…though the dark cloud of financial “reform”:
The Senate passed an amendment to the financial reform bill Monday night that keeps requirements for angel investors much as they are now, eliminating changes opposed by venture and technology lobbying organizations.
So at least that’s a few less million real jobs that will be prevented from creation by Washington.
[Via Clark Lindsey]
This is the best news I’ve heard all day.
Indeed, this is good news.
It never made sense in the first place. Why should this sort of investment only be restricted to an extremely small portion of the population? Or for that matter be restricted at all? What annoys me is the possibility that this might have been used as a ploy to get leverage for some other condition. I consider that sort of thing legal extortion and one of the many little problems that comes from having a too powerful government.