Sunday, March 18, 2012

Obama shuts down Nixon’s Minority Business Development Agency

Just when Mayor Emanuel tells us 26th street second only to the Mag Mile in generating Sales Tax Revenue for Chicago, the Prez decides to shut down the Minority Business Development Agencies regional offices,

The Office of Minority Business Development‘s mission is to promote competitiveness and provide access to capital and contracts to minority businesses.  In 1969 Richard Nixon established the Office of Minority Business Enterprise by executive order.  During the Carter Administration the name was changed to the Office of Minority Business Development.

Present at the meeting with Commerce officials were Congressional Hispanic Caucus Chair Charlie Gonzalez (D-TX), Congressional Asian Pacific American Caucus Chair Judy Chu (D-CA) and Reps. Grace Napolitano (D-CA), Judy Chu (D-CA), Mike Honda (D-CA), Yvette Clarke (D-NY), Bobby Scott (D-VA), G.K. Butterfield (D-NC) and Bobby Rush (D-IL) among others.

Several members were unhappy with the decision.

“It sends the wrong message to entrepreneurs and businesses in our community at this time when we need to have an expansion,” Rep. Bobby Rush (D-IL) said.  Rush offered legislation to increase funding to the Minority Business Development Agency.

“This is message administrating, message management and message politics. It doesn’t have anything to do with the bottom line. The best message is one of expansion of the MBDA so it can do its work and meet its mission on the ground level and on the local level on the front line,” Rush added.  Rush added that he has had a great working relationship with the regional office in Chicago.

It really is a War on Kulaks and it doesn’t matter if their Hispanics or Blacks or Asians.  It’s the business part that sticks in this Administrations craw.  Business has gotta go.

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