The story below is must read for all, especially those who think financial reform (Dodd-Frank) went too far. To all those in Congress who want to repeal Dodd-Frank, here’s the story about the big banks you are defending and why Dodd-Frank didn’t go far enough. Bloomberg11-28-11 Secret Fed Loans Gave Banks $13 Billion By Bob […]
We need more financial regulations…not less Read More »
This week the U.S. House is expected to start voting on legislation to turn back regulations and make it nearly impossible for federal agencies to develop new regulations in the future. If that happens, Congress might as well just stop passing any new laws because the rules for implementing them will never be developed. One
If you can’t compete…attack the rules of the game Read More »
The U.S. Supreme Court is expected to decide possibly today that it will take up the Florida case opposing national health care reform—the Affordable Care Act or as it is now commonly called “Obamacare”. Everyone expects that that the Court will rule in 2012 whether the individual mandate for almost every American to purchase health
Be careful what you wish for Read More »
A New York Times/CBS news poll out yesterday found that 2/3 of Americans oppose tax cuts for corporations. And in a clear demonstration of why the same poll found that the public’s approval of Congress is at an all-time low of only 9%, U.S. House Ways and Means Committee Chairman, Dave Camp (R-Michigan) proposed yesterday
Going the wrong way…again Read More »
On the 10th anniversary of 9/11 my friend Tricia DeGennaro, a professor at New York University, gives her reflection on the occasion. Ten years after 9/11: Will we ever get beyond war? By Patricia DeGennaro It is often hard to gauge how a person will react during a crisis let alone one like September 11th. After such
The Hill 8/23/11 By Mike Lillis Almost 80 percent of lawmakers have no academic background in business or economics, even as Congress grapples with deficits, unemployment and other economic issues of tremendous complexity, according to an independent analysis released Tuesday. The Employment Policies Institute (EPI) found that only 8.4 percent of lawmakers majored in economics
Report: Majority of Congress with no education in business Read More »
This past Friday President Obama challenged business and industry to hire and train 100,000 unemployed veterans or their spouses before 2014. The President pointed out that there are one million unemployed veterans today with a 13.3% jobless rate for post 9/11 veterans. To move the challenge along, the President has proposed the following tax credits:
Two U.S. House Committees held a joint hearing yesterday on a potential executive order from the Obama Administration that will try to make sure government contracts are not being awarded because of campaign contributions. This is a seriously important issue for every small business that would like to provide goods or services to the Federal
Transparency needed in government procurement Read More »
One thing that we all should agree on regardless of our political differences is that the U.S. Supreme Court Justices should be above partisan politics and absolutely should have no conflict of interest on any rulings they make. Below is a letter we are sending today to U.S. Attorney General Eric Holder today in regard
SCSBCC calls for Justice Department investigation Read More »
It’s Wednesday evening and I’m sitting in a D.C. hotel room after an interesting day. I was asked to join Senator Jeff Merkley of Oregon in a press teleconference call today on the tax cut issue eating up Washington. As readers of this blog already know, the Small Business Chamber is opposing the extension of tax cuts
