Cantor to Congress: Help Small Business

  Government, Politics and the Economy Cantor to Congress: Help Small Business Virginia Rep. Eric Cantor told the Independent Insurance Agents & Broker’s Big I Legislative Conference in Washington, DC, that the country faces tough choices on the economy and that Congress should be “helping small business right now, not imposing more burdens on them.” Fed: Recession May Be “Moderating” With unemplyment at record levels, Treasuries falling, 10-year yields at their highest level since October, the government sale of $19 billion of the securities and Russia saying that it may switch some reserves away from US debt, th... [Read Full Article]

Emergency Loans to Begin Soon

Government, Politics and the Economy Gingrich: Obama Has “Already Failed” Former House Speaker, and possible 2012 presidential candidate Newt Gingrich said that President Obama’s plan to fix the economy through stimulus spending and government intervention has “already failed.” NY Senate: GOP Takes Control in Coup In a remarkable move, the New York Senate has come back into Republican hands. Malcolm Smith was ousted as Senate Majority Leader replaced by Senator Dean Skelos of Rockville Centre. Dems still hold the majority, but not the leadership and Paterson is ballistic. [Read Full Article]

Venture Capitalist becomes Advocacy's Chief Counsel

  Government, Politics and the Economy Obama Names Venture Capitalist to SBA Advocacy Office President Obama has named Venture Capitalist Winslow Sargeant as the chief counsel of the Small Business Administration’s Office of Advocacy. Obama: Our Projects Will Boost Jobs, Economy Has `Long Way to Go' President Obama has vowed to speed up the spending of federal money on public works projects and said there are signs that a US economic recovery has helped lead to a “reduction in fear” in financial markets. [Read Full Article]

Merchants May Find Help With Credit Card Costs

  Government, Politics and the Economy Partisan Lines Forming Over Healthcare Reform The top Senate Democrats and President Obama appear aligned in support of a government-run health insurance option, facing off against Senate Republicans who say they refuse to won't back such a measure. New Bill Could Help Merchants with Credit Card Costs Under a new bill before the House of Representatives, merchants would be able to negotiate with banks to reduce the costs associated with credit card purchases. [Read Full Article]