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Government and Economy Obama's Perplexing Tax Hikes There is general agreement that it's not a good idea to raise taxes during a severe recession. Yet, here we are in a long, deep recession, and President Obama's budget includes a large number of tax increases. What's the deal? SBECouncil.org Can Obama's Plan Stimulate Small Business Lending? The Obama Administration offered a plan to spur lending and help for small businesses, but the program carries some real risks for the government. BusinessWeek.com Management and Financial Issues
By Charles M Cooper · March 18 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
Government and Economy SBA Expands Emerging 200 Initiative to 15 Cities as First Group of Executives Complete Innovative New Program The U.S. Small Business Administration’s innovative Emerging 200 initiative will be expanded in the spring of 2009 to include five new cities – Detroit, Dallas, Denver, Jacksonville, and Portland, Ore. – SBA Acting Administrator Sandy K. Baruah announced today. New Action by Treasury and Federal Reserve Will Support Small Business Lending Late last week, the Treasury Department and the Federal Reserve announced important details on how the Term Asset-Backed Securities Loan Facility (TALF) wi...
By Charles M Cooper · December 24 2008 small business brief, marketing, small business, retail
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