard to lending was short sighted. That can be blamed on the Bush administration with the original TARP bailout money.

Shit on this thread all you want but this is finally a good move in the right direction.

You may be right. It's just that I came across that link only a few minutes before and had to get it out there. And it was on-topic

:roll:

 

[StageLeft]

Originally posted by: Ausm

Originally posted by: Skoorb

Originally posted by: Ausm

Originally posted by: Skoorb
Obama has an awesome track record on job creation.

So I say haters stfu and let him do what he does best.

Considering jobs are the last thing to recover in any recession and since Small business creates a high percentage of those jobs. I think this is a step in the right direction. The approach of bailing out the huge banks with absolutely no requirements in regard to lending was short sighted. That can be blamed on the Bush administration with the original TARP bailout money.

Shit on this thread all you want but this is finally a good move in the right direction.

You may be right. It's just that I came across that link only a few minutes before and had to get it out there. And it was on-topic

:roll:

Oh please, I'm giving you a bone.

 

[OrByte]

TARP money was supposed to go to banks and then go to small businesses.

gawd I remember the argument like it was yesterday!!!!

 

[Ausm]

Originally posted by: OrByte
TARP money was supposed to go to banks and then go to small businesses.

gawd I remember the argument like it was yesterday!!!!

Unfortunately it never did.

 

[Hayabusa Rider]

What we need is a government supportive of business, and business which responds to the needs of more than the stockholders. Small businesses are great. I work for a large company and frankly they don't need to be smart or wise in management. They have to be bigger sharks than the other guy. Small businesses can adapt, and on average more of the earnings are shared with the employees.

Bottom line is that small business is good, and if government acts in good faith to support them I'm for it. Certainly "too big to fail" isn't a reasonable argument, so any that are terminally ill wouldn't have that excuse going for them.

 

[b0mbrman]

Originally posted by: Skoorb
Obama has an awesome track record on job creation.

So I say haters stfu and let him do what he does best.

Would we have lost more jobs or less jobs without federal action?

 

[BarrySotero]

"'Over the past decade and a half, America's small businesses have created 65 percent of all new jobs in the country,' Obama told about 150 employees in a warehouse at a storage business filled with rows of boxes three-stories high."

The fact that he knows this and yet will still stress small biz to death illustrates that Obama is either a functional maniac or a sociopath. I bet on the latter.

 

[Ronstang]

So he wants to let small businesses get credit right before he fucks them with higher taxes from the health care bill and cap and trade? So these small banks are then going to need a bailout when these loans cannot be repaid? What kind of economic guidelines are these idiots in D.C. following? None of it seems to be based in any kind of reality.

 

[Ausm]

Originally posted by: BarrySotero
"'Over the past decade and a half, America's small businesses have created 65 percent of all new jobs in the country,' Obama told about 150 employees in a warehouse at a storage business filled with rows of boxes three-stories high."

The fact that he knows this and yet will still stress small biz to death illustrates that Obama is either a functional maniac or a sociopath. I bet on the latter.

:roll:

 

[boomerang]

Originally posted by: Ronstang
So he wants to let small businesses get credit right before he fucks them with higher taxes from the health care bill and cap and trade? So these small banks are then going to need a bailout when these loans cannot be repaid? What kind of economic guidelines are these idiots in D.C. following? None of it seems to be based in any kind of reality.

About 100 million more people thinking like you do and we'll be on the way to driving these schoolchildren out of the White House.

They either have an infantile understanding of economics or this is all a plan of some sort. Fiscal accountability is non-existant. If they want it, they buy it. It's too far gone now IMO for any form of a recovery. This will not end well.