4.3 billion for small business

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
Treasury Approves $4.3 Billion for Small Business Lending Fund - Bloomberg


The Obama administration has supported 17 tax breaks providing tax relief of more than $50 billion for small businesses, Don Graves, the Treasury’s assistant secretary for small business, wrote in a blog posting Sept. 2. Small businesses employ about half the workforce and account for 60 percent of gross job creation, Graves said.


Im sure the cons will hate this one for SOME reason
 

whitehall

Diamond Member
Joined
Dec 28, 2010
Messages
46,862
Reaction score
10,671
Points
2,040
Location
Western Va.
Who is going to administer the loans? The federal government is already trying to drive the banking industry out of business. Is it going to be "green" businesses like Solyndra? How did that work out?
 

Conservative

Type 40
Joined
Jul 1, 2011
Messages
17,082
Reaction score
2,053
Points
48
Location
Pennsylvania
Treasury Approves $4.3 Billion for Small Business Lending Fund - Bloomberg


The Obama administration has supported 17 tax breaks providing tax relief of more than $50 billion for small businesses, Don Graves, the Treasury’s assistant secretary for small business, wrote in a blog posting Sept. 2. Small businesses employ about half the workforce and account for 60 percent of gross job creation, Graves said.


Im sure the cons will hate this one for SOME reason
The program permits them to use the new capital to refinance their Troubled Asset Relief Program debt.
And this helps them create new jobs...how?
 
OP
Truthmatters

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
When small businesses can procure loans they can grow their businesses.

When small businesses grow they hire.
 
OP
Truthmatters

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
Small businesses employ about half the workforce and account for 60 percent of gross job creation
 

syrenn

Rookie
Joined
May 10, 2010
Messages
47,839
Reaction score
11,195
Points
0
Treasury Approves $4.3 Billion for Small Business Lending Fund - Bloomberg


The Obama administration has supported 17 tax breaks providing tax relief of more than $50 billion for small businesses, Don Graves, the Treasury’s assistant secretary for small business, wrote in a blog posting Sept. 2. Small businesses employ about half the workforce and account for 60 percent of gross job creation, Graves said.


Im sure the cons will hate this one for SOME reason


you mean like this one?




http://www.usmessageboard.com/polit...ion-guaranteed-loan-announces-bankruptcy.html
 
Joined
Oct 8, 2009
Messages
50,337
Reaction score
10,053
Points
0
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.
 

OODA_Loop

Account Terminated
Joined
Aug 24, 2011
Messages
8,494
Reaction score
676
Points
175
Location
Lubyanka
Make the banking regulatory environ conducive to small business loans and leave the tax payer out of it.

Nope. Has to be .gov
 
OP
Truthmatters

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
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.
 

Conservative

Type 40
Joined
Jul 1, 2011
Messages
17,082
Reaction score
2,053
Points
48
Location
Pennsylvania
When small businesses can procure loans they can grow their businesses.

When small businesses grow they hire.
what part of...

The program permits them to use the new capital to refinance their Troubled Asset Relief Program debt.
...did you not understand? I know it' was a lot of words, all strung together (those are called sentences, btw), but at least make an effort.
 
OP
Truthmatters

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
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.
 

syrenn

Rookie
Joined
May 10, 2010
Messages
47,839
Reaction score
11,195
Points
0
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.


How ya liking his polls lately? The programs must be that great :thup:
 
Joined
Jul 3, 2011
Messages
1,301
Reaction score
94
Points
48
This is a joke , right? im supposed to go into debt?

While the DemocRats wage a war on capitalism

and want to redistribute any wealth i create?


:lol: :lol: :lol: :lol: :lol: :lol:

:lol: :lol: :lol: :lol:

:lol: :lol: :lol:

:lol: :lol:

:lol:
 

OODA_Loop

Account Terminated
Joined
Aug 24, 2011
Messages
8,494
Reaction score
676
Points
175
Location
Lubyanka
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.
Dont do this.

Private capital will fill the void.

Incent with tax benefit.
 
OP
Truthmatters

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
there you have the rights commitment to creating jobs
 
OP
Truthmatters

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
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
 

New Topics

Most reactions - Past 7 days

Forum List

Top