How the 2012 Iowa Caucus Impacts Potential Hard Money Lending

I must admit that I’m truly excited about the prospects of hard money for our country going forward after watching the returns last night in Iowa.

None of these candidates have expressed any thoughts or ideas whatsoever about how they would address the banks bad debt problems, the lack of bank loans for small business, or any way to avoid the prospective problems of higher oil prices, inflation and foreign debt problems.

I see a bright future for hard money as the only viable source of funds for business start-up and growth both in the short and longer term.

The banking system in this country will be imploding due to a swing of the pendulum towards more conservative lending policies to insure the long-term strength of the overall financial system. The unintended detriment is that it leaves new and growing businesses high and dry when it comes to funding.

If one of these candidates actually came up with solutions or suggestions to face these problems directly, the small business sector in this country would have a fighting chance at growth. But, as it stands now, they are more concerned with who is the more conservative candidate and who can win the Christian right vote.

Pardon me saying it, but I don’t think that religion has any place in the politics of government. The government is not there to tell us how to pray, what to do about abortions, education or any of the other states issues. Even worse, is that these candidates believe somehow that the government should be responsible for telling a woman what to do with her body.

Why not deal with more pressing issues?

Wouldn’t it be a breath of fresh air if the candidates addressed the more pressing problems?

For example, why not try to find a solution to continued high unemployment throughout the U.S.? This would be like a breath of fresh air to all of the people employed by a string and to all of those people who are unemployed, especially if it was directed at putting them in a job.

And, what about the deficit? Are we just going to let this issue continue to get worse and worse until we implode like Greece? Apparently so…

Do yourself, and your business, a big favor and read the handwriting on the wall. The economy is not going to get better any time soon, and banking and the entire financial system may become significantly worse for small business.

Educate yourself now about hard money. Let my new book, Where to Go When the Bank Says No!, be the guide book to this incredible source of funding that is easier and faster to get than a bank loan would have been (if you could have gotten one).

I’ll be there to consult with you if you need the help.

Have a happy new year.
Best regards, Steve

This entry was posted in Government Impact on Lending, Hard Money News, Hard Money Trends. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>