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Well, I mean the solutions to
me is, you know, you have

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to put more money into the small
business. I mean, small business is

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the backboto of the economy. It
always has been. I mean we're talking.

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I think it's like forty five percent
of the economy is driven by small

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business, and so you have to
really look at programs that's going to help

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small businesses grow. And when those
small businesses grow, more money's put into

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the economy, and that's how everything
grows from the bottom up. Really,

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you're listening to carry Lutz's Financial Survival
Network, where you get valuable information you

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00:00:29,559 --> 00:00:34,840
just can't find anywhere else to thrive
in today's trying times. You need the

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00:00:34,920 --> 00:00:40,960
Financial Survival Network now more than ever. Go to Financial Survival and Network dot

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com and get your free newsletter and
gift. Financial Survival Network now more than

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00:00:47,759 --> 00:00:55,679
ever. Welcome, you are listening
to watching the Financial Survival Network. I'm

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your host Carry Lutz. Hey,
we're just about into September, the core

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of crashes, so it's appropriate that
we talk to Herman Deboord. Herman your

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Air Force veteran and currently working towards
the goal of connecting the world like never

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before. We appreciate you coming on, or are we talking about the flaws

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of the current occupants of the White
House so called biden Nomics, where it's

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gone wrong and how it's hurting small
business Herman, Welcome aboard, Thank you,

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thanks for having me. So biden
Omics, what exactly is it,

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because I don't really know what it
is. Well, I mean, what

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it seems like is it's a program
that's helping larger businesses. They're actually putting

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money into larger businesses, but it's
killing the small business. I've been starting

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businesses since two thousand and five.
This is my fourth business that I've started.

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I've exited the other three, and
so it was much easier when I

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was when I was doing this earlier. And now inflation and I mean they

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says biden Omics to me, it's
just an inflation tool that's just killing us.

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From manufacturing to employee charges to you
know, trying to find credit for

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different things for your business. It's
it's just gotten way out of hand for

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the small business. That's death by
a thousand cuts. Absolutely absolutely, yes,

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I mean we have we have independent
contractors. Half of our businesses,

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the service business, half of our
businesses manufacturing with different things like fiber optics,

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and so if we're in the service
side, we have to look at,

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you know, how much are we
paying our employees, how much are

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we paying our contractors because they have
to survive in this economy that is obviously

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failing. And then from the manufacturing
side, you know, it takes a

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lot of money to get things manufactured
and get them into different clients. And

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so even that has been very,
very difficult to not only find products,

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but to find the credit you need
to get those things going. Right.

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Yeah, the credit to crunch now
that's taking place due to the banking crisis

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is kind of the final deathbale.
We had the pandemic for two years.

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It's stifled businesses in many states across
the country, and we're just barely recovering

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from it. I was in the
Las Vegas and my barometer was I was

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on the upper floors of the Canal
Shops, which part of the Venetian and

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the last time I was there,
i'd say about three quarters, two thirds,

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three quarters of the shops we're basically
gone. Now the stores are mostly

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full with what I've seen has happened
along the theme you're talking about is that

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the bigger retailers, the luxury retailers, the Louis Vutals, the Gucci's,

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all of them have expanded what were
smaller stores into larger areas. But I

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haven't seen the smaller companies come back
yet. Yeah, and that's going to

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be a problem. I was just
in Vegas last week actually, where we're

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expanding into that area too, and
I think you're right. I was over

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at Aria and when you walk through
their shops, that's what you're seeing.

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You're seeing the Louis Battons, you're
seeing the mulatto as, you're seeing everything

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that's getting bigger. All those stores
are getting bigger. But there was very

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few people actually in there shopping as
well. And so yeah, I think

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now we're looking at there, they're
threatening that another wave of the pandemic is

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going to come back. And what's
that going to do to us in the

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small business world? Good question?
All right, So solutions here? What

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are the solutions? Well, I
mean the solutions to me is, you

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know, you have to put more
money into the small business. I mean,

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small business is the backboto of the
economy. It always has been.

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I mean we're talking I think it's
like forty five percent of the economy is

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driven by small business and so you
have to really look at programs that's going

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to help small businesses grow. And
when those small businesses grow, more money's

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put into the economy, and that's
how everything grows from the bottom up.

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Really right now, looking at this
this kind of a top down approach,

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which is kind of odds for a
democratic system to be doing that, a

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democrat regime or whatever you want to
call it. But I think that's the

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solution, is you've got to look
at better programs for small businesses that puts

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more funding into that instead of billions
of dollars elsewhere. We could we could

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really fix our economy right here.
Yeah, But don't you think it's good

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to have a green economy? Do
I think it's good to have a green

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economy. I think it's premature for
agreen with green economy, I really do.

