The following clip ran recently ran on CNN regarding the presidential elections and the diversion of federal small business contracts to large corporations. American Small Business League President Lloyd Chapman is featured on the clip specifically discussing Barack Obama's refusal to acknowledge more than 15 federal investigations, which have found fraud, abuse, loopholes and a lack of oversight in federal small business contracting programs. All of which have led to the diversion of billions of dollars in federal small business contracting opportunities to Fortune 500 corporations, their subsidiaries and other clearly large firms in the United States and Europe.
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