Lately, Conservatives, Republicans, and even a few Democrats (Waters, Ackerman) who should know better have been screaming about Treasury's switch from buying troubled assets (TARP) to capital investment.
Now, it is true that Paulson's initial idea and plea for money was specifically to buy the toxic assets through some kind of auction. Luckily, Congress proved to be smarter. The much maligned 3-page law Paulson proposed, replaced by the equally maligned several hundred page law (loaded with all those goodies people hate) allowed for investment (which is was Europe had started to do).
So, although Paulson was all for TARP, the law specifically allowed him to use capital investment. What I found especially troubling is that some of the Representatives and Senators who are getting all hot and bothered about this "bait and switch" are on the very committees responsible for the legislation. They, supposedly, have heard both Dodd and Frank explain this situation, several times if they had not bothered to read the legislation.
One can only conclude that they are either remarkably stupid, totally disconnected from reality, or just trying to appease or stir up their constituents.