September 29, 2008 at 4:50 pm (business practices)
Tags: business, Consumers, Corporations. Business, JP Morgan, NaturlAmber, Small Business, stocks, WAMU
Everyone is very aware of all the talks of bailout for huge corporations in the mortgage and insurance world, but what many consumers don’t understand is how are the benefited? Well if you had stocks in WAMU you were not protected at all. The government has given those corporations a bailout, and have left the consumers with useless WAMU stocks since JP Morgan did not transfer the stocks over. Fine, want to help out the big guys whose CEO’s fell into financial despair from their greediness to fund anyone regardless to how risky they were to begin with, then us consumers, the “little” ones want to know what kind of bail-out’s you going to be doing for us? I don;t see any bail-out on the thousands of dollars of debt consumers, both reckless and ones who suffered unfortunate circumstances, being bailed out from the debt that is killing our credit scores.
There needs to be check and balances. The Government can’t always come running to the side of corporations who drove their companies to over-whelming debt. Look at Bank of America, they didn’t open risky loans, and they are still standing. Great WAMU was “saved”, but for those of you who trusted your bank and put stock into it, tough for you, the government could care less if you lost $10,000. You arent protected, but don;t worry you checking and savings are.
September 27, 2008 at 7:16 pm (business practices)
Tags: Handmade Jewelery, life, Politics, Small Business
Being a Small Business Owner in this economy is not easy. With pennies being taken off of gas prices, and the cost of living and daily business expenses going up, where is the “bail-out” talks for the small business owners making sacrifices and locking up the doors for good? With consumers pinching pennies, eating in, and shopping more frugally how does a small business compete in that kind of space when the only choice they have is too raise prices? The more they raise them, the more frugal customers they potentially lose.
Being young, I almost wonder if I didn’t choose the right time to open the virtual doors to my shop NaturalAmber Designs, but then I stop to think I have some pennies to invest so I’ll just be more frugal, I have a day job, but how many small business owners out there are not fortunate and have that second job? I want to know which candidate is going to address tax cuts for these smaller businesses? Which candidate proposes small business stimulus checks? Which candidate is going to want to save small businesses from going under? I hear all this talk about bailing out huge corporations — and yes something needs to be done about the mortgage crisis, but how about passing a law that gives a higher minimum wage? A must pay to the employee $12.00 an hour. The higher inflation goes, the more people struggle, and the middle class just diminishes more, and the poor just get poorer. I’m sure the multi-million dollar CEO can scarifies a few thousand dollars.
Which candidate is for small business? I haven’t heard anything yet from either one that is promising. I have dreams, and those dreams a big, I just want to know whose hands I put those dreams in. I am a Democrat so I know who I will be voting for, but I just want to hear plans not promises for the small business owners.
September 15, 2008 at 2:49 am (business practices)
Tags: Dreams, etsy, HANDMADE, jewelry, Jewelry Artist, Mccain, NaturalAmber, Obama, Politics, Small Business
Just like many other small businesses I am a little frustrated with the economy and I need a President who knows Small Business 101, and who understands the failing economy directly affects many businesses like mine. So many small businesses are folding simply because the high prices of every day business running, from supplies to gas, are eating way into their profits. Who is going to stop that, and how are they going to stop that when they have a disaster of messes to clean up once stepping into office. I want to know what candidate is going to prioritize on some of their “promises” when stepping into office, simply because 8 more years of this downfalling of the American Economy is going to cut away at my dreams and that is going to hurt. What candidate is going to stop that, which candidate cares enough about the American Dream, and all those people trying to build a dream of their own.
I will be the first to admit, I was not a fan of either candidate at first but now with these being the only two standing I have accepted one of them will be the next President, and as a small business owner Mccain is not the one who will solve my problems, and I hope Obama will have enough internal experience to make the American experience revived, and the dreams of small business owners like mine within grasp again. I know if we do not recover, and the economy keeps going down in crumbles my dreams of becoming a successful jewelry artist may go down in flames with it. It scares me to my future in their ahnds, but what choice as American do I have. I guess I can always move to Europe.