Obama refocuses bailout on small businesses

Page 2 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

Ausm

Lifer
Oct 9, 1999
25,213
14
81
Originally posted by: Skoorb
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.

Bend over and I will put that bone to good use ;)
 
Oct 30, 2004
11,442
32
91
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.

This might not hurt, but it won't address the nation's real economic problem. It's really just another touchy-feely band-aid solution that kicks the can a little further down the road. Of course, the political establishment and the media wouldn't dare mention the nation's real economic problems--foreign outsourcing, foreign work visas (such as the H-1B and L-1), and mass immigration.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: Ausm
Originally posted by: Skoorb
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.

Bend over and I will put that bone to good use ;)
You tease :heart: