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I'll give him four years -he won't get reelected...
BAR wrote:
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. YES |
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