LOL Probably not.
unless this was a conservative group, I’m sure you guys would have no problems piling on 
No I wouldn’t but that niether here nor there.
^^Insert “e” at the end of hat since it won’t let me fix it.
So Obama is going to be expected to play Roosevelt to Bush’s Hoover…
Hit edit then hit go advanced.
Obama looks to bailout small businesses.
Accessible guaranteed loans
Elimination of cap gains on start-ups
Obama Proposes Small Business Rescue Plan
BY Robert Barnes
CHILLICOTHE, Ohio – Barack Obama today proposed a plan of tax cuts and loans for small businesses hurt by the current credit crisis, a temporary program he said is needed to help Main Street and complement what has already been done for Wall Street.He said the $5 billion Small Business Rescue Plan would be similar to one implemented after the terrorist attacks of Sept. 11, 2001, and would be run through the Small Business Administration.
He told a courthouse crowd that the program would be a way of “extending our hand to the shops and restaurants, the start-ups and small firms that create jobs and make our economy grow. Main Street needs relief and you need it now.”
He said the plan would make it easier for private lenders to make small business loans by expanding the SBA’s loan guarantee program and eliminating fees for borrowers and lenders.
Obama has previously called for eliminating capital gains taxes on investments in small businesses and start-ups and today proposed an additional temporary business tax incentive through next year to encourage new investments.
“Because it’s time to protect the jobs we have and to create the jobs of tomorrow by unlocking the drive, and ingenuity, and innovation of the American people,” Obama said
:lol: Nice. He’s going to leverage the strong fundamentals of our economy.
So a few banks got trillions and the tens of thousands of small businesses get to share $5 billion?
Awww that’s sweet.
wat?
Didn’t you get the memo?
There have been some “bailouts” recently of financial firms that total over a trillion dollars.
Maybe banks wasn’t the proper word to use.
no bank got trillions. AIG got the most so far, 85 billion. Or 0.085 trillion. But they’re an insurance company.
However, I agree that 5 billion isnt enough for small business. But its better than “Free to Fail” McCain.
An insurance company that thought it could be a bank.
The total is over a trillion.
5 billion is an insult to small business everywhere.
Please tell me where you found the other $300,000,000,000 Mike
They are not done yet.
^
true. Most pundits say the 700 was a guesstimate. They have no idea what they. I think Cramer (please dont flame me for invoking his name, maybe it wasn’t even him…anywhoo) said that when all is said and done 2x-3x of this bailout package will be needed.
I FAIL
Honestly, I think this was your most insightful political post yet. :tup:
Dumb on all counts.
LAWL I got owned bad there.
they were atop each other when I posted…
failboat ticket please.