Now relax and swing

For some reason, whenever I hear democratic economic policies I can't help but envision my first golf lesson where the instructor was helping me with my swing.

Head down
Grip firm but not tight
Slight bend at the hips
Elbow in
Knees slightly bent
Hips loose
Shoulders square
etc.

Now relax and swing!!!!!

The Obamunists are signing an alleged small business bill today that will allegedly help small businesses with loans.

Here's a little secret for these dumbasses. I have talked to at least 20 clients this week for a variety of reasons. Whenever, I talk to them I always ask what could improve their businesses.

Not one of them will tell you it a lack of capital. Every one of them will tell you that it's a lack of demand for the service/product(s).

I have talked to two bankers who are aggressively pursuing loan business.

Credit is available to businesses...... profitable businesses......

If you are a home builder who lost $60,000 last year and have no contracts for a home this year and you want to borrow $300,000 to build a spec home in this market. You will not get credit from any bank in this country. Regardless, of any federal loan program. Banks just are not going to do it.

So it's no surprise that many people are skeptical of the prospects of the Obamunists latest greatest pork project.............

President Barack Obama's $30 billion small community business lending program faces one big challenge: many of the community banks and businesses it's supposed to help don't want it.

The lending program is part of a bill that passed the House of Representatives on Thursday and now awaits the president's signature. The legislation contains a mix of tax cuts and credits aimed at helping small businesses. The centerpiece of the bill is an effort to make billions of dollars available to community banks for loans to small businesses.

It seems like a simple effort to unclog a credit pipeline that has been blocked since the financial meltdown two years ago. But interviews with seven community bankers, as well as small business owners, show a reluctance to participate.

"People in my constituency can't get credit, and this will get money out to small businesses, who are the engine of job creation for this country," said Republican Sen. George LeMieux of Florida, who co-authored the amendment that created the lending program.

Bank executives say their customers don't want loans, even at low interest rates, because the sluggish economy has chilled expansion plans. Some say the federal money isn't worth it because they fear it will come with too much regulatory oversight.

"We have taken a strategic decision not to have our primary regulator, the government, also be a partner in our bank," said William Chase Jr., CEO of Triumph Bank in Memphis.

Chase said the bank already has enough capital to meet the paltry demand for loans. "Our business customers are mired in uncertainty and are reluctant to invest in their businesses," Chase said.

Instead of setting up a myriad of bull shit programs, how about the idea of dropping tax rates, and letting business owners keep their money to invest as they want.

But congress seems hell bent on taking your money but letting you have some back if you ........

Invest in equipment
Hire an unemployed worker
Need to borrow money
Invest in energy efficient property
Offer health insurance
etc....

Now relax and swing

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