Feds Redirect Billions Intended for Small Businesses to Corporate Cronies
- Posted on July 12, 2011 at 7:30pm by
Becket Adams
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The federal government has been hard at work ensuring that the “little guy” is getting his “fair share.”
According the American Small Business League:
” . . . 61 of the top 100 businesses that received small business contracts during fiscal year 2010 were actually large firms.”
Really? That doesn’t make any sense. According to the U.S. Census Bureau, small businesses create 90 percent of all net new jobs.
Furthermore, data from the U.S. Bureau of Labor Statistics indicates that 98 percent of all American businesses have less than 100 employees. The U.S. Census Bureau also reports small businesses are responsible for more than 50 percent of GDP, 50.2 percent of private sector employment, 90 percent of exports and 90 percent of innovations.
So it would make perfect sense that the government divert contracts that would benefit these small businesses to companies like Raytheon, Lockheed Martin, AT&T, and General Electric. Right?
But wait! There’s more!
Contracts have also been awarded to foreign companies including British Aerospace (BAE), Rolls-Royce and Thales.
Foreign companies?
Not only is this a blatant disregard for the well-being of the U.S. economy, but it is also in direct violation of the congressionally mandated goal of awarding 23 percent of the total value of all contract dollars to small businesses. Because of the diversion of billions of dollars in small business contracts to large firms, the Small Business League estimates that legitimate small businesses actually received about five percent of federal contract dollars.
But after seeing “kinetic action” in Libya, should it come as a surprise to anyone that this administration disregards congress?
Granted, the practice of falsely awarding contracts did not start during the Obama administration. According to The Wall Street Journal, “Since 2003, a series of federal investigations have uncovered billions of dollars a year in federal contracts intended for small businesses actually going to large businesses.”
But since then, congress has taken steps to guard against this sort of behavior. Furthermore, in 2008 the president himself promised to end this bureaucratic dishonesty when he said, “It is time to end the diversion of small business contracts to corporate giants.”
One would like to think that the American Small Business League’s recent statement comes as a complete shock.
But what do you expect from an administration that promises “[free] care for the sick and good jobs to the jobless,” receding oceans, a healing planet, an end to “a war,” a secured nation, a restored image as “the last, best hope on earth,” and that we would come together to remake “this great nation so that it may always reflect our very best selves and our highest ideals.”
So far they’re batting about .98
Good job, sluggers.
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Comments (107)
psst
Posted on July 12, 2011 at 8:12pmAccording to the story:” . . . 61 of the top 100 businesses that received small business contracts during fiscal year 2010 were actually large firms.
Need any more facts to show we are living in “The Twilight Zone”
Report Post »We know up is now down,right is now wrong, lies are truths, now we also know big is small.
The Story continues.
But wait! There’s more!
Contracts have also been awarded to foreign companies including British Aerospace (BAE), Rolls-Royce and Thales.
Foreign companies?
Not only is this a blatant disregard for the well-being of the U.S. economy, but it is also in direct violation of the congressionally mandated goal of awarding 23 percent of the total value of all contract dollars to small businesses. Because of the diversion of billions of dollars in small business contracts to large firms, the Small Business League estimates that legitimate small businesses actually received about five percent of federal contract dollars.
–
Oh please, don’t tell me any more.I can’t take anymore.Rod Serling, what the hell have I done to you
You’re dead and gone, but still your vendetta agin me continues.
tower7femacamp
Posted on July 12, 2011 at 8:18pmof they did
Report Post »http://www.youtube.com/watch?v=SLBWIi3ykxk&feature=related
tower7femacamp
Posted on July 12, 2011 at 8:21pmof Course they did
Report Post »preparenow
Posted on July 12, 2011 at 9:20pmYou are correct PSST, but the problem truly is…..way too many really think ‘this has to be a dream’ or ‘aaww shucks someone will fix it for us’ or ‘they’re just makin‘ that up’ or best of all ‘That would never happen here’.
