The View From Citi Smith Barney

John Manley of Citi Smith Barney thinks the rescue plan just signed into law will help the U.S. economy.We don't want to repeat the mistakes of the late 1920s and 1930s.We need government intervention.Although the employment number means the economy is weaker than we thought,the system is still basically sound,Mr.Manley feels.The government is doing the right things.We're digging our way out of a crisis,Mr.Manley said.Citi Smith Barney likes Johnson and Johnson(JNJ).It's a very high quality investment,in their opinion,for the long term.They also like Kimberly- Clark(KMB),which is very,very sensitive to commodity prices-meaning they are benefiting now from their recent decline.ConAgra Foods(CAG) is very well-run,with very stable growth.It is perfectly positioned for the times we are in,according to Citi Smith Barney.