HIP HOP CULTURE SHOCK SHOP

If you’re a small business in trouble and you have hopes of receiving some type of government aid via TARP funds, I would be cautious about managing your expectations and looking to other sources or your own ingenuity to battle your way out of the economic crisis.

While reports have come out that the Obama administration is looking to encourage small business lending by smaller banks through using some of the TARP money available for investment, you read through them and wonder why even bother bringing it up at all, as there seems to be so many caveats to it that there is little hope of true main street small businesses will be the beneficiaries of it.

For example, the definition of one unnamed senior administration official of small business is those with assets of $1 billion or less. Small business is now defined as up to $1 billion in assets. Guess who’s going to be the priority businesses receiving that money if it is indeed offered? Not main street businesses, that’s a given.     SUCKERS!!!!!

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