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Job's Act

JOBS Act Passes, Massive Back-Door Deregulation Rolls Back Financial Reforms, Sets Stage For Wall Street Malfeasance

Mark Gongloff | Posted 05.22.2012 | Business
Mark Gongloff

Demonstrating that disregard for sound financial regulation knows no party, the Senate on Thursday passed the Jumpstart Our Business Startups Act, or JOBS Act.

Senate Passes Bill To Help Small Businesses

AP | JIM ABRAMS | Posted 05.22.2012 | Politics

WASHINGTON — Legislation to help startup companies raise capital by reducing some federal regulations won easy passage in the Senate Thursday de...

Fiscal Affairs: "JOBS" Disaster Looms

Simon Johnson | Posted 05.21.2012 | Business
Simon Johnson

The Senate will vote today on whether to adopt the main provisions of the House bill. Passing this bill would be a major public policy mistake -- akin to the disastrous (and bipartisan) deregulation of the financial sector in the 1990s.

Which Lobby Wrote the "JOBS" ("Jivers' Opportunity to Bilk Suckers") Act? Solving a "Bipartisan" Mystery

Richard (RJ) Eskow | Posted 05.20.2012 | Politics
Richard (RJ) Eskow

It's hard to figure out who's behind the bill when many wealthy and powerful interests stand to benefit from it.

Eliot Spitzer: JOBS Act Would 'Return Fraud To Wall Street'

Slate | Eliot Spitzer | Posted 03.21.2012 | Business

Originally published in Slate Once again, the Puppets on Capitol Hill are about to slam the Muppets on Main Street. The country still hasn’t reco...

Why Credit Unions Matter

Gary Oakland | Posted 05.20.2012 | Business
Gary Oakland

Credit unions serve more than 90 million Americans and play a key role in supporting our economic recovery. Unfortunately, current law imposes requirements which unfairly penalize healthy credit unions for growing to meet the needs of their members.

The Wisdom of the Crowd

Tim Rowe | Posted 05.20.2012 | Business
Tim Rowe

It's time to return to a world in which we can help each other get to work. The JOBS Bill will substantially increase business and job growth in ways we can only begin to imagine.

Fiscal Affairs: CFA Institute Against the "JOBS" Bill

Simon Johnson | Posted 05.20.2012 | Business
Simon Johnson

Overwhelmingly, members of the CFA Institute are against the "JOBs" bill as it currently stands. According to a survey released yesterday, and available through MarketWatch, 33 percent of CFA members in the U.S. think that the Senate should "not pass this bill."

The JOBS Act Is So Criminogenic That It Guarantees Full-Time Jobs for Criminologists

William K. Black | Posted 05.20.2012 | Business
William K. Black

The "Jumpstart Our Business Startups" Act, the comically forced effort to create a catchy acronym, is the most cynical bill to emerge from a cynical Congress and administration. It is an exemplar of why congressional approval ratings are well below those of used car dealers. The JOBS Act is something only a financial scavenger could love. It will create a fraud-friendly and fraud-enhancing environment. It will add to the unprecedented level of financial fraud by our most elite CEOs that has devastated the U.S. and European economies and cost over 20 million people their jobs. Financial fraud is a prime jobs killer.

As Senate Vote On Crowdfunding Looms, A Call To Action

Kevin Lawton | Posted 05.19.2012 | Small Business
Kevin Lawton

We are on the precipice of a historical moment for entrepreneurs, and for America to set the precedent for innovation again. Crowdfunding is not only a win for the 99 percent. Allowing it is a veritable 1st Amendment for American business owners.

Fiscal Affairs: A Colossal Mistake of Historic Proportions: The "JOBS" Bill

Simon Johnson | Posted 05.19.2012 | Business
Simon Johnson

With the so-called JOBS bill, Congress is about to abandon much of the 1930s-era securities legislation that both served investors well and helped make the U.S. one of the best places in the world to raise capital. We find ourselves again on a bipartisan route to disaster.

