photo credit: surface to air President-elect Barack Obama has put forward a $775 billion “American Recovery and Reinvestment Plan” to create 3 to 4 million new jobs. Unfortunately, the government can’t really create jobs. They can only steal money and productive value from the economy. In a capitalistic economy, labor and capital freely flows to […]
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For Dane’s take on Obama’s plan read Generate Wealth Because the Government Can’t. BusinessWeek: Here’s a welcome report for entrepreneurs this new year: President-elect Barack Obama’s massive stimulus plan is expected to include three key tax breaks for small-business owners. Details are still emerging, but the plan could include a longer window for businesses to
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Mashable: What’s the best selling office product on Amazon.com this New Year? Perhaps printer ink and paper for all those holiday pics? Cases for all the new laptops received this Christmas? Try: none of the above. Currently leading Amazon’s Office Products and Supplies bestseller list is the Sarah Palin 2009 Calendar. According to the ad
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Digital Journal: Kiki Fluhr, who runs the All the Numbers Handmade homecraft business from her Quincy, Massachusetts home, warns that the new Consumer Product Safety Improvement Act, which becomes effective from February 10 next year, will turn micro-businesses like hers into illegal manufacturers of “hazardous substances’ overnight. This law includes hand-knitted, quilted and hand-sewn clothes,
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CNNMoney.com: Entrepreneur and venture capitalist Karen Mills has been chosen by President-elect Obama to head the Small Business Administration. Mills is currently president of MMP Group in Brunswick, Maine. She, with two other partners, founded Solera Capital, a New York-based venture capital firm. Her appointment will be subject to confirmation by the Senate. At a
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BusinessWeek: After an historic election, entrepreneurs, along with the rest of the country, await the inauguration of a new President with an ambitious agenda. Given the nearly unprecedented financial situation and two ongoing wars, entrepreneurs are understandably anxious that their concerns will get short shrift. Restoring confidence in the economy is a tall order, but
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The Wall Street Journal: Small businesses finally are getting their own little piece of the federal government’s ballooning bailout package. U.S. officials announced the federal government as part of a broader package will lend up to $200 billion to institutions that originate consumer loans and business loans backed by the Small Business Administration. The rationale,
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Rhonda Abrams – Gannett News Service: Like all Americans, we in the small business community congratulate President-elect Barack Obama on your victory and are optimistic about the hope your election brings. Now we’d like to answer your call. On election night, you set out your vision: “There’s new energy to harness, new jobs to be
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Paul Harvey: One voter in each precinct of the United States will determine the next president of the United States. One vote. That’s a big weapon you have there. In 1948, just one vote in each precinct would have elected Dewey. In 1960, one vote in each precinct in Illinois would have elected Nixon. One
Mashable.com: In what could be seen as a victory for doers, and a bit of a setback for thinkers, the U.S. Court of Appeals for the Federal Circuit has made a rather significant ruling on what is and isn’t patentable. The court ruled against a man who was attempting to patent “a method for hedging
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