{"id":272972,"date":"2010-02-03T18:51:13","date_gmt":"2010-02-03T23:51:13","guid":{"rendered":"http:\/\/davidkirkpatrick.wordpress.com\/?p=6619"},"modified":"2010-02-03T18:51:13","modified_gmt":"2010-02-03T23:51:13","slug":"recycling-tarp-funds-for-small-business-loans","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/272972","title":{"rendered":"Recycling TARP funds for small business loans"},"content":{"rendered":"<p><\/p>\n<p>As much as I think the deficit is a significant issue, <a href=\"http:\/\/money.cnn.com\/2010\/02\/02\/smallbusiness\/obama_lending_fund\/index.htm?section=money_smbusiness&amp;utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed:+rss\/magazines_fsb+(FSB+Magazine)&amp;utm_content=My+Yahoo\" >the ongoing credit crunch for small business is a much more pressing issue for the economy<\/a>.\u00a0Recycling\u00a0money that bailed out Wall Street to give Main Street a leg up is probably good politics, but more importantly, it is good policy.<\/p>\n<p>From the link:<\/p>\n<blockquote>\n<p>President Obama called on Congress Tuesday to recycle $30 billion of the remaining Troubled Asset Relief Program (TARP) funds into a new government lending program offering super-cheap capital to community banks that boost their small business lending this year.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/2010\/01\/27\/smallbusiness\/obama_small_business_proposals\/index.htm?postversion=2010012814\">Touted<\/a> last week in Obama&#8217;s State of the Union address, the plan is the latest incarnation of a proposal the president\u00a0<a href=\"http:\/\/money.cnn.com\/2009\/10\/21\/smallbusiness\/obama_small_business_loans\/index.htm?postversion=2009102715\">first floated<\/a> in October. While credit conditions for large businesses have improved over the past year, small companies are still\u00a0<a href=\"http:\/\/money.cnn.com\/2009\/11\/18\/smallbusiness\/small_business_geithner_sba_financing_forum\/index.htm?postversion=2009111909\">widely reporting problems<\/a> finding the capital they need to fund their operations.<\/p>\n<\/blockquote>\n<p>  <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gocomments\/davidkirkpatrick.wordpress.com\/6619\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/comments\/davidkirkpatrick.wordpress.com\/6619\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godelicious\/davidkirkpatrick.wordpress.com\/6619\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/delicious\/davidkirkpatrick.wordpress.com\/6619\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gostumble\/davidkirkpatrick.wordpress.com\/6619\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/stumble\/davidkirkpatrick.wordpress.com\/6619\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godigg\/davidkirkpatrick.wordpress.com\/6619\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/digg\/davidkirkpatrick.wordpress.com\/6619\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/goreddit\/davidkirkpatrick.wordpress.com\/6619\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/reddit\/davidkirkpatrick.wordpress.com\/6619\/\" \/><\/a> <img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/stats.wordpress.com\/b.gif?host=davidkirkpatrick.wordpress.com&#038;blog=2464417&#038;post=6619&#038;subd=davidkirkpatrick&#038;ref=&#038;feed=1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As much as I think the deficit is a significant issue, the ongoing credit crunch for small business is a much more pressing issue for the economy.\u00a0Recycling\u00a0money that bailed out Wall Street to give Main Street a leg up is probably good politics, but more importantly, it is good policy. From the link: President Obama [&hellip;]<\/p>\n","protected":false},"author":4050,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-272972","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/272972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4050"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=272972"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/272972\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=272972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=272972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=272972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}