“The Small Business Administration, for example, has rejected more than 70 percent of the loan applications from storm victims, many of whom are poor credit risks. Bush, however, said the agency has been overwhelmed by the flood of loan applications.
He said the agency has provided $2.6 billion in low-interest disaster loans to nearly 40,000 homeowners, renters and small businesses.
Bush, meanwhile, has spent relatively little time meeting with the victims of the flooding and touring the devastation in New Orleans. His visits there are often confined to meetings with political and business leaders.”
http://www.washingtonpost.com/wp-dyn/content/article/2006/01/12/AR2006011201580.htmld
2007-03-02
00:07:52
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