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I think you're looking at decades out
and I don't think that's doing any

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good right now. I really don't, at least not for my me and

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my business. Yeah, but climate
change, you know, it's destroying the

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country in the world, isn't it. Well, I mean there's a lot

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of I think there's a lot of
assumptions that are that are made around that,

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where you know, we have to
go green, we have to have

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electric cars. But then you know, you look at the other side of

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the argument where electric cars are still
powered by you know, coal and natural

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gases, and it's, uh,
it's it's kind of a funny situation that

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we have going on here. So
you know, I just think we don't

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have the infrastructure right now to set
m up green economy. It's great that

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they're trying, but I think they're
they're just going a little too far right

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now, and it's damaging the economy
to to a point where I hope we

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can get it back. But again, if we have this second wave of

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this this pandemic and they start forcing
everybody on lockdowns, it's it's probably going

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to get more ugly than it is
now. You think lockdowns are coming,

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I mean that's what I'm hearing.
So you know, only time will tell.

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But they're talking about this new wave
of of COVID and uh MASK mandates

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are already happening in a couple of
states, and at one university I heard

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yesterday, I know I'm going to
do lockdowns again. Herman I got to

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take issue with you. They might
do the mask ridiculousness, but they're not

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doing lockdowns again. I don't think
it's ever got I didn't go for that.

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Here where I live, we didn't
go for the lockdowns last time,

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so you know, I guess a
lot of the country did, though.

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They just did whatever they were told. Yeah, I mean, I wouldn't

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put it past them to try it. I just I wouldn't. I just

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don't think it's going to happen,
honestly, because the only reason it could

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happen was that all the states,
to some extent, maybe South Dakota didn't

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do it, but everybody did a
lockdown of some sort. And the states

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that ended their lockdowns before the other
states that kept them going had no worse

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mortality on a per capita basis,
even less in Florida than they did in

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New York, in Pennsylvania and other
godforsaken places. Like I agree with you,

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I completely agree with that, and
I think our we're in Colorado,

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and you know, they had lockdowns. This is a Democrat run state,

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but in my area, in my
city, in El Paso County, it's

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more Republican side, So we didn't
really go some of moneard them and they

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way away see how that works.
But but seriously, over half the states

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will not do a lockdown of any
description, so that means that the other

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states do, and then that accelerates
the flight of citizens out of there.

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I mean, hey, I'm in
Florida. It's the worst thing that ever

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happened to this state and the best
thing. You know, population went up

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five or ten percent, and you
know, we're still trying to deal with

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all the arriving residents. We still
have a shortage of housing inventory. No,

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I think that is a pig in
a poop. They might try the

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masking, but I think a lot
of states won't even bother with that nonsense

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anymore either. Yeah, you know, and I travel a lot for my

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business, so you know, I'm
not looking forward to seeing what the airlines

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are going to do and seeing what
the hotels are going to do, because

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I'm in different states all the time, and it's it's just interesting to see,

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like you said, how each state
handles it very differently. Yeah,

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this is a red herring. They're
getting ready to do something else, and

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this is what they're throwing at us
to distract your tension from it. Hey,

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so three things the current administration could
do tomorrow to help lift the burden

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on small business. You know,
I think they've got to open up more

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funding for small business. They've got
to out they've got to create the credit

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lines that we need by reducing the
interest rates. And I think we've got

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to open up more manufacturing lanes for
us for those of us that are in

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the manufacturing era. And so you
know, it's to me if he just

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did those three things, that would
help us tremendously. All right, But

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you know the problem is government did
all those p PP loans, well,

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the EIDL loans rants, and like
fifteen percent of it got stolen. Right,

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going to be any better at it
this time? Herman? Probably not.

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I mean it's the government. I
mean I spent thirteen years in the

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government, and I know how corrupt
it can be, and so you know,

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it's I don't think they can do
better at it, but they have

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to figure out a way to get
more more funds into the small business owners.

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I think that PPP thing that was
that was kind of a joke where

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you know, they had billions of
dollars stolen in that where people were just

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buying cars and houses, and you
know, I'm not sure I didn't apply

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for that, so I'm not sure
what the criteria was. But anyway,

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I mean that's I don't know that
they could do it better, but they

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definitely need to start doing something for
it. All right, Well, we

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agree with you there, Hey,
Herman website way for people to connect with

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you on the web. Yeah.
Yeah, our our companies Hoover dot com,

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00:10:31,039 --> 00:10:35,559
HUVR dot com. Uh, and
we've got some pretty interesting things going

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00:10:35,559 --> 00:10:39,159
on for sure. All right.
Link in the show notes this interview on

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00:10:39,279 --> 00:10:43,559
Financial Survival Network dot com. Make
sure you sign up for your free newsletter.

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Question for Herman myself email k l
at Kerry Lads dot com. Herman,

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00:10:48,919 --> 00:10:50,879
thanks so much for stopping by,
pleasure to speak with you. Thank

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00:10:50,879 --> 00:10:56,399
you, Carry, thanks for listening
to Carry Leeds's Financial Survival Network your solution

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00:10:56,600 --> 00:11:03,240
to today's trying times for the Let
us go to Financial Survival Network dot com.

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00:11:03,279 --> 00:11:07,080
Financial Survival Network now more than ever