The Way Out - Unfreezing Credit
Obama’s treasury department has introduced a comprehensive plan to begin to stabilize our financial system. When credit starts flowing again to consumers and small businesses, and accountability is brought to this effort are the measures of success.
The plan is a complete overhaul of the Bush Administration’s use of the Bank bailout funds by focusing specifically on accountability and transparency. It dedicates overdue resources to help homeowners, reduce the foreclosure rate and address the problems in the real estate industry -- where this crisis began.
Congress is working with President Obama to address this issue in a timely manner.
Read more about President Obama's plan for Financial Stability.
Posted by Peake, Amy at 09:46PM | | Comments ()
