Friday, September 30, 2011

This is Karen Mills. She is the Chief of the Small Business Administration. She had incredible news. (Click title to entry - thank you)

As I read the letter from President Obama it made me think about this meeting.


I don't want to hear how the Obama Administration isn't working as hard as they can in order to bring vitality back to the USA economy.


Chief Mills and Vice President Biden visited major banks in the country and this is what happened.



WASHINGTON, DC
Wednesday, September 28, 2011

...Last week the nation’s largest banks agreed to set aside $20 billion in small business loans over the next three years helping small business have access to capital and credit.

The banks were bailed out in 2008 and it has taken until now to have capital available for Small Businesses.  It is a major accomplishment and will provide the capital Small Businesses need to make the most of The American Jobs Act.


Click the title to this entry to see the video of her talk.