Home equity money for most start-up businesses

Fed Chairman Ben Bernanke told a panel this morning that most small businesses used  money from  home equity loans to create their start-ups. Most home owners are under-water and can no longer get those loans. There's so much talk that small businesses heir the most people.

Surely Mr. Bernanke is in a position to cite the situation as being factual.  If that is indeed the case, could we change the  proverb “For want of a nail” and create a new one, “For want of home equity loans?”  We could no longer say banks are hoarding money and people are too lazy to work etc.,
       
            For Want of a Nail

For want of a nail the shoe was lost.
For want of a shoe the horse was lost.
For want of a horse the rider was lost.
For want of a rider the message was lost.
For want of a message the battle was lost.
For want of a battle the kingdom was lost.
And all for the want of a horseshoe nail.

As always,
BB