Washington (AP) President Bush is trying to calm jittery investors, saying his administration is “on top of the situation” in dealing with the slumping economy.
Bush met today with treasury secretary Henry Paulson and other top economic advisers as markets around the world remain in turmoil.
The president says he and his senior aides “agree that our financial institutions are strong.” he admits, however, that “we're dealing with a difficult situation” with uncertain stock markets, oil prices at record highs and the dollar posting record
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