America needs loans on Main Street, not Wall Street

One of the most effective means of dealing with the current downturn and frequent economic gaps would be for those billionaires investing in Wall Street to start making more investments on Main Street. Many could be pulled from the ranks of the unemployed, underemployed and working poor if they had access to small loans to make needed repairs on a home, finance an appliance purchase or more importantly, start a small business. Such a business could be as simple as a cleaning service, a nail salon or a convenience store. The same financing schemes which led to the mortgage debacle could be used to finance small scale entrepreneurship. Doing so will provide the hope required to overcome the inertia of despair, complacency’s calm, or alienation’s silent rage.