You Wanna Know Why?

Posted by sadcox
April 17, 2008

I’ll tell you why.  Or I’ll let MonsterNoodle explain it:

Keep on loaning to people that can’t afford it, for things that are not worth it. Enough said.

Read the whole post.

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Comments
Comment by Lochshen on April 17, 2008 @ 11:46 am

Thanks for the link.

Comment by sadcox on April 17, 2008 @ 12:36 pm

sure thing…I was tempted to say “because Stone Cold said so”

Comment by MacNab on April 19, 2008 @ 9:37 am

No worries, help is coming. Yesterday I was verbally approached by a fine member of our local government and it seems that there will be a conference to discuss small business loans to improve historic homes in Knoxville. It is most probable that this will jump-start our local economy.
http://www.knoxnews.com/kns/business_journal/article/0,2682,KNS_24796_5581130,00.html

I have always wondered why tax money goes to small businesses of which I am one. Instead of taking risks with our taxes, wouldn’t it be better use of Knoxville’s empowerment money to send to a company that earns a solid 6-8% every year with virtually no risk. We could call it a city 401k and divvy up all of the proceeds. It would be more money than I see from the Five Points Grocery or ‘Jay’s Historic Home Construction Co.’

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