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Republicans block small business lending bill

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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 04:53 PM
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Republicans block small business lending bill
Republicans again demonstrate they are filth. Veing without any social merit they are an obscenity in Congress and Government.

President Obama. You've tried being a rational, professional gentleman. I don't know if you 'get it' yet but the Republicans don't give a fuck about you or this country. THey just want you to fail so they can campaign this Fall saying "Look how the DEMOCRATS screwed up. THey didn't create enough jobs."..after the Republicans nearly destroyed the economy and then proceded to sabotage every Democratic effort to repair and rebuild the economy.

Maybe you need someone to persuade them....Michael......""




....just kidding, of course.


http://www.msnbc.msn.com/id/38469644/ns/business-small_business/

WASHINGTON — Senate Republicans blocked a bill to increase small business lending Thursday, dealing a setback to President Barack Obama's jobs agenda.

The bill would create a $30 billion government fund to help community banks increase lending to small businesses, combining it with about $12 billion in tax breaks aimed at small businesses. Democrats say banks should be able to use the lending fund to leverage up to $300 billion in loans to small businesses, helping to loosen tight credit markets.

The fund would be available only to banks with less than $10 billion in assets. Some Republicans, however, likened it to the unpopular bailout of the financial industry.

Senate leaders said they will continue to negotiate amendments to the bill. But Thursday's vote will make it difficult for Congress to pass it before lawmakers go on summer vacation. The Senate is in session for another week; the House is scheduled to adjourn Friday.


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Stuart G Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 04:58 PM
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1. They , the pukes..care only about themselves..nt k and r
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