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"Overcriminalization" describes the trends in America - and particulary in Congress - to use the criminal law to "solve" every problem, punish every mistake (instead of making proper use of civil penalties), and coerce Americans into conforming their behavior to satisfy social engineering objectives.

S 3432: Working Capital Express Act of 2010

Official Title

A bill to establish a temporary Working Capital Express loan guarantee program for small business concerns, and for other purposes.


This bill would empower the Administrator of the Small Business Administration to guarantee up to 80 percent of the total loan amount up to a maximum of $750,000 of the loans made to small businesses that have been in business for at least 2 years before applying. Adding to the already vast body of federal false statement offenses, a “lender” that “knowingly” makes a false statement about the “income, assets, or other qualifications” of a borrower would be subject to imprisonment for up to 5 years, a fine of up to $500,000, or both.

Legislation Details

Boxer (D - CA)


05/27/2010: Referred to Senate Small Business and Entrepreneurship Committee
05/27/2010: Introduced in Senate