I knew I liked the man for a reason. Seems that even with all the adversity he’s been subjected to; Obama is a man of focus. He understands that America’s stability relies on the Small Business.
http://www.forbes.com/2009/03/17/obama-sba-loans-entrepreneurs-finance-sba.html
“$15 billion, coming from the U.S. Treasury Department, will be used to purchase securities backed by the SBA-guaranteed loans in an attempt to jump-start the secondary credit market for small businesses. Banks that offer SBA-guaranteed loans have hit a lending wall in recent months, as the secondary market is frozen, so banks can’t get the old loans off their balance sheets to free up capital for new loans.”
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Filed under Uncategorized by on Mar 18th, 2009. Comment.
Recession seems to be the consistent word of the year; even though we’re only still in the first quarter. But, if you’re reading this then you might be able to digest the concept of the theme of this post.
Warning: This might turn out to be one of my longer posts.
A buddy of mine was telling me the other day how tired he is of seeing headlines like this one…
Dude! Where’s My Job? – Forbes.com.
The ADP Employment Report showed that 697,000 nonfarm jobs were lost in February as the U.S. recession persists, a wider decline than the 630,000 drop that economists had expected. It was the greatest number of monthly job losses on record.
Personally, I don’t mind them; as its kinna like watching your neighbor’s house go up in smoke. I mean, you feel bad; (of course — unless you’re just evil); but, deep down you’re feelin’ real good that it ain’t you.
Now, don’t get me wrong. I’m as empathetic as the next guy when it comes to watchin’ people lose their jobs; then possibly their homes and other assets they’ve worked really hard to acquire. Yet, at the same time, deep down I am oh so happy that I left corporate America behind back in ‘97. Because, if I hadn’t, I’d be pretty stressed out right about now.
But, then again.. maybe not as stressed as most; which brings us to the second half of this post.
Gotta Love Technology, Man!
Even if I were in the corporate grind, today.. I’d be less stressed than most due to the field I’m in. Technology, today has been much more segmented as it gets more and more deeply woven into business models. That’s why the guys in corp.Am IT are sittin’ pretty sweet, right now.
See, those are the guys that were, back in the late 90’s, tinkering around with Gophers, Excite, Alta Vista, Netscape and IRC when everyone was tooting their nose at “that Internet thing”. Those guys.. right now.. are DemiGods in their respective companies because “that Internet thing” has turned into “THE Thing”; they have the early adopters experience.
Also, now that the Net is THE Thing, a good strong percentage of those newly jobless individuals that are spry enough to have rubber bumpers on their glutei maximi are going to be looking to The Net for restitution. Their already taxed out faith in the fallacy of job security has dwindled to nothing and they’re no longer going to rely on Big Brother to look out for them. (This, of course, is just my humble opinion).
So, if you’re reading this.. stick around. We’ll be helping people just like you Pimp Your Job.
Peace, Love & Prosperity,
tecHead
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Filed under Uncategorized by on Mar 5th, 2009. Comment.