« previous next »
Pages: [1]   Go Down

Author Topic: Congress sends small business aid bill to Obama  (Read 2278 times)

0 Members and 1 Guest are viewing this topic.

Offline Chris_

  • Little Lebowski Urban Achiever
  • Hero Member
  • *****
  • Posts: 46845
  • Reputation: +2028/-266
Congress sends small business aid bill to Obama
« on: September 23, 2010, 08:34:43 PM »

Congress gave final approval to legislation aimed at boosting lending to small businesses in what is likely to be the Democrats final jobs bill before the Nov. 2 elections.

Republicans objected to provisions creating a $30 billion program in which the Treasury Department would buy preferred shares in community banks, with participants paying the government dividends on a scale depending on how much they increase lending. They said the plan amounted to little more than a smaller version of the Troubled Asset Relief Program.

Economist Alan Blinder, a former Federal Reserve vice chairman, said many small businesses have had extreme difficulty getting loans, though he said poor sales remain their biggest problem.


From The Detroit News: http://www.detnews.com/article/20100923/BIZ/9230476/1001#ixzz10PGqNqZE
Logged
If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.

Offline NHSparky

  • Hero Member
  • *****
  • Posts: 24431
  • Reputation: +1280/-617
  • Where are you going? I was gonna make espresso!
Re: Congress sends small business aid bill to Obama
« Reply #1 on: September 23, 2010, 08:54:24 PM »
"Jobs" bill?  Or just another union/gub'mint employee payoff?
Logged
“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.”  -Henry Ford

Offline Karin

  • Hero Member
  • *****
  • Posts: 17749
  • Reputation: +1891/-81
Re: Congress sends small business aid bill to Obama
« Reply #2 on: September 24, 2010, 07:22:36 AM »
Stupid.  What small businesses need is consumer confidence to prompt someone to come in and buy, and relative certainty in what the future holds for them. 

I don't intend to add any debt to my business, not one penny. 

So now when we all call up CC, the first thing we have to look at is this witch and those rugrats?  I feel like taking that gavel and bonking her over the head with it. 
Logged

Offline Mugsaway

  • Probationary (Probie)
  • Posts: 60
  • Reputation: +17/-1
  • Expert Beer Taster - Unintentional Stuntman
Re: Congress sends small business aid bill to Obama
« Reply #3 on: September 24, 2010, 07:53:29 AM »
For some reason that picture turns my stomach...
Logged
“If you're too open-minded; your brains will fall out.”  ― Lawrence Ferlinghetti

If it were not for double-standards, leftists would have no standards at all.

Offline thundley4

  • Hero Member
  • *****
  • Posts: 40571
  • Reputation: +2224/-127
Re: Congress sends small business aid bill to Obama
« Reply #4 on: September 24, 2010, 08:22:02 AM »
Quote from: Karin on September 24, 2010, 07:22:36 AM
Stupid.  What small businesses need is consumer confidence to prompt someone to come in and buy, and relative certainty in what the future holds for them. 

I don't intend to add any debt to my business, not one penny. 

So now when we all call up CC, the first thing we have to look at is this witch and those rugrats?  I feel like taking that gavel and bonking her over the head with it. 

I think two of those kids are named Hansel and Gretel, the others must be their friends.
Logged

Offline JohnnyReb

  • In Memoriam
  • Hero Member
  • *****
  • Posts: 32063
  • Reputation: +1998/-134
Re: Congress sends small business aid bill to Obama
« Reply #5 on: September 24, 2010, 08:27:49 AM »
Quote from: thundley4 on September 24, 2010, 08:22:02 AM
I think two of those kids are named Hansel and Gretel, the others must be their friends.

You know why she's smiling....she's telling the kids, "I'm going to put enough titties on the government sow that we all will have one to suck on."
Logged
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline true_blood

  • Hero Member
  • *****
  • Posts: 6221
  • Reputation: +652/-817
Re: Congress sends small business aid bill to Obama
« Reply #6 on: September 24, 2010, 09:43:59 AM »
Oh good! ::) Spending more money that we as a nation don't have. And, I bet this "jobs bill" doesn't do jack crap for the jobs picture. :hammer:
Logged

Offline VelvetElvis

  • Misunderestimated
  • Hero Member
  • *****
  • Posts: 1285
  • Reputation: +123/-5
  • Drill Sgt for the DeathSquadHateForce
Re: Congress sends small business aid bill to Obama
« Reply #7 on: September 24, 2010, 09:47:54 AM »
That picture of Nanzi with those kids gives me the creeps.
It reminds me of Saddam patting the heads of the children (potential hostages) in the runup to the Gulf War.
Logged
Proud Member of the Death Squad Hate Force Since  1980

Offline Wretched Excess

  • Hero Member
  • *****
  • Posts: 15284
  • Reputation: +485/-84
  • Life, Liberty and the pursuit of Happy Hour
Re: Congress sends small business aid bill to Obama
« Reply #8 on: September 25, 2010, 12:12:53 AM »
their "jobs bill" equates to raising taxes, and then deciding who gets their money back.
Logged

Offline Lacarnut

  • Hero Member
  • *****
  • Posts: 4154
  • Reputation: +316/-315
Re: Congress sends small business aid bill to Obama
« Reply #9 on: September 25, 2010, 12:33:09 AM »
Most of the banks especially the ones that are not in dire straits will not touch this money with a 10 foot pole because they saw what the Feds did to the big banks under TARP. They do not want some moron from the Federal Government telling them how to run their business. Also, not knowing from what day to the next what the rules and regulations are will turn most bankers off.
Logged

Offline Wretched Excess

  • Hero Member
  • *****
  • Posts: 15284
  • Reputation: +485/-84
  • Life, Liberty and the pursuit of Happy Hour
Re: Congress sends small business aid bill to Obama
« Reply #10 on: September 25, 2010, 12:36:19 AM »
Quote from: Lacarnut on September 25, 2010, 12:33:09 AM
Most of the banks especially the ones that are not in dire straits will not touch this money with a 10 foot pole because they saw what the Feds did to the big banks under TARP. They do not want some moron from the Federal Government telling them how to run their business. Also, not knowing from what day to the next what the rules and regulations are will turn most bankers off.

the WE prediction is that we will win the house (and perhaps the senate), after which the unemployment rate will fall through a hole . . .
Logged
Pages: [1]   Go Up
« previous next »