Democracy is about equal opportunity. We have abandoned our most cherished values to become a survival-of-the-luckiest economy. We must turn that inequity around and support the rock that big banks are built on-depositors and taxpayers. Translation: The Working Public.
We can't lend directly to small business, you say? It would be unthinkable? As Joseph Stiglitz points out- capitalism in America was irrevocably changed with the bank bailout. The old rules no longer apply.
Too much money, you say? We can't afford it? Princeton professor and economist Paul Krugman claims to stop spending would be "pure disaster."
We are all born equal under the law; it is high time America's economic system reflects that God-given right. Because after all, the nation's largest employer is simply Too-Big-To-Fail.
Write to the President: Small Business Direct Lending Now.
To Contact Your Representative
To Contact Your Senator
* Dow Jones Market Watch
*Additional Source: Bloomberg Radio, December 18, 2009,
Live Interview, Credit Analyst: David Goldman
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