Remember Bill Clinton lying under oath about his relations with Monica Lewinsky?

Videos from yesterdays protest on K Street in Washington DC.

The people have the power to transform the economy so it is OUR economy. The Congress will not do it for us. The big banks and Wall Street oligarchs have too much power over elected officials. The people need to get organized and demand an economy that works for us. We have the power to stop the looting, end the wealth divide, ensure economic justice and democratize the economy. We need to use our popwer in an organized, persistent and uncompromising way.

In the USA:

Why Small Business Loans Are Important

The economy has lost 8.4 million jobs since the start of the recession. Small businesses employ the majority of the American workforce, although the largest single employer is still the federal government.

When the economy starts to recover small businesses rely on loans to bring up their inventory levels. Large banks and smaller institutions have been reluctant to introduce new loans after the failure of a large number banking institutions.

Small banks do not have the resources to start lending again, and the number of new loans have gone down since the start of the recession.

Banks that received funds from the Troubled Asset Relief program. The larger banks that were branded as too big to fail have also reduced the number of new loans they make to small businesses. They have reinvested the funds in lower-return, lower-risk treasury bonds instead.

And elsewhere …

A big party for bankers is happening right now in DC. About 4,000 will convene. Their president has also received the Center for Media and D’s Golden Throne Award! He wears it well — they have been working on a grassroots campaign to blunt our “populist outrage” and water down reforms that they “support”. Please read — some good DIRT.

This is an important week to focus on Bernanke’s reconfirmation. He runs the central bank, which up to now acts like a feeding trough for the big banks. With Bernanke gone, we can develop momentum to democratize the fed in order to make the central bank work for the public’s interest and JOBS!

For the Democrats in Congress, winning in November isn’t rocket science; it’s about having the will to pursue survival ruthlessly. The key to winning is giving the American people what they’ll like, and not allowing any of the normal Washington obstacles to stand in the way. But, for Dems to act that way depends on them changing both their beliefs and their behavior. Let’s start with the beliefs.

The first belief that has to change is the idea that deficits are a problem for the Federal Government, that Democrats have to minimize to show that they are responsible. This is a myth, a lie, a scare, or a fraud. Deficits are only a problem when inflation begins to appear. If there is no inflation, Democrats should not even give lip service to the idea that deficits are important.

Dodd caught dancing with the big banks, video and petition asking Dodd to stop dancing with them on his taxpayer salary.

A Financial Transactions Tax could be a great way to become more financially stable before the government falls further into debt.

These images speak for themselves. By overlaying when one of FDR’s signature laws was repealed by Citigroup lobbying and Clinton on top growth in banks, lobbying, etc., you can see how big banks have been allowed to get. Lobbying in the years leading up to 1999 for the repeal of the Glass-Steagall Act of 1933 (the Gramm-Leach-Bliley Act repealed G-S), which sought to protect people’s commercial deposits from being fodder for risky investments, was successful at helping to create new kinds of mergers and new kinds of bigness in the markets.