Screw the bill and Obama, extend the BUSH tax cuts, lower the corporate tax rate, reduce payroll taxes, repeal Obamacare and forget cap and trade/tax. Do these things and wathc the economy take off. Consumers, employers, and wall street are al playing it close to the vest because they see the writing on the wall. Why anyone would want to add employees to their payroll, or make capital expenditures to improve/expand their business right now is beyond my comprehension. This President and his cronies are instituting policies to intentionally destroy this nation and prostrate it before the rest of the world. America is an exceptional nation and Americans are exceptional people. Get the yoke of government off our backs and this economy will soar. The uncertainty created by this administration is and will continue to kill this economy - which is exactly what these left wing radicals want. Only by destroying this nation can they reshape it it into their socialist utopia. Obama's the best thing that america'a enemies could have hoped for - destruction of the Great Satan from within. 2012 cannot get her fast enough!!!!
Obama calls on GOP to pass Small Business Jobs Bill
- Thread starter Alan Bussey
- Start date
Alan Bussey
Member
Reds -
The $30 Billion is money that financial institutions have already repaid from the TARP program. It is not newly borrowed money. For the banks that elect to borrow some of the $30 Billion there are sensible incentives to repay their loans within just a few years. You can read those in the bill yourself. (Personally, I doubt that very many banks will borrow significant money under this program.) Those repayments will go back to the Treasury to pay down the federal debt. It is estimated that the Treasury will make a profit on the $30 Billion of about $1.1 Billion.
Reds, you may already know that it is common for national governments, including the US Government, to pay down national debt after a recession and during the following expansion. (Unfortunately, this time we had the triple-whammy of two wars and a serious recession.) I have heard Fed Chairman, Ben Bernanke, say several times that the national debt needs to be paid down once the economy is running well again. The Treasury Secretary has said the same. Alan Greenspan, the former Fed Chairman, also said the same very recently. I believe that our leaders clearly understand that the federal deficit and the federal debt need to be corrected, and I believe that we, the people, will tolerate nothing less.
Reds, it seems to me that many people mix their understandably negative feelings about the March Healthcare Act with the excellent actions of our leaders in both the Obama and Bush administrations to keep us out of a serious Depression.
I saw this brief article just today that does a good job of summarizing the situation:
http://www.newsweek.com/2010/09/19/zakaria-don-t-forget-that-the-bailouts-worked.html
Reds, it seems that the whole country, or at least a majority of the voters, are highly aware of the economic situation in our country, and this heightened awareness is a good thing. It is my belief that we CAN and WILL get our elected leaders, whoever they end up being, to get our national financial affairs in order - and quickly.
Alan Bussey
The $30 Billion is money that financial institutions have already repaid from the TARP program. It is not newly borrowed money. For the banks that elect to borrow some of the $30 Billion there are sensible incentives to repay their loans within just a few years. You can read those in the bill yourself. (Personally, I doubt that very many banks will borrow significant money under this program.) Those repayments will go back to the Treasury to pay down the federal debt. It is estimated that the Treasury will make a profit on the $30 Billion of about $1.1 Billion.
Reds, you may already know that it is common for national governments, including the US Government, to pay down national debt after a recession and during the following expansion. (Unfortunately, this time we had the triple-whammy of two wars and a serious recession.) I have heard Fed Chairman, Ben Bernanke, say several times that the national debt needs to be paid down once the economy is running well again. The Treasury Secretary has said the same. Alan Greenspan, the former Fed Chairman, also said the same very recently. I believe that our leaders clearly understand that the federal deficit and the federal debt need to be corrected, and I believe that we, the people, will tolerate nothing less.
Reds, it seems to me that many people mix their understandably negative feelings about the March Healthcare Act with the excellent actions of our leaders in both the Obama and Bush administrations to keep us out of a serious Depression.
