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.

We've had eight years of little or no regulation...no thanks. We're
supposed to trust business to do the right thing, when its motivation
seems to be greed and short-term profit? The behavior of business gives
me no warm and fuzzy feelings we should return to the 19th century.