puzzle-pieces The Voice of Small Business in America (VSBA) supports candidates for national, state, and local public offices to enhance our business climate and support our agenda for consistent and stable economic growth. VSBA is committed to helping 8(a), Veteran, and Woman-owned Small Businesses to manage, grow, and protect their business ventures.

Vision…

Our Vision is to become the World’s LEADING Small Business Social Media Group – creating innovative and useful solutions for growing small businesses for a better economic environment worldwide.

How does VSBA work for you?

VSBA is just one of hundreds of representative groups vying for the attention of lawmakers and candidates. In recent years, our Washington office staff has made great progress in reaching out to members of Congress and their staffs, educating them on the needs of 8(a), Veteran, and Woman-owned small business and securing their support.

Our team follows a strategic plan that concentrates on those lawmakers who are members of the important Small Business and Commerce committees. VSBA is a valuable resource that gives our constituents the opportunity to see key Washington lawmakers at their campaign events and discuss our positions on important issues.

In conjunction with our lobbying and Call-to-Action grass-roots efforts, VSBA raises the visibility of our constituent’s views, interests and concerns among influential lawmakers. With increased visibility, VSBA has a greater opportunity to educate lawmakers on issues important to 8(a), Veteran, and Woman-owned small business and a greater opportunity to impact what happens in Washington, DC.

How does VSBA use its money?

Politicians cannot use official congressional resources (i.e. your tax dollars) towards their campaigns, so they rely on money contributed by individuals and PACs for campaign funds. PAC contributions are used to pay for campaign staff, commercials, signs, handouts etc. All campaign money is heavily regulated and policed by the Federal Election Commission (FEC).

The importance of a strong VSBA

Along with the size of our membership base and grassroots activities, politicians also often equate our PAC participation as a measure of our members’ interest in politics and an indicator of how active our members will be when it comes time to vote.

When it comes to politics, far and away the greatest advantage that large corporations, and other political opponents have had over small-business owners and entrepreneurs is the amount of money they contribute to political campaigns.

It is important that VSBA have the resources available to help counter the message of the large corporations. By combining the individual contributions of VSBA, we are able to create increased awareness of your concerns and ensure that they get the attention they rightly deserve.

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For more information, contact bizevangelist@vsbaonline.com

Rudy Sutherland

VSBA Founder & Chief Marketing Officer

202.540.8178


2 comments
  1. Prof. Samuel D. Bornstein said:

    I must bring a very important finding to the attention of all. I have been trying to bring this to the attention of Washington because they must address the following topic as quickly as possible.

    This relates to the upcoming wave of Foreclosures in 2009 that are due to the reseting of the “Toxic” mortgages.

    Many fail to realize that there are millions of self-employed smaller businesses, who employ from 1-10 employees, that are holding these risky mortgages. So, here we have a major problem… Not only will these small business owners lose their homes, but there will be the resulting JOB LOSSES on their business failure. Note, although President-Elect Obama is stressing the need to create 3 million new jobs, we must understand that “JOB RETENTION IS AS IMPORTANT AS JOB CREATION”.

    Our priority should be to be PROACTIVE in addressing these small business owners’ need to avoid defaulting on their mortgages. They require “Immediate and Specific Financial Guidance” to weather this storm.

    The 2nd Wave of Foreclosures has made it to the mainstream Media. CBS’s 60 Minutes had a segment on 12/14/08, but they missed a very important point. Here is a post which may have merit for your blog…….

    I would like to bring a very important bit of information to your attention that relates to this economic crisis that was overlooked until now.

    On Sunday, 12/14/08, CBS 60 Minutes aired a segment “The Mortgage Meltdown”.

    Scott Pelley’s piece on the 2nd Wave of Foreclosures overlooked a critical fact.
    The segment missed the fact that this next wave of Foreclosures in 2009 Will Take Self-Employed and Smaller Businesses who have these TOXIC mortgages. In fact, ALT-A, Option ARMS, Interest-Only, the TOXIC Mortgages that are considered the “Troubled” assets in TARP were specifically marketed to the self-employed who fell prey to them.

    The upcoming defaults on these risky “Toxic Mortgages” will result in an increase in foreclosures. But worse, once these small businesses fail, the resulting loss of jobs will cause millions to add to the ranks of the unemployed. Note that self-employed business owners (16.2 million according to the SBA) employ between 1-10 employees.

    An NASE survey at http://www.nase.org , was the first to provide compelling evidence of small business involvement in the upcoming toxic mortgage crisis. The survey was created by Prof. Samuel D. Bornstein and Jung I. Song, CPA of BornsteinSong Consultants in Oakhurst,NJ,and was conducted by the National Association for the Self-Employed (NASE) which issued a Press Release on November 21, 2008.

    According to this survey, it is estimated that 3,709,800 small business owners hold Alt-A and other toxic mortgages, and 1,279,800 are already delinquent as they have missed one to three or more monthly mortgage payments at mid-November, before the expected Resets that are scheduled to begin in 4th Quarter 2008 through 2012.

    These small business owners will be at-risk of payment shock and default as their monthly mortgage payments skyrocket. Small business owners were especially targeted for these Alt-A loans which required little or no documentation of income which appealed to many small business owners who previously were unable to qualify.

    The resulting defaults will be the cause of the upcoming second tsunami wave of foreclosures that will dwarf the subprime crisis and will take many homeowners, small business owners, and their employees at this critical time when our economy can ill afford it.

    Thank you,

    Samuel D. Bornstein
    Professor of Accounting & Taxation
    Kean University, School of Business, Union, NJ

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