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White House Eyes Bank Bailout Funds to Aid Small Businesses
White House Eyes Bank Bailout Funds to Aid Small Businesses
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Desperation
Blue Crab Boulevard — ... This is a sign of sheer desperation on the part of Obama and his “best and brightest”. (I use that term loosely.) They are now floating a trial balloon that would divert millions of dollars in TARP funds to small businesses in a frantic attempt to create some - any - jobs . The Obama administration is developing an initiative to take money from the $700 billion program for the banking system and make it available to millions of small businesses, which officials say are essential to any economic recovery because they employ so many people, according to sources familiar with the ...

Obama, Stimulus II and Small Business
Wizbang — ... why wasn't that leisurely pace an issue when Congress passed the stimulus bill so fast they didn't bother to read it? So there you have it: the Obama administration bailed out state budgets first. The private sector, which actually produces income and wealth, is (optimistically) on the two year program. And who wants to bet that Stimulus II won't include another large allowance check to state and local governments? So where does that leave small business? The Obama administration is already prepping the battlefield for that debate by offering up TARP funds to be used to ...

Stimul US? I don't Think So, Health Care Forms Tricky Debate
Notes From a Grumpy Old Man — ... has been released, so the government has probably been too cautious. You know how you've been receiving scam emails about getting government contracts and your share of the stimulus? I imagine the government is getting a whole lot more, and just making sure that a program is legitimate takes time to vet, which explains why my proposal from the Grumpy Old Man Group has gone into bureaurocratic limbo... Anyway, here is some of the good news coming out of Washington, as reported by the Washington Post: "The Obama administration is developing an initiative to ...

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