PETALUMA, CA-- Today the American Small Business League (ASBL) endorsed Sen. Barack Obama for President.

 

The ASBL is confident in Sen. Obama's leadership and commitment to American-owned small business. Since 2002, a series of federal investigations have found that billions of dollars in federal small business contracts have actually wound up in the hands of some of the largest corporations in the world. It is time for change and as Sen. Obama has so vehemently stated, "Yes We Can." The diversion of federal small business contracts to large corporations is a non-partisan issue that affects all Americans. Sen. Obama's record of rising above the influence of big business lobbying and his commitment to small businesses make him the best candidate to end dramatic abuses in federal small business contracting.

 

President of the ASBL Lloyd Chapman added, "I am so tired of being disappointed by our elected officials. For the first time in many years I am genuinely excited about this election. In my life, I have never been more excited about any politician than I am about Barack Obama. I believe that he holds the key to a new future for all Americans. I believe that with Sen. Obama in the White House, Americans are going to be more proud of this country than they have ever been in their lives."

 

"I am proud to have the support of the American Small Business League and their grassroots efforts to help protect American small business. Helping American small business is part of our movement for change and the end of politics as usual," Sen. Obama said. "98 percent of all American companies have fewer than 100 employees. Over half of all Americans work for a small business. Small businesses are the backbone of our nation's economy and we must protect this great resource. It is time to end the diversion of federal small business contracts to corporate giants."