Friday, July 23, 2010

Obama and Small Business

July 23rd and Obama is pushing to help small business hire people. He wants 30 billion (more) to lend to banks so they in turn lend to small businesses.
http://www.cnn.com/2010/POLITICS/07/23/obama.economy/

He already tried this 6 months ago and it didn't work. Then it was 33 billion for tax credits to hire people.

January 2010 Obama offers $5000.00 to any small business who hires someone.
http://money.cnn.com/2010/01/28/smallbusiness/obama_jobs_plan/index.htm

Didn't work.

Why does Obama spend so much time trying to get small business to hire people...... Because he knows full well that big business wants nothing to do with hiring Americans.

All his rich (and famous) CEO's are invited to all his fancy state dinners. They tell him straight up we aint hiring. If they are not in Bangalore you can forget it buddy. Now pass the caviar.

So Obama asks "well how can I get people working.... my approval ratings are in a tailspin" The filthy rich ceo's laugh (while smoking their cigars) and say "try to get small business to hire". " They aren't smart enough to go overseas. Keep throwing carrots at them".

And so he does. But like all his other plans it aint workin.

Instead of sippin Champaign with the titans of corporate America he needs to be dictating to them. But he doesn't have the guts to stand up to his campaign financers.

So round and round it goes. One failed bill after the next. Just keep throwing mud at the wall and hope something sticks.

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