Friday, February 06, 2009

Power to the People

Letter submitted to Congress.org
Dear Senators Snowe and Collins,

I watched President Obama give a nationally televised speech supporting the current stimulus bill before a group of Democrats, in which he congratulated himself for reaching across the isle to Republicans but drew the first applause of the evening when he packaged and disposed of all opposing ideas as "tried and worn out". He would unlikely have received such a response from an audience of the people whose support for this bill has dropped to 37%.

Obama received applause from Democrats when he mocked criticism of their stimulus bill by saying "of course it is spending, that is what stimulus is- it's spending"- Cleverly washing over the fact that while stimulus may be spending all spending is not stimulus.

Since it is apparently the belief of the current administration and party in power that the solution to our economy is to spend as much money as possible and it doesn't matter what it is spent on, I would like to make the case for RADICALLY increasing the amount dedicated to CAPITALIZING SMALL BUSINESS!

In the version of the bill that I have seen, out of 920 billion dollars, there is only 430 million slated as loans to small business and out of that 4 million is for administration.

And yet small business is described as "the engine of new job creation", which indeed it is.

There is much talk about whether or not tax breaks will stimulate the economy-, which is dependent on whether or not people spend or save their money.

I submit that the most certain way to insure that people spend their money is to capitalize small business in a major way. America, is, after all, "the land of opportunity" and to inject money into the capitalization of small business is to inspire opportunities in the minds of the people, who are, after all, the ones who have to pay for all this spending.

There are so many people with dreams of starting their own business but who have never had the necessary capital. Capitalization of small business would stimulate the energy and minds of communities all across America. A person with a local perspective can identify solutions that are not necessarily visible from a bird’s eye view. People who are given opportunities to invest in their own ideas are inspired with HOPE - and this will cause them to spend more freely.

Investing in small business is an investment in the middle class and a democratic society is the strongest when there is a strong and vibrant middle class.

Capitalizing small business gives Power To The People, as opposed to power to big banks, big corporations, and big government, which are arguably "tried and worn out ideas".

Please RADICALLY capitalize Small Business and give Power to The People!


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