Obama's Presidential Address | Easy Loans Key to Good Economy

Easy loans grease economic engine

Obama talks "bold action and big ideas."

In his speech last night, President Barack Obama reiterated the point that access to easy loans is an important factor in getting our economy back on track.

He also emphasized that “education, health care and energy were a vital part of the long-term sustainability of the economy,” says The New York Times.

Why easy loans are important

When speaking about the banking system, Obama emphasized that he wasn’t out to give handouts to failing organizations.

"It's not about helping banks, it's about helping people," he said.

The banking system must be stabilized, he said, so that credit will start working normally again. If Americans can get easy loans, they’ll be able to buy cars and houses again, and the economy will grow again.

Restoring confidence

Obama’s tone was optimistic and encouraging throughout his speech. He spoke about the United States as a nation that does not quit. He said we must seize “opportunity from ordeal.”
He told stories about a bank executive who split his $60 million retirement bonus with all of his employees. He hailed the man as a great example. He assured listeners that the days of executives padding their paychecks with taxpayer money are over.

Not nonpartisan

News organizations are pointing out many of his ideas go directly against Republican ideals. He is proposing raising taxes on the wealthy, revamping health care and reversing climate change. ... click here to read the rest of the article titled "Obama's Presidential Address | Easy Loans Key to Good Economy"