of over i'll say right around a trillion dollars and i think president obama is going to close the s.b.a. to try to cover well as you just mentioned he's yet appointed a replacement for karen mills who resigned over ten months ago i mean it's really amazing how reluctant they are to every place that's really important position let's talk about what they're alleging is happening here they're saying it's because of anomalies and human error that. all these contracts are going to fortune five hundred companies you allege that that's not the case you're saying this is deliberate what's the motive what's the reason to give these contracts a giant corporations. well you know basically i think the government is corrupt i think what's happening at the s.b.a. a systematic what's happening in every agency but. it's about a group of these large corporations want that money we're talking about you know two hundred fifty billion dollars a year they want the money so they've lobbied congress and work with federal agencies to get policies you know to divert the money to them. but it is kind of interest

lawyer well that's that's ridiculous at the same time he's proposed to close the s.b.a. to save three hundred million he's going to spend seven billion dollars to build power plants in africa and literally trillions of dollars are unaccounted for at the pentagon and the federal reserve so it's a ludicrous to close the only agency in america to help the twenty eight million small businesses that create over ninety percent of net new jobs for three hundred million dollars so when you look at professor teachers' opinion when you look at the investigations for b.s.p. the inspector general that obama appointed and all the other investigation that have been done by federal agencies about the media. clearly there's rampant fraud and abuse of the small business i've been cheated out of over i'll say right around a trillion dollars and i think president obama is going to close the s.b.a. to try to cover but as you just mentioned he's yet appointed a replacement for karen mills who resigned over ten months ago i mean it's really amazing how reluctant they are to have replaced this

and since fema grants s.b.a. loans and disaster assistance are reserved for unmet needs, more uninsured homeowners mean more disaster assistance payoffs. we should be incentivizing people to purchase insurance so they have skin in the game and they will be motivated to take proactive mitigation measures, not pricing them out of insurance so they're forced to rely on taxpayer-funded disaster assistance. now there is no question that we need to reform the national flood insurance program in order to put it on the long-term path afford solvency and sustainability. unfortunately, biggert-waters forces changes that are far too fast. it increases rates far too dramatically even mor morpheme - even before fema knows the impact. wreer making dramatic changes in policy which could impact more thank 5.5 million policyholders, have written l effects throughout the house -- ripple effects throughout the economy before we know the extent of these changes or their impact. i have heard from countless new jerseyans, many coming