Comments on: Our Panicmonger-in-Chief http://www.sundriesshack.com/2009/01/09/our-panicmonger-in-chief/ Delivering the Best of the New Media Since 2004. Sat, 28 Jan 2012 20:08:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jimmie http://www.sundriesshack.com/2009/01/09/our-panicmonger-in-chief/comment-page-1/#comment-677784 Jimmie Sat, 10 Jan 2009 12:30:46 +0000 http://www.sundriesshack.com/?p=7413#comment-677784 And they trust the government least of all. And it's the government right now that is throwing mixed messages like a farmer seeds a what field. It'll either take greater control or it'll dither and do nothing. It'll either raise taxes or lower taxes. It'll either put in a bunch of new regulations, a few regulations, or lift some regulations. The fact is that businesses would operate more confidently if they knew that they had firm ground on which to operate and Washington is doing everything but providing that to them right now. They'd also have a heck of a lot more capital if Washington would stop taking more of their money than almost any other country i the world. And it doesn't help matters that the new President wants to take even more, then tell them who they can hire and what they have to pay their new hires. And they trust the government least of all. And it's the government right now that is throwing mixed messages like a farmer seeds a what field. It'll either take greater control or it'll dither and do nothing. It'll either raise taxes or lower taxes. It'll either put in a bunch of new regulations, a few regulations, or lift some regulations.

The fact is that businesses would operate more confidently if they knew that they had firm ground on which to operate and Washington is doing everything but providing that to them right now. They'd also have a heck of a lot more capital if Washington would stop taking more of their money than almost any other country i the world. And it doesn't help matters that the new President wants to take even more, then tell them who they can hire and what they have to pay their new hires.

]]> By: fostert http://www.sundriesshack.com/2009/01/09/our-panicmonger-in-chief/comment-page-1/#comment-677752 fostert Sat, 10 Jan 2009 00:45:19 +0000 http://www.sundriesshack.com/?p=7413#comment-677752 So what kind of business financing are you trying to get right now? I suspect none. But I'm trying to get a lot of it. It ain't easy. Everyone's using their capital to simply secure their position. Nobody wants to buy. And nobody wants risk. Especially the kind of risk that my business entails. There is a real crisis. It's in confidence. Everyone knows they did bad investments, and they assume that everyone else did the same. Nobody trusts anyone anymore. And trust is what economies are based upon. So what kind of business financing are you trying to get right now? I suspect none. But I'm trying to get a lot of it. It ain't easy. Everyone's using their capital to simply secure their position. Nobody wants to buy. And nobody wants risk. Especially the kind of risk that my business entails. There is a real crisis. It's in confidence. Everyone knows they did bad investments, and they assume that everyone else did the same. Nobody trusts anyone anymore. And trust is what economies are based upon.

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