In his December 12 weekly address, President Obama continued to point out the failures of financial institutions and their leaders, and once again lamented that so many small businesses have closed their doors over the past several months. He also expressed his intention to push banks to give small businesses access to lending “they desperately need to grow.”

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Several news organizations, including the Wall Street Journal, are reporting that today, Obama will meet with a group of top bankers in an effort to encourage them to extend more credit to small businesses. Obama is said to be urging banks to loosen lending restrictions in part by leveraging the financial help the federal government gave banks to save them earlier this year. Continue Reading…

I read an interesting post today at the the CPSIA Comments & Observations blog. Maintained by Richard Woldenberg, chairman of Learning Resources, a manufacturer of learning toys and hands-on classroom educational materials, the CPSIA Comments & Observations blog tracks activity with regard to the Consumer Product Safety Commission’s (CPSC) implementation of the Consumer Product Safety Improvement Act of 2008 (PDF).

woman napping

If you look closely at Woldenberg’s post, you will see a consistent theme that boils down to these three important points. Continue Reading…