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Inc. mag. blogger says Kerry will be missed as Chairman of the Small Biz Committee

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beachmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-18-08 06:07 PM
Original message
Inc. mag. blogger says Kerry will be missed as Chairman of the Small Biz Committee
Edited on Thu Dec-18-08 06:09 PM by beachmom
This is rather nice.

http://blog.inc.com/the-entrepreneurial-agenda/2008/12/kerry_grows_too_big_for_small.html?partner=rss

Kerry Grows Too Big For Small Business Committee

Posted at 3:34 PM

For years, the small business constituency had a powerful advocate in Senator John Kerry, Democrat of Massachusetts. He was chairman of the Senate Committee of Small Business and Entrepreneurship, an undersized role for a former Democratic nominee for president. Though the committee's chief responsibility was overseeing the Small Business Administration, Kerry weighed in on the whole range of issues that affect entrepreneurs and small firms, sometimes clashing with his party in the process. He was, for instance, hostile to the notion of forcing hedge fund and private equity manager to pay income tax on the money they earned on the "carry" -- that is, on their 20 or 30 percent share of investment profits. He worried, he said at the time, that such a rule would choke off venture investment in small firms.

In the Congress, Kerry moves on to a much bigger pulpit: the chair of the Senate Foreign Relations Committee. The helm of the Senate Small Business Committee goes to Louisiana Democrat Mary Landrieu. The change is significant; Kerry brought a profile to the committee that Landrieu will find difficult to match.


He goes onto detail that apparently, Landrieu is kind of corrupt. I am not a fan of Mary Landrieu but I did not know about her alleged corruption. He ends with this:

Senator Kerry will be missed. Let's hope he stops in at a hearing from time to time.


Here is the link to the 20 most corrupt members of Congress:

http://www.citizensforethics.org/node/34046

Their problem with Mary Landrieu:

http://www.crewsmostcorrupt.org/node/427

I have to say, this group is clueless about Saxby Chambliss. With what he did regarding the sugar industry, the deaths of workers, and his bullying of a whistleblower, I just think he is so much worse.

Hat tip:

http://www.smallbusinessnewz.com/topnews/2008/12/17/kerry-to-stop-serving-as-small-biz-committee-chair
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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-18-08 07:49 PM
Response to Original message
1. These are nice - it means something that they say they will miss him
That the first mentioned that the chair was "too small for a presidential nominee" is the first time I ever heard that said - instead I remember the whisper campaign that he was pushing to be more than just one of hundred. There was none of the effort to give him anything that there was with a certain princess.
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