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Secretary Paulson – This is a Better Rescue Plan
Our federal government, through the advice of the finance ministers and central-bank presidents from the Group of Seven (G-7), which includes the United States, Canada, the United Kingdom, Germany, France, Italy and Japan, will be directly buying stock in major banks and financial institutions. A rising number of economists here in the United States have been promoting this idea over the plan to buy up bad mortgages as a way of propping up the credit industry. This plan has more common sense to it and is much more equitable for all involved.
Surviving the Recession PsychologicallyThe most important thing that you can do for yourself, is to keep informed. For your own peace of mind.