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Thread: Obama pleads with Republicans on small business bill

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by liblady View Post
    because my sister already provided healthcare to her employees, she now gets a break for doing just that. good deal.



    I give my employess a health care addendum to thier checks, where they could get the coverage they wanted. I will no longer be able to do this, and they will all be forced into a crappy plan, that will cost me more money. HOORAY!
    Let evil swiftly befall those who have wrongly condemned us

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by disneydude View Post
    LOL....the problem with "Trickle down economics" is that it is based on the belief that if you give big tax breaks to corporations and business, that it will "trickle down" to the consumer. The fact is.....it rarely trickles down very much. It didn't work under Reagan and it didn't work under Bush. Bill Clinton corrected the flawed economic policy and Obama is attempting to do the same. But...as usual, the wealthy and those who benefit the most politically from them are fighting it because they don't want to lose their benefits.
    Geezus...its like a guy in a 9 foot hole sayin "HEY! I need another shovel down here!!!!"

    Like I said...low. Wow.

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by Reverend_Hellh0und View Post
    I give my employess a health care addendum to thier checks, where they could get the coverage they wanted. I will no longer be able to do this, and they will all be forced into a crappy plan, that will cost me more money. HOORAY!
    why will it cost more more, rev? you'll get a break for doing it, right?

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by liblady View Post
    because my sister already provided healthcare to her employees, she now gets a break for doing just that. good deal.
    LibLady, your sister ALWAYS got a tax break for providing health insurance to her employees. Don't get too excited.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by liblady View Post
    why will it cost more more, rev? you'll get a break for doing it, right?


    I don't think so. It's a mandate now, where I will have to spend more to give my employees less. Giving me part of that back, my employees still get less while I pay more. Pure statism.
    Let evil swiftly befall those who have wrongly condemned us

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by disneydude View Post
    Absolutely we do.....Greed. Trickle down economics never works....it never has and it never will because of one reason.....greed.
    If you really believe that nonsense then you are diametrically opposed to how this country works. If you think people who make more are simply greedy and don't deserve it come right out and say you are a socialist and stop pretending for us.
    Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by Reverend_Hellh0und View Post
    So other than acceleration of depreciation which will be offset by the new taxes I must pay and the healthcare I must provide, this is really a bank bill?
    yep, if you are profitting by a quarter million and have no financing needs, other than quicker write downs of acquired assets and a stronger banking system, that bill would not do much for your situation
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by justabubba View Post
    yep, if you are profitting by a quarter million and have no financing needs, other than quicker write downs of acquired assets and a stronger banking system, that bill would not do much for your situation



    So it's not really a "small business bill" after all then...
    Let evil swiftly befall those who have wrongly condemned us

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by Reverend_Hellh0und View Post
    So it's not really a "small business bill" after all then...
    sure it is
    i have lots of small business loan packages already completed for a variety of clients who are having a difficult time getting financing
    the major banks are ignoring small business lending. in many instances refusing to renew annual credit lines of long term, successful and solvent companies
    that big bank bailout provided an infusion of capital that those multi-nationals can lend to israelis, south koreans, brazilians and other off shore corporations and realize a better yield than here in the USA
    meanwhile, community banks have been subjected to increased reserve requirements, and did not get to belly up to the fed's bar like the big boys. so, until this bill passes, they necessarily have to be very rigid in their lending practices
    net result, most small businesses needing funds to weather the storm are without the necessary capital to do so
    and since small business is the major generator of jobs in America, they are without the means to generate jobs
    there is no wonder why the economy is down and will continue to lag until we infuse the small business sector with loans to the creditworthy
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama pleads with Republicans on small business bill

    Quote Originally Posted by justabubba View Post
    sure it is
    i have lots of small business loan packages already completed for a variety of clients who are having a difficult time getting financing
    the major banks are ignoring small business lending. in many instances refusing to renew annual credit lines of long term, successful and solvent companies
    that big bank bailout provided an infusion of capital that those multi-nationals can lend to israelis, south koreans, brazilians and other off shore corporations and realize a better yield than here in the USA
    meanwhile, community banks have been subjected to increased reserve requirements, and did not get to belly up to the fed's bar like the big boys. so, until this bill passes, they necessarily have to be very rigid in their lending practices
    net result, most small businesses needing funds to weather the storm are without the necessary capital to do so
    and since small business is the major generator of jobs in America, they are without the means to generate jobs
    there is no wonder why the economy is down and will continue to lag until we infuse the small business sector with loans to the creditworthy


    Ok, I can see that. Weren't the bailouts supposed to do this, then the banks ended up holding onto the money anyway?
    Let evil swiftly befall those who have wrongly condemned us

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