4.3 billion for small business

[Truthmatters]

So how will this NOT create jobs?


Why do you hate Americans having jobs?

 

[Conservative]

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.

 

[BoycottTheday]

According to liesmatter.... yes.

Welcome to Planet Liberal

 

[bripat9643]

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

Where did the Treasury get authority to spend money without Congressional authorization?

 

[syrenn]

According to liesmatter.... yes.

Welcome to Planet Liberal

liesmatters is some of the best free entertainment out there. Mocking her is great fun.

 

[Avorysuds]

how predictable

TM, you're an idiot... You simply lack understanding the basics in economics and what’s funny is it's pretty fucking easy to understand. It's shallow people like you that are the problem, you think giving an inch means you can take a mile and sadly you don't even know wtf I'm talking about.

 

[OohPooPahDoo]

We don't need loans....we need customers.

So you want the government to be your customer?

 

[OohPooPahDoo]

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?

Seriously?

 

[OohPooPahDoo]

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.

So if the rich have no customers - how the fuck would they use a tax break to make jobs?

 

[OohPooPahDoo]

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?

YOU'RE not supposed to go into debt - its clear you can't handle the responsibility.

 

[OohPooPahDoo]

Private capital will fill the void.

It isn't.

 

[OohPooPahDoo]

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.

and?

 

[Truthmatters]

why do you people refuse facts?

small business has been complaining that they could not get loans for months now.

I posted links to that fact already.


How do you make things better if you refuse all information?

 

[Avorysuds]

TM, I'll be nice and try and put something in terms you can understand because you have heard it in movies and family so much...

Location location location... Now TM, what does that mean when it comes to a business, why does "location" matter?

The answer is People or more specifically customers TM.

You need people to buy stuff and the demand creates a reason to expand your business. If all it took was 1 million dollars and my business would do better and no one could fail. Building a mall somewhere out in a desert with no meaningful population around it does not make the mall enough of a profit just because some dumbass loaded them the money to build that mall...

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.

Please step back and look at this as if you had any kind of education.

 

[OohPooPahDoo]

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

Where did the Treasury get authority to spend money without Congressional authorization?

They didn't. Congress authorized them. And they aren't spending it. They are loaning it.

 

[Avorysuds]

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?

Seriously?

Answer the fucking question or get the fuck out IMO.

I fucking dare you to answer it.

 

[OohPooPahDoo]

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?

 

[iamwhatiseem]

When small businesses can procure loans they can grow their businesses.

When small businesses grow they hire.

You mean like the $500,000,000 loan to Obama's pet solar company that went bankrupt?
Or do you mean loans like to his other pet project like the bulb manufacturer that moved to China in less than a year after getting the money?
Or maybe you mean the window manufacturer that is Biden's favorite that received stimulus money...

...The Minnesota Freedom Foundation tells me that this same little window company also gets serious attention from the most visible people in America.

Vice President Joe Biden appeared at the opening of one of its plants. CEO Kevin Surace thanked him for his "unwavering support."

"Without you and the recovery ("stimulus") act, this would not have been possible," Surace said.

Biden returned the compliment: "You are not just churning out windows; you are making some of the most energy-efficient windows in the world. I would argue the most energy-efficient windows in the world."

Gee, other window-makers say their windows are just as energy efficient, but the vice president didn't visit them.

Biden laid it on pretty thick for Serious Materials: "This is a story of how a new economy predicated on innovation and efficiency is not only helping us today but inspiring a better tomorrow."

Serious doesn't just have the vice president in his corner. It's got President Obama himself.

Company board member Paul Holland had the rare honor of introducing Obama at a "green energy" event. Obama then said: "Serious Materials just reopened . . . a manufacturing plant outside of Pittsburgh. These workers will now have a new mission: producing some of the most energy-efficient windows in the world."

How many companies get endorsed by the president of the United States?

When the CEO said that opening his factory wouldn't have been possible without the Obama administration, he may have known something we didn't.

Last month, Obama announced a new set of tax credits for so-called green companies. One window company was on the list: Serious Materials. This must be one very special company.

 

[OohPooPahDoo]

And this helps them create new jobs...how?

Seriously?

Answer the fucking question or get the fuck out IMO.

I fucking dare you to answer it.

Its pretty fucking easy. To expand a business and make new jobs you need capital. A business loan is a way of obtaining capital. Please stop being stupid.

 

[Truthmatters]

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.