Small Business Lawmaker Stumps for Obama

House Small Business Committee Chairwoman Nydia Velazquez spoke to the Democratic National Convention Tuesday night, touting the advantages of a president Barack Obama and saying the business world is powered by creative thinking and the ingenuity of the nation's entrepreneurs.

"We've come a long way, but under President Obama, we can achieve new heights," said Velazquez, a Democrat who initially had thrown her support behind fellow New Yorker Hillary Clinton in her bid for the Democratic presidential nomination. "We can begin by overturning years of damage from the Bush Administration, which still refuses to implement laws that give women access to the federal marketplace -- costing billions in lost opportunities."

Velazquez criticized Republican presidential candidate John McCain, saying he "will only bring more of the same," and adding that "he's opposed opportunities for women in the workforce."

She slammed him for pledging to continue President Bush's tax cuts that she said "favored Fortune 500 companies over entrepreneurs," while lauding Obama for his tax and health plans. She claimed Obama will "break the cycle of Republican cronyism that has American business in a chokehold."

Velazquez wrapped up her speech with a vision of a better future: "From the single mom in rural Appalachia who wants to move from welfare to business ownership, to the Latino in the barrio who is making minimum wage but wants to be an entrepreneur, to the African American business owner here in Denver, who can barely make ends meet. For those people out there tonight, a revitalized economy under President Barack Obama will lead to a brighter future."

By Sharon McLoone |  August 27, 2008; 9:31 AM ET Election 2008
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