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Mar 18 2009

Obama Pimped My Job!

I knew I liked the man for a reason. Seems that even with all the adversity he’s been subjected to; Obama is a man of focus. He understands that America’s stability relies on the Small Business.

http://www.forbes.com/2009/03/17/obama-sba-loans-entrepreneurs-finance-sba.html
“$15 billion, coming from the U.S. Treasury Department, will be used to purchase securities backed by the SBA-guaranteed loans in an attempt to jump-start the secondary credit market for small businesses. Banks that offer SBA-guaranteed loans have hit a lending wall in recent months, as the secondary market is frozen, so banks can’t get the old loans off their balance sheets to free up capital for new loans.”

15 BILLS pumped into the Small Business arena is about one of the smartest things I’ve seen any President do, in a very long time. This will give a lot of those highly skilled layoffEEs, that no longer have the faith in job security that they once had, the ability to pursue the newest Small Business frontier… The Internet. (well, it ain’t all that new to you and me — but, the newness I’m talking about is the newly recognized validity of starting a business online).

Makes this old die hard early adopter feel justified in knowing that I have money coming to me through hungry and business minded individuals ready to explore this thing called the Internet they’ve been reading about.

 

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