Monthly Archives: September 2011

Weekly Economic Update | LAEDC

Posted on September 28, 2011 by CBPS | Leave a comment

THIS WEEK’S HEADLINES:

Leading Economic Indicator Report for August
California Home Sales & Prices in August
California New Home Construction Up in August
Nonresidential Construction Up 13.6% in August
The U.S. Current Account Deficit Decreased Slightly in Q2
Travel & Tourism Spending On the Rise
Events of Interest

September 29, 2011: Los Angeles NABE Luncheon with Dr. Marcy Zwelling, Economist and Healthcare Professional
SAVE THE DATE! November 3, 2011: The 16th Annual Eddy Awards®
November 10, 2011: 23rd Annual Southern California Visitor Industry Outlook Conference

Tagged banks, branding, business, Depression, economic crisis, economy, entrepreneurs, ethics, financial crisis, financial institutions, funding, internet, jobs, meltdown, money, Recession, sba, sbdc, small business

Pork chopped: Rick Perry takes heat for barbecue blast | latimes.com

Posted on September 27, 2011 by CBPS | Leave a comment

“Holy Smoke” co-author John Shelton Reed, a retired University of North Carolina sociology professor, said Monday that people in his state do not mess around with this form of cooking. “Barbecue,” he said, “is the third rail of North Carolina politics.”

Don’t laugh.

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Posted in News and Views

Tagged bar-b-que, north carolina, politics, pork chops, Republicans, rick perry

Euro Tarp – Why It Will Be A Screaming Failure | ZeroHedge

Posted on September 27, 2011 by CBPS | Leave a comment

9x times a problem doesn’t make the problem smaller does it? What could possibly go wrong?

GEEK ALERT: Some technical stuff. Really scary technical stuff. -Ed

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Posted in News and Views

Tagged banks, business, Depression, economic crisis, economy, Euro, financial crisis, financial institutions, funding, Goldman Sachs, Greece, meltdown, Recession

The SBA Doesn’t Loan Money | Lydia Mehit

Posted on September 27, 2011 by CBPS | Leave a comment

Q. Should I get a loan from the SBA?

A. You can’t get a loan from the SBA, but you can get a SBA loan guarantee. Come again?

Well, first off, the SBA does not loan money, so you can’t get a loan from the SBA.

The SBA guarantees a large portion of the loan made by the bank. This means you have to negotiate two sets of paperwork and get two approvals before you get funded.

Q. What is the benefit of a SBA loan guarantee?

A. An SBA guarantee gives the bank the opportunity to fund a loan that doesn’t meet their commercial requirements. The SBA guarantees the bank will receive their funds even if the borrower, you, defaults on the loan. The guarantees range from 50 to 90% of the loan amount.

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Posted in e2e, Lydia Mehit, Tools and Information

Tagged banks, financial institutions, funding, Loans, sba, small business

‘Governments Don’t Rule The World, Goldman Sachs Rules The World’ | BBC

Posted on September 27, 2011 by CBPS | Leave a comment

“This is not a time right now for wishful thinking that governments are going to sort things out,” Rastani said on an interview with BBC on Monday morning. “The governments don’t rule the world, Goldman Sachs rules the world.”

At first blush I thought, ‘At long last, the truth’ but it turns out that the BBC was likely punked. -sigh- -Ed.

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Posted in News and Views

Tagged banks, business, Depression, economic crisis, economy, financial crisis, financial institutions, funding, Goldman Sachs, meltdown, punked, Recession, They are all a bunch of bastards

Federal Reserve Seeks Real-Time Monitoring of Social Networks, Bloggers, Forums, and “Influencers”

Posted on September 27, 2011 by CBPS | Leave a comment

…the Fed will be able to specifically target information being put out by news web sites and even individual users (in forums or comments) and then respond to that information in kind by either contacting “key bloggers” and “influencers,” or simply ramping up their public relations machine to either discredit the message…

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Posted in News and Views

Tagged business, federal reserve, financial institutions, privacy, social networking, spying, technology, They are all a bunch of bastards

Sometimes A Brand Isn’t Worth Saving. Here’s How To Tell | Co. Design

Posted on September 27, 2011 by CBPS | Leave a comment

However, not all brands have the same potential for growth through revitalization. All too often, at the sight of declining sales, the knee-jerk reaction is to try to reinvent a brand without asking if it’s worth the investment in the first place.

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Posted in News and Views

Tagged advertising, brands, economy, entrepreneurs, internet, marketing

It’s A Long, Hard Road | ZeroHedge

Posted on September 27, 2011 by CBPS | Leave a comment

“We’re Here To Help”…Again, we simply cannot overemphasize the importance of getting the big picture macro model right as we make investment decisions ahead. Our primary goal is simply to stay in harmony with directional changes in financial asset and hard asset prices ahead, not necessarily making continual value judgments about policy.

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Posted in News and Views

Tagged banks, Depression, economic crisis, economy, financial crisis, financial institutions, funding, meltdown, Recession

Dads less likely to die of heart problems | msnbc.com

Posted on September 27, 2011 by CBPS | Leave a comment

Dads are less likely to die of heart disease than men who’ve never had kids, a study out Monday found, raising new questions about a possible biological link between male infertility and overall health.