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CNBC: ASBL President Lloyd Chapman Spars with U.S. Chamber of Commerce

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Uploaded by on Jun 12, 2009

ASBL President Lloyd Chapman debates the U.S. Chamber of Commerce on small business stimulus spending while on CNBC's Street Signs. "Saying the U.S. Chamber of Commerce represents small businesses is like saying McDonald's represents Cows," Chapman said.

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  • Half the banks are broke and the other half are cherry-picking. There is almost no capital available to small companies and the talf-funded banks are doing nothing. The only way out of this is for direct lending by the government. The SBA knows how to do this. It has been doing disaster loans for years.

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