11 Shocking Things The Richest Americans Could Do For The Country (But Never Would)

[adieu]

17. Approach a local Chamber of Commerce

not the national CoC; they're a bunch of greedy pricks.

Set up a $50,000,000 fund for small-business loans. Do what banks do, but using one's own money, instead of the depositors' money. Small businesses request the funds for specific items, like capital to pay for producing widget X that already have a purchase order.

The problem now is that banks aren't doing the job of being banks. They're not loaning out money. They're just sitting on their money. They're not loaning out money even if you can show you have a purchase order once the products are made.

That is, you say, "I need $500,000 to ramp up production of X. Company Y will pay me $1,000,000 for X. They will pay once they get ahold of X. Can you lend me the $500,000 for 90 days?"

Banks are just saying, "No." And that's why we have low manufacturing and low production here in the US.

If these rich folks were to say yes in lieu of the tight-fisted banks, they'll get richer and we'll all get richer.