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White House proposes crowdfunding exemption

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Re: White House proposes crowdfunding exemption

#4

Trillions for banksters, millions for the entrepreneurs. It's a start I suppose.

This is the kind of worthless comment I hoped would never become commonplace on Hacker News. There's no argument here. There's no point. It's just an snide jab with an information content of zero. If you disagree with the article, say specifically why. If you agree, say specifically why.

Re: White House proposes crowdfunding exemption

#7
Seems like some very reasonable proposals that have the potential to make a huge impact.

support long-term unemployed workers who create their own jobs by starting their own companies

nationwide, interoperable wireless network for public safety

new science labs and Internet-ready classrooms

BusinessUSA within 90 days...one-stop online platform will provide access to information about the full range of government programs and services businesses need to compete globally

I'm happy to pay my taxes, personally I don't think there is a much better use of my money than improving the lives of the people in this country, or any country for that matter (once my basic needs are met, of course). Putting people to work is just an awesome side effect of improving our infrastructure and schools. If there is wasteful spending in the government, identify it, and get rid of it. There's no need to maintain some religious faith against ever raising taxes for anybody though. I mean look at today's tax rates compared to the early 80s: http://www.taxfoundation.org/files/fed_individual_rate_histo... [PDF]

It will be interesting to see if the Republicans are willing to compromise on increasing revenue, and the Democrats on entitlement programs, in order to meet the goal Obama has set for the deficit reductions, which is what will ultimately determine if The American Jobs Act will come to fruition.

Re: White House proposes crowdfunding exemption

#8

Trillions for banksters, millions for the entrepreneurs. It's a start I suppose.

This is the kind of worthless comment I hoped would never become commonplace on Hacker News. There's no argument here. There's no point. It's just an snide jab with an information content of zero. If you disagree with the article, say specifically why. If you agree, say specifically why.

There are 3 other comments in this thread so far. Care to explain how mine differs from them?

  If you disagree with the article, say specifically why. If you agree, say specifically why.
My succinct point was that the US federal government has given literally trillions of dollars to US banking institutions, while giving little to nothing to people who create jobs. Giving a bit of funding to entrepreneurs is maybe a step in the right direction for a change.

Re: White House proposes crowdfunding exemption

#9

Trillions for banksters, millions for the entrepreneurs. It's a start I suppose.

This is the kind of worthless comment I hoped would never become commonplace on Hacker News. There's no argument here. There's no point. It's just an snide jab with an information content of zero. If you disagree with the article, say specifically why. If you agree, say specifically why.

I think wavephorm makes a valid point. The government has been giving huge sums to the banking industry to bail it out, a fact. And a tiny fraction of that to entrepreneurs, also a fact.

If the US had more startup-friendly policies, you could imaging a $100B fund, still 1/40th of the banking industry bailout, that could have a huge positive effect.

Being aware of the disparity is the first step toward correcting it.

Re: White House proposes crowdfunding exemption

#10
In a way, I kind of wished they had linked to something a little more relevant with the Kickstarter link. There was some strong talk about transportation infrastructure and technology leading that in the president's speech tonight

I realize it's reaching, but I think maybe using the revolights project page to suggestively highlight transportation/infrastructure is an important theme as a part of the Jobs Bill.

http://www.kickstarter.com/projects/revolights/revolights-jo...

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