4.3 billion for small business

If anything all this does is create a longer Recession and help put us in a depression because it makes business expand without demand meaning later they will fail and still owe debt. It's a bubble that Obama is trying to create.

That's the dumbest fucking thing I've ever heard. Reducing the availability of business loans will put us into a recession - not the other way around - are you seriously this stupid?

LOL!

You should hear yourself.
 
Yes they are that stupid when the republican party tells them to be.

If a con got elected the first thing they woud do is stimulus and we all know it.
 
If anything all this does is create a longer Recession and help put us in a depression because it makes business expand without demand meaning later they will fail and still owe debt. It's a bubble that Obama is trying to create.

That's the dumbest fucking thing I've ever heard. Reducing the availability of business loans will put us into a recession - not the other way around - are you seriously this stupid?

LOL!

You should hear yourself.

You don't really understand how economics works. A reduction in the availability of credit causes the economy to shrink and prices to deflate.
 
They dont care about facts they only care about party.

they change what they believe when the party tells them to.
 
So you are now going to claim small businesses should not be able to get loans to grow their bussinesses?

Man they even hate business when Obama backs it.

Demand is flat or nonexistent,only growing sector at all in local area is energy exploration ,but the party that's putting the whammy to that economic plus isn't the republicans.

You don't build it they will come,you need a demand before loans are signed.
 
That's the dumbest fucking thing I've ever heard. Reducing the availability of business loans will put us into a recession - not the other way around - are you seriously this stupid?

LOL!

You should hear yourself.

You don't really understand how economics works. A reduction in the availability of credit causes the economy to shrink and prices to deflate.

OOOOOOOOOOOoooooh I must be in the wrong thread.... Now we are talking about a "reduction" in available credit...

Again, answer the fucking question, long term... I dare you. What happens when a company gets more money to expand? What happens when there is not enough demand for their product... Then what happens when the company folds? Sounds like 1995-2008 all over again…

Getting credit is always going to be hard because you need to prove you are worth getting the loan. Now when demand is at an all time low because people are spending so little due to high unemployment and high costs of living why would expanding your business be important? How many small businesses are “maxed” out on output because of such high demand?
 
how predictable

As usual I have to read your LINKS--because you have pulled out a PART--mid-article that you like--and really who can complain about tax cuts--but your article is really about this.

The U.S. treasury approved $4.3 billion for 382 financial institutions as part of its Small Business Lending Fund.

The Treasury has completed more than $1.8 billion in funding for 130 lenders, according to a department white paper obtained by Bloomberg News today. Of 932 applications received, more than 40 percent “failed to meet minimum statutory or program requirements and therefore could not be approved,” the Treasury paper said. Those requirements include size of the bank and whether it had missed dividend payments.

Just this paragraph alone tells you that 40% failed to qualify for the previous SAME program--meaning banks will now try it again--by lowering banking standards resulting in more BAD loans that will be taxpayer guaranteed.

The small-business lending program was set up in September 2010 by Congress and the administration of President Barack Obama to provide low-interest capital injections to community banks that increase their lending to small businesses. The program permits them to use the new capital to refinance their Troubled Asset Relief Program debt.
 
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So you are now going to claim small businesses should not be able to get loans to grow their bussinesses?

Man they even hate business when Obama backs it.

Demand is flat or nonexistent,only growing sector at all in local area is energy exploration ,but the party that's putting the whammy to that economic plus isn't the republicans.

You don't build it they will come,you need a demand before loans are signed.
Maybe you didn't get the memo

Small Business Can’t Get Loans From Bailed-Out Banks - Businessweek


A record 41 percent of small business owners say they can’t get adequate financing
, up from 22 percent two years ago, according to a July report by the National Small Business Association, a 150,000-member advocacy group founded in 1937 that has surveyed entrepreneurs since 1992. New small-business loans fell 33 percent last year from 2008 to $191.6 billion, the lowest total since 2000, according to the Federal Financial Institutions Examination Council.
 
how predictable

As usual I have to read your LINKS--because you have pulled out a PART--mid-article that you like--and really who can complain about tax cuts--but your article is this--which is really THE MAIN TOPIC OF THE ARTICLE:

The U.S. treasury approved $4.3 billion for 382 financial institutions as part of its Small Business Lending Fund.

The Treasury has completed more than $1.8 billion in funding for 130 lenders, according to a department white paper obtained by Bloomberg News today. Of 932 applications received, more than 40 percent “failed to meet minimum statutory or program requirements and therefore could not be approved,” the Treasury paper said. Those requirements include size of the bank and whether it had missed dividend payments.

