A revealing survey of small business owners was released yesterday by U.S. Bank. The survey was conducted in only 36 states with the over 3200 sample including sole proprietors through businesses with fewer than 100 employees. Unfortunately the survey also included 3% of businesses with over 100 employees, not my definition of a small business. […]
Small business survey Read More »
The Huffington PostMay 22, 2012 By Lucia Graves WASHINGTON — The Natural Resources Defense Council on Tuesday released a report dispelling the myth that the proposed Keystone XL tar sands pipeline would lower gas prices. Rather, the opposite is true, findings show. On a conference call with reporters on Tuesday, report author and NRDC attorney
Keystone XL Would Raise Gas Prices, Report Finds Read More »
JPMorphing. NYT editorial: “JPMorgan Chase’s whopping multibillion-dollar trading loss has revived calls for a tougher version of the Volcker Rule, but Jamie Dimon isn’t dropping his campaign against regulation.” Banking needs more than the Volcker rule, it needs more Volckers, argues W. Post’s Harold Meyerson: “Rumpled and unglamorous, Volcker personified banking before big money gave
More calls for tougher regs on big banks Read More »
Yesterday’s JPMorgan shareholders meeting was “pretty tense”, according to Lisa Lindsley who attended the meeting in Tampa. Lindsley is the director of capital strategies at the American Federation of State, County and Municipal Employees pension plan. In a radio interview with me yesterday Lindsley said that it was obvious that the JPMorgan people clearly wanted
The Federsal Reserve bows to big banks today, China tomorrow Read More »
It’s hard to believe that just over two years ago I spoke at a press conference at the U.S. Capitol along with Senators Dick Durbin, Jack Reed and Michael Bennet calling for the Senate to pass financial reform legislation to protect small businesses and the public from Wall Street causing another Great Recession. The passage
More heads should roll and not just at JPMorgan Read More »
Health, Safety and Environmental Regulations rated extremely business-friendly by local small entrepreneurs South Carolina female business owners more optimistic about their financial future than their male counterparts. South Carolina small business owners give lowest ratings to state and local governments’ training and networking programs. Columbia, SC- May 9, 2012—South Carolina ranked among the top small
South Carolina is one of the best places to set up and run a small business Read More »
What do the small business owners in Pennsylvania, Ohio, Virginia, Michigan, Nevada and Colorado have in common with those across the country? On political demographics and opinions on some important issues apparently a lot. Earlier this year a national survey of small business owners commissioned by the American Sustainable Business Council, Main Street Alliance and
Two small business polls you should read Read More »
In spite of a majority of Senators voting to pass the Buffett Rule creating a minimum tax rate for those making over a million a year, the bill failed. Along an almost straight party line vote, the Buffett rule did not muster the 60 votes needed to stop a potential filibuster. With 60%of the public
Buffett Rule trumped by filibuster rule Read More »
There are approximately 12,600 registered lobbyists in Washington (including one of the newest– Supreme Court justice Antonin Scalia’s son Eugene). Spending on lobbying activities last year was about $3.3 billion according to the Center for Responsive Politics. Much of all this lobbying power has recently been aimed at convincing our elected and non-elected officials that
Look who wants more regulations Read More »
Two recent news stories have challenged the universal belief that small businesses are the job creators. An AP story on February 17 was titled, “The Truth is That Small Businesses Are Not Good At Creating Jobs.” Seven days later a New York Times story’s heading said, “Small Companies Create More Jobs? Maybe Not”. But before
Reputation of small business job creation intact Read More »
