Bush calls for calm amid global stock market panic (Reuters)

By Jeremy Pelofsky and Daniel Trotta 8 minutes ago WASHINGTON/NEW YORK (Reuters) - Warning that "anxiety can feed anxiety," U.S. President George W. Bush implored Americans to remain confident on Friday and promised to restore stability in the face of a global stock market panic. Bush spoke ahead of a gathering of leaders of the world's major economies in Washington where they will confront the frozen credit markets and recessionary signals underlying the worst financial crisis since the Great Depression. "This uncertainty has led to anxiety among our people. And that is understandable, that anxiety can feed anxiety, and that can make it hard to see all that is being done to solve the problem," Bush said in a televised address. "We know what the problems are. We have the tools to fix them. And we're working swiftly to do so,"... [read full story]