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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Feb. 14, 2011 / 10 Adar I, 5771

The Oscars, Obama and Job Creation

By Alan Douglas




http://www.JewishWorldReview.com | President Obama addressed the U.S. Chamber of Commerce, cajoling business executives to "get in the game" and start using their assets to hire more workers. The President urged business to support his "innovation" initiative with increased dollars. Most U.S. Chamber of Commerce members soldiered through the recession and shall warily continue to clutch their working capital. Given government actions that constricted and diverted capital available for business investment from traditional lenders this reaction is not surprising. The credit crunch is especially painful, and critical for small business in America, the primary source of employment growth.

Big business and big government should take note of the top contenders for this year's Academy Award for Best Picture. "The Social Network" portrays Harvard entrepreneurs, Harvard culture and the cutting edge venture capital firms that provide funding to launch Facebook. The entrepreneurs are "top guns", capitalist ninjas, interested in innovation that produces billions, not mere millions. Venture firms supporting the ninjas take great risks by supporting innovation and demand a return commensurate with that risk. The terms are an Internal Rate of Return that gives the firm back its investment in five years and more than 100% return. It is great drama played out in a real life game of high stakes capitalism.

But capitalism is also about the every-day drama where main street where shopkeepers, plumbers, doctors and speech therapists earn their living. In "The King's Speech" an Australian war veteran immigrates to England, reinvents himself as a speech therapist and devotes his life to a private practice help others. No billions, no franchise opportunities, just an old speech therapist without an Oxford or Harvard degree, who manages to help the King overcome a disability and inspire England in wartime. It is also an inspiring film for all of us with disabilities and/or without Ivy League degrees.

Small business people understand that going into business is about the independence of controlling your own fate, about doing what you enjoy and building something. It isn't always innovative, lucrative or profitable. Dry cleaners, day care centers, and speech therapists won't qualify as "innovative" under the President's plan, nor will they stand a chance of obtaining funding in today's credit environment. Investment and working capital for small and medium size American business comes from savings, mortgages, family, friends and in the past, from local banks. These aren't sexy enough for Hollywood or the President.

Last week my friend Chin told me he was delighted that his restaurant was profitable again. He wants to get himself and his wife out of the kitchen and rehire the workers he had to let go during the down turn. But his savings are spent and his vendors and his local bank are still caught in the credit squeeze so he can't hire anyone. I loved the creativity, excitement and wit of "The Social Network." But the next time I need a plumber, dry cleaner, doctor or speech therapist I hope to encounter the independent and caring spirit portrayed in the "The King's Speech." American's small businesses are nimble, flexible and innovative. They will invest in their community and our country's future with their life savings and hire more of their fellow Americans, if the President lets them.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

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JWR contributor Alan Douglas, an author, media executive, speaker, and attorney, lives con brio- except when he is grumpy.


Previously:

Damages and Penalties
Obstacles with Impossibilities
Making Others Feel Bad
Referrals and Recommendations
Woodpecker Frustration
Phrases, Not Resolutions
I Was A Crime Fighter and Super Hero
Comforting with Sympathizing
Nautical Worry Killers
Can You Keep A Secret?
Holiday Card Hazards
Gifts
Sharing, Transparency and Dumping
Red Alert
Readers Respond Regarding Rabbi
Readers: I Need Your Help with my Rabbi
Humphrey Bogart and P. T. Barnum on Fighting with Family and Friends
Columbus, Honors and Hound Dogs
The Free Lunch
When your child suffers
Conversational Transmitted Diseases
Conservative, Liberal or American
Paris, Antarctica and Shopping
Personal Protection
Dispute Resolution
Jumped or Pushed?
Friends and Acquaintances
Revenge and Vindication

© 2010 Alan Douglas

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