Another Groundhog Day w/Geithner and Bernanke

Among other matters, Wednesday's news cycle will be focused upon one of the ongoing themes of our economy's even deeper nosedive into the Depression abyss: the reality that the banking/lending industry just is not cooperating with our government's stated goal to inject credit liquidity back into the small business and consumer marketplace.  So, what's their solution:  up to another trillion dollars and elimination of many of those new regulations we've been hearing so much about! But, somewhere along the way, they forgot to work out a few of the other minor details.

Yet once again in this regard, in tomorrow's press, we have the following story: "Government Announces $200 Billion Lending Program," which, in turn, provides us with a link onto
the front page of Wednesday's WaPo, and this lead article: "As Markets Sink, U.S. Tries to Halt Cycle of Fear."

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"...To borrow and to borrow and to borrow..."

"To-morrow and to-morrow, and to-morrow..."


"Tomorrow and tomorrow and tomorrow" is the beginning of the third sentence of one of the most famous soliloquies in Shakespeare's tragedy Macbeth. It is the response of the protagonist, Macbeth, to the news of his wife's death. The speech can be divided into two parts, with the line "Tomorrow and tomorrow and tomorrow" marking the beginning of the second part. The full soliloquy reads:

"She should have died hereafter;
There would have been a time for such a word.
To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury
Signifying nothing." -- Macbeth (Act 5, Scene 5, lines 17-28)

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Hillary Favored by Small Business Leaders

According to Bloomberg News, Hillary Clinton is the favorite among small business leaders who normally lean Republican.  This resonates with me as an MBA and a small business owner(actually, it's my husband's business, which I am in the process of stepping away from, but I helped him develop it, and plan to open my own business in the near future).  Hillary has crafted plans that work for small business, particularly her health plan, which allows business owners access to affordable health care for themselves and their employees, while also exempting the truly small business from financing health care for their employees.  The study also finds a majority of small business owners are in support of regulated health care.

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Why Small Business Needs Kucinich

In an age of corporate consolidation and dispropotionate power, Dennis Kucinich is the candidate most willing to face the problems threatenting the American dream head on by leveling the economy and supporting growth and stabalization in the small business sector. As Kucinich notes:

The challenge before us today is whether we can maintain a government of the people, by the people and for the people, or whether we will timidly accept the economic, social, and political consequences of a government of the corporations, by the corporations, and for the corporations.

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How Edwards Can Win Over Small Business Owners

(I originally posted this at Daily Kos earlier in the week, and got a decent response. I'm interested to see if it generates any thoughts here. Thanks!)

John Edwards is pretty good when it comes to the credit card industry. To be sure, he has made an issue out of it, while I can't find much anything about the issue on either Hillary Clinton's or Barack Obama's websites. I'll give credit where it's due: He's willing to take on issues that matter to real Americans.

But then the flip-side of that is that I'm addressing this diary to him, and not to the others. They should listen too. But I think Edwards is the only one who might, and maybe is the one who can make the best political use as well.

More below the jump.

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Diaries

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