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    New Small Business Initiatives
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    Administration officials said the plan will be financed from within the government’s existing $700 billion financial bailout funds. "Small businesses have always formed the backbone of the American economy ... The problem is, our small businesses have been some of the hardest hit by this recession. There’s no question that the steps we’ve taken have improved the overall climate for small businesses across the country, but there is more we need to do." Administration officials said that they will figure out by the end of the year how much capital they will make available to smaller institutions. Full Article at The Caucus
    Small businesses have always formed the backbone of the American economy ... The problem is, our small businesses have been some of the hardest hit by this recession. There’s no question that the steps we’ve taken have improved the overall climate for small businesses across the country, but there is more we need to do.
    Michelle Obama – Michelle Obama SOURCE: The Caucus 1 month ago

Recent Photos From The Wire

  1. President and Nobel Peace Prize laureate Barack Obama is seen after entering the Nobel Peace Prize ceremony at City Hall in Oslo, Thursday, Dec. 10, 2009. Next to Obama is Nobel Committee member Kaci Kullmann Five.
  2. President and Nobel Peace Prize laureate Barack Obama is seen after entering the Nobel Peace Prize ceremony at City Hall in Oslo, Thursday, Dec. 10, 2009.
  3. Hollywood actor Johnny Depp smiles for fans at Japan premiere of his latest film "Public Enemies" in Tokyo, Japan, Thursday, Dec. 10, 2009.
  4. President and Nobel Peace Prize laureate Barack Obama enters the Nobel Peace Prize ceremony with first lady Michelle Obama at City Hall in Oslo, Thursday, Dec. 10, 2009.
  5. European milk producers stand near a sculpture of a dairy cow painted with the colours of the Netherlands flag, during a demonstration in front of the Eiffel tower in Paris December 10, 2009. The slogan reads, "The fair milk".
  6. Pope Benedict XVI and Gabon's President Ali Ben Bongo (R) talk during a meeting at his private library at the Vatican December 10, 2009.
  7. Pope Benedict XVI poses with Gabon's President Ali Ben Bongo (L) during a meeting at his private library at the Vatican December 10, 2009.
  8. Pope Benedict XVI greets Gabon's President Ali Ben Bongo (L) during a meeting at his private library at the Vatican December 10, 2009.
  9. U.S. first lady Michelle Obama (L) removes dust from her husband Nobel Peace Prize laureate U.S. President Barack Obama's suit at the Royal Castle in Oslo December 10, 2009. Obama acknowledged criticism of his Nobel Peace Prize on Thursday but said he hoped it would subside if he succeeded in his goals, including cutting nuclear weapons and tackling climate change.
  10. Qatar Sheikha Hessa bint Khalifa bin Ahmed Al-Thani (C) visits a United Nations High Commissioner for Refugees (UNHCR) center in Douma near Damascus December 10, 2009. Al-Thani is on a three-day visit to Syria.
  11. EDINBURGH, SCOTLAND - DECEMBER 10: A member of staff at the University of Edinburgh views Scotland�s oldest surviving book, a pockets size book of Psalms on December 10, 2009 in Edinburgh, Scotland. The pocket sized book dates back to the 11th century and was produced at the monastery on Iona, the book is going to be exhibited at the University of Edinburgh�s Main Library for the first time in a generation.
  12. EAST LONDON, SOUTH AFRICA - DECEMBER 10: James Anderson of England warms up with the bowlers between innings during day two of the two day warm up match between South African Airways XI and England at Buffalo Park on December 10, 2009 in East London, South Africa.
  13. EDINBURGH, SCOTLAND - DECEMBER 10: A member of staff at the University of Edinburgh views Scotland�s oldest surviving book, a pockets size book of Psalms on December 10, 2009 in Edinburgh, Scotland. The pocket sized book dates back to the 11th century and was produced at the monastery on Iona, the book is going to be exhibited at the University of Edinburgh�s Main Library for the first time in a generation.
  14. President and Nobel Peace Prize laureate Barack Obama smiles after entering the Nobel Peace Prize ceremony at City Hall in Oslo, Thursday, Dec. 10, 2009.
  15. Hollywood actor Johnny Depp pose for photographers during Japan premiere of his latest film "Public Enemies" in Tokyo, Japan, Thursday, Dec. 10, 2009.
  16. EDINBURGH, SCOTLAND - DECEMBER 10: A member of staff at the University of Edinburgh views Scotland�s oldest surviving book, a pockets size book of Psalms on December 10, 2009 in Edinburgh, Scotland. The pocket sized book dates back to the 11th century and was produced at the monastery on Iona, the book is going to be exhibited at the University of Edinburgh�s Main Library for the first time in a generation.
  17. EDINBURGH, SCOTLAND - DECEMBER 10: A member of staff at the University of Edinburgh views Scotland�s oldest surviving book, a pockets size book of Psalms on December 10, 2009 in Edinburgh, Scotland. The pocket sized book dates back to the 11th century and was produced at the monastery on Iona, the book is going to be exhibited at the University of Edinburgh�s Main Library for the first time in a generation.
  18. EDINBURGH, SCOTLAND - DECEMBER 10: A member of staff at the University of Edinburgh views Scotland�s oldest surviving book, a pockets size book of Psalms on December 10, 2009 in Edinburgh, Scotland. The pocket sized book dates back to the 11th century and was produced at the monastery on Iona, the book is going to be exhibited at the University of Edinburgh�s Main Library for the first time in a generation.