Let us compare what the city of Salem, MA requires from a small business so that we may secure a 5-15k loan:
But First, the TARP for banks that screwed us all, the taxpayers that have no recourse and no veto over how our economy isrun and who gives our tax dollars away. We are all truly, “the forgotten man“, (I love you Amity Shlaes).
Amount of TARP = 700++ bllion
References for receiving TARP funds = must have been criminally negligent in the misuse and abuse of all banking regs and SEC standards.
Application Process for TARP = None, the Fed will come and deliver the money, and you can use the money to pay the executives that were patently culpable for the troubles, violations, and evil.
click through for the actual program docs – they are quite thorough. (more…)