Comments on: Is the new SBA Administrator Already Failing America's Business Owners and Entrepreneurs?

By: Yna

Yna — Tue, 09 Jun 2009 10:35:40 +0000

Hi Chris,

Thanks for this very Informative article, great insight.

Yna
-Use SuFaq for automated customer support online.

By: Willis Kettrell

Willis Kettrell — Mon, 08 Jun 2009 14:25:49 +0000

Chris:

Thank you for insight.

What can I do as a Broker?

By: Braudis Pegram

Braudis Pegram — Fri, 05 Jun 2009 14:30:22 +0000

Chris, thanks for your email. I find your post and comments, and the comments of others before me, both humorous and poignant. As always, and this time with a Bob Coleman assist, you"ve scored. Unfortunately, some are critizing the Administration for the negligence of those who have been appointed by the Administration. No Administration that I can remember has ever been disinterested in private industry or ownership; and the perception that we should adjust to this misconception bespeaks fatalism.

Though I do not suggest that we apathetically sit on our hands like Karen Mills appears to be doing, I do advocate that we support the Administration while making it difficult for people like her as well as lending partner un-cooperatives, to persistently posture or try to maintain the status quo. I think this forum, and others like it, are an integral part of that movement.

By: Andy Kron

Andy Kron — Wed, 03 Jun 2009 13:42:56 +0000

we keep telling each other how inportant small buisness is to the economy. Unfortunatly as we see
the current administration has no interest in
private industry or ownership. This is what we
must start undrstandin and ajusting to.

By: Joel

Joel — Tue, 02 Jun 2009 20:07:48 +0000

Close down the IRS,put a cap on government spending,end eminent domain,implement the Fair Tax. www.fairtax.org

By: Michael Sabler

Michael Sabler — Tue, 02 Jun 2009 20:07:15 +0000

Amen Chris! Jobs created by small businesses add value to our lives where government jobs just create a burden to the taxpayer with no added value.

By: Jamie

Jamie — Tue, 02 Jun 2009 19:19:37 +0000

Good job! Someone needs to do something before it's too late.

By: Chris Hurn

Chris Hurn — Tue, 02 Jun 2009 17:16:25 +0000

Thanks for your comments, Chuck. I agree with your analogy, but disagree with your conclusion. The SBA doesn"t have to be a hindrance, but sadly in the past it has been. I think it has the potential to be a great force of help and good for America"s small businesses, but it has to believe it can. It has a mindset and a leadership “issue” in my opinion – things that can change, but often don"t.

By: Chris Hurn

Chris Hurn — Tue, 02 Jun 2009 17:12:06 +0000

Stephen –

Thanks for your response. If you do know Karen well, please feel free to pass on my comments. I don"t mean them maliciously, but I do mean them critically. She may be in a difficult, even thankless position, but I know there"s a lot more she could be doing — including putting more pressure on the banking community. Perhaps even bringing to life that we have a banking regulatory environment telling banks one thing (and can put them out of business if they don"t comply) and a real world environment requiring their help in bringing about solutions to get us out of this mess. The real story of the credit markets in times like these aren"t being told because bankers are too scared of the regulators and think it"s too technical for the average person to comprehend. Karen has an opportunity to lead the change that"s needed. That was really what I"m trying to convey in my criticism. Again, thanks for commenting. Take care.

Chris

By: Chuck Blakeman

Chuck Blakeman — Tue, 02 Jun 2009 17:06:33 +0000

Thanks for emailing my company - I'm a big small business advocate and believe the SBA is one of the greatest hindrances to small business growth in America. I panned this selection as well in a few other forums, but the real issue is the "client base" of the SBA, which now constitutes 99.93% of all businesses (27 million are "small" by SBA standards, under 500 employees, 17,000 are large, there is not mid). That's like defining short people as anyone under 7' 6" tall, or 99.93% of the population.

Following is my ongoing help to small businesses. http://blog.teamnimbuswest.com. I have a book coming out on the subject in the late summer or early fall.

By: Daryl Sue

Daryl Sue — Tue, 02 Jun 2009 17:03:48 +0000

Thank you- what an unbelievable story.

By: Marie Paulsen

Marie Paulsen — Tue, 02 Jun 2009 17:01:34 +0000

Thanks for your very informative information. Keep it coming. Marie

By: Stephen Bittel

Stephen Bittel — Tue, 02 Jun 2009 17:01:06 +0000

Chris I know karen well personally and suggest the issue is the banks. The fed keeps telling them to build up capital and not lend as leadership talks of loosening credit

By: Cathy McNeil

Cathy McNeil — Tue, 02 Jun 2009 17:00:27 +0000

Thanks for these updates I always enjoy reading.

By: Howard Levine

Howard Levine — Tue, 02 Jun 2009 16:58:05 +0000

"America's businesses are working harder than ever to stay in business and trying to get ahead these days, why should we expect anything less from our civil servants?"

Chris,

Because they have absolute job security, safe salaries, medical, pension, 4 weeks a year vacation, and more percs the higher the position. They really are not involved!

By: O Nikos

O Nikos — Tue, 02 Jun 2009 16:08:18 +0000

I've never had the pleasure of meeting Bob in person (just over the phone) but after watching the videos I know I would hit if off with him.

Go Bob, keep telling it how it is! I know with Chris we have two great people fighting on the side of the good guys!

By: John Konevich, Alliance Capital Funding

John Konevich, Alliance Capital Funding — Tue, 02 Jun 2009 15:39:46 +0000

Chris:

Thanks for sharing Bob's article and your thoughts. As you both articulated, small business is the backbone of our nations economy. The SBA Programs and it's participating lenders have stimulated the economy for years by making capital available to the marketplace. The new administrator has a unique opportunity to be a advocate and friend of small business. By not getting up close and personal with those lenders that have fought tirelessly for small business at the recent NAGGL conference is appalling. We don't need a figure head in this time of crises. We need someone who is not afraid to roll up their sleeves and keep our business owners open for business.

Thanks for your continued support of the SBA programs and small business owners throughout the U.S.A

John Konevich, Principal
Alliance Capital Funding Group LLC
Boston, MA

By: Chris Hobel

Chris Hobel — Tue, 02 Jun 2009 15:37:01 +0000

i expect like tim geitner- kim mills is the wrong pick for this position. id also like to add with small businesses dropping like flies and many more business and ppl making under 250k per yr where is the obama dumonomics gonna get tax review? from the 75k plus a year group?

heres my plan any major businesses like aig gm that fail let 'em and sell off assets to highest bidder in the small bizness arena in america( never out source your product to foreign hands) im sure there are some wunderkinds in the small business arena that are fiscally savvy enough to revamp , mainstream these tired titans of yesterdays industries.

i bet karen mills shows up as a regular at the white house weds parties with stevie wonder and other kiss ass celebs.