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Bush Dismantles Economic Programs for Small Business as Economy Continues Downward Spiral

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DogPoundPup Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-08 11:37 AM
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Bush Dismantles Economic Programs for Small Business as Economy Continues Downward Spiral
Bush's anti-small business policies began during his first week as president. The first thing he did to dismantle America's small business programs was to remove the Administrator of the Small Business Administration (SBA) from the President's Cabinet. Then he began to cut the SBA's budget and staffing more than any other federal agency.
Senator McCain has never objected to any of the Bush Administration's anti-small business policies. During more than two years of campaigning, not once has Senator McCain mentioned his intention to restore America's small business programs. If Senator John McCain is elected president, he will likely finish what Bush started and completely dismantle all federal programs designed to assist American small businesses.


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Since 2003, over a dozen federal investigations have been released, which have all found rampant and government-wide fraud, abuse, loopholes and a blatant lack of proper oversight in federal small business contracting programs. Several of the investigations found that the Bush Administration has diverted billions of dollars in federal small business contracts to many of the largest corporations in the world.

Current federal law requires that a minimum of 23 percent of the total value of all federal contracts and subcontracts be awarded to small businesses. However, every year the federal government awards billions of dollars in small business contracts to some of the largest corporations in the U.S. and Europe.

Report 5-15 from the SBA Office of Inspector General states, "One of the most important challenges facing the SBA and the entire Federal Government today is that large businesses are receiving small business procurement awards and agencies are receiving credit for these awards."

Several Bush officials have privately acknowledged that at least 50 percent of all federal small business contracts or about $70 billion a year actually go to corporate giants. Based on information obtained in a series of successful Freedom of Information Act (FOIA) lawsuits filed against the Bush Administration, the American Small Business League (ASBL) estimates legitimate small businesses are being cheated out of over $100 billion each year.
http://sev.prnewswire.com/government/20081021/DC4039221102008-1.html#
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-08 11:40 AM
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1. Again - why the hell is George Bush not in jail?
How many laws does the man have to break before someone holds him accountable?

:banghead: :argh:
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Laelth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-08 08:01 PM
Response to Reply #1
6. Very good question. n/t
:mad:

-Laelth
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rgbecker Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-08 11:41 AM
Response to Original message
2. Vote Republican: Support small business. WTF?!?
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crankychatter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-08 11:45 AM
Response to Original message
3. Government bankruptcy is a Milt Friedman-esque, GOP dream
I don't think Title 9 has been enforced in a decade either.

These guys will cut every social service we have down to nothing... probably privatize the Department of Transportation before they're done, if they have their way.

Yeah, tin foil hat time, but seriously... they ARE a conspiracy theorists wet dream.
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-22-08 12:08 PM
Response to Original message
4. There's only so much room at the top
and every innovation belongs to the boys. No need for any more competition.
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mrbarber Donating Member (884 posts) Send PM | Profile | Ignore Wed Oct-22-08 12:20 PM
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5. The "man" who never worked a day in his life....
...is making the lives of those working the hardiest to achieve the American dream that much more difficult.

What a horrid waste of space that cretin is. I would spit at his name, but I wouldn't want to waste the spit.
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