Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
You will be so kind as to let me know when the public sector produces something of value so that it doesn't have to take from the private sector in order to loan back to the private sector what it took from the private sector in the first place.
I hate to break it to you, but the public sector is the American public, it is through the taxpayers that we are creating loans for small businesses to use to start and expand their business which in turn helps the private sector as well as the American public.
I like how they're declaring they built everything without anyone's help while in a giant publicly financed stadium.
Are you saying that those successful entrepreneurs who paid the SBA back for their loans have to always admit that the government built their businesses for them? I guess you never have thought for yourself about them paying the loans back. Also, I don't think you have given a lot of thought to why the SBA was created. While you are reasoning all of this out maybe you can see that we don't have enough private banks with venture capital for all to build businesses with.
Who gives a damn where they have their meetings? Do you expect the Republicans to build their own meeting facilities with mooched money while the Dems can build theirs with taxpayers' money because the President is a Democrat? Think for a few minutes instead of just whacking us with Democrat talking points.
Yes, if a business got started with the help of a government loan, then it is the public that helped a private business build a foundation....why does this seem to be an impossible concept for Cons to understand, they seem to do plenty of complaining about the government being involved in everything.
How much of all this crap is determined by the words, "You didn't build that". If those words really mean anything I wonder how this country grows its economy with only banks to provide the money. Why is it so hard for leaners to understand all of this?
Does every business start out with a government loan?
Well, hell Greg, some do get their money from private banks who do have some venture capital but there aren't enough of them around so the Congress created the SBA to help alleviate that problem. Now we get Obama making his proclamation which actually said if the government didn't help you couldn't have done it.
I wonder how many people noticed that it was Media Matters, completely owned by George Soros and HuffPo that he bought into with a $1 million dollar amount a couple of years ago. Now why would those people get these leaners wound out?
You will be so kind as to let me know when the public sector produces something of value so that it doesn't have to take from the private sector in order to loan back to the private sector what it took from the private sector in the first place.
Of course, they don't want to attempt an answer to that question. There is nothing there that came from Media Matters or HuffPo so they just use what they have poked at them.
I hate to break it to you, but the public sector is the American public, it is through the taxpayers that we are creating loans for small businesses to use to start and expand their business which in turn helps the private sector as well as the American public.
I hate to break it to you that the money from the SBA is money that was given to them when they began and much of it is still in that amount. They loan that money out and collect interest but the people who take the money have to pay it back. It is no different than getting the money from a bank when you think that they have to pay it back. When the businesses fail the SBA has to take what they can just like a bank does.
You people wanting public to be something other than what it is when the SBA is involved seem to never be able to understand that Congress doesn't give them the whole amount they have to use every year.
How about you doing some studying about how the SBA works and why it is there. You just can't keep using the words of HuffPo and MM to point things out. George Soros created MM to get rid of Fox News and recently gave $1 million to HuffPo so it seems to me that they really work for him.
It is no different than getting the money from a bank when you think that they have to pay it back. When the businesses fail the SBA has to take what they can just like a bank does.
It's very different from getting the money from the bank.
When the bank makes a loan to a private business, they assess the risk of that business and determine whether and under what terms to extend a loan.
When the SBA gets involved, they actually broker the loan between the bank and the business, and they back-guarantee a portion of that loan (with taxpayer money, obviously).
In other words, by putting the credit of the taxpayer on the line, the government is manipulating the lending markets so that they extend loans under terms that they would otherwise never extend to these businesses on their own. That much is obvious - else, why would there even be a need for the SBA?
Now, why don't you tell me: does that sound like the "free market" at work that conservatives champion so much?
And if you were that entrepreneur, can you honestly tell me that the government had nothing to do with it, when you got a nice loan thanks to the taxpayer under terms that you could never have gotten on your own?
How much of all this crap is determined by the words, "You didn't build that". If those words really mean anything I wonder how this country grows its economy with only banks to provide the money. Why is it so hard for leaners to understand all of this?
So you are not willing to admit that people who use SBA are actually asking the government for help to start their business, which the government is run by the people of this country, thus means the private sector is asking the taxpayers help to start their business. Please tell me where you are getting confused here, I am starting to wonder about your learning abilities.
I hate to break it to you that the money from the SBA is money that was given to them when they began and much of it is still in that amount. They loan that money out and collect interest but the people who take the money have to pay it back. It is no different than getting the money from a bank when you think that they have to pay it back. When the businesses fail the SBA has to take what they can just like a bank does.
You people wanting public to be something other than what it is when the SBA is involved seem to never be able to understand that Congress doesn't give them the whole amount they have to use every year.
How about you doing some studying about how the SBA works and why it is there. You just can't keep using the words of HuffPo and MM to point things out. George Soros created MM to get rid of Fox News and recently gave $1 million to HuffPo so it seems to me that they really work for him.
SBA is a government run program. Also do you want me to bring up the Koch brothers every time you mention George Soros, it seems that you might forget there are billionaires on your side too that are trying to effect the elections.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
