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	Name:	MartiniMan -
	Subject:	Small business financing
	Date:	5/24/2010 12:36:01 PM

I have no doubt some small businesses may have trouble getting financing. We changed our operating line provider this year and had a number of good options. But our business was sound (i.e., strong balance sheet, decent financial performance given the economic turmoil, etc.) so we are a good target for this type of financing. A lot of the banks were very aggressive in going after our business.

The real problem is the administration's war on business, tax increases on all Americans with the expiration of the Bush tax cuts, uncertainty caused by the trillions in new debt and other missteps by the administration have all contributed to the problems.

At this point I don't think the administration knows how to change course much less being able to set aside their ideology to do so. If unemployment stays high going into 2012 any candidate on the GOP side should have as their tag line, "It's all about jobs stupid". If unemployment drops to below 8% he will be reelected (absent some unforeseen event).

Other messages in this thread:

View Entire Thread

Weekly Jobless Claims up 25,000 to 471,000 - MartiniMan - 5/20/2010 9:08:17 AM

Weekly Jobless Claims up 25,000 to 471,000 - Dixie Drifter - 5/20/2010 1:19:23 PM

It is all Bush's fault (nfm) - water_watcher - 5/20/2010 1:28:41 PM

Weekly Jobless Claims up 25,000 to 471,000 - GoneFishin - 5/20/2010 7:01:26 PM

May's Market Performance - lotowner - 5/20/2010 8:49:40 PM

That is BS, GF - water_watcher - 5/21/2010 7:26:58 AM

Follow up GF - water_watcher - 5/21/2010 7:32:46 AM

Follow up GF - MAJ USA RET - 5/21/2010 8:16:36 AM

That is BS, GF - Barneget - 5/21/2010 3:24:35 PM

That is BS, GF - water_watcher - 5/21/2010 6:31:41 PM

Small business financing - MartiniMan - 5/24/2010 12:36:01 PM

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