Small Business Brief for 10/27

Your Tax Dollars at Work: Wall Street Bailout Money Going to Buy Other Banks Taxpayers were told that the major rationale for handing over $700 billion to Wall Street was to save the American economy by making loans more accessible. Unfortunately, it seems that some of the recipients of our largess, such as J.P. Morgan Chase would rather use our money to buy up other banks. New York Times McCain Versus Obama on Small Business Insurance Plans Republican John McCain wants to move away from employer-sponsored insurance, giving Americans the money to help pay for their plans of choice. Democrat Barack Obama prefers to subsidize health care for small businesses. Which one of these wildly different approaches do you think is best? [Read Full Article]