Podcast: Return of the Cardholders Rights Bill

Posted on | March 30, 2009 | Comments Off

Microbusiness News Briefs with Dawn Rivers Baker The voices wanting to jump up and down and yell really loudly about small businesses and access to capital and how the lack of the latter for the former have been both shrill and insistent for quite some time now.

Here’s something I’m wondering about.

If most small businesses are microbusinesses, and if microbusinesses generally don’t have access to capital under normal circumstances, then I’m wondering why anybody thinks that lack of access to capital now will cause their businesses to fail?

Or maybe the jumping up and down and yelling is not on behalf of microbusinesses but on behalf of all those small businesses that are used to having access to working and expansion capital?

For all the yelling, access to capital is not going to drive most of the nation’s small firms out of businesses. That’s like saying lack of water will kill a cactus during a drought when the cactus always lacks water so why should a drought make a difference?

Well, it made perfect sense to me!

Listen to the Microbusiness News Briefs Podcast:

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For more information

Credit Cardholders Bill of Rights Act of 2009 (H.R. 627) (THOMAS)
The FY2010 Budget Request for the SBA (Hearing Archive, Senate Committee on Small Business and Entrepreneurship)
Expanding Equity Investment in Small Business (Hearing Archives, House Committee on Small Business)


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