| 00:00:06 |
Coratolo, Giovanni - Vice President
HEADQUARTERS. THIS IS OUR SIXTH AND MOST SUCCESSFUL SMALL BUSINESS SUMMIT AND WE HAVE YOU TO THANK. SEE, IT'S GOOD TO HAVE PEOPLE TO COME TO WASHINGTON...
|
| 00:04:15 |
Cain, Herman - Chair
PITIFUL. GOOD AFTERNOON! NOW I FEEL A LITTLE BIT BETTER. LET IT BE BORNE IN MIND THAT THE TRAGEDY OF LIFE DOES NOT LIE IN NOT REACHING YOUR GOALS. THE...
|
| 00:33:25 |
Coratolo, Giovanni - Vice President
CONFERENCE. YOU KNOW, AS I LOOK ACROSS THE ROOM OF DREAMERS AND DOERS, I CAN'T HELP BUT THINK OF "FIELD OF DREAMS" WITH KEVIN COSTNER. HERE'S A...
|
| 00:35:05 |
Blasingame, Jim - Radio Talk Show Host
HAND TO HERMAN. I DON'T KNOW WHAT TO SAY AFTER THAT? HOW DO YOU FOLLOW THAT? I KNOW. EXACTLY. IN A MINUTE YOU'LL MEET THIS OUTSTANDING PANEL WHO YOU'RE...
|
| 00:41:39 |
Muhlendorf, David - President
LOOK AROUND THE ROOM AND I SEE ALL KIND OF PEOPLE WHO ARE OBVIOUSLY INVOLVED AND HOPEFULLY WE CAN GIVE YOU A LITTLE INFORMATION SO YOU CAN GET INSPIRED....
|
| 00:44:27 |
Miller, Darlene - President and CEO
FOR ANOTHER COMPANY AND THEN YOU BECAME -- YOU BOUGHT INTO A SMALL BUSINESS, DIDN'T YOU? >> THAT'S RIGHT. >> YOU'VE GROWN THAT NOW FOR SEVERAL YEARS....
|
| 00:48:04 |
Blasingame, Jim - Radio Talk Show Host
ON THAT TOPIC, AND IN HIS WORK, IN HIS LEGAL WORK, LEGAL BUSINESS, LEGAL PRACTICE, THOSE ARE THE KINDS OF THINGS HE WORKS ON. ONE OF THOSE THINGS IS...
|
| 00:48:25 |
Sherman, Andrew - Attorney
OVERALL THEME OF THE DISCUSSION TODAY. ANDREW SHERMAN, WITH JONES DAY, RIGHT? >> THANK YOU, JIM. THANKS FOR HAVING ME ON THE PANEL. GIOVANNI STARTED...
|
| 00:51:44 |
Kerrigan, Karen - President and CEO
NOBODY DOES MORE THAN SHE DOES. SHE'S THE PRESIDENT AND FOUNDER OF THE SMALL BUSINESS AND ENTREPRENEURSHIP COUNCIL. KAREN KERRIGAN? >> THANKS, JIM....
|
| 00:56:47 |
Blasingame, Jim - Radio Talk Show Host
TO TALK FOR A COUPLE MINUTES. KAREN, YOU JUST SAID SOMETHING ABOUT, WHAT YOU WERE JUST SAYING ABOUT THIS ASSAULT. HOW MANY SMALL BUSINESS OWNERS HERE,...
|
| 00:57:52 |
Muhlendorf, David - President
51? IS THERE SOME PARTICULAR REASON WHY YOU ONLY HAVE 47 EMPLOYEES IN YOUR COMPANY, DAVID? >> JIM, IT'S VERY SIMPLY THAT THE MAGIC NUMBER FOR A LOT...
|
| 00:59:27 |
Blasingame, Jim - Radio Talk Show Host
IN CASE YOU ACCIDENTALLY HAVE AN EXTRA EMPLOYEE. SO THAT'S AN ISSUE. HERE'S MY LAST QUESTION ON THIS ISSUE TO YOU, DAVID. YOU'RE READY TO GROW. YOU...
|
| 01:00:37 |
Miller, Darlene - President and CEO
SPECIALIZED TOOLING. YOU MAKE HIGHLY SPECIALIZED PARTS. THESE ARE NOT CHEAP PIECES OF EQUIPMENT. THESE ARE HALF MILLION DOLLAR PIECES OF EQUIPMENT,...
|
| 01:01:43 |
Sherman, Andrew - Attorney
INNOVATION, BEING INNOVATIVE. WHY DO YOU THINK AMERICA IS NOT LEADING THE CHARGE IN INNOVATION IN THE WORLD? >> FIRST, WE STOPPED SPENDING ON R & D....