I saw this brief article just today that does a good job of summarizing the situation:
http://www.newsweek.com/2010/09/19/zakaria-don-t-forget-that-the-bailouts-worked.html
Reds, it seems that the whole country, or at least a majority of the voters, are highly aware of the economic situation in our country, and this heightened awareness is a good thing. It is my belief that we CAN and WILL get our elected leaders, whoever they end up being, to get our national financial affairs in order - and quickly.
Alan Bussey
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Red Baron
Active member
Well said, Chief.
The US is vomiting. Sometimes you have to vomit to get better, to rid yourself of what is ailing your body. Obama has been so radical, so bad for our country, that he has forced even the most dense among us to wake up and realize we have to fight his agenda to save our country and way of life for our kids and theirs.
After Pearl Harbor, Yamamoto said: I fear we have awakened a sleeping giant, and filled him with a terrible resolve. Obama has awakened a sleeping giant whose resolve we'll all see Nov 2, and again in 2012.
The US is vomiting. Sometimes you have to vomit to get better, to rid yourself of what is ailing your body. Obama has been so radical, so bad for our country, that he has forced even the most dense among us to wake up and realize we have to fight his agenda to save our country and way of life for our kids and theirs.
After Pearl Harbor, Yamamoto said: I fear we have awakened a sleeping giant, and filled him with a terrible resolve. Obama has awakened a sleeping giant whose resolve we'll all see Nov 2, and again in 2012.
Red Baron
Active member
Yeah, and Lindsey Lohan will be cured if she can just get better cocaine.
Obama cannot fix the problem. It's not just that he doesn't have the tools -- it simply isn't part of his agenda, which is to redistribute wealth and reshape the US.
I've been telling my liberal friends for years that you could confiscate all the wealth in the US and divide it up equally among everyone, and in 5 years the same people would be poor again and the same people would be wealthy. But I'll be darned if Obama isn't going to try it anyway.
Alan,
Please send me some of whatever you are smoking. Maybe then the economy won't look as bad as it really is. Wake up and smell the coffee, Obama could not be more of a disaster for this nation if he tried - Oh wait, he is trying.
Please send me some of whatever you are smoking. Maybe then the economy won't look as bad as it really is. Wake up and smell the coffee, Obama could not be more of a disaster for this nation if he tried - Oh wait, he is trying.
pitzerwm
Active member
Obama made a lot of friends today in Philly. Closed the airport for an hour, while he took off. I happened to be one of them that circled for 1/2 hour and sat on the tarmac for another 1/2 hour, damn near missed my connection. Even the pilot was irratated and made it very clear that it was the airlines fault.
Red Baron
Active member
It's been 26 years since flight school but if memory serves, the only aircraft that have priority over Air Force One is a medivac flight and I think a military aircraft on a mission of nation security importance.
A lot of thoughts come to mind right now about Obama's flight, but since I'm not eagar to get a visit from Secret Service, I'll keep them in my head.
A lot of thoughts come to mind right now about Obama's flight, but since I'm not eagar to get a visit from Secret Service, I'll keep them in my head.
Reds
Member
Alan, IMO the government, not just Obama's administration, created this problem. I don't agree with any solution involving the government. The policies that brought on this mess were supposed to be fixes and improvements for exisiting issues. And I am not a liberterian.
Red Baron
Active member
It's funny how this thread has played out. You can just sense that voters (car wash owners) will seek their revenge for what Obama's goons have done to our country, by not doing anything that might help Obama.
It's almost like going back for your 20 year high school reunion to find that the mouthy bully who picked on the weak in school, is now fat and pathetic, while you're a black belt and in better shape than you were at 18. You just hope and pray that he'll give you a chance for revenge.
Alas, the reunion is really the Nov 2 election, and the beating will be thoroughly enjoyed.
It's almost like going back for your 20 year high school reunion to find that the mouthy bully who picked on the weak in school, is now fat and pathetic, while you're a black belt and in better shape than you were at 18. You just hope and pray that he'll give you a chance for revenge.
