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Heart of America Group CEO Michael Whalen on the political uncertainties that are hurting job growth.
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You know what level watch it got a good deal derivatives shut down but it is still not clamping down on all that spending that really really where is my next guest -- well and CEO of a part of man.
This company develops by the way it operates and -- hotels restaurants retail space pretty -- all across the midwest so my co -- I kind of -- much ado about.
Nothing here but you have a good -- things what do you think.
Well we do need to get spending under control I don't know if you remember that movie Dave.
Where there was a body double -- the president after the president had a heart attack he brought a brought in his account -- bomb.
And they said all night cut the cut the budget out and look what we news about a thousand -- -- to get in there and start cutting the budget.
People were not doing that we're not doing now and I think we punted on this holes shut down -- to -- us to keep the lights on for another few weeks maybe days or through the fiscal year by the way.
That's I guarantee the way this thing is structured -- -- that side.
We still pass -- -- and we still played its last night.
Drama you know and I mean.
Right.
Well I think.
Again.
We're not gonna get job growth that's the number one concern of Americans right now.
Do put people back to work with news.
You pointed out many times on your show the uncertainty of where the taxes are going beyond certainty of Obama care.
And then the uncertainty that Dodd-Frank has put into the main street banks I called Bonnie and Clyde -- because it's killing banks on main street.
-- they're gonna keep the job creation Donald.
I'm for a IQ you run and so many eclectic type businesses operations and quite well -- -- put itself let.
What I did seem to expand to get your business is going to as a guy like you really pay attention wants -- and are you focused on.
Opening markets that promising business developments unique to those locations what.
Put on the the lifeblood of small business growth is credit.
The end what we're doing in this country right now is killing the growing fast fast growing companies that economists call Brazil's.
Most small businesses -- small.
But there's a few -- emerge out and create all those two thirds of the jobs and people talk about.
But what we've done we've cut out the public market and the IPOs by sarbanes Oxley -- -- that for the small businesses.
We're killing -- -- conventional bank credit bathroom Dodd-Frank and there the OCC's fearing that in private equity way down so -- cut off the gas to the Ferrari's.
That's well -- Michael let's -- it's still not -- never credited but thank you very very much always good to -- -- thank you Michael royalty deal.