The worst is yet to come.
Report Post »Eliasim
Posted on July 12, 2011 at 9:38pmAh who cares. Nobody is really willing to go out on a limb for their cause, and maybe even lay their life on the line. The country is toast, because it will never recover from all this ongoing damage. And all people do is whine and complain, threatening not to vote, when it is all so far passed that you have no idea. So maybe, just find solitude in the fact that George Soros’ grandchildren will be living in a cave right next to you.
Report Post »michael48
Posted on July 12, 2011 at 9:51pmand the big Dem-com socialist, totalitarian twits will funnel the money right back to “O”Thugos campaign……it’ll take a 100 years to weed these Marxist Dem-Tards out of the rat holes and cockroach cracks….(D)=Dangerous…
Report Post »ru12
Posted on July 13, 2011 at 4:40amHere’s an idea….there are about 28 million businesses in the USA. There are 14 million unemployed, MOST of whom are young and very low income workers. Surely half of these 28 million businesses can find it in their budgets to hire one part-time, minimum wage worker. This would at least get the unemployment rate down and give the very young a way to learn the ways of the workplace and the low income worker a way back into the workforce. I also think that a payroll tax holiday for both employer and employee in the minimum wage category is long overdue, but close the loopholes please.
Report Post »So quit waiting for our government to fix things and all you business owners get out there and hire someone! These workers will spend every cent they are paid and, even better, they will feel some sense of pride for having a job. As a small business owner I have done this, but EVERYONE must do this to make it work! Then all those newly employed will be funneling money into our communities and it will snowball into a real recovery!
We have a jobless recovery because companies are asking fewer people do more work, thereby increasing their own profits.[40% more! that they are SITTING ON]. If all those ‘overworked’ employees slowed down just a bit, the companies raking in huge profits would be forced to hire more people. Efficiency is a beautiful thing, but so is seeing a healthy economy with millions of people able to pay their bills.
338lapua
Posted on July 13, 2011 at 10:19pm@RU12……
Report Post »Are you serious?
If the problem was that simple,it wouldn’t be a problem.
My guess is that you are a democrat,who believes the talking points memo saying that business owners are “hoarding” tons of cash cause we are racists who just want Obama to fail.
Spend some time connecting with business owners and ASK them why they can’t/won’t/don’t hire people. Don’t insult us with the stupid garbage the administration feeds you.
Which begs the question,Are you twelve?
welovetheUSA
Posted on July 12, 2011 at 8:12pmFrom now on ”Open Meetings”………….its our money, not theirs.
Report Post »KICKILLEGALSOUT
Posted on July 12, 2011 at 8:12pmThe Declaration of Independence says
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
We need to band together and connect and form militias and strategize, it is important that we bring in as many military people as possible that will be loyal to real American freedoms and not protect the corrupt Leftists in power
Report Post »saviorammo
Posted on July 12, 2011 at 8:17pmYep. No strategy needed. Clean house until THEY are all gone. Go get all our money back with interest.
Hang all those who stole it!
End of freak’n story!
Report Post »aro5o75
Posted on July 12, 2011 at 8:42pmWe do indeed.
Report Post »TangoMike79
Posted on July 12, 2011 at 10:20pmThis weekend I stocked up on 1000 plus rounds of: .308 cal (Armalite AR 10) .40 cal (Glock 23 Compact) and 12 ga. 00 buckshot/rifled slugs. I think I’ll be just fine and if any other honest, decent, & hard working citizens need protection, as well as the constitution, I’ll be there (I’m a proud 32 yeard old military veteran & I know a few tricks of the trade). Next on my list is acquiring some body armor; then my SHTF (s*&t hits the fan) supplies will be completed and buried somewhere.
I keep telling everybody I know that we are one severe disaster/terrorist attack away from total economic collapse. Hopefully I won’t EVER have to use that stock pile but as the Scout motto says: “Be Prepared” (I‘m also proud to say I’m Eagle Scout).
