Turn the Buzz into Loyalty

  Government, Politics and the Economy Seidman: I Don't Want the Recession to End Yet According to Dov Seidman, the founder, chairman and chief executive officer of LRN, we need more time to understand where our economy went wrong and to get Wall Street back into proper perspective. BusinessWeek.com Next Six Months Will be Tough for Obama In his first six months as President, Barack Obama got a $787 billion economic stimulus package, $750 billion for the financial crisis, and a down payment on a $1 trillion overhaul of the healthcare system. With greater policy hurdles before him, the next six mo... [Read Full Article]


Is the Recession Stimulating the Growth of Small Business?

  Government, Politics and the Economy Recession May be Stimulating Increase in Non-Employer Businesses According to the latest Census figures, 2007 saw a million new non-employer businesses in 2007, for a total of 21.7 million, that together had sales of nearly $1 trillion, about 7% of the 2007 US GDP. BusinessWeek.com Senate Plan to Overhaul Healthcare may Advance on $1 Trillion Pricetag According to Senate Finance Committee Chair Max Baucus, the cost of the healthcare reform options before his panel can be cut to $1 trillion, which could remove a major barrier to the bill’s passage. Bloomberg.com... [Read Full Article]


Obama: No Second Stimulus Bill Needed...Yet

  Government, Politics and the Economy Obama: No Second Stimulus Effort Needed, Yet President Obama expects the US unemployment rate to exceed 10% this year, though he says that a second stimulus package isn’t needed...yet. Bloomberg.com Management and Operations Success as an Introverted Leader Introverts can feel ignored, overlooked, and misunderstood in today's extroverted business climate, but it doesn't have to dead-end your career. Here's advice on how... [Read Full Article]


Obama Nominates a Business Moderate to the Supreme Court

  Government and Economy Sotomayor: A Business Issue Moderate President Obama's Supreme Court nominee, Sonia Sotomayor, has a mixed record on the issues important to the business community. BusinessWeek.com Emergency Loans: Will the Banks Go Along? The SBA is preparing to launch its long-awaited emergency loan program for debt-burdened businesses. However, the potential lenders are a bit wary and are asking for more details before they commit to participating. CNNMoney.com Consumer Confidence Jumps on Jobs Outlook [Read Full Article]


Small Business and the Stimulus Package

  Government and Economy The Stimulus and Small Business Sales are slow, banks are holding tight and many small businesses are strapped for operating capital. The good news is that both the House and Senate versions of the stimulus bill address this issue, to an extent. The bad news is they can't agree on how to handle it. New TALF Plan Wins SBA Approval Newest Version of the Troubled Asset-Backed Securities Loan Facility (TALF) includes Changes Requested By SBA to Help Unclog Secondary Market for Small Business Loans. [Read Full Article]


Obama Argues Stimulus as Postal Service Eyes Delivery Cutbacks

Government and Economy Obama Argues for Stimulus Before House Expecting easy House approval of an $816 billion stimulus plan, President Obama said the nation is at a "perilous moment" that requires swift and decisive action from government. Fed to Use Every Tool to Help Economy The Federal Reserve has signaled that it will continue with the “unconventional tools” they have used so far to cushion the pain of the recession, including keeping interest rates at record lows. [Read Full Article]


Clinton Insider Gets Commodities Post, Automakers Get $17.4 Billion

Government and Economy Obama Names Clinton Insider to Commodities PostGary Gensler, a former Clinton Treasury official, has been picked by President-elect Obama to regulate the same financial instruments he defended in the nineties, instruments that helped to create the subprime mortgage crisis. Stabilizing the Automotive Industry The text of Treasury Secretary Paulson's statement on stabilizing the automotive industry. President Bush: Automakers to get $17.4BCiting danger to the national economy, the Bush administration came to the resc... [Read Full Article]


Small Business Brief for 11/13

Politics and Government Obama Ought to Look at the Effect of Entrepreneurial Immigrants According to U.S. News & World Report's Matt Bandyk, immigration will be an important small business issue for the next administration. Immigrants are 30% more likely to start businesses and they make up 16.7% of all new business owners in the country. Democrats at Work to Tap Bailout for AutomakersWASHINGTON (AP) - Congressional Democrats are marshaling support for a rescue package to pump $25 billion in emergency loans to U.S. automakers in exchange for a government ownership stake in Detroit's car companies. Economics and Labor Issues [Read Full Article]