Billion in Loans Going to Small Businesses

[Timshel]

Like Dell, Lockheed Martin, Boeing and a many other billion dollar revenue companies.

That said, the ASBL has found significant discrepancies in the government's data, which are consistent with more than 15 federal investigations indicating that every year billions of dollars in federal contracts intended for small businesses actually go to some of the largest corporations in the world. Since 2003, firms like: Lockheed Martin, Boeing, Raytheon, Northrop Grumman, Dell Computer, British Aerospace (BAE), Rolls-Royce, French giant Thales, Ssangyong Corporation headquartered in South Korea and the Italian Finmeccanica SpA, have received billions of dollars in federal small business contracts.

With that in mind, small businesses have received a mere fraction of the total dollars awarded by the government, while Fortune 500 corporations are reaping the benefits of the stimulus.


Read more at: http://www.huffingtonpost.com/lloyd-chapman/corporate-giants-land-oba_b_323212.html

I doubt the right will mind the source this time.

 

[cawacko]

Had a two hour drive home last night with a married couple who have both started and currently run small businesses in San Francisco. Dude is a registered Republican gal is a registered Democrat. After listening to the two of them talk about everything they go through in the City to run their businesses it truly made me laugh at those who try and mock folk who think less red tape and government interference in business equates to wanting no government and anarchy and a 'failed philosophy'. It was brutal.