Friday, December 11, 2009

Obama looks toward main street

It seems like we have bee hearing about bailouts for wall street for the longest time. Many people have show their disapprovement at the focus on wall street and have expressed their growing interest in seeing a little help for the people working on main street. In this article the people of the United States are starting to see thier interests met. In an effort to communicate with the people Obama is looking towards a plan to allocate some of the bailout money reserved for wall street to be given to small businesses in the U.S. I think this shows a good example of how the white house is trying to communicate with its voters and to try and help with the unemployment problem that is affecting so many Americans today. They are looking to help banks borrow money without any restrictions as long as they it is used to help pay out loans to small businesses. I think this is a good way for Obama to go through with his promise to the people of the United States to help with the growing unemployment rate and takes the focus off of the large wall street companies and focuses in on the some 23 million small business that cater to employees in the U.S.

1 comment:

  1. I think this is a good idea, too! Clearly what we were doing in the past isn't working. I think this is a bright, and clever idea that many would not have thought to do. Although, this issue is not going to go away over night, I believe this is a good start to putting America back to where it should be.

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