It has been a few weeks since the last post. A slow start but a good start as the economy continues to trek along, as more and more data is coming out about how "challenging" things really are with regard to getting small business lending and job growth on a re-newed course. About a week or so ago, the Obama administration announced a new initiative to use over 30 billion dollars of Troubled Asset Relief Fund (TARP) money to use for Coummunity Banks in as a guarantee to jumpstart lending for small business.
Let's track this process and see how successful this initiative will be.
Obama calls for $30 billion small business lending fund By Catherine Clifford, February 2, 2010 CNN Money
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