By U.S. Sen. LAMAR ALEXANDER, R-Tenn, The Tennessean, September 27, 2008
Before Monday Congress should enact a significantly amended (to protect thetaxpayer) version of the "Paulson Plan" to permit the Secretary of the Treasury to buy and then sell troubled mortgage-related assets. This is necessary to unfreeze credit and make sure that Americans can secure car, auto, mortgage and student loans and cash their paychecks. .... Read more
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This is an excellent article by Tennessee's Senior Senator Lamar Alexander. He answers in simple terms: "What's the problem?", "What's causing the credit freeze?", "How will the Paulson Plan help?", and "How can taxpayer be protected?"
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