Posts Tagged ‘government’

photo credit: macroninja

I recently came across an article listing U.S. economic trends that had no chance of lasting forever in this economy. The article argues that the current recession and economic downturn is causing the need for realignment between our U.S. Government and private sector’s. It is no shock that with the way the economy has been that there would be some drastic changes even in thing’s we never thought would fall. Below is a short list of the 8 U.S. economic trends that couldn’t last forever.

• Home Ownership levels.
• Low energy prices.
• Trade deficit levels.
• Consumer Savings.
• Consumer spending.

For the complete list of U.S. economic trends that are falling and a description about each one, please visit Small Business Labs.

From Business Opportunities Weblog.

CNNMoney:

Recent efforts to help small businesses haven’t mirrored those implemented in the aftermath of 9/11, but new measures from the stimulus have been productive.

Obama’s $787 billion stimulus plan includes incentives for banks to make more loans backed by the Small Business Administration. The program temporarily reduces fees associated with those loans and ups the loan guarantees to 90%.

The plan also calls for a new initiative known as “America’s Recovery Capital,” which allows viable small businesses to receive interest-free loans of up to $35,000 to pay down existing debts.

But lending activity remains down, primarily because banks still see small business loans as a huge risk.

(According to one analyst’s report, their 2008 failure rate hit almost 12%, compared to 2.4% in 2004.) Banks also hesitate before making SBA-guaranteed loans because they cost a great deal to administer — regardless of the loan amount — and because the agency can back out of these guarantees even after banks make the loans.

Photo by edopter.com.

From Business Opportunities Weblog.

As you’ll recall, the Federal Trade Commission (FTC) is worried about bloggers who get compensated for their recommendations but don’t disclose the fact. There’s even talk about severe penalties to bloggers for not disclosing something as simple as an affiliate link.

If that’s such a crucial issue to the safety of the American populace, where is the FTC when it comes to cracking down on the TV networks, radio networks, and newspaper chains who report on the “Cash for Clunkers” program without disclosing the millions of dollars of advertising revenue they receive from car dealerships who are promoting the “Cash for Clunkers” program wildly? Media watchdogs note that the major TV networks routinely praise the “Cash for Clunkers” program without mentioning it’s downsides.

What’s the difference between a compensated blogger making $5000 and media conglomerates making untold millions? Lawyers and lobbyists – that’s all.

If bloggers should disclose even the remotest compensation, under this same logic, the Federal Trade Commission should immediately SHUT DOWN and impose crippling fines on every media outlet that has taken advertising revenue in any fashion from the auto industry and reported on the “Cash for Clunkers” program without disclosing this financial interest in the program.

It’s that simple.

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