“Overwhelmed” – C-SPAN Hosts NFIB VP to Discuss the State of Small Business, COVID Relief and Biden Policies – Manufactured Housing Institute Lessons, Manufactured Home Small Biz Alert; plus MHMarkets Update
“The National Federation of Independent Business [NFIB] is the largest small business association in the U.S. It is headquartered in Nashville, Tennessee, with offices in Washington, D.C., and all 50 state capitals.” That’s according to Wikipedia. NFIB says they have around 300,000 small business member firms. In days gone by, a prior state association executive with the Kentucky Manufactured Housing Institute (KMHI) told MHProNews that they were NFIB members. Per that source, KMHI would periodically reach out to NFIB for their support on various manufactured housing issues. Later, an NFIB source told MHProNews that there are several hundred manufactured housing industry members in NFIB. With that backdrop, the following press release from the NFIB to MHProNews should shed light on the Manufactured Housing Institute (MHI), while at the same time providing insights that matter to most small businesses, including those who are involved in the manufactured housing industry.
This report, analysis, and commentary will consist of these segments.
A) NFIB’s media release on their CSPAN discussion of small business policies in Washington, D.C. in the post-Trump Biden era.
B) The full video with transcript, which NFIB has linked up for ease of their members and readers’ access.
C) MHProNews Analysis and Commentary in Brief. That will focus on ‘comparing and contrasting’ what NFIB has done in their release vs. what MHI did with their video about manufactured housing policy and HUD.
D) Following the above will be our daily business news staples – our left-right headline and manufactured housing connected stock market snapshot graphics.
With that outline, let’s begin with A), the NFIB media release to MHProNews dated 12.1.2021.
Washington Journal’s C-SPAN segment highlighted current policies in Congress
On the morning of Nov. 23, Vice President of Federal Government Relations Kevin Kuhlman appeared on the Washington Journal series of C-SPAN to discuss the State of Small Businesses. Hosted by Pedro Echevarria, Kuhlman talked about the impact of the Biden Administration’s policies on small businesses and answered questions from callers.
Echevarria and Kuhlman discussed topics and questions including:
Small Business Surtax
Paid Family & Medical Leave program
OSHA vaccine mandate and implementation
COVID-19 relief programs
Supply chain disruptions
Build Back Better Act
“Overall, there’s a lot to digest and I think small business owners are quite frankly overwhelmed,” Kuhlman says after listing the proposals in the Build Back Better Act legislation that may impact small businesses.
NFIB has analyzed various paid leave proposals for years and implementing such an expansive program in only two years will hurt small businesses. “Half of small business owners cannot fill open positions. That requires a flexible arrangement,” Kuhlman explains. “Previously, businesses with fewer than 50 employees were not subject to the Family Medical Leave Act. So, they’re really unfamiliar with paid family and medical leave requirements and policies… It’s an unfamiliar policy that could disrupt or exacerbate their labor force challenges.”
The Biden Administration’s assessment of the economy’s strength and being in a position to attack inflation can only come to fruition if we look at the root cause of inflation. “The American economy isn’t going to fully recover to pre-pandemic levels until the small business half of the economy has recovered,” added Kuhlman. “So, our advice to Congress and the Administration is to do no harm to these small businesses. Create an environment to help these small businesses survive and thrive.”
Part C) Additional Information, More MHProNews Analysis and Commentary in Brief
The headline and plan for this report indicated That will “focus on ‘comparing and contrasting’ what NFIB has done in their release vs. what MHI did with their video about manufactured housing policy and HUD.”
MHI could aptly make the point that they were able to get manufactured housing into CSPAN reports earlier this year. That would be true.
But regrettably, the case can also be made that the second of those reports reflects something starkly different then what MHI postured. To rephrase that, MHI can reasonably be accused of misleading their own members and/or members of their state association affiliates.
NFIB didn’t just make a claim. They linked their claim up to the evidence. Then, that evidence aligned with their claim.
By contrast, MHI made a claim (see the second report linked above). Their report failed to mention that what they were praising themselves for was arguably a public setback with HUD and the congressman that posed the question MHI apparently asked him to ask Secretary Marcia Fudge.
It is not the first time that MHI has deliberately failed to properly inform their own members and that of the industry that reads their MHI ‘housing alerts’ or their ‘news and updates.’ No wonder so many concerns have been raised by credible sources accusing MHI of various misdeeds?
You can’t make this up. But you can soak up the insight and recognize that MHI has ducked accountability for this type of problematic behavior for years.
Stay tuned for more. But for now, when MHI makes a claim, that is a good reason to sift the details to see if their claims hold together when carefully scrutinized. Because despite MHI’s assertion that they are working for “all segments” of the industry, the evidence reveals that it is consolidators that benefit, while others are often getting the short end of the deal. No wonder Samuel Strommen at Knudson Law has sounded the alarm about the problems associated with MHI. So too have others inside our industry.
When will MHI do what they and their outside attorneys claim they do?
Next up is our business daily recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.
The Business Daily Manufactured Home Industry Connected Stock Market Updates. Plus, Market Moving Left (CNN) – Right (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.
Headlines fromleft-of-center CNN Business – from the evening of 12.2.2021
This is a crisis now
Technicians perform production control tasks at the implant zone in the cleanroom at Fab7 in the Globalfoundries Inc. semiconductor fabrication (fab) facility in Singapore, on May 18, 2021.
Biden official pleads with Congress to immediately address computer chip shortage
Workers are ghosting employers. Here’s how companies can combat no-shows
Dow gains more than 600 points as wild stock market volatility continues
Government shutdown would cost the US economy $1.8 billion a week
OPEC and Russia will pump more oil in January despite price plunge
Could the biggest SPAC deal on record reignite the Wall Street fad?
