Roger W. Ferguson For Treasury Secretary

Many Americans have lost confidence in our government and the actions of Treasury Secretary Henry Paulsen are a key reason why. Paulsen does not understand the system of relationships between financial institutions, companies, and their employees who are losing jobs. So he does not know where to apply the bailout money.

Many Americans have lost confidence in our government and the actions of Treasury Secretary Henry Paulsen are a key reason why. Paulsen does not understand the system of relationships between financial institutions, companies, and their employees.

The person I recommend to replace him and to serve President Obama, is Roger W. Ferguson. Dr. Ferguson was Vice Chairman of the Board of Governors of the Federal Reserve System. During 9-11 it was he who steered the World's financial system out o collapse by working with the G-7. Ferguson was at one point mentioned to be the President of Harvard University. Currently, he is CEO of TIAA / Cref and on President-Elect Obama's Transition Team.

Obama's letter to Fed Chrmn Bernanke about the sub-prime lending crisis

On Thursday, March 22nd, U.S. Senator Barack Obama's campaign released his letter to Federal Reserve Chairman Bernanke and Treasury Secretary Paulson urging them to immediately convene a homeownership preservation summit with key stakeholders to fight foreclosures driven by growth in the subprime mortgage market.

It was overshadowed in the mainstream media by continuing dissection of the Phildelphia speech on values and race from Monday, and in the blogosphere by Hillary Clinton's Bosnia hyperbole,

...or did she simply mis-speak? Well, it got everybody to stop talking about her tax returns. But while Senator Clinton wrestles with what may be a career-limiting memory lapse, it's worth noting that Obama hasn't lost sight of the impact this is having all across the U.S. despite the time-consuming nature of campaigning.

DIGG it!