When Big Business Squashes Small Business

The Huffington Post often offers provocative ideas. I ran across one recently about how small businesses are getting ripped off by big business the small business loan programs. This has been going on for as long as the SBA has existed. Big business has continually found ways of nosing its own way in, and pushing small business out.

The idea is not new. And the poster, Lloyd Chapman, is obviously promoting the American Small Business League. But look past the advertising, and you see facts that are hard to dispute.

It is so very tragic. Especially now, when Main Street needs help so desperately. If I have a complaint against the Obama administration (and I am very cautious criticizing this administration -- he's a sharp cookie), it is that insufficient safeguards were put in place in the bank bailout program to ensure that the money would actually reach small business, one of its original major goals.

Yes, the President is "aware of it". At least his spokespeople have said so. But I don't see the action that is really going to make a difference. I am confident that somehow we are going to turn out being a better nation because of this muddle. But it was big business that got us in this muddle. We need to turn to small business to get us out of it.