Congress to Investigate Abuse of 9/11 Loan Program

"This was a deliberate attempt to cover up White House budget gimmicks that left the SBA's largest loan program underfunded and on the brink of shutting down," Kerry said. "The administration asked SBA employees to bend the rules and steer regular loans through the program aimed at helping businesses impacted by 9/11."

This quote by John Kerry is in response to the apparent widespread misuse of the federal business loan program meant to help business effected by the terrorist attacks after 9/11.

Now before all you conservatives out there begin to scream in outrage about how Kerry lost and he needs to get over it and this is just a way to get at Bush keep in mind that Sen. Olympia Snowe, a Republican said:

"The apparent widespread abuse of loans provided through the Supplemental Terrorist Activity Relief Act is nothing short of an outrage."

It is to early for me to begin placing blame on any one person in particular but it seems that this goes pretty high up. The SBA is a very closely monitored organization and it would take the word of someone high in office to get them to "bend the rules".

This needs to be investigated to the fullest and I truly hope that whoever is responsible pays the price. This is a slap in the face to the thousands of Americans who put their trust in the Federal Government to properly allocate tax dollars to help the victims of the 9/11 attacks. To think that they were so poorly managed is a disgrace. Once again I put out my call for the Bush Admin, not just Bush his entire admin., to accept some of the blame and actually face the reality of the results of their actions instead of doing what they do best and passing the blame.