Eisboch wrote:

"jps" wrote in message
...

On Mon, 12 Jan 2009 03:31:44 -0500, "Eisboch"
wrote:


State run SBA *is* too small. I am proposing a temporary federal
version of
SBA to get things started, funded by the already approved bailout
funding.

Eisboch


Have you seen what the federal gov't did with the program it initiated
to help victims rebuild their homes in NO? Yikes. Bureaucrats are
good at layering bull**** between good intentions and execution.


The mistake made there was depending on a bureaucratic government to
execute the details of
the program. The government is good at approving and allocating money,
that's all.
Make the funding available to hands-on people that know how to get
things done.

Normally, I wouldn't even propose federal funding for new company
start-ups (or even SBA loans) because I think learning how to self-fund
a company is as important as the product or service you provide.
However, given the crisis that currently exists and the increase in
un-employment, a temporary avenue for start-up funding using federal
money (now being completely wasted on bailouts and so called "stimulus"
packages) would be money much better spent in the long run with
benefits to the economy and country that are more concrete and long
lasting.

Just an idea.

Eisboch



Reduce government regulation at the local, state and federal levels and
cut long term capital gains to 5%. Let businesses be businesses and not
bureaucracies. Get the current capital in the market working again.