The economy has not recovered yet despite of the $700 billion bailout last year by the Bush administration. The President-elect Barack Obama will inherit this mess and his aides are lobbying to release the second half of the Treasury’s $700 billion.
I believe that this will now be easy to do for the Senate is controlled by the Democrats. They can ask for a formal request for the $350 billion to be made by President Bush.
Is this bailout really going to alleviate the problem of our economy or it is just a temporary patch of the hole of the bigger problem beyond the financial experts?
