NOTES & HOUSE-KEEPING
For fiscal year 2011 and beyond, we have changed the format of our lead-discussion topic posts to an embedded model. That is, several topics on one post, which should drive efficiency and diversity of topic into the weekly discussion thread. The initial post will be broken into two segments: “INFORMATION” and “ISSUE & DISCUSSION TOPICS”, you can respond to either or both sections. However, as has been our policy to date – non related posts will be deleted so stay on topic with your responses. – Rudy
For the 2010 mid-term election cycle, we have made the calculated decision for VSBA to engage the political process in a Monroe Doctrinesque’ fashion in centralize our focus on the 2012 election cycle. Because our focus is on the plight of small business, and we recognize that the shift about to take place in the Legislative Branch has more to do with social extremes; we are drawing a line in the sand. We are not an extremist faction.
Rather, our position is the declared principle that will go to political war to uphold the inviolability of small business welfare, at any level – period. And, that we regard as a dangerous threat any party or politician that pursues policies which do not support or perpetuate this principle. To this end, we will organize and mobilize in order to practice power politics, as necessary.
ISSUE & DISCUSSION TOPICS
- TOPIC 1) H.R.5297 “Small Business Jobs and Credit Act of 2010”, an act to create the Small Business Lending Fund Program to direct the Secretary of the Treasury to make capital investments in eligible institutions in order to increase the availability of credit for small businesses, to amend the Internal Revenue Code of 1986 to provide tax incentives for small business job creation, and for other purposes, passed the Senate on September 16, 2010 and is awaiting signature by the President.
Will or won’t this Bill’s passage benefit your firm? Is it to little to late?
- TOPIC 2) S.3675 “Small Business Jobs Preservation Act of 2010”, a measure that would change the way small businesses reorganize in bankruptcy, has been introduced in the Senate.
Are any of our member firms considering bankruptcy as a means of staying alive? If so, what concerns do you have with the current process and options afforded you?
- TOPIC 3) S.3234 “Veteran Employment Assistance Act of 2010” was introduced in the Senate, and amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish a program, headed by a Director, which designates veterans business centers to provide entrepreneurial training and counseling to veterans in areas in which the number of veterans, especially veterans of Operations Iraqi Freedom and Enduring Freedom, exceed the national median.
As a Service Disabled Veteran of the Gulf War, I have skin in the game on the language in this Act; do you think veterans of any given war at any given time being afforded preferential treatment over their brethren is fair and just policy? Shouldn’t all veterans, agnostic of what war they fought in, be given the same treatment?