Black People Politics : Regarding the president's speech about Promises for jobs

Discussion in 'Black People Politics' started by Ankhur, Dec 8, 2009.

  1. Ankhur

    Ankhur Well-Known Member MEMBER

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    http://www.youtube.com/watch?v=br-Dy3puDoc

    Barry White spoke for many Black Americans, and Obama's numerous promises of change!

    Most small businesses are white and can maintain "white only" hiring practices,
    without repurcussions.
     
  2. Ankhur

    Ankhur Well-Known Member MEMBER

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    December 9, 2009
    Obama Offers Help for Small Businesses
    By JEFF ZELENY and JACKIE CALMES
    WASHINGTON — President Obama presented a series of initiatives on Tuesday aimed at turning around the nation’s beleaguered job market, paying particular attention to increasing the hiring of small businesses by opening lines of credit and offering tax breaks to try to lower the double-digit unemployment rate.

    “Even though we have reduced the deluge of job losses to a relative trickle, we are not yet creating jobs at a pace to help all those families who’ve been swept up in the flood,” Mr. Obama said. “There are more than 7 million fewer Americans with jobs today than when this recession began. That’s a staggering figure and one that reflects not only the depths of the hole from which we must ascend, but also a continuing human tragedy.”

    The president outlined his proposals in a speech at the Brookings Institution, a nonpartisan research group not far from the White House. It was the latest in a series of speeches intended to focus attention on what his administration has done to improve the economic outlook, as well as what it plans to do in 2010, a crucial midterm election year in which the economy will be a central issue.

    In addition to proposing a tax cut for small businesses to encourage hiring, he called for eliminating capital gains on these businesses for one year and suggested that money left over from the financial bailout program, the Trouble Asset Relief Program, should be redirected toward small businesses. He also proposed investing new money in roads, bridges and other infrastructure improvements, and offering rebates to people who make their homes more energy efficient.

    “Small business, infrastructure, clean energy: these are areas in which we can put Americans to work while putting our nation on a sturdier economic footing,” Mr. Obama said. “That foundation for sustained economic growth must be our continuing focus and our ultimate goal.”

    The president’s proposals face Congressional approval, which presents a challenge considering the growing national deficit. Republicans argue that the president can not simply tap into the extra TARP money, which they say should be returned to the Treasury. They have vowed to fight a second economic stimulus plan, following last year’s $700 billion bailout program and this year’s $787 billion stimulus package.

    the rest is here;
    http://www.nytimes.com/2009/12/09/us/politics/09jobs.html?ref=us
     
  3. Ankhur

    Ankhur Well-Known Member MEMBER

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    American Small Business Leaugue say Wall streets 500 favored by Washington????

    Obama Ignores Simple Solution to Job Creation, According to the American Small Business League
    Posted : Mon, 07 Dec 2009 12:50:33 GMT
    Author : American Small Business League
    Category : Press Release
    News Alerts by Email ( click here )
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    PETALUMA, Calif. - (Business Wire) The following is a statement by the American Small Business League:

    In February of 2008, then Senator and Presidential candidate Barack Obama promised to, "end the diversion of federal small business contracts to corporate giants." Yet to date President Obama has failed to honor that promise in the face of double-digit unemployment and current legislation in Congress that would solve the problem.

    http://www.barackobama.com/2008/02/26/the_american_small_business_le.php

    H.R. 2568, the Fairness and Transparency in Contracting Act of 2009 would immediately stop the diversion of federal small business contracts to corporate giants, and redirect billions of dollars in federal infrastructure funds to small businesses in the middle class economy. Congressman Hank Johnson (D-4-GA) introduced the bill in May of 2009. To date the bill has 18 co-sponsors.

    In January of 2009, Dr. Laura Tyson, Chair of the U.S. President's Council of Economic Advisers during the Clinton Administration, acknowledged that directing federal infrastructure funds to small businesses would be the most effective way to stimulate the economy and job growth. According to the U.S. Census Bureau, small businesses are responsible for more than 97 percent of net new jobs. http://www.inc.com/news/articles/200708/data.html

    Since 2003, twenty-five federal investigations have uncovered the diversion of billions of dollars a month in federal small business contracts to Fortune 500 corporations and other clearly large firms. Since taking office, Obama officials have given small business contracts to firms like Bechtel, Xerox and General Dynamics.

    http://www.asbl.com/documents/20090806BechtelSB_DOE.pdf

    http://www.asbl.com/documents/20091202Xerox_Created_20091002.pdf

    http://www.asbl.com/documents/20091202GeneralDynamics_Created_20091027.pdf

    The ASBL has estimated that if passed, H.R. 2568 would redirect more than $100 billion a year in government contracts to small businesses in the middle class economy. Following the 2008 presidential election, President Obama's transition team estimated that every billion dollars spent on federal infrastructure projects would create 40,000 jobs.

    http://www.nytimes.com/2008/12/07/us/politics/07radio.html?fta=y

    "It is hard to believe that President Obama cares about small businesses when his administration is giving billions of dollars a month in small business contracts to Fortune 500 firms," ASBL President Lloyd Chapman said. "President Obama could honor his promise to end these abuses by supporting H.R. 2568, the Fairness and Transparency in Contracting Act. Passage of H.R. 2568 would provide a more significant boost to the economy than any policy or legislation proposed to date, and create millions of new jobs."

    http://www.earthtimes.org/articles/show/obama-ignores-simple-solution-to,1076977.shtml
     
  4. Ankhur

    Ankhur Well-Known Member MEMBER

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  5. bientempo

    bientempo Well-Known Member MEMBER

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    The president is a politician first and foremost! He will sway which ever way will get him elected. And this includes who contributes the most funds to the campaign chest. Small business cannot compete with large business as it relates to political contributions. Yes they create 97% of the new jobs, and this has been screamed from the roof tops, but until now when the first stimulus is not working, and most of the jobs either created or saved have been in the government sector not the private sector, they are finally looking to remedy what they should have been doing in the first place.

    The trickle of job losses they are referencing means that instead of bleeding from a major artery, we are bleeding from a minor one.
     
  6. Ankhur

    Ankhur Well-Known Member MEMBER

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    Well as you say measures should have been taking before like taking the trillion dollars and creating a newNEW Deal program of directly mamged jobs instead of giving the money to reward finanial incompetents who were too big to think logicaly any more

    The extreme irony is that the cititzenry swindled by these corporate thugs are forced to pay for that bail out with taxes from their and their grandchildrens paychecks so the "artery" of the public is a bit bigger then the corporate few.

    This isn't bleeding from just an artery this is bleeding from both wrists and the jugular vein,
    while going constantly to the Chinese blood ban before the woundshave any chance or hope of healing.

    Remember in a fascist nation a politician is free to do what he wants and is duty bound to serve corporate interests first and foremost
    , but in a democratic republic of the people by the people, he is a public servant answerable to his constituency first and his benefactors second.
     
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