Obama May Help Small Businesses

It seems as if money from the $700 billion bailout fund has gone toward everything from tattoo removal to fruit fly research, but now, President Obama and his administration may decide to lend a portion of the bailout pie to small businesses. Small businesses employ the majority of Americans, but the recession has sent many of them spiraling toward bankruptcy.
 
Nothing concrete is on the table yet, as administration officials confirmed today that any small business bailout only exists in talks for now. Officials quickly made it clear, though, that the White House is working with the Small Business Administration to …read more