Dollar General is chasing wealthier shoppers with 1,000 new stores
Why price increases can actually be good for everyday Americans
This rare McDonald’s treat is making a comeback
Why baseball’s billionaire owners and millionaire players just can’t get along
MLB blacks out players on its website
BuzzFeed is voting to go public, but much of its staff just walked out
Christian television network founder and preacher Marcus Lamb, who discouraged vaccinations, dies after being hospitalized for Covid-19
The Microsoft Xbox Series X (L) and Sony PlayStation 5 home video game consoles are shown alongside a television and soundbar on November 3, 2020.
Here’s how gamers are scoring video consoles during a global shortage
An employee walks past crude oil storage tanks at the Juaymah Tank Farm in Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia, on Oct. 1, 2018. Saudi Arabia is seeking to transform its crude-dependent economy by developing new industries, and is pushing into petrochemicals as a way to earn more from its energy deposits.
OPEC’s power was waning. Soon it may have more sway than ever
A whopper burger sits in the kitchen at a Burger King restaurant in Basildon, U.K., on Wednesday, Sept. 8, 2010.
Burger King is returning the Whopper to its original price
Controversial House Jan. 6 Panel Will Hold Public Hearings in 2022
Crowds try to break through a police barrier at the Capitol on Jan. 6,. (AP)
Rand Paul: Blame Dems If Govt Shuts Down | video
Blackburn: Blocking Biden’s Mandate Will Protect Americans | video
Mark Meadows: Media Weaponizing Trump’s False-Positive COVID Test | video
Marshall: Conservatives Still Plan Shutdown Move on Mandate | video
Ferguson: Dems ‘Going Alone’ on Deal to Fund Government | video
Oz: Fauci ‘J. Edgar Hoover’ of Healthcare | video
Jim Jordan: Biden Will Lose, Constitution Will Win on Vaccine Mandates | video
More Newsmax TV
Germany Locks Unvaxed Out of Public Life; Mandate Looms
Unvaccinated people across Germany will soon be excluded from nonessential stores, restaurants and sports and cultural venues, Chancellor Angela Merkel announced Thursday, and parliament will consider a general vaccine mandate as part of efforts to curb coronavirus…… [Full Story]
Survey Shows Job-Jumpers Quit During Pandemic Because The Felt ‘Life Is Too Short’
Analysis: Trump’s Supreme Court Picks Poised to Deliver on Abortion
The month before being elected president in 2016, Donald Trump [Full Story]
Elle Will Drop Fur From Magazines Worldwide
Elle magazine announced on Thursday it will stop using fur in all its [Full Story]
Illinois Is Becoming a Safe Space for Women Seeking Abortions
Abortion clinics in Illinois have become a safe space for women [Full Story]
Media Twists Waukesha Parade Massacre Into ‘Parade Crash’
Shortly after a violent, career criminal with a history of racist and [Full Story] | Platinum Article
Insight Poll: 36 Percent Want Companies to Speak Out
Sixty-three percent of corporate executives agree companies should [Full Story]
South Africa Sees Rise in COVID Reinfections From Omicron
South Africa is seeing an increase in COVID-19 reinfections due to [Full Story]
Omicron Confirmed in Man Who Attended NYC Anime Convention
President Joe Biden is set to kick off a more urgent campaign for [Full Story]
US, South Korea Eye Broader Asia Role While Sprucing Up North Korea Plans
The defense chiefs of the United States and South Korea said on [Full Story]
Blinken Urges Russia to Step Back From Ukraine Crisis
S. Secretary of State Antony Blinken met his Russian opposite [Full Story]
MLB Locks Out Players After Failing to Reach New Labor Deal
Major League Baseball locked out its players on Thursday after [Full Story]
Incredible Miniature Telescope Lets You See for Miles
Smarter Living Daily
US Weekly Jobless Claims Rise Less Than Expected; Layoffs at Lowest Since 1993
The number of Americans filing new claims for unemployment benefits increased less than expected last week, pointing to tightening labor market conditions, while layoffs tumbled to a 28-1/2-year low in November…. [Full Story]
Rising Uncertainty Provides Boost to Gold and Silver
Google Delays Return to Office in Europe, Middle East, Africa
Biden Says Plan to Fight COVID-19 Does Not Include Shutdowns
TSA Requires Rail and Airports to Strengthen Cybersecurity
California Confirms 1st US Case of COVID-19 Omicron Variant
A person in California became the first in the U.S. to have an identified case of the COVID-19 omicron variant, U.S. officials said Wednesday as scientists continue to study the risks posed by the new strain of the virus…. [Full Story]
Pushing COVID-19 Boosters, Biden Says ‘We Need to be Ready’
Survivors of Severe COVID Face Doubled Risk for Death a Year Later
Omicron COVID-19 Variant Case Identified in Minnesota
Cleveland Clinic Successfully Implants First Leadless Pacemaker Defibrillator System
Manufactured Housing Industry Investments Connected Equities Closing TickersSome of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
As the Summer of 2021 draws to a close…Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. · LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others. · AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here. Enjoy these ‘blast from the past’ comments.MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing, and is starting our 12th year of serving the industry as the runaway most-read trade media.
Sample Kudos over the years…
It is now 11+ years and counting…
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
· For expert manufactured housing business development or other professional services, click here.
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Disclosure. MHProNews holds no positions in the stocks in this report.
By L.A. “Tony” Kovach – for MHProNews. Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.