Treasury Secretary, Henry Paulson, defends his actions regarding the $700 billion bailout of Wall Street in this video clip at the CEO Council. Paulson is pretty testy here about the idea that he has been experimenting with tax dollars, but the Believability Meter doesn't think he's sincere when he claims to have stabilized the market. Most likely, that's because Paulson has no idea if he has stabilized the market, or if the $350 billion he's already spent has just been thrown down a giant money pit. Sounds like experimentation to me. The economy will have the last word, but what do you think about Paulson's strategy?

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