US Action News

Obama’s recent comments about small business and paying your “fair” share prompted this simple explanation of the government/business partnership millions of Americans are forced to participate in.

Obama has the process backward. It first takes the power of one to see the ideas and create the tools that will benefit millions of others, who are then able to satisfy their needs and achieve their own dreams.

Kelly produced 1,100 pages that the government uses to determine who is a qualified borrower now. “Are you kidding me,” a frustrated Kelly asked. “Do you mean to sit here and say that you are serious?”

The pace at which new businesses are created in the United States dropped to a record low in 2010, a troubling development for an economy that is struggling to achieve higher growth rates necessary to reduce high unemployment.

The September report for August shows a substantial decline in the overall index number, so much so that Chief Economist William Dunkelberg and Policy Analyst Holly Wade grimly refer to it as the Small Business PESSImism Index.

Rep. Mike Rogers (R-MI) questions CMS Chief Actuary Rick Foster on the true costs of Obamacare before the House Energy and Commerce Health Subcommittee. “We all ought to be angry about what this bill is doing to the working men and women of the United States.” ~ Mike rogers

A plethora of government programs are sprinkled throughout the federal government like coriander seeds in a large muffin. Unconsolidated, confusing, arguably unconstitutional, costly, and a tribute to government’s well-intended eagerness to do what it was never intended to do: Interfere with market-based job creation.

Bernie Marcus Home Depot co-founder tells Neil Cavuto that we will never be able to pay off this net and that if we continue these policies we will be ‘dead in the water’. ‘I don’t know what he’s smoking’ he said of VP Biden’s stimulus propaganda.

People are not yet understanding the real goal of this administration. It is not job growth or economic growth. Their goal is redistribution of income (wealth). Only when you face that fact can you understand the policies of this administration. A banker and a business owner discuss the effect of current polices on small business.

Basically, businesses will have to issue 1099s whenever they do more than $600 of business with another entity in a year. For the $14 trillion U.S. economy, that’s a hell of a lot of 1099s.