Treasury Secretary Henry Paulson, in the most explicit sign yet that Treasury was abandoning its initial plan for the rescue funds, said on Wednesday he preferred a second round of capital injections into financial companies to help them weather the worst market crisis in 80 years. "Our assessment at this time is that this (the purchase of toxic assets) is not the most effective way to use funds," Paulson told a news conference.
Its time for him to go. We need to invest in homes not financial instruments gone bad and or failing financial securities [he missed the boat on the most important one]. We need to rebuild our home infrastructure and put people back to work in doing so.
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