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Obama Wants to Close the SBA to Cover Up Fraud, Not Save Money

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Could it be that President Obama intends to try and close the only agency in Washington that assists the nation's 28 million small businesses? The corporate giants that have so much power in Washington have been pushing to close the SBA since Ronald Reagan was president. The reason they want the agency closed is pure and simple, greed. By combining the SBA with the Department of Commerce the 23 percent small business-contracting program will be slowly dismantled. Eventually, 100 percent of all federal contracts will go to the corporate giants that rule the roost in Washington and the Department of Commerce.

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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)