Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Wednesday, May 5, 2010

Big Business gets the Engine, Small Business the Shaft

Here are the latest figures from the Congressional Budget Office:

$50B to General Motors
$185B to AIG
$XXXB to Freddie Mac and Fannie Mae
$2.8T committed to the likes of AIG, BofA, CitiGroup
$3.6T committed to Money Market Funds and TARP

Small Business: $30B Total.  Do the Math.

The funding and finance window for gig business continues to be wide open, to the tune of over $10 TRILLION.   According to the SBA, the 27 million small businesses account for half of our GNP.  HALF.  That works out to roughly .06% of what big business is getting to support the backbone of the economy. 

It's time for voters to wake up and act.  Forget the sound bites, educate yourself  Voting is a right...don't waste it.  If the system continues to fail, it may be time for a major change.