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Government, Politics and the Economy Work Visa Bill: A Threat to Outsourcers? There is a controversial "50/50" provision in the new Durbin-Grassley visa reform bill that could hurt Indian outsourcers but also save US jobs. BusinessWeek.com Bernanke: Long-Term Budget Deficits Threaten Financial Stability Fed Chairman Ben Bernanke warned that large US budget deficits are a threat to the nation's financial stability and that the government cannot continue to borrow at the current rate to finance the shortfall forever. Bloomberg.com Management, Taxe...
By Charles M Cooper · June 03 2009 small business brief, marketing, small business, economy
Government and Economy Gregg Nominated for Commerce President Obama has nominated Republican Judd Gregg to be Commerce secretary, a bipartisan gesture that the President insisted was necessary with such a troubled economy. Banks Failing to Lend Despite BailoutsThe federal government has invested nearly $200 billion in the US banking industry to spur new lending to consumers and businesses. So far, three months in, it has been a failure. Your Tax Dollars at Work: Wells Fargo's Vegas Casino JunketsWells Fargo & Co., which received $25 billion in taxpayer bailout money, has plans for a series of corporate junkets to Las Vegas casinos this month. Once a leader in subpr...
By Charles M Cooper · February 03 2009 small business brief, small business, economy, customer relations
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