"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