Paulson: What Happened Was…

Economic resuscitation’s objectives? Purchase ruinous mortgages. Unfreeze consumer credit. On Wednesday, Secretary of Treasury Henry Paulson announced consumer credit is not unfrozen. Ruinous mortgages will not be purchased. The Dow Jones Industrial Average plunged 411.30 points.

Adaptability is imperative. Situations and solutions must intertwine. If Paulson has read and reacted, I will applaud him. However, I am nervous.