In 2017, President Donald Trump signed an executive order to ease restrictions on foreign-owned banks that had allowed them to expand their operations in the United States, even though they were technically foreign corporations.
Now, in 2018, the U.S. Chamber of Commerce is trying to build the country’s first “political machine,” a $10,000 machine that can help businesses turn money generated in foreign countries into cash, at a fraction of the cost.
“When we were thinking about what to do, we had a lot of questions,” said Tom Hall, president of the Chamber of Business of Central Ohio, a local group that works with small businesses to grow and develop.
“We wanted to figure out how we could get into the market, how do we make money with this machine, how can we get people into the political process.”
The answer came to Hall from a small business owner in Central Ohio who asked him to help him make a machine for his company.
“I just want to do something with people and give back to the community,” said Michael Zilber, founder of Zilbers Coffee House, a cafe and coffee shop in Columbus, Ohio.
“I wanted to do a machine that could turn cash into a business.”
He started his own business and sold the machine to other businesses, but Zilberg said he quickly realized there was a need for an ATM machine that was inexpensive and easy to use.
“We started thinking about how to make money for ourselves and give our business back to our community,” Zilberman said.
“So we started looking at making it cheaper and easier to use.”
The result is a machine called the Zilberman Machine, a $100 machine that costs about $1,000.
The Zilbernmans are using the machine as a way to donate money to charity.
“It’s a political machine for a lot more than just the business, and I think a lot people want to help out with it, too,” said Zilbert.
Zilber said he’s excited to see how many people use the machine and see how quickly it grows.
“People really like it.
They really like the fact that we can donate to charities and we can pay our bills,” he said.
He hopes it will make people more aware of the importance of donating to charity and giving back to their communities.
Zolber hopes the Ziltman Machine will encourage other small businesses in the region to start their own political machines.
“If you’ve got a business that needs help, you’ve probably got a friend or family member that you could donate money towards,” Zolber said.
“In the last couple of years, we’ve seen a lot happening.
So it’s great to see that people are getting involved in that way.”