Family Run Business!

With times being as hard as they are right now it’s getting harder and harder for family businesses to remain a family business. You read about how a once well know family business is being bought up by one of those big box name stores, which is sad. And it’s not because the family run business is a poorly run business, it’s because they can’t compete. They can’t get the big huge discount’s that big box stores get because their not buying in huge bulk. Their for their prices are much higher than the big box stores are. But what you really lose with the family business is that tie with the community, friendships and great advise, which you can’t get in a box store. We need to support our local family owned businesses every chance we get.

Here’s an example of a locally owned business that offers tse pullers, pre-owned bucket trucks, digger derricks, stinger cranes, cable pulling and transport trailers, crew trucks, and they specialize in equipment from well-known manufacturers. The company is Al Asher & Sons located in Los Angeles, CA. The business has been in the family since 1914 when Al Asher and brother Louis started the business, selling horses. The business today is being ran by the third generation Ashers – John Asher and His Sons – Rob and Jim. So make sure you support your local businesses, which in turn they will support the community their in.

Months To Come!

Today the Federal Reserve Chairman Ben Bernanke said that the economy is suffering through a “severe contraction.” He also stated that he would do everything that he could to bring the country back. He also feels that the Fed and the Obama people need to work together to make things work again. Chairman Ben Bernanke feels that fixing the banking system is the way to go, like most other people including myself. I think the U.S. Government should let all these big banks and insurance companies like AIG fail. We need to stop handing them money and let them go into bankruptcy. After they file for chapter 11 the U.S. Government can come in and take over the businesses, but only to break them up and sell them off. This way the Government won’t run them, we can get new management in there and start with a clean slate. And this way the only one’s that get hurt are the shareholders, which after all they invested in that company, they took the risk not the American people. Why should we pay anymore money for the risk these shareholders took. Hey President Obama, what’s wrong with doing this way? To me and most other people out there this way seems the easiest, after all it’s going to end this way, so stop wasting money people and smarten up.