In anticipation of your upcoming Jobs Speech, I just wanted to offer you my humble advice:
Let the Too Big To Fail banks fail and nationalize them.
Right now, the banks are getting a zero to 0.25% interest rate loan from the government and loaning it back to the government at anywhere from one to FOUR PERCENT PROFIT. This, while people are losing jobs and getting kicked out of their homes. The People, the ones you're supposed to SERVE, will never ever ever be able to borrow at those rates from these very insolvent banks that are screwing us all. Why do we need these banks between us anyway? And why are We The People Whom You Are Supposed to Serve paying for their survival? It makes no sense.
Nationalize banks. And offer that zero to 0.25% interest rate to anyone in America who wants or needs to refinance their homes. Offer 2% loans to qualified individuals looking to start a new business or expand existing ones. Offer other loans to people and small businesses at zero to 3% (NO compound interests!) and watch the economy come to life. The government keeps all profits and reinvest it in our nation.
The banks failed us all. We need the government to clean up this mess, not give them money to loan it back to us! You'll save the housing market. You may open the door to the next Apple or Google and accidentally create some real jobs. But most importantly, you'll be Serving The People. The ones you were ALL elected to serve. Remember?
So?
SERVE THE PEOPLE NOT THE BANKS!
Thank you for your time.