ROUGH DRAFT

With the growing tension in congress to do something proactive on the issue of jobs, on March 21 the proposed JOBSAct hit the Senate floor with much fan fair. As I read my twitter feed it was littered with postings of hope and opportunity that can stem from such a bill. Most of this praise has been coming from Silicon Valley types who are finally getting validated by Washington D.C with this rather hefty bill. Sounds great right? Our most innovative companies in the country are finally getting a little help from the government, the bill cost the taxpayers nothing and will not add a cent to the growing deficit. Every one wins!
As you can tell with my sarcasm I'm not completely convened that this is what small business need expeally tech stocks which are recveing huge amount of attention from Wall Street in there money makeing potental. Facebook is expected to be the biggest and highest priced IPO to be introduced to the floor in history. Platforms like Linkin and Angies List have debuted extremely strong, making it all but certain Twitter and the like will follow to the ranks of IPO. So why am I worried?

The JOBSAct which has the support of the Obama Admistration and the support of House Republicans is very de-regulatory in many ways. One way which is by far has the gotten the most attention is the idea of crowd fund rasieing. This technique has been used by Silicon Valley since the dot.com boom in the late 90's and made really famous by the Obama presidential campaign with his grassroots small funding that gave him a huge edge over John McCain. This bill will de-regulate this prossess, now if you want to invest into a company over a certian amount it is illigal to do so if the investor is acceded. What this bill does now makes it possible for everyday people to invest upwards to 10,000 dollars or 10% of there income to a given company. Pretty cool right? and it is with more possibilities for small busisness to gain bigger funding it will be easier for some companies to start hiring or continue to hire.
 What is not so new or "cool" is the new IPO aspect to this bill. The JOBSAct if passed wants to put into place an "new kind on the block" exception for new IPO's. The bill will make it optional for companies making less than 1 billion dollars to not disclose its records for the first 5 years of it's IPO filing. Supporters of the bill say it will save new companies money and time and hopefully they can hire more people with the money they save....