Quick conversation with an SBA loan officer today left me with little hope that the banks are going to loosen their grip on the credit markets any time soon. I'm basically hustling and resorting to be my own banker -- i.e., borrowing money from myself and figuring out how to pay it back -- in order to keep the business going.
It's extremely frustrating that the small business owners who create the vast majority of the jobs in this country are still not a more prominent target for direct relief. We have to figure it out on our own and sacrifice enormously to keep our heads above water while big banks hold the country and its prospects for recovery hostage. This really should not stand.
I sent a letter to the Obama Administration earlier this month to inform them of my story from the front lines on "Main Street." Hopefully, someone is listening.
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