The sector of our economy that is treated like a step-child in comparison to Big Business is finally getting it’s just due.  Small businesses in America generate over 65% of the jobs in an economy that has recently been hit with an unemployment rate of 10%.  President Obama announced today that the bailout will be “refocused” on this segment of the U.S. economy. 

One question Mr. President?  What took you so long?  Guess Tim Geithner and Larry Summers first had to take care of their old buddies at Goldman Sachs, et. al., just like Henry Paulson and Alan Greenspan did with the Bush Administration during the global economic collapse these greedy animals created.  Meanwhile, the real heroes of the American economy who are still in business keep on shoveling coal down in the engine room, while those businesses that could not go on quietly close their doors in the vacuum of unavailable lending capital being horded by the rapacious bankers.

 Makes one wonder how many of those unemployed people Goldman Sachs is going to hire after announcing this week its record-breaking $16 Billion employee compensation package for the first nine months of 2009?   It is a safe bet that any money the Mammoth Financial Institutions are going to “put back into the economy” is going straight into the campaign coffers of the Democrats and Republicans who are currently sitting on the House and Senate sub-committees that will protect them from proposed regulatory legislation.

You can take that bet straight to the bank – just don’t deposit your winnings, because they will piss it all away.

Too bad we cannot “refocus” that money towards small businesses in America.  The impact of even that ”modest” amount of capital directed towards a few thousand struggling small business would truly have a stimulative impact on our economy, and specifically abate the rising unemployment in this country.

But, remember. 

“It’s all about Wall Street, Stupid.”