J Just this paragraph alone tells you that 40% failed to qualify for the previous SAME program--meaning banks will now try it again--by lowering banking standards resulting in more BAD loans that will be taxpayer guaranteed.

The small-business lending program was set up in September 2010 by Congress and the administration of President Barack Obama to provide low-interest capital injections to community banks that increase their lending to small businesses. The program permits them to use the new capital to refinance their Troubled Asset Relief Program debt.

What title did Bloomberg give the aricle?
 
They dont care about facts they only care about party.

they change what they believe when the party tells them to.

They're just fucking stupid. They honestly think the way for the economy to recover is for no one to spend any money.

LOLz!

And now we're talking about no one spending money!!!! This is fucking great!!!

Nice to know you agree with TM, a well known bigot, racist and Troll n these boards!

Party over country, right TM!?
 
Again, answer the fucking question, long term... I dare you. What happens when a company gets more money to expand?

They expand.

What happens when there is not enough demand for their product... Then what happens when the company folds? Sounds like 1995-2008 all over again…
You forgot about what happens if they succeed.
Getting credit is always going to be hard because you need to prove you are worth getting the loan.

Its harder now than its been in a while.
Now when demand is at an all time low because people are spending so little due to high unemployment and high costs of living why would expanding your business be important?
41% of small businesses cannot get adequate financing.

Small Business Can’t Get Loans From Bailed-Out Banks - Businessweek

How many small businesses are “maxed” out on output because of such high demand?

Its really amazing that a chicken and egg dilemma can fuck your head up so much.

We can't have new jobs without demand - we can't have demand if people don't have jobs - OMG lets just throw up our hands and give up. - The Republican Way
 
They dont want more jobs created.

If a republican gets elected guess what he or she will do?


Stimulate the economy.

And you partisan hacks willl cheer

Obama is lending money so business can refinance TARP loans and you cal US partisan hacks?

You know what the outcome of this is, don't you?

obama will claim business is improving SO MUCH, that companies are able to pay off their TARP loans. It's a PLOY! Obfuscation. Disingenuous. All a LIE, and you have the gall to call us partisan hacks. You're disgusting!
 
how predictable

As usual I have to read your LINKS--because you have pulled out a PART--mid-article that you like--and really who can complain about tax cuts--but your article is this--which is really THE MAIN TOPIC OF THE ARTICLE:

The U.S. treasury approved $4.3 billion for 382 financial institutions as part of its Small Business Lending Fund.

The Treasury has completed more than $1.8 billion in funding for 130 lenders, according to a department white paper obtained by Bloomberg News today. Of 932 applications received, more than 40 percent “failed to meet minimum statutory or program requirements and therefore could not be approved,” the Treasury paper said. Those requirements include size of the bank and whether it had missed dividend payments.

J Just this paragraph alone tells you that 40% failed to qualify for the previous SAME program--meaning banks will now try it again--by lowering banking standards resulting in more BAD loans that will be taxpayer guaranteed.

The small-business lending program was set up in September 2010 by Congress and the administration of President Barack Obama to provide low-interest capital injections to community banks that increase their lending to small businesses. The program permits them to use the new capital to refinance their Troubled Asset Relief Program debt.

What title did Bloomberg give the aricle?
I was replying to your COMMENT--not the title of the thread.
 
When small businesses can procure loans they can grow their businesses.

When small businesses grow they hire.

If there are no customers, pray tell, why do they need to hire? Just to save the Democrats? Fuck that. Encouraging SMEs to go into debt just to save your fucking party from its own incompetence.

And fuck you, you sick freak.

excellent stance on supply side economics UK Girl

i totally agree
 
It is a testiment to how messed up in the head the right is to attack a sound economic plan like getting small business the loans they have been asking for a couple of years now.


i guess the republicans couldnt find a way to stop this good move.
 
They dont care about facts they only care about party.

they change what they believe when the party tells them to.

They're just fucking stupid. They honestly think the way for the economy to recover is for no one to spend any money.

LOLz!

And now we're talking about no one spending money!!!! This is fucking great!!!

Nice to know you agree with TM, a well known bigot, racist and Troll n these boards!

Party over country, right TM!?
Better than hanging out with a well known child molester and donkey fucker like yourself.
 
When small businesses can procure loans they can grow their businesses.

When small businesses grow they hire.

If there are no customers, pray tell, why do they need to hire? Just to save the Democrats? Fuck that. Encouraging SMEs to go into debt just to save your fucking party from its own incompetence.

And fuck you, you sick freak.

Clearly, only the rich can take their extra money and magically create demand where it didn't exist before.
 

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