January/February 2011 SBA Advocate Newsletter | SBA


Release Date: February 2011

Volume 30, number 1

The Small Business Advocate is a periodic newsletter that details economic developments and regulatory trends related to small business as well as the latest initiatives of the Small Business Administration’s Office of Advocacy.

In This Issue

Executive Order 13563 to Improve Regulatory Review, 1

Text of E.O. 13563, 6-7

OSHA Withdraws Two Rules, 1

Startup America Launched, 2

Rodgers Appointed Deputy Chief Counsel, 11

New Advocacy Staff, 11

Message from the Chief Counsel

Small Business Talks; Advocacy Listens, 3

Research Notes

Small Business Economy Released, 2

Legislative Focus

Freshmen Senators Schooled in Small Business Values, 4

Regional Report

Nine Regional Advocates in Place, 8-10

Regulatory News

IRS Modifies PTIN Rule, 12

Financial Rule Delayed, 5

Major Clark Receives Public Service Award, 5

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Small Business Issues Survey Results | Small Business California

Small Business California states that is it is a non-partisan advocacy group concerned with issues facing small business in California.  Each year, the organization compiles a survey of small business regarding the issues facing them. The 2011 survey was just released. 1,341 business owners or managers participated in the survey.  Among the results:

  • 70% believe California is going in the wrong direction
  • 79% believe the business climate is poor to very poor
  • 79% saw flat or declining revenues over the last 12 months
  • 73% don’t plan to hire in the next 12 months

The top three issues for the respondents were:

  • The economy
  • The quality of public education
  • The cost and availability of health care

View Survey Results.

Required Reading: How To Fake An Economic Recovery | Niethercorp Press

‘You can take the blue pill and wake up in your bed and believe whatever you want. Or you can take the red pill and see how far down the rabbit hole goes…’ That line from ‘The Matrix’ applies to this piece by Giordano Bruno. If you’re having a tough time wondering how the stock market can go up while people are losing jobs and homes, this will give you something to hang your hat on.

WARNING: You can’t unlearn this information.

This may be a highly distasteful proposition, but just for a moment, I want you to sit back, and imagine that you are a member of the corporate banking elite. You are a walking talking disease ridden power mad pustule who naively believes himself intellectually superior to the vast majority of humanity and above the inherent laws of conscience, honor, and general good taste. You are a villain in the purest sense, in that you not only do great harm to the world, you actually SEEK to do great harm to the world, if only to benefit yourself and your exclusive circle of “friends”; a clan of degenerate blood thirsty sociopaths with delusions of omnipotence that stalk the night like Armani wearing Chupacabra exsanguinating the joy from poor unsuspecting cultures. You are capable of anything, and sadly, you take “pride” in this fact…

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Why Isn’t Wall Street in Jail? | Rolling Stone Politics

…the justice system not only sucks at punishing financial criminals, it has actually evolved into a highly effective mechanism for protecting financial criminals. This institutional reality has absolutely nothing to do with politics or ideology — it takes place no matter who’s in office or which party’s in power. To understand how the machinery functions, you have to start back at least a decade ago, as case after case of financial malfeasance was pursued too slowly or not at all, fumbled by a government bureaucracy that too often is on a first-name basis with its targets. Indeed, the shocking pattern of nonenforcement with regard to Wall Street is so deeply ingrained in Washington that it raises a profound and difficult question about the very nature of our society: whether we have created a class of people whose misdeeds are no longer perceived as crimes, almost no matter what those misdeeds are.

Read Article.