Small Business Credit Crunch
Credit is essencial to running a business, especially a small business that can’t raise funds in a public offering. I have a $60k line of credit for my businesses that I use frequently in the operations of my businesses.
About two weeks ago I received a letter from my bank that stated they were lowering my [...]
The Federal Bailout….
While I am a proponent of free markets and allowing businesses to suffer for bad investments and poor decisions, I’m not totally sold on the Ron Paul solution of “do nothing” in our current situation.
I believe limited bailouts are needed in extreme cases (like AIG) simply because allowing them to fail threatens bankruptcies and [...]
