Cap and Trade: Win or Lose, It Will Be Close

There is a last minute push going on around the country to get to as many fence-sitters on the climate change issue as possible to vote NO on the final ballot. Why is this? After all, the legislation is just to put a cap on the amount of carbon dioxide and other greenhouse gasses that we pump into the atmosphere each day; we need it to fight global warming. The UN says so, and there is that consensus in the scientific community, and that guy from NASA has been going on about this for years! Al Gore made that movie! If anyone knows about climate and planetary atmospheres, it’s the folks a NASA and Al Gore. Right? Not so fast. There are a number of reasons why this bill is getting the opposition it is, but it all comes down to two things: Bad science, worse economics. He Blinded Us with (Bad) Science A recent article in the Wall Street Journal introduced us to a legislator named Ste... [Read Full Article]


Who Killed Small Business Credit Card Protections?

Government, Politics and the Economy Sentate Mystery: Who Killed Small Business Credit-Card Protection? When the amendment offered by Senator Mary Landrieu (D – LA) to get new consumer credit-card protections extended to small businesses was killed last month, the perpetrators left no fingerprints. In fact, no one knows precisely what happened, or why. NYTimes.com The Small Business Owners' Wish List for Obama Small business owners don't ask for much, but an end to the credit crunch, less talk of tax increases, and healthcare reform without coverage mandates do top t... [Read Full Article]


Business Grappling with Approaching Climate Bill

  Government and Economy American Business Grapples with Pending Climate Bill The "American Clean Energy and Security Act," better known as the Waxman-Markey bill, isn't a law yet, but it has become the basis for the debate over how the US should respond to pressure to slash its carbon emissions. WSJ.com What Qualifies for an Emergency Business Loans? Not all businesses will be eligible for the SBA's forthcoming loan-relief program. For example, the loans cannot be used to pay down existing SBA loans. Past borrowers, however, will still be eligible for help with other debts. CNNMoney.com Management and Fi... [Read Full Article]


Community Banks: Safe and Profitable

  Government and Economy Is Obama Anti-Business? The weekly assault on business by President Obama is becoming a fixture of this administration, or is it, as some Democrats say, merely an assault on business-as-usual? Yahoo.com/USNews & World Climate Bill: It's On Its Way There is a compromise in the works on carbon caps and while it may not garner Republican votes, it could bring skeptical Midwestern and Southern Democrats on board. BusinessWeek.com [Read Full Article]