It would come at the expense of retirees and would hurt ‘stakeholders’ too.
www.wsj.com
Opinion.
FTC officials are collaborating with Europeans to foil U.S. health care company acquisition of a startup focused on early cancer detection.
www.foxnews.com
More opinion.
President Biden claims to support small businesses during National Small Business Week this week, but his actions speak louder than words. Biden is waging war on small businesses,
www.realclearpolicy.com
"Biden is waging war on small businesses, hitting them hard with new regulations, taxes".
Just because Ortiz claims it, doesn't make it true.
What are the new regulations and taxes?
"As with the recent failures of Silicon Valley Bank and Signature Bank, First Republic buckled under the weight of plummeting asset values due to the Federal Reserve's rapidly raised interest rates to fight Bideninflation".
So............it's Biden's fault the bank speculated..........and lost?
Those poor banks...But not their employees.
"Silicon Valley Bank workers reportedly received their annual bonuses
just hours before the financial institution collapsed — and ahead of an expected Monday morning run by customers desperate
for their cash".
"Employees who agree to stay on with the failed bank also will receive 1.5 times their normal pay for the next 45 days, with hourly workers getting double their normal rate,
Axios reported Saturday".
"The banking crisis is
limiting access to credit for small businesses, preventing them from operating at capacity or expanding".
So, a bank, a decent bank, should know a clients risk, if they are over extended, why loan them $$$?
"Small banks, which
make 60% of small business loans and 80% of farm loans, are especially vulnerable as depositors flee for big banks in a perceived flight to safety".
Free markets?
"Biden's reckless spending has fueled historic and prolonged inflation that's eroded small businesses' already thin profit margins".
Sure Biden created worldwide inflation?
For being so stupid, he sure has complete control over every country's economy.
"Sensible legislation passed by the House of Representatives last week to rein in this inflationary spending and help small businesses has been rejected by Biden and his fellow Democrats".
Sure..........like this.
"Job Creators Network's
American Small Business Prosperity Plan fights back in an effort to bring Main Street back. Each of the plan's eight proposed policy provisions, co-developed with former Speaker of the House Newt Gingrich, enjoys over 70% support from American small business owners. Three of the plan's provisions, ending reckless spending, regulatory relief, and work requirements for welfare, were passed in last week's House legislation".
Of course, NOOT.