Remaining Calm During a Crisis

An article in today's Washington Post relayed a message from President Bush urging Americans to remain calm during this economic crisis. The article, titled "President Bush Says Markets Must Remain Calm Despite Challenges" and written by Dan Eggen, outlined aggressive steps being taken by Bush and congress to halt Walstreet's downfall and raise Americans' confidence. These measures include mortgage assistance programs for distressed homeowners and a recent increase in the federal deposit insurance. Bush also told reporters that he plans to meet with the heads of seven industrialized nations in an attempt to stabilize all markets. "Through these efforts, the world is sending an unmistakable signal: We're in this together, and we'll come through this together." This marks the 20th time this month that Bush has asked for patience from Americans.