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Old 07-08-2013, 02:44 PM
zdg
 
Location: Sonoma County
845 posts, read 1,872,758 times
Reputation: 1143

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Quote:
Originally Posted by shooting4life View Post
While I completely support green research, the government should not be funding companies to make something that could not stand on its own.
Why? You don't believe in the SBA Loan program either?
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Old 07-08-2013, 02:52 PM
 
Location: SF Bay Area
12,287 posts, read 9,204,116 times
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Quote:
Originally Posted by zdg View Post
Why? You don't believe in the SBA Loan program either?
Because I believe the government should have a much smaller role than it currently has in business and in our personal lives.
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Old 07-08-2013, 03:05 PM
zdg
 
Location: Sonoma County
845 posts, read 1,872,758 times
Reputation: 1143
Quote:
Originally Posted by shooting4life View Post
Because I believe the government should have a much smaller role than it currently has in business and in our personal lives.
You ignored my second question.

Do you believe the SBA Loan program should be shut down because it is nothing more than the government funding businesses that might otherwise not be able to stand on their own?
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Old 07-08-2013, 03:12 PM
 
Location: Boulder Creek, CA
9,197 posts, read 15,861,316 times
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Quote:
Originally Posted by shooting4life View Post

While I completely support green research, the government should not be funding companies to make something that could not stand on its own.
Then tell the damned guvm't to stop allowing petrochemical companies to take over vital oversight committees so they can make their own laws for the benefit of profits for their industry. That, and stupid farm loans totally propping up unnecessary monocrops, which also prop up lovelies like our old friends Monsanto.
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Old 07-08-2013, 03:19 PM
 
Location: SF Bay Area
12,287 posts, read 9,204,116 times
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Quote:
Originally Posted by zdg View Post
You ignored my second question.

Do you believe the SBA Loan program should be shut down because it is nothing more than the government funding businesses that might otherwise not be able to stand on their own?
Yes, it should be shut down. People can get loans through normal channels.
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Old 07-08-2013, 03:20 PM
zdg
 
Location: Sonoma County
845 posts, read 1,872,758 times
Reputation: 1143
Quote:
Originally Posted by shooting4life View Post
Yes, it should be shut down. People can get loans through normal channels.
Fascinating. What are "normal channels"? How do most businesses in America get funding?
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Old 07-08-2013, 03:24 PM
 
Location: SF Bay Area
12,287 posts, read 9,204,116 times
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Quote:
Originally Posted by bigdumbgod View Post
Then tell the damned guvm't to stop allowing petrochemical companies to take over vital oversight committees so they can make their own laws for the benefit of profits for their industry. That, and stupid farm loans totally propping up unnecessary monocrops, which also prop up lovelies like our old friends Monsanto.
That is probably my biggest problem with government. Every politician appoints lackeys to the various commissions as a reward for help during an election then they do what every they can to promote their self interest from the commission. It happens in every sector, by both parties in both state and federal government.

Last edited by shooting4life; 07-08-2013 at 03:49 PM..
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Old 07-08-2013, 03:25 PM
 
Location: SF Bay Area
12,287 posts, read 9,204,116 times
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Quote:
Originally Posted by zdg View Post
Fascinating. What are "normal channels"? How do most businesses in America get funding?
A bank would be a normal place to apply for a loan.
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Old 07-08-2013, 03:27 PM
zdg
 
Location: Sonoma County
845 posts, read 1,872,758 times
Reputation: 1143
Quote:
Originally Posted by shooting4life View Post
A bank would be a normal place to apply for a loan.
Fascinating. And where does the bank get the money to make a loan to a small business for less than $1m in these United States of America, good sir?
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Old 07-08-2013, 03:33 PM
 
Location: SF Bay Area
12,287 posts, read 9,204,116 times
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Quote:
Originally Posted by zdg View Post
Fascinating. And where does the bank get the money to make a loan to a small business for less than $1m in these United States of America, good sir?
The bank loans out money that others have deposited.
Here is a quick overview. Fascinating.
Where Do Banks Get Their Money? Fractional Reserve Banking | Discuss Economics Blog
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