Geithner / Summers: Won’t Rule Out New U.S. Middle Class Taxes
Published August 3, 2009 | 
Team Altman Critical News for Entrepreneurs:
Evidence continues to mount for the coming Tax and cost Tsunami Entrepreneurs and Small Business owners are going to be faced with in the future economic environment, that could effect global markets by limiting capacities of business to operate on larger scales, due to the negative impact of tax and cost limitations on “the bottom line profit” and more importantly “available cash flow.”
Treasury Secretary Tim Geithner fired a shot across the bow of Entrepreneurs and U.S. Small Businesses by refusing to rule out new taxes on the middle (the home of many U.S. and Global Entrepreneurs) class, which along with fees, and taxes imposed by individual states will serve to build the tax and cost swell of the 
Tsunami wave facing the U.S. economy in the future including “Mandatory Health Insurance” costs (that will limit payroll capacity for the number of employees) and possible “Cap and Trade” costs.
The effects on the economy will serve to push forward into the future any significant signs of recovery, as consumer confidence continues to remain at low levels, especially when other important costs including energy and gasoline begin to rise and impact all sectors of the Global Economy.
The Rest of the Story: Geithner Won’t Rule Out New Middle Class Taxes
At the same time, Lawrence Summers, former Secretary of the Treasury and Director of the White House National Economic Council, when asked specifically about raising taxes on the U.S. middle class also would not rule out the possibility leaving open the option that most see as inevitable.
Amazon Buys eCommerce Retailer Zappos for over $900 Million
Published July 23, 2009 | 
Team Altman Interesting News:
Amazon.com has finalized the acquisition of hot eCommerce rising-star Zappos.com for a total of approximately $928 Million after all parts of the acquisition transaction are calculated and included, and the new addition to Amazon should prove to be very savvy move and best for both companies, with one of the most popular and destination retail sites on the Internet (Amazon) and an exciting 
retail eCommerce site (Zappos) specializing in shoes and many other accessories.
The Rest of the Story: http://www.techcrunch.com/2009/07/22/amazon-buys-zappos/
Zappos CEO Letter: http://blogs.zappos.com/ceoletter
Entrepreneurs: Financial / Economic Data is Critical for Decisions
Published July 20, 2009 | 
Team Altman Interesting News:
“Successful Entrepreneurs know it is critical to have the latest financial and economic market data available, to help them make the best and most informed business decisions possible, regardless of market conditions.”
Fact: To be able to make decisions that impact the success or failure of their respective businesses, Entrepreneurs need to have the latest financial and economic data available, which means they not only have to maintain good financial records that are up to date, but they need the latest economic data about what is going on in the economy at the local, national, and many times global levels.
For example: If the net profit for the business is positive, but the cash flow is neutral, it is critical for the Entrepreneur to also have the latest economic data to best determine the course of action that must be decided and taken in a timely manner, 
especially if the business must place orders for the coming months, adjust levels of employees and so forth.
Fact: Withholding economic data as U.S. Whitehouse staff has decided to do, for whatever reason, is going to have the same impact on the global markets that negative economic data would have, since it is sure to be interpreted as negative economic data by the global markets anyways.
The Rest of the Story: http://apnews.myway.com/article/20090720/D99I4A0G0.html
Entrepreneurs: Opportunities from Growing Unemployment
Published July 17, 2009 | 
Team Altman Interesting News:
Entrepreneurs: Sharpen Focus as Increasing Unemployment Creates Opportunities
Entrepreneurs should be aware that as unemployment numbers continue to increase month after month over the next year or two, opportunities are being created as new markets evolve from the demand for new products and services, to solve problems created by global economic conditions throughout the global economy, and so the Entrepreneurs that are focused and able to identify the problems/voids and associated demands, and innovatively develop solutions through knowledge, experience, and sometimes collaboration with other Entrepreneurs, will enjoy success as a result of their entrepreneurial efforts.
The Rest of the Story: http://money.cnn.com/2009/07/17/news/economy/state_unemployment_report/index.htm?postversion=2009071710
Entrepreneur Alert: Twitter Experiences Major Security Problems
Published July 15, 2009 | 
Team Altman Interesting News:
Entrepreneurs and business owners should always maintain a constant vigilant guard against someone obtaining confidential personal and secret information either through use of online technology and fraudulent system access by individual hackers, or covert espionage operations for either corporate or government infiltration of offices and systems.
Security is a very fundamental component to the integrity of Internet usage by both individuals and businesses, and without having adequate security assets and their most effective configurations as part of your overall strategic technology plan, it is only a matter of time before the inevitable security breach happens, and many times with severe consequences, so remember, Entrepreneurs must always be vigilant to safeguard their most important information assets.
The Rest of the Story 1: http://mashable.com/2009/07/15/twitter-security-meltdown/
The Rest of the Story 2: http://www.techcrunch.com/2009/07/14/in-our-inbox-hundreds-of-confidential-twitter-documents/