I sincerely hope I am just being paranoid but if I need, I’ll join a militia with you!
Report Post »Johnny1943
Posted on July 12, 2011 at 8:08pmAnother fine example of “the most transparent administration in history” promised by our Lier-in-Chief, Barry Soetoro. The useful idiots who elected this man-boy, who lies every time he opens his mouth, are getting what most of us expected prior to the election. Maybe, hopefully they will help correct their sad mistake next year. We can only pray!!!
Report Post »dmerwin
Posted on July 12, 2011 at 8:08pmMeet the new boss …
Report Post »tom
Posted on July 12, 2011 at 8:04pmFinancially raping of America and its morals, is all part of the dictators plan. It has now gotten so bad Americans are complacent to just about anything or refuse to believe it. And that will be our demise! God can only help America now!
Report Post »notmeatglennbeckdotcom
Posted on July 12, 2011 at 8:02pmDoes this shock anyone? When the president chose to go against the intent of the Bailout and pick winners and losers, we knew this was the tip of the transparency iceberg. Where is Darrell Issa? All I heard about pre-2010 was how he was going to open a proctology clinic on all of the Administration’s abuses. I have barely heard a word. Clock is ticking.
He can start by opening a can of whoopa$$ over the gun running in Mexico that lead to today’s unchallenged abuse of the Second Amendment.
Report Post »jb.kibs
Posted on July 12, 2011 at 8:00pmend the federal reserve now.
Report Post »FANGS
Posted on July 12, 2011 at 7:59pmBlack unemployment hits 40%. High school grads hits 70% unemployment. Mexican unemployment hits 56%. College grads hits 70 %unemployment. Exactally what we’ve been telling our laid off employees. We havn’t gotten jack. All of the money in the stimulous was given to Govt teachers, workers the unions, Wallstreet scams , General motors, GE, and bankrupt banks. The rest of the Country got nothing. Are You ready to Riot yet?
Report Post »jb.kibs
Posted on July 12, 2011 at 8:02pm| | this close…
Report Post »ConsiderThis
Posted on July 12, 2011 at 8:08pmI’m beginning to understand exactly what, “Yes We Can”, means.
Report Post »mbguy02
Posted on July 13, 2011 at 1:32amDon’t forget that almost 50% of the Stimulus went to Forgien entites or is unaccounted for..Thank’s Fed. Investigations are stimied at every turn. Just a few brave whistle blowers can lead the way to resovling a lot of our worries. Clean house fill the jails.
Report Post »jrfox
Posted on July 14, 2011 at 5:47pmHe told us this. ” words, they’re just words”.
Report Post »did he promise to post all bills on line for a time before he signed them?? Have you seen any?
NO, ‘words, just words” No meaning to them, as also from every lier.
bailey08
Posted on July 12, 2011 at 7:58pmI actually read about this over a year ago on a liberal website, of all places.
Comments were brutal, furious at the Obama Adminstration for being corporate sellouts.
But guess what—many said they would hold their noses and still vote for him.
When you have no principles and your fearless leader has no principles that’s what you do.
I tell you the truth–if my favorite politician, Sarah Palin, lied as much as Obama and did the underhanded, corrupt things like him I would NEVER vote for her.
Report Post »Exrepublisheep
Posted on July 12, 2011 at 10:13pmYou’d vote for the lesser of 2 evils, like we all do.
Report Post »Countrygirl1362
Posted on July 12, 2011 at 7:53pmNo surprise on that. Since when has the government done what it should do.
Report Post »skippy6
Posted on July 12, 2011 at 7:52pmIs that Obama money, from his stash? Can I get some…
Report Post »Melvin Spittle
Posted on July 12, 2011 at 7:49pmLosing….controlll…..pulse….blood pressure….critical….I I I can’t see!!!!…everything red……fist driving through computer monit………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….
