Yesterday I mentioned that the President was going to announce a new small business lending plan. The NY Times reports that the new plan includes provisions to lower the lending rate to 2% for community banks with less than $1 billion in assets, so they can pass those lower rates along to small business, and… Continue reading Small Business Lending | Will Obama’s new plan work?
Category: Current Affairs
How do you explain tragedy to a kid?
A post on the WSJ Juggle blog brought up an issue that’s been troubling me since 9/11, and even more since I found out about Virginia Tech. I try to keep my child away from the news, especially the TV news. It’s getting harder since she’s 11 now, but I’m still glad I’m doing it.… Continue reading How do you explain tragedy to a kid?
Immigrant Entrepreneurs Outpacing Native Born Americans
A new study conducted by the NY think tank Center for an Urban Future found that "the growing number of immigrant entrepreneurs in major U.S. cities is giving a huge lift to urban economies and even outpacing self-employed native-born Americans." According to an article in USA Today by Edward Iwata: "It’s not just a handful… Continue reading Immigrant Entrepreneurs Outpacing Native Born Americans