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So you are gonna continue to ignore the fact that she received a government loan to start her business? Makes sense, ignore the truth when it doesn't fit your story. That is the republican way afterall.
Sort of like liberal criticism of Halliburton. It exists off the government dole. The government is responsible for the success of Halliburton (and, of course Dick Cheney). So how can it be such a bad company, condemned by so many liberals? It's a government success story.
Yeah, it does make sense... ignore the truth when it doesn't fit your story.
seeewwwww... i guess we're all republicans now, eh?
Damn, how dumb does one have to be to not understand the meaning of a simple 4-letter word: L.O.A.N.
Clue: Loans don't pay themselves back. One must work hard enough and be smart enough to pay it back to be successful.
Get it now? Probably not.
One has to be pretty dumb to not know who provided that loan, was it the private sector or the public sector? You and I foot that loan with the promise to be paid back.
Sort of like liberal criticism of Halliburton. It exists off the government dole. The government is responsible for the success of Halliburton (and, of course Dick Cheney). So how can it be such a bad company, condemned by so many liberals? It's a government success story.
Yeah, it does make sense... ignore the truth when it doesn't fit your story.
seeewwwww... i guess we're all republicans now, eh?
Just cause it is a government funded business doesn't make it a good business...unless you are telling me the Cons don't complain about other government funded companies....maybe of the renewable energy field.
So yeah, WE did build it. It's not trashing Valenzuela to tell the truth. She did good, and worked really hard to make her business a success, but she didn't do it by herself - she did it with help from the federal government.
Again from the article:
Sounds to me like she's the perfect speaker for the GOP Convention ... which, by the way, is being held at the Tampa Bay Times Forum, a facility built in large part (over 60%) by government money.
Great post Gene. Fortunately for Republicans, they are too clueless to even realize their blatant hypocrisy, which allows them to live in their own private Idaho while they continue with their hypocritical claims.
Also fortunately for them the Dumbing Down of America allows them a steady stream of new converts.
HuffPo and Media Matters are at it again. Sher Valenzuela, who will speak at the Republican Convention, funded her business start-up using SBA loans, and is being trashed for it. But the criticism is misplaced.
Almost all small businesses need outside financing. Some receive money from friends or family. Others from capital investment firms, like Bain Capital (venture capital - Google it).
However, financing wasn't what Obama was talking about. Neither was he talking about "roads and bridges" as he claims. He believes that it is by the exploitation of others that entrepreneurs succeed; that "they didn't get there on their own" or through their own effort.
But, a business succeeds or fails based on the actions and activities of the entrepreneur. Hard work, and long hours, sacrificing family time. The tasks of sales and marketing, advertising, purchasing, billing, shipping are often all done by the owner himself.
A business owner takes all the risk. An employee works for a wage, and has no stake in the company; no risk of loss. An employee agrees to do a job for a given wage or salary by mutual consent.
In Obama's world, there are the "exploiters" (business owners) and the "exploited" (employees). An employee is "exploited" to make the owner rich. This is what labor unions believe, and Obama was speaking their language. He was pandering to his union base.
Obama is still wrong. Sher Valenzuela, you did build that!
I got a real kick out of reading that HuffPo link. Did they mention the fact that the Valenzuelas paid back the loan? If so I missed it. Of course, the Dems never do mention anything like that when trying to defend the words of Obama. I went to YouTube and found one good video with Elizabeth Warren using that very idea last spring. Then it showed Obama doing his thing and was followed by the activist, Lakoff, from UC Berkley saying the very same things.
I always watch around YouTube when I get there and found Rush Limbaugh talking about Lakoff, which rhymes with ......., according to Limbaugh and sure enough Lakoff does sound like the normal kind of activist from his college, UC Berkley. Yep, without government none of us could build businesses. Of course, they never mention the fact that the entrepreneur takes all the chances and the people who get hired by them don't take any chances of having to pay the money back.
BTW, did HuffPo say anything about the loan for $20,000 to start up and then the $1.8 million being paid back or not? I guess that part is not important when one borrows money for business. When lefties talk about things like that they never mention whether the money got paid back, but I bet the SBA wouldn't have made the second loan if the first one hadn't been paid back.
So you are gonna continue to ignore the fact that she received a government loan to start her business? Makes sense, ignore the truth when it doesn't fit your story. That is the republican way afterall.
Did she repay the first loan from SBA. I'll bet she did or she wouldn't have got the money to build the large building they had to have so they could employ 40 people. Who employed those people, the SBA or the company?
Nice try but you avoid the paying back of the money with interest that has to take place or the SBA would be just another form of welfare and have to get replenished from time to time.
Have you ever dealt with the SBA or are you a wage earner? Maybe you could see them operating much like a private bank except we don't have enough private banks with venture capital, like Bain, to go around. You are trying very hard but you are losing.
Every time someone proposes to build a big business or factory somewhere, cities and/or states scramble to put together a package of incentives to get that factory or business for their community. Incentives could come in the form of free land, tax breaks and building infrastructure to get water, sewer and roads where they'd be needed. Sure, the business or factory could be said to have built their organization BUT how can Republicans deny that they still needed goverment support? Government low interest loads are just a part of it, but also an important part. Sher Valenzuela got around 17 million in government loans and contracts and she is saying she "we built it" entirely on her own? Nonsense.
Yep, without the federal government there just couldn't be any small businesses, could there? Well not as many as we have because there just isn't enough venture capital around to take care of all of them.
Nanny state worshippers just can't quite get their eyes open all the way.
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