Mark to Market Torpedoes Paulson

Paulson uses Sarbanes-Oxley to grab power for Goldman-Sachs’ Wall Street at the expense of Main Street. The key is mark to market. Rising assets, marked to market, cause euphoria. Falling assets, marked to market, cause panic. Paulson uses this panic to enrich himself. Main Street voted NO. Let banks determine fair market value based on proven accounting methods.
Reinstate up-tick rules and stop hedge funds from bludgeoning stocks by false rumors. Government cannot legislate common sense or morality. These qualities spring from Main Street, not K Street in Washington.
Bush stuck with Defense Secretary Rumsfeld for too long and paid the price. He must fire Paulson and find another Petraeus. Go back to fundamentals.