https://www.odditycentral.com/news/restaurant-owner-bans-bankers-after-being-denied-loan.html?utm_source=rss&utm_medium=rss&utm_campaign=restaurant-owner-bans-bankers-after-being-denied-loan A collection of oddities that includes weird places, strange people, bizarre events and other odd stuff from all around the world Sun, 27 Mar 2016 13:41:14 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://www.odditycentral.com/news/restaurant-owner-bans-bankers-after-being-denied-loan.html#comment-703829 Sun, 27 Mar 2016 13:41:14 +0000 http://www.odditycentral.com/?p=50960#comment-703829 Jonathan Carr is unaware that the SBA guarantees those loans America’s banks make to small businesses, since 1953. Banks do not take risk. They privatize their profits but leave taxpayers on the hook for risk and loss from small business.

]]> https://www.odditycentral.com/news/restaurant-owner-bans-bankers-after-being-denied-loan.html#comment-703563 Mon, 29 Feb 2016 17:27:45 +0000 http://www.odditycentral.com/?p=50960#comment-703563 Strangely enough, there is no connection between a strong social welfare system, a large civil service, and a lack of bank loan accessibility for small business. In the wonderful free-market paradise that is the United States, banks are just as leery of lending to small business–my company has experienced this numerous times. In fact, the economy would likely benefit if the government stepped in and established its own bank to provide far riskier loans to small business than banks are willing to take on.

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