The So-Called "JOBS Act": Crowd-funding Good, Deregulation Bad

Dave Johnson | Posted 05.16.2012 | Business
Dave Johnson

Internet-enabled crowd-funding of small and local businesses democratizes investment, and could transform our economy. Let's open up the regulations to let this begin.

New Jobs Bill Great Except For The Financial Fraud Thing

The Huffington Post | Alexander Eichler | Posted 03.15.2012 | Business

Congress might soon pass a bill aimed at creating jobs. But there's a catch. Regulators say the bill -- known as the Jumpstart Our Business Startup...

Senate Leaders Drop Standoff

AP | Posted 03.14.2012 | Politics

WASHINGTON -- Senate Republican and Democratic leaders ended their standoff Wednesday over President Barack Obama's judicial nominations and agreed to...

What About Fred?

Robert A. Berman | Posted 05.14.2012 | Small Business
Robert A. Berman

After all the Congressional testimony about small business, after all the talking heads retire to their New York co-ops, this remains: 99 percent of the small contractors in this country will never get -- or even bid on -- any part of the public work the most recent jobs bill creates.

Unleash America's Grassroots Investors With Crowdfunding

Patrick Ruffini | Posted 05.13.2012 | Politics
Patrick Ruffini

By routing around traditional sources of seed-stage funding and raising money directly from friends or people who believe in your idea on the Internet, smart entrepreneurs in every community can have a shot.

Senate Set To Introduce Bipartisan Measure

AP | By JIM ABRAMS | Posted 03.12.2012 | Politics

WASHINGTON -- The Senate is set to come out with its version of legislation to help small businesses raise capital, paralleling a measure that cleared...

How the JOBS Act Stacks Up for Small Business

Carol Roth | Posted 05.09.2012 | Small Business
Carol Roth

Overall, the JOB act's steps to increase access to capital and decrease regulations are both welcome measures; however, once again, there is a predisposition for regulators to miss the point when it comes to what a small business is and what would truly help it.

JOBS Act: Small Business Bill Passes In Congress

Posted 03.13.2012 | Small Business

(By Alexandra Alper - Reuters) - In a rare display of election-year bipartisanship, the House of Representatives voted overwhelmingly on Thursday to m...

House Passes Bipartisan Bill

AP | JIM ABRAMS | Posted 05.08.2012 | Politics

WASHINGTON — Showing that they can on occasion work together, House lawmakers on Thursday overwhelmingly passed a package of bills making it eas...

Extraordinary Popular Delusions and the Madness of Crowd (Funding)

Barbara Roper | Posted 05.06.2012 | Business
Barbara Roper

Although the bills making up the JOBS Act are typically described as "non-controversial," they have been severely criticized by leading securities law experts and are opposed by investor advocates and unions, among others.

It's (Still) All About (Manufacturing) Jobs

Leo Hindery, Jr. | Posted 12.25.2011 | Politics
Leo Hindery, Jr.

It's hard to believe that nearly four years into the worst Recession since the Second World War, while mired in a jobless recovery of unprecedented length and magnitude, we continue to hear that manufacturing jobs don't matter.

Obama: Congress Faces 'Moment Of Truth' With Vote On Jobs Bill

AP | ANDREW TAYLOR and BEN FELLER | Posted 12.11.2011 | Politics

By ANDREW TAYLOR and BEN FELLER, Associated Press WASHINGTON (AP) -- Senate Republicans have voted to kill the White House jobs bill despite weeks ...

Obama Strategy May Be Paying Off With Swing State Voters Ahead Of 2012

The New Republic | Ruy Teixeira | Posted 12.10.2011 | Politics

Recent polling data confirm that Obama's strategy is paying off with both base and swing voters. In the most recent Washington Post/ABC poll, Democrat...

Jason Linkins

The Brent Spence Bridge May Not Be 'Shovel-Ready,' But It Nevertheless Exemplifies The Need For Infrastructure Spending | Jason Linkins | Posted 11.22.2011 | Politics

Today, President Barack Obama is travelling to Ohio to tout his plans to create jobs through infrastructure spending. He will be appearing in front of...