Obama Transition

Time: Reports on the Obama Transition and how fast his Agenda will be acted on in 2009. If Obama is smart is will take the Reagan Model, the sole issue should be the economy, if that goes down the toilet the USA voter will not care about his other promises. Thus on Day One he needs to make sure that a recession does not come a Depression. Thus as Obama is a Liberal he will give money to the Car Industry, the question the voter will ask is will there be strings to the money. Also who else will come out of the woodwork to ask for money, as the Treasury Secretary stated yesterday, the plan approved by Congress for the US Government to buy bad mortgages has been thrown out of the window, now the Treasury is following the UK model and funding money in to the banks by buying preferred shares in these companies. The problem that Obama will face is that sooner or later he will have to say NO to a major industry. All this Yes We Can will go through the window, it will be then that we will see if Obama is really another Ronald Reagan or Jimmy Carter. Reagan had a major recession in the early 80s, had low approval ratings but still won a second term and was a beloved President of the United States.