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DeFranco Delivers Idea #3: Provide Access to Capital for Small Businesses by Ending Welfare for Big Banks

Here is Idea #3 in our 20 Ideas campaign to give voters actual solutions to our current challenges — steps to a Total Makeover of American Democracy in 2014

Marisa’s opponents are in the kowtowing business–kowtowing to party establishment, big money, PACs, and K Street. Marisa is in the solutions business. Specifically, she is in the solutions business for Main Street’s small business–your business.

Our small businesses are the lifeblood of our economy, but Congress undermines us at every turn. If Congress would stop crushing our innovation and creativity and entrepreneurial spirit, then together we can build a strong and thriving Main Street that will restart the engine of our economy and create jobs.

If you think receiving 20 emails in 20 days is too much, tune out and let the insiders continue to rule your life and your business without your input. But if you are willing to take just one minute per day, Marisa will show you that you do not have to settle for the empty rhetoric of do-nothing insiders and for the status quo.

DeFranco Delivers Idea #3: Provide Access to Capital for Small Businesses by Ending Welfare for Big Banks

Congress bailed out the banks with no strings attached. Financial institutions are getting our money for next to nothing–Tim Geithner, then United States Secretary of the Treasury, gave away $30 billion to Goldman Sachs at .01% interest.  Everyday Americans cannot get a comparably cut-rate loan, so why are big financial institutions rewarded for financial corruption?

Any person in the real world would see that this set up is unfair, illogical, bad for the American people, for the economy, and for small business. Why hasn’t the 17-year incumbent done something about it?

Marisa said: “Stop bailing out reckless banks with taxpayer money, and when banks receive a loan, Congress must place terms on any money the government gives to them. Let’s require these banks to make low-interest loans with 20-30% of the funds going to small business, so these small businesses can have access to the capital they need to create new jobs. Cap the interest rate at 4%. If big banks cry that lending to small business is too risky, then guess what? They don’t have to take our generous government loan. I’m sure small and community banks would be happy to partner with Main Street businesses in their communities.”

Marisa’s third idea is a solution that is not only fair but will also have a tremendously positive impact on jobs and our economy by unlocking the potential of small business and Main Street.

DeFranco Delivers Idea #3: Provide Access to Capital for Small Businesses by Ending Welfare for Big Banks



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