Report Post »Lana40
Posted on July 13, 2011 at 1:04amCheer up, the mouse is still sitting on the desk as pretty as a picture. (NO……..don’t you dare throw it!!! Everyone needs a mouse!!!)
Report Post »SPOT_OF_TEA
Posted on July 12, 2011 at 7:48pmWe must demand these behind closed door meetings be made public……Boehner starts talking tough then McConnell sells the farm….nothing is real.
Report Post »CatB
Posted on July 12, 2011 at 8:07pmI agree .. Open meetings law need NOW! No more cr*p behind closed doors … transparency .. light will defeat dark …
TEA!
Report Post »mossbrain
Posted on July 12, 2011 at 7:45pmKBR, Inc., the global engineering and construction giant, won more than $16 billion in U.S. government contracts for work in Iraq and Afghanistan from 2004 to 2006—far more than any other company, according to a new analysis by the Center for Public Integrity. In fact, the total dollar value of contracts that went to KBR—which used to be known as Kellogg, Brown, and Root and until April 2007 was a subsidiary of Halliburton—was nearly nine times greater than those awarded to DynCorp International, a private security firm that is No. 2 on the Center’s list of the top 100 recipients of Iraq and Afghanistan reconstruction funds.
Report Post »cheezwhiz
Posted on July 12, 2011 at 7:54pm@ Mossbrain
Report Post »So how much money did Halliburton get in 2009 ?
in 2010 ?
Did your handlers provide you with those numbers or do they want you to be still stuck in 2007 ?
You do realize that Vietnam War is over and AlGore lost in 2000 , don’t you ?
dmerwin
Posted on July 12, 2011 at 8:07pmJust curious as to whether there are other companies that can do the same work or will do the same work?
Report Post »randy
Posted on July 12, 2011 at 7:44pmSO when are we going to do something other than sitting here whining everyday? We all just waiting for the one special day (Election Day) in 2012 and think we’re going to change anything?
Report Post »Grandmadar
Posted on July 12, 2011 at 8:03pmI sent off a letter to my Congressman this afternoon asking what he and his colleagues were doing to hold this treasonous administration accountable. Confronted him about the numerous executive orders, threatening senior citizens, trying to do away with the 2nd Amendment etc. I hope he could sense the anger that we Americans feel for what is going on!
Report Post »dmerwin
Posted on July 12, 2011 at 8:10pmL&L Randy
Report Post »Snowleopard {gallery of cat folks}
Posted on July 12, 2011 at 7:44pmAh do you not just feel the love and warmpth of the administration and big brother and big sister for the little folks of this land? Ah yes we can all just see it now….the music playing….
“Can’t you feel the love tonight…(bribes being exchanged and suitcases of cash)…as we make the deals so right….(smiles and slaps on the back of cronies)….we own the nation now….(or so they think)….then 2012 happened somehow….
Then they sing “Off to jail we go, off to jail we go….hi, ho, the merri-e-o, off to jail we go…”
Sarcasm is quite intentional….and directed fully at the administration and his cronies.
Report Post »USMarine0311
Posted on July 12, 2011 at 7:43pmWho is suprised by this revolation? It is well known by those who have a lick of sence that the democrats always project what they do to the republican party,IE blame them for siding with big business when they are actually the ones that do most of these deal. Just like the fact when I hear someone mention a negitive condemnation of a black person it is typically a democrat but yet rebulicans get the blame. How the black population vote for the democrats is one thing I may never understand.
Report Post »shorthanded12
Posted on July 12, 2011 at 7:43pmAnd the lame stream media demonized Berine Madoff. Madoff looks like an ameture compared to the United States Federal Government. C R O O K S, AS BECK CALLED IT “CRIME INC”
Report Post »Steverino
Posted on July 12, 2011 at 7:45pmThis does not surprise me even a teensy – tiny little bit.
Report Post »And that is sad.
Our Founders would be outraged with what We The People, as a country, have allowed. Make NO mistake, WE have allowed it.