Alas, the reunion is really the Nov 2 election, and the beating will be thoroughly enjoyed.
ted mcmeekin
Fast and Clean
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great column by life long Democrat and former editor of Denver Post
http://thevailspot.blogspot.com/2010/05/its-all-bushs-fault-from-denver-post.html
http://thevailspot.blogspot.com/2010/05/its-all-bushs-fault-from-denver-post.html
Alan Bussey
Member
Ted -
The writer calls many things in this May article promises that weren't 'promises' and then claims them as 'broken'.
Ted, I am not at all concerned with which person, of whichever political persuasion or whichever party, wrote the proposed Small Business Jobs and Credit Act. I am satisfied that it will be part of the solution to get the 10% of unemployed Americans back to work.
There are many benefits in this bill for the car wash industry, not the least of which is getting people back to work so that they can buy more car wash services.
Today I spoke with three small business loan officers. All three of them, without me asking, said that they have seen a strong increase in loan inquiries from small business owners within the last week, specifically asking how these owners can benefit from the new Act when applying for a small business loan. I do believe that the Small Business Jobs and Credit Act, if signed into law as expected, will have the intended effect of directly increasing small business loan demand and indirectly creating more jobs. It appears that the Senate's version of the Jobs Bill passed last Thursday by the Senate will be voted on by the House of Representatives tomorrow (Wednesday) evening.
Ted, let's hope that the Jobs Act does this country and the car wash industry some real and substantial good. It is my belief that it will.
Alan Bussey
The writer calls many things in this May article promises that weren't 'promises' and then claims them as 'broken'.
Ted, I am not at all concerned with which person, of whichever political persuasion or whichever party, wrote the proposed Small Business Jobs and Credit Act. I am satisfied that it will be part of the solution to get the 10% of unemployed Americans back to work.
There are many benefits in this bill for the car wash industry, not the least of which is getting people back to work so that they can buy more car wash services.
Today I spoke with three small business loan officers. All three of them, without me asking, said that they have seen a strong increase in loan inquiries from small business owners within the last week, specifically asking how these owners can benefit from the new Act when applying for a small business loan. I do believe that the Small Business Jobs and Credit Act, if signed into law as expected, will have the intended effect of directly increasing small business loan demand and indirectly creating more jobs. It appears that the Senate's version of the Jobs Bill passed last Thursday by the Senate will be voted on by the House of Representatives tomorrow (Wednesday) evening.
Ted, let's hope that the Jobs Act does this country and the car wash industry some real and substantial good. It is my belief that it will.
Alan Bussey
Red Baron
Active member
Alan, you're like the boy scout who's helping the old lady across the street kicking and screaming because she doesn't want to go across the street. You're attempting to sell to people who aren't in the market for what you're selling.
Talk to us again Nov 3.
Talk to us again Nov 3.
I.B. Washincars
Car Washer Emeritus
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Haven't you guys beaten this horse to a pulp by now. Getting someone to change their political views is an exercise in futility. That's the one thing that PC and Doug should have taught us.
Bill, shouldn't this be in the "Just about anything" section?
Bill, shouldn't this be in the "Just about anything" section?
Even if the money may be easier to get how many people want to build a new wash with the economy in the shape it is now? What good is it if they continue to raise taxes? There is no money to be spent if the government takes it away. For things to get going again we need more than this bill. With unemployment as high as it is and not going down people with jobs are worried about keeping them and those without one can't find one. Without true economic growth this bill means little to the average car wash guy. For this bill to mean anything the government has to take its hand out of our pocket and let free enterprise once again do the job of getting us back on the right track.
Red Baron
Active member
About 18 months ago I decided that those who jeopardized our country's future by putting a socialist in the White House so they could be part of history, were not merely people who have different opinions than me. Their emotional vote has jeopardized my kids' future and your kids' future. That's a big deal to me. They are to be marginalized whenever possible, imo. If they want to offer an opinion on whether we should eat at McDonalds or at Burger King, that's fine. But they can't be trusted with important decisions and I'm not going to pretend they can anymore - I'm going to try to shoot down their goofy notions at every turn. Too much is at stake not to.
