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	<title>Comments on: How About a Stimulus for Entrepreneurs?</title>
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		<title>By: John Harmer</title>
		<link>http://www.kikabink.com/news/how-about-a-stimulus-for-entrepreneurs/comment-page-1/#comment-2980</link>
		<dc:creator>John Harmer</dc:creator>
		<pubDate>Wed, 11 Mar 2009 23:49:12 +0000</pubDate>
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		<description>I agree with Phyllis as well. Micro loans work in developing countries so why not in developed ones as well. But let\\\&#039;s extend it a bit. I know of small businesses that will go to the wall without some form of cash injection. As a consequence, more jobs will be lost. Banks are running scared and will not lend where business risk exists. So funding has to come from somewhere else.

Cash handouts to consumers, while maybe politically good, can put cash in the wrong hands. Transferring cash resources to consumers is the wrong way to go. I lived through the times when the world saw the shonky entrepeneurs setting up even more shonky companies for their own gain. Where gullible investors, who now had the cash but no expertise in recognising the shonky deal for what it was, lost their money..

It has taken almost a generation to get the cash back to where it should be. In the hands of highly reputable businesses that know how to use it to stay in business and thus provide jobs. 

Lets not make the same mistakes again, please.</description>
		<content:encoded><![CDATA[<p>I agree with Phyllis as well. Micro loans work in developing countries so why not in developed ones as well. But let\\\&#8217;s extend it a bit. I know of small businesses that will go to the wall without some form of cash injection. As a consequence, more jobs will be lost. Banks are running scared and will not lend where business risk exists. So funding has to come from somewhere else.</p>
<p>Cash handouts to consumers, while maybe politically good, can put cash in the wrong hands. Transferring cash resources to consumers is the wrong way to go. I lived through the times when the world saw the shonky entrepeneurs setting up even more shonky companies for their own gain. Where gullible investors, who now had the cash but no expertise in recognising the shonky deal for what it was, lost their money..</p>
<p>It has taken almost a generation to get the cash back to where it should be. In the hands of highly reputable businesses that know how to use it to stay in business and thus provide jobs. </p>
<p>Lets not make the same mistakes again, please.</p>
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		<title>By: Anna Johnson</title>
		<link>http://www.kikabink.com/news/how-about-a-stimulus-for-entrepreneurs/comment-page-1/#comment-2976</link>
		<dc:creator>Anna Johnson</dc:creator>
		<pubDate>Wed, 11 Mar 2009 20:20:19 +0000</pubDate>
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		<description>Great post Phyllis. I thinking along similar lines...</description>
		<content:encoded><![CDATA[<p>Great post Phyllis. I thinking along similar lines&#8230;</p>
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		<title>By: Phyllis Fajersson</title>
		<link>http://www.kikabink.com/news/how-about-a-stimulus-for-entrepreneurs/comment-page-1/#comment-2975</link>
		<dc:creator>Phyllis Fajersson</dc:creator>
		<pubDate>Wed, 11 Mar 2009 18:20:16 +0000</pubDate>
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		<description>Micro-lending is better than matching funds or any other subsidies. It&#039;s like a debit card in that it operates with real money. Put the small sum into the entrepreneur&#039;s hand, and see it contribute to real growth. If the entrepreneur fails, you&#039;ve at least know they got a sporting chance. There are indeed people in need to whom we can give money, and there is a place for it. The universal law of giving of your wealth to the poor. Jesus recommended tithing, and that&#039;s stood the test of time very well. My parents gave more money to Gideons than they ever gave me, and I can&#039;t resent them for it. It&#039;s the practice that needs to be supported and kept alive, not the finite dollars my parents might have given me. Microbanking works because its like food to the hungry: it gives life to a wholesome growth factor inside the machine we call the economy.</description>
		<content:encoded><![CDATA[<p>Micro-lending is better than matching funds or any other subsidies. It&#8217;s like a debit card in that it operates with real money. Put the small sum into the entrepreneur&#8217;s hand, and see it contribute to real growth. If the entrepreneur fails, you&#8217;ve at least know they got a sporting chance. There are indeed people in need to whom we can give money, and there is a place for it. The universal law of giving of your wealth to the poor. Jesus recommended tithing, and that&#8217;s stood the test of time very well. My parents gave more money to Gideons than they ever gave me, and I can&#8217;t resent them for it. It&#8217;s the practice that needs to be supported and kept alive, not the finite dollars my parents might have given me. Microbanking works because its like food to the hungry: it gives life to a wholesome growth factor inside the machine we call the economy.</p>
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