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Talk to business owners, though, and the picture is a lot more complicated. A poll conducted at the end of last year by the National Federation of Independent Business, a small-business trade group, found that companies were overwhelmingly more concerned about slow or declining sales than access to credit. A full 51% of businesses cited sales as their top concern, while only 8% cited the ability to borrow money. An additional 22% cited uncertainty as their biggest worry. In unstable times, even healthy companies are unlikely to want to take on debt. (See the top 10 bankruptcies...
...reason: Hale's company is in good financial shape and part of a booming industry. Even though the U.S. hasn't seen a new nuclear power plant since 1996, there are now dozens on the drawing board, and the Obama Administration has announced loan guarantees to build new plants. United Controls is also seeing a spike in business from overseas countries such as Korea, Taiwan, Spain and Brazil. In other words, coming out of the recession, Hale's firm is a commodity in short supply: a top-notch credit risk...
Critics of the deal say that an Executive Order can be rescinded at any time at the pleasure of the President or by an act of Congress. Stupak, though, said that the leaders were close to reaching 216 without him and he felt this was the best deal his group could get. "I will continue in the future to push for statutory language," he said, adding that he has been assured by the White House and Democratic leaders that they will not challenge the order. (See the 10 key players in health care reform...
...Sinai's people are mostly Bedouin - a formerly nomadic Arab people with a distinct culture and dialect - though Mwafi is unsure of their exact percentage of the population. The Bedouin in Sinai are Egyptian and have been for as long as Sinai has been Egyptian - but that hasn't quieted a modern history fraught with tension and mutual distrust. Cairo has received sharp local criticism in recent months for its construction of a new subterranean barrier along Egypt's Gaza border, meant to cut off smuggling. Analysts say the heightened crackdown on the lucrative underground trade, coupled with years...
This time around, though, the role of bad cop has been played largely by outsiders. President Obama has leaned heavily on many of the fence sitters and outside groups have threatened to support a primary challenge against any Democrat who votes against the bill. The final fence sitters are Michigan Rep. Bart Stupak and upwards of 10 pro-life members who are unhappy with the Senate's abortion language, as well as a few particularly vulnerable members, such as Virginia Rep. Glenn Nye, Oregon Rep. Kurt Schrader, and Pennsylvania Rep. Chris Carney. While it's crucial for Democrats to pass...