Contain the economic impact of the credit crunch

Enacting the emergency legislation will help to contain the economic impact fo the credit crunch.

RELATED ARTICLESExplain
The Global Financial Crisis
How should the US and other governments respond?
Measures to alleviate the immediate symptoms?
The Emergency Economic Stabilization Act 2008
Contain the economic impact of the credit crunch
Whole financial system in danger of collapse without intervention
Treasury Secretary has capital injection for stock option
Relieve the immediate credit crunch
Abandoning free market principles
Compounds $53 trillion US deficit
Doesn't punish bankers for mistakes
Insufficient information available to make sound policy decision
Involved extra $100bn of irrelevant sweetners
Moral hazard
Printing more money just devalues the USD more
Transfers a mass of toxic assets from banks to the government
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