"Wizard of Woodstock" wrote in message
...
On Mon, 12 Jan 2009 02:20:22 -0500, "Eisboch"
wrote:

Here's my proposal.

Forget about big business bailouts and stimulus checks/tax relief programs
to private individuals.

Establish a federal version of the state small business administration
(SBA) programs and use a fraction of the bailout monies being spent on
bailouts to provide start-up funding or growth funding for small
businesses
nation-wide. This is where 80 percent of the population works. Some of
those who have lost jobs will apply for start-up funding to create new
ones.
Obviously not all new businesses will make it, but those that do will hire
more people, many from the unemployed ranks. Small businesses are better
suited to focus on new technologies, green programs, or service sector
areas
anyway because they don't have the diverse baggage to carry like big
business.

A recovery won't be fast, but it will be based on a solid footing and will
open the door to re-establish manufacturing in the US

Yabbut...

The point that everybody is missing is this; we are at a nexus point -
a historical confluence of events that is shifting the course of human
events. We will not be able to control it because it's ineffable - it
can't be described becasue nobody truly understands it or what will
happen when it finally changes the historical dynamic.

It's not like it hasn't happened before - discovery of the wheel, the
discovery of the concept of zero, printing press, scientific
revolution, industrial revolution, etc.

Where we, as humans, make the mistake is in trying to control events
and make them conform to us - it's an essential element of human
nature. This time there are major convergences of historical
imperatives - cultural, social and economic. In the past, these
events have led to major wars and it will probably happen this time.

This is important to understand - we have no say in the matter. We
cannot change the historical imperative no matter how we try. Upheaval
is necessary for progress otherwise we stagnate. Expand or die.

It's as simple as that.



BTW, just for giggles, (well, maybe not just for giggles) I drafted up a
simple suggestive proposal, expanded and clarified the concept slightly, and
emailed it to Obama's transition team charged with economic matters.

It's will be interesting if they read and/or respond.

For Jim: The problem with state run SBA programs are that they are more
geared towards existing small businesses in need of expansion funding. In
addition, most states right now are cutting back on expenditures and
services and funding via that route may become scarce. The state of the
national economy qualifies as an emergency and that's the responsibility of
the Federal government and their pocketbook.

It's will be interesting if they read and/or respond.

Eisboch