The Solution to the Economic Crisis is Available and it Does not Involve Bailing Out Wall Street

As one watches or listens to the media, they findmy earlier articles, the investment of the future is
themselves inundated with information regardingin new businesses that have not had the chance
problems in the economy. Further, most peopleto enjoy Wall Street inflated stock values.
are aware we must find real solutions to correctExample would be new start-up businesses
the catastrophic condition of the financial system.designed to endure tough economic times.
Yet, as we all can attest, it is easier to identifyAdditionally, there are many strong industries. For
problems than solutions. Therefore, ourexample, clean energy, service businesses, new
government and its citizens must identify atechnologies and so forth.
clear-cut plan of action to solve the economicSo is there a chance that investors may move
crisis. Moreover, the plan must have viability, and,funds from Wall Street to Main Street and what
be free of defective assumptions' and ineffectiveimpact can such transition of capital have on the
practices.economy?
The foremost realization people must embrace isWell, shifting investors' focus to Main Street
the actual problem behind our current catastrophe.requires a bit of promotion and incentive for
Many clamor that the problem is the lost value ininvestors to gravitate to small business. The idea
the capital markets. The devaluation of theis to create new high quality business infusions in
market is really not the problem; it is a symptomthe form of good debt, equity and guarantees.
of a much worse condition. However, theThis will recreate the economy rather than our
devaluation of the market is also the solutiongovernment buying up old bad debts and further
attempting to emerge. Many people may takeescalating the problem by propping up a bad
pause at such a statement. However, the marketbusiness. Beautifully, there is an infrastructure in
is just exposing its true value or lack thereof.place that was established under the 1958 Small
Therefore, the object of this article is to bringBusiness Investment Company Act. Small
into focus the obvious solution, and what's moreBusiness Investment Companies (SBICs)
the solution will be self-evidencing. The devaluationspecifically focus on attracting investors, pooling
is caused by a supply glut and investors' realizationinvestors' money and investing in small businesses.
that the prices of the stocks are indeed inflatedThe funds are partially guaranteed or financed by
and it does not pay to purchase new stocks orthe federal government. Thus, it only appears
even hold them.natural that if our government wishes to use
Much like with any product if one does not feel hisgovernment funds to correct the problems in the
or her money's worth is contained within theeconomy as it has attempted to do with the bad
given item (in this case stock), he or she will wantdebt bailout of the dilapidated mortgage industry,
to find better value. Thus, demand is lowering anda much more feasible solution is to infuse the
supply is remaining high. Really, what's happeningcapital into small main street business.This can be
to Wall Street is an economic adjustment in fullaccomplished responsibly through generating a
motion.The value of the market in actuality isdramatic increase in SBIC involvement. Perhaps
likely half of the amount of investment dollarsthe Government could infuse five hundred billion
that have been placed into the market. Moreover,into the SBIC system; this will fund five hundred
as with any company that sells a defectivethousand new businesses of which two hundred
product for more than its true worth, therefifty thousand will be a success. Of those two
comes a time when a loss of market occurs. Inhundred fifty thousand businesses, the average
the case of securities, a desire has developed tostaff will be twenty employees. This equals five
sell off current investments in the market andmillion new jobs created. Further, it is estimated
seek safer and better investments elsewhere.that there will be an equal number of jobs
Vast amounts of capital are being transferredcreated or sustained through residual products and
from the stock market to treasury notes, bonds,services purchases made by those newly
and gold as well as energy investments. However,operating businesses. The creation of ten million
the transfer of money to other areas such asnew good paying jobs will certainly be a
those mentioned above will consume only part ofspringboard to stabilize America. Finally, with
the investment dollars. At the same time, there isgovernment involvement, there can be caveats
still a hint of instability and possibly poor return insuch as high standards of employee payroll for
treasury notes, bonds, gold and energybusinesses obtaining funding through SBICs, the
investments. Therefore, it is the remaining dollarsgovernment can also give preference to particular
that we are interested in as if they are notindustries to insure the businesses receiving the
re-invested in the REAL economy, the economyfunds will be depression resistant etcetera. This
cannot revive.Decidedly, the remaining portion isplan is essential to restore the workforce,
the money investors need to utilize wisely. Thethereby providing a foundation to restart and
question is, how does one prudently invest andrebuild the economy allowing America to be
what else exists if most publicly traded stocksfinancially comfortable as this market correction
are inflated? Well, as I have mentioned in some oftakes place.