I am not convinced that unsecured business loans are the answer to the acceleration of our economic recovery. What if they get out of hand in a way similar to the cavalier way home loans were given out? It could possibly lead to a deepening of the recession, if not a depression. I am not saying they wouldn't be very helpful to the deserving businesses. I am simply saying that caution is advised. If they are going to help, they must be much better administrated than the home loans were. Properly handled, they can be extremely constructive and create millions of jobs. I say we try them, but we watch them very, very carefully. May a word to the wise be sufficient.

Posted by Best Known As Logan's Mom at 8:55 am