|
| 01:03:28 |
Blasingame, Jim - Radio Talk Show Host
NEW THINGS, BECAUSE IT'S TOO MUCH HAMSTER ON THE WHEEL AND NOT ENOUGH EXPLORING NEW TERRITORY. >> WELL SAID. ONE OF THE THINGS THAT YOU TALKED ABOUT A...
|
| 01:03:56 |
Kerrigan, Karen - President and CEO
TO JUST GET RID OF IT, IS THAT A PRUDENT STRATEGY, OR SHOULD WE TRY TO DEAL WITH WHAT WE HAVE? >> I THINK YOU CAN DO BOTH. I THINK WE HAVE TO DO BOTH...
|
| 01:05:36 |
Muhlendorf, David - President
SAY. >> WELL, THE ADMINISTRATIVE BURDEN OF THAT, WE WERE TALKING ABOUT IT EARLIER, IS ASTRONOMICAL. WE ALWAYS HAD TO GIVE OUT 1099s FOR CONTRACTORS...
|
| 01:06:16 |
Kerrigan, Karen - President and CEO
HEALTH CARE THING, THOUGH. DO YOU HAVE SOMETHING ELSE TO FINISH? >> WELL, I MEAN, THERE'S JUST OTHER THINGS THAT WE NEED TO CONTINUE TO LET OUR VOICE...
|
| 01:07:12 |
Blasingame, Jim - Radio Talk Show Host
THAT AFFORDABLE OPTION AND SELF-EMPLOYED PEOPLE, IF WE DON'T PROTECT HSAs. >> YOU GET THE IDEA THAT HSAs, THAT SOME PEOPLE CONSIDER HSAs TO BE THE ENEMY...
|
| 01:08:31 |
Blasingame, Jim - Radio Talk Show Host
I WANT TO REPEAL THE HEALTH CARE REFORM BILL, THAT'S A GOOD IDEA, BUT IS IT REALLY PRACTICAL? IS THAT SOMETHING WE CAN DO? WHAT QUESTIONS SHOULD WE...
|
| 01:09:26 |
Q&A, -
NAME SO WE CAN EMBARRASS YOU AND ASK YOUR QUESTION. >> HENRY IMPLE. I'M FRENCH SO I KNOW ABOUT THE HEALTH CARE SYSTEM AND WHAT I'M SURPRISED IS THAT...
|
| 01:11:14 |
Blasingame, Jim - Radio Talk Show Host
ALSO HAS A BILL TO REPEAL THE NEW HEALTH CARE LAW. SO THERE ARE BILLS THERE TO
|
| 01:11:20 |
Kerrigan, Karen - President and CEO
DO THIS. >> PRACTICALLY SPEAKING, IN THE NEXT THREE YEARS, THREE AND A HALF YEARS, THAT'S REALLY NOT GOING TO HAPPEN, RIGHT? >> WE DON'T KNOW. HOW MANY...
|
| 01:12:39 |
Miller, Darlene - President and CEO
TELL, DON'T YOU? TELL THEM YOUR STORY. >> WE ACTUALLY WERE WITH OUR BANK FROM 1994 AND JUST LAST YEAR, WE WERE TOLD OUR LINE OF CREDIT WAS GOING TO...
|
| 01:14:50 |
Sherman, Andrew - Attorney
WHAT'S HAPPENED. IN 19 -- IN 2006-2007, THE CREDIT LENDING STANDARDS WERE PRETTY LOOSE. YOU COULD GO LITERALLY TO A BALL GAME AND GET A HOME EQUITY...
|
| 01:16:03 |
Blasingame, Jim - Radio Talk Show Host
DEBT THAT I THINK ARE AT AGGRESSIVE AS EVER AT PLAYING THEIR ROLE IN GETTING OUR ECONOMY BACK ON TRACK. >> AND DARLENE, YOU WENT FROM A T.A.R.P. BANK...
|
| 01:17:21 |
Sherman, Andrew - Attorney
THOSE ORGANIZATIONS HAVE IF THERE IS SOMEONE INFRINGING ON MY BRAND AND ANY OF MY MARKS? >> THAT'S AN EXCELLENT QUESTION. YOU CAME TO THE RIGHT PLACE....
|
| 01:18:50 |
Blasingame, Jim - Radio Talk Show Host
HAVE A CLEAR RUNWAY AS OPPOSED TO BLOCKADES ALONG THE WAY. >> EXCELLENT QUESTION. BETTER ANSWER. THERE'S A STUDY CONDUCTED AWHILE BACK THAT SHOWED THAT...
