Posted on10 February 2010.
http://news.yahoo.com/s/ap/20090316/ap_on_go_pr_wh/obama_economy
Per the article, Obama is helping small businesses to get loans.
According to many in here, that seemed to be one of the ways to boost the economy. Now that President Obama is addressing this, what will his naysayers gripe about now?
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They will say not enough, will not help anyone because their tax base is too high and will off set any money given..will use old polls,old articles and quote some radical dude some where
Stay tuned this afternoon as it comes….
I’m sure they’ll think of something
It’s either not enough or it’s the wrong approach.
The real question is how will Obama and the liberals spin this claim.
Let’s see what form these loans actually take and how beneficial they will truly be for small business, when put into action.
Talk is cheap. So far Obama has broken a very large percentage of his campaign promises. And, has continually tried to put a positive spin on actions that can in the long run destroy the American economy.
Wait until the small buisness is a failure like Hussein Obama and the banks are left holding the bill again… WHAT?
So he can collect it back on higher taxes? Perhaps if he didn’t raise their taxes, they wouldn’t need a loan.
um….too bad it’s not as much money going to Hamas and storm windows for federal buildings …. and too bad those small-business owners are going to have to pay higher unemployment taxes and insurance in two years when Obama’s "free taste" expires…
Your inability to see the whole picture does not mean that it doesn’t exist for all to plainly see..
I think Obama has the same thinking process as you do.
"Now it will look like I’m doing something for small business, and they will have to shut up."
Really, all he did was ask the banks to report how many loans to small businesses they have given.
And put $750 million out of $750 BILLION into trying to loosen up loans for small businesses.
And let them write off a little more come tax time.
Basically, this whole thing was a PR stunt to make it look like he is doing something for small businesses and people like you eat it up with a spoon.
They wouldn’t need so much in loans if he didn’t tax them to death.
They will claim its all a smoke screen… or the GOP will take credit!
obama will spin everything that will end up harmful to america
"Helping small businesses to get loans." But did you see how? By having the FEDERAL GOVERNMENT guarantee the loans. Ever hear of Fannie Mae? The entire subprime crisis was caused by the Government "helping poor people to get mortgages" by guaranteeing them with the TAXPAYERS’ money. Can you not see that this is the same thing? And once they give them $750 million, a few more billion is right around the corner.
No spin, that is one of the few things he is planning that gives direct support for people who will be creating the majority of new jobs. It is way too pitifully small in proportion to the money wasted on pushing the Democratic agenda which helps neither the economy now or in the future. Every now an then even a blind squirrel gets a nut. Throw trillions at a problem and chances ar a few billions will do something good.
why do you have to constantly whine? No matter what obama does or does not do, you’re going to be shouting your admiration for his actions for the entire world to hear. your infatuation with the guy is absurd.
CJ. Before you start waving the flag for Obama on this small business,
loan information. Look into the SBA, I mean really look into it, You will
find that it is not what the government would like u to think it is. They
are ham stringers on providers of Opportunity, They are stumbling block
providers not enablers. They have done there level damnedest to thwart
attempts by young owners and first time company enthusiast then any
other situation in government. You are far better off going for a business
start up grant, rather then dink with the SBA, Just More Obama BS.
I still say. 900 million to HAMAS and 720 million to small business
does not equate.
With the monies already committed sh1t stain obama has already nearly doubled the national debt in under 2 months!
People complained about village idiot bush! In under 2 months sh1t stain has committed monies that will raise the national debt over 2.5 times what village idiot did in 8 years!
sh1t stain is just throwing mony at the problems! he has NO plan on what to do! The only thing he is doing is making a bad situation worse! Look at what his solution to every problem is! Throw money at it! Keep the same people who screwed up the problem and give them more money to play with! Is this a sound policy? I don’t think so!
I’ll put my money on the "It’s socialistic, only rich people supply jobs" card.probably see a little of the "Why isn’t he working only on the economy, how can anyone work on two things at once?" card too.
Just another Obama PR stunt that you liberals keep falling for! He holds shiny objects in his right hand to get your attention then he stabs you with a knife he is concealing in his left hand. This is just more talk from the big talk man.
Not too helpful when they have to pay them back .
They’ll come up with some incoherent, idiotic and typically republican response that under minds any accomplishment or success that we may experience. Whatever the case, republicans tend to be angry, negative, selfish people that have some delusion that if they don’t pay taxes they’re going to get rich. They’re not equip with a great deal of logic or reasoning. For the most part, they’re haters that lack the personality to make and maintain friends and personal relationships. They tend to get old and lonely.
It’s a start but he could cut the Capital Gains tax and give an Instant boost to businesses.
Its our money so aren’t we the ones who are helping small businesses?