I am, however, encouraged by the new direction I’m seeing, courtesy in large part to grass roots movements all over this fine country. Tea Party, prepare to take a small bow…
Steve
CatB
Posted on July 12, 2011 at 7:47pmTREASONIST b tards.
Report Post »CatB
Posted on July 12, 2011 at 8:49pmTEA!
c
Report Post »Dismayed Veteran
Posted on July 13, 2011 at 2:43pmMadam, you have a republic if you can keep it.
Report Post »fertlmind
Posted on July 12, 2011 at 7:41pmBig business means BIG UNIONS
Report Post »You can bet this is all about greasing union palms and re-electing Obamma
CatB
Posted on July 12, 2011 at 8:48pmExactly . everything and I mean everything Obama and his cronies are doing is to keep power .. .can you imagine how many liberties we would loose under a “lame duck” Obama and his Executive order PEN? !!!
TEA!
Report Post »buster2
Posted on July 13, 2011 at 5:11pmyou got it. Follow the money and Obama needs bunches to get reelected. It doesn’t help that main stream media has a unholy love affair with this person. They could slobber anymore if they tried. Disgusting, what happened to true news reporters, that stated the facts and you digested the information. Now the media needs to digest, interpret and shove it down your throats.
Report Post »bullcrapbuster
Posted on July 12, 2011 at 7:39pmThe preasure is building.
Report Post »cheezwhiz
Posted on July 12, 2011 at 7:46pmIf Obama+Holder running guns for foreign terrorists and drug cartels does not get them thrown out of office, AFTER Americans get killed by these guns ,
Report Post »NOTHING WILL
fastfacts
Posted on July 12, 2011 at 8:12pmPAT CADDELL HIT IT RIGHT ON THE HEAD ABOUT OBAMA:
He said this about Obama: ‘Does This Guy Have Any Idea What He Is Doing?: http://tiny.cc/p5s7k‘
Report Post »Wishkah
Posted on July 12, 2011 at 7:39pmwhy am I not surprised? sheesh….. Makes me just want to bury my head in the sand.
Report Post »kcinco
Posted on July 12, 2011 at 7:39pmWaste and fraud is rampant in the DoD contracting business as it is in the white house. Do we even believe one word this administration says? I have come to expect lies, deceit and backstabbing from BO and his cronies. Its been one false statement after another and it will not stop unless we get this guy and his cabinet out of our government.
Report Post »NE12012
Posted on July 12, 2011 at 7:37pmHammer and Sickle ready jobs.
Report Post »banjarmon
Posted on July 12, 2011 at 7:41pmBO this has happened on your watch. I hereby call for you to step down as President of the United States, NOW!!!
Report Post »sissykatz
Posted on July 12, 2011 at 7:51pmNe12012 I agree, Somewhere other than here you can bet. I just had an Idea. I think we should all send our Representatives and Senators Sympathy Cards….. Tell them we are “Sorry” they have become as irrelevent as “We the People”. I bet they won’t appreciate it. The Muslim can start wars without them. and can now trample on our 2nd amendment rights without them, They may have better Healthcare than we do but “THEY TOO ARE NOW VERY UNIMPORTANT AND USELESS” to the Mooslem in Chief. How does it feel??????????????
Report Post »Spark
Posted on July 13, 2011 at 4:11amCute … But “shovel ready” was right … BO plans to use that shovel to bury all conservatives, our constitution and our country in his permanent red ink.
Report Post »Meyvn
Posted on July 12, 2011 at 7:36pmCrooks. Plain and simple.
Report Post »grandmaof5
Posted on July 13, 2011 at 8:21amThe Chamber of Commerce for small businesses should sue the government, if for no other reason than to shine the light more brightly on how this administration works and who it really cares about. Signs need to be put up in small business explaining why cuts have to be made or why there will be no hiring, due to the cronyism in our government. We need to shout so those who don’t know what is going on can hear.
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