It's a rare bank CEO who speaks his mind about the federal government these days in the midst of a $250-billion injection of taxpayer funds into the capital-starved banking industry. Enter North Carolina's BB&T chief John Allison (he steps down as CEO at the end of this year), who had plenty to say in recent remarks made to the Winston-Salem Chamber of Commerce. Allison, whose bank so far has avoided the mortgage market pain suffered by many institutions, said initial efforts by the feds to rescue the economy were misguided and added to public anxiety, published reports say. The latest move to inject taxpayer money directly into banks was necessary given the government's poor earlier response. "It is necessary, given the unnecessary government-caused panic," said Allison, who added: "I think George Bush has been one of the worst presidents in history, but this is not his fault."