|
| 01:23:32 |
Sherman, Andrew - Attorney
QUESTION. HE'S RIGHT. THERE'S A LOT OF MONEY ON THE SIDE, ISN'T THERE? >> THERE'S SOMETHING IN THE PRIVATE EQUITY MARKETS CALLED THE OVERHANG. THE OVERHANG...
|
| 01:26:16 |
Sherman, Andrew - Attorney
PANELISTS BECAUSE THERE ARE CHANCES FOR YOU TO ASK QUESTIONS OF A LAWYER AND NOT RECEIVE AN INVOICE FOR IT. I FEEL THERE ARE MORE AND MORE QUESTIONS BEING...
|
| 01:27:45 |
Blasingame, Jim - Radio Talk Show Host
BANKERS LIKE SERIAL NUMBERS. THEY LIKE PROPERTY DESCRIPTIONS AND INSURANCE. THEY LIKE THAT SORT OF THING. THERE IS NO SERIAL NUMBER ON A WEBSITE....
|
| 01:28:23 |
Muhlendorf, David - President
WEBSITE. GO AHEAD. >> WHAT I WAS GOING TO SAY, I GUESS IN MY OWN SELF-DEFENSE, I'M A RECOVERING CPA. I PROBABLY LEARNED AT A VERY EARLY AGE THAT I...
|
| 01:28:55 |
Blasingame, Jim - Radio Talk Show Host
IT. >> THIS IS SOMETHING WE ALL HAVE TO DEAL WITH. TALK TO YOUR BANKERS. THIS IS ANOTHER AREA, LITTLE BIT OF AN OBSCURE
|
| 01:29:08 |
Muhlendorf, David - President
AREA WE'VE ALL GOT TO GET INVOLVED IN. THOMAS, THANKS FOR A GOOD POINT. >> I REMEMBER NOW. SOMEWHAT REMEMBER. >> ANDREW HAS ALWAYS BEEN A PROBLEM, BY...
|
| 01:31:14 |
Miller, Darlene - President and CEO
TO INVEST AND HAVE TO, ALWAYS, BUT EVEN MORE SO NOW. WE HAVE TO WORK SMARTER AND NOT HARDER. SO WE'RE CONSTANTLY BUYING NEW SOFTWARE AND I WAS THINKING...
|
| 01:31:40 |
Muhlendorf, David - President
EQUIPMENT. SO THAT WOULD BE MY ANSWER. >> DAVID? >> ALONG THE SAME LINES, WE TRY TO REINVENT OURSELVES, NOT NECESSARILY WITH A NEW ACRONYM OF THE DAY...
|
| 01:33:05 |
Miller, Darlene - President and CEO
HAND. DARLENE? >> I COULDN'T AGREE MORE WITH DAVID. I THINK THE OTHER THING IS REALLY EDUCATE, EDUCATE, EDUCATE, COMMUNICATE, COMMUNICATE. ESPECIALLY...
|
| 01:34:00 |
Sherman, Andrew - Attorney
THE AND, A-N-D. >> DARLENE? >> PERMACINDUSTRIES.COM. >> ANDREW? >> I APPLAUD EACH AND EVERY ONE OF YOU FOR BEING HERE AND BEING PART OF THE DEMOCRATIC...
|
| 01:34:32 |
Kerrigan, Karen - President and CEO
GENTLEMEN. YOUR WEBSITE? >> JONESDAY.COM. >> KAREN? >> I'LL JUST REPEAT WHAT ANDREW SAID IN TERMS OF CONGRATULATING YOU FOR BEING HERE AND FOR YOUR PASSION....
|
| 01:35:41 |
Blasingame, Jim - Radio Talk Show Host
BETTER PANEL THAN THESE FOLKS AND I KNOW YOU AGREE WITH ME ON THAT. SOMETIMES WE FEEL LIKE WE'RE PREACHING TO THE CHOIR. THESE FOLKS WHO ARE HERE,...
|
| 01:36:43 |
Outpoint, -
IF YOU DON'T KNOW HIM, YOU GOT TO GET TO KNOW
|
| 01:36:46 |
Outpoint, -
HIM. CONGRATULATIONS TO CHAMBER OF COMMERCE. THANK YOU. GOD BLESS YOU. GOD BLESS AMERICA. >> THANK YOU, JIM. WHAT A GREAT HOST. WHAT I'M GOING TO DO,...
|
| 01:37:22 |
Coratolo, Giovanni - Vice President
RALLY ON THE HILL THIS WEDNESDAY. NOW MORE THAN EVER, MEMBERS OF CONGRESS AND THEIR STAFFS NEED TO HEAR FROM THE JOB CREATORS AND THAT'S YOU. GO MEET...
|
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.