Tag: program

  • The 10 Biggest Myths About Starting An Internet Business

    online-moneyYou have heard from people saying Internet Business is a waste of time, you will not make any money, there is no real money to be made online, it will never work and so many others negative words coming from people who don’t really understand in this Internet Business industry.

    The thing is, it does work. Why some people make a fortune and some don’t even make money at all? Simply because the people who make thousands or millions of cash knew all the lies in this business and they will not trust these lies.

    So what is this big internet lies? Below here are the 10 big internet lies that you should know:

    (more…)

  • Snyder: ‘Skins have ‘let everyone down’ (AP)

    Dan Snyder is embarrassed. He feels terrible. He's also hurt, frustrated and apologetic. Name a downbeat adjective, and he's all over it. The Washington Redskins owner made some rare in-season comments about his team Tuesday, speaking at an event to celebrate the franchise's charitable program to renovate football fields at Maryland high schools.

  • First Lady Launches White House Mentoring Program

    First lady Michelle Obama launched a mentoring program Monday to give local high school girls access to women at the White House.

  • Obama Announces Small Business Bail Out

    Filed under: ,

    President Obama has finally outlined a bail out plan for America’s small businesses. Perhaps due to mounting criticism that the administration is only helping huge corporations weather the economic storm, the Obama Administration outlined a series of policies targeted to direct more capital to small banks and community institutions that lend to small businesses, especially in economically deprived areas. The New York Times reports:

    The measures, announced by Mr. Obama at a small records storage company in Maryland, would allow smaller community banks to borrow at low rates from the Treasury Department’s Troubled Asset Relief Program. It would also raise the loan caps on several popular Small Business Administration programs.

    Under the administration plan, banks with less than $1 billion in assets could borrow from the program at a lower interest rate than financial institutions are required to pay.

    In exchange, banks must demonstrate how they would increase lending to small businesses and follow up with quarterly reports. According to the White House, most business loans by the community banks that are eligible for the new rules are made to small businesses.

    In addition, community groups that lend to small businesses in low-income areas under a Treasury Department program will be able to borrow relief money at just 2 percent annually for eight years. In the past, banks have been leery of the such loans because the program allows the government to buy warrants for the banks’ common stock and because it requires the institutions to limit executive compensation. But the small banks probably will not have to issue warrants in that program rules contain an exception for infusions of less than $100 million. The proposal as described Wednesday caps the infusions at $20 million.

    To learn more about Obama’s small business bailout program, be sure to check out these sites:

    +Obama Announces Small-Business Lending Push
    +Community banks to get bailout money as Obama seeks to boost small business
    +Obama refocuses bailout on small businesses

     

    Permalink | Email this | Linking Blogs | Comments

  • DC Budget Cuts Can’t Overcome a Mother’s Love

    Filed under: ,

    My mother gave birth to me when she was 17-years old. As a teen mother who didn’t have a lot of money, she didn’t know the first thing about raising a child, taking care of her health, or preparing for her economic future. Fortunately, there were adults in community-based programs who cared enough to teach her the things that she didn’t yet understand.

    It is for that reason I support programs like The Health Babies Project in Washington, DC. There is no more important job than that of a mother, and The Healthy Babies Project understands that. The great challenge for the organization is that politicians seem to remember that babies don’t vote. So, when the funds are low, programs like this one are among the first to be killed.

    Due to recent budget cuts, DC Mayor Adrian Fenty has allowed for the program’s budget to lose a whopping $500,000 per year, well over half of the funding that the program needs in order to operate. Dr. Pierre Vigilance, Director of the Department of Public Health, has played his role in the process by allowing funding to be cut that had been previously promised to the organization. What’s worse is that the program has been doing a better job than the Department of Health itself when it comes to reaching benchmarks on the elimination of infant mortality.

    The unborn babies can’t quite speak for themselves, but their mothers aren’t taking this lying down. The organization is planning a rally Tuesday, October 6 in Freedom’s Plaza, located on Pennsylvania Avenue. The women being supported by the program are also working the phones to hold local officials accountable and are even pushing to get the attention of First Lady Michelle Obama.

    Programs like The Healthy Babies Project are important, since infant mortality in the black community is 2.3 times greater than that for white Americans. Additionally, persistent problems in the DC area, such as HIV infection and malnutrition require continuous dedication from public officials. One can understand the idea of cutting a program that isn’t working. But if a program is doing well, and goals are being reached, why would this be the program that gets one of the most significant funding cuts in the city?

    Perhaps we are getting a chance to see DC politics at its finest. Politicians are going to be political, but our children need our support.

    Dr. Boyce Watkins is a professor at Syracuse University and author of the forthcoming book, “Black American Money.” To have Dr Boyce commentary delivered to your email, please click here.

     

    Permalink | Email this | Linking Blogs | Comments