So their vote still counts as much as mine, and they have just as much right to it as I do to mine. But from here on out when they try to blow smoke up.....and tell me it's sunshine, I'm not going to smile and pretend it doesn't matter.
That said, I do think the current situation presents an opportunity to those who have car washes that have proven to do well even in this economy. Investors have few places to turn, and proven car washes ought to be in demand right now.
Alan Bussey
Member
rph -
You said "...we need more than this bill...Without true economic growth this bill means little to the average car wash guy." Unfortunately you are in a state where unemployment is higher than in other parts of the country. Surely the Georgia economy will grow and jobs will return. With more people working the car wash business will improve.
The Small Business Jobs and Credit Bill addresses your concerns about jobs and economic growth. This legislation is not intended to be the only solution. It is just a modest step in the direction of creating jobs and expanding the economy faster than it already is expanding. Let's hope that it works. For car wash owners who can and want to grow their businesses the proposed act is an opportunity to grow more easily and less expensively.
Alan Bussey
You said "...we need more than this bill...Without true economic growth this bill means little to the average car wash guy." Unfortunately you are in a state where unemployment is higher than in other parts of the country. Surely the Georgia economy will grow and jobs will return. With more people working the car wash business will improve.
The Small Business Jobs and Credit Bill addresses your concerns about jobs and economic growth. This legislation is not intended to be the only solution. It is just a modest step in the direction of creating jobs and expanding the economy faster than it already is expanding. Let's hope that it works. For car wash owners who can and want to grow their businesses the proposed act is an opportunity to grow more easily and less expensively.
Alan Bussey
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Allen you wrote
"Unfortunately you are in a state where unemployment is higher than in other parts of the country. Surely the Georgia economy will grow and jobs will return. With more people working the car wash business will improve." Our unemployment rate continues to rise. It was at 10% last month.
"This legislation is not intended to be the only solution. It is just a modest step in the direction of creating jobs and expanding the economy faster than it already is expanding." We need more than a modest step at this time. We need a bold step in the right direction - not baby steps. This Administration has been willing to make bold moves to increase taxes and health care but not for the economy.
"Let's hope that it works." We need more than hope at this point.
"For car wash owners who can and want to grow their businesses the proposed act is an opportunity to grow more easily and less expensively." Most are trying to survive this mess. Growth is only a dream until the econmy rebounds.
"Unfortunately you are in a state where unemployment is higher than in other parts of the country. Surely the Georgia economy will grow and jobs will return. With more people working the car wash business will improve." Our unemployment rate continues to rise. It was at 10% last month.
"This legislation is not intended to be the only solution. It is just a modest step in the direction of creating jobs and expanding the economy faster than it already is expanding." We need more than a modest step at this time. We need a bold step in the right direction - not baby steps. This Administration has been willing to make bold moves to increase taxes and health care but not for the economy.
"Let's hope that it works." We need more than hope at this point.
"For car wash owners who can and want to grow their businesses the proposed act is an opportunity to grow more easily and less expensively." Most are trying to survive this mess. Growth is only a dream until the econmy rebounds.
Alan Bussey
Member
Gentlemen -
Early Thursday afternoon: The House has just passed the Senate's version of the Small Business Jobs and Credit Act. The bill now goes to the President for his signature. Apparently the bill will be signed into law on Monday. Being aware of enactment is important because many of the provisions in the Act start immediately upon signing and expire on December 31st.
This new Act will be very significant to many car wash businesses and car wash business owners.
Alan Bussey
Early Thursday afternoon: The House has just passed the Senate's version of the Small Business Jobs and Credit Act. The bill now goes to the President for his signature. Apparently the bill will be signed into law on Monday. Being aware of enactment is important because many of the provisions in the Act start immediately upon signing and expire on December 31st.
This new Act will be very significant to many car wash businesses and car wash business owners.
Alan Bussey
Last edited:
Jimmy Buffett
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Hey Alan, you ever read "How to Win Friends and Influence People"?
