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]


Budget for Tax Enforcement to Double in 2010

  Government and Economy Obama Doubles Tax Law Enforcement Budget President Obama has proposed a near doubling of the funds to enforce U.S. tax laws next year, with an aim of more than quadrupling funding for tax compliance to $2.1 billion within five years. Reuters.com Stress Test: Banks Need More Money, Taxpayers May Not Have to Pay True, the stress tests show that the banks need more funds, but that does not necessarily mean they will get that money from the government as the Obama administration is suggesting that the rescue money that Congress has already approved will be enough to fill the gaps. NYTimes.com [Read Full Article]


Small Business Indicators Fall, Small Lenders Take a Fresh Look at SBA Loans

  Government and Economy Small Business Indicators Fall with Employment A monthly index of key small business indicators fell in January to its second-lowest level in 35 years. Washington Business Journal Small Lenders Taking a Fresh Look at SBA Loans Small community banks may have once considered SBA loans too cumbersome, but now they are becoming SBA lenders in advance of economic stimulus incentives and that could open new financing for entrepreneurs. The Arizona Republic [Read Full Article]