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I didn’t need a consultant.
“The first question is what did he use the funds for,” said Ryan. “The other interesting thing is the timing. In January 2009 it was very difficult to get business loans. Banks had just tanked six months before that.”
Ryan’s center has helped entrepreneurs make business plans and get SBA loans. He can’t recall many during that period, nor one that defaulted. He thinks that if Nienow can’t pay, the feds could “theoretically” take his house, but he’s not heard of it happening.
Nienow may well have good answers to all these questions. I hope so, I hope he’s willing and able to show his loan intentions were not just “fairies and fufu dust.”
He says his suit has no connection to his legislative job.
He’s wrong. Voters care about character, especially of a guy who makes a big deal out of accountability, transparency and his favorite, “personal responsibility.”
“I’ve said for years, big business loves big government,” Nienow once said.
Apparently some small businesses do, too.
firstname.lastname@example.org • 612-673-1702 Follow Jon on Twitter: @jontevlin
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