September 29, 2008
Hey, Eric... THIS ought to "increase your coinfidence in the bailout!

So, Eric... care to hazard a guess where the $700 billion figure came from?

You know... what the basis for THAT number is? What complicated formula... what research... what Nobel Economic Laureates came together and concluded, after careful consideration, analysis and research that $700 billion was what we needed?

Don't bother. There wasn't ANY of that.

In fact, THEY SNATCHED THE NUMBER OUT OF THIN AIR!

It could have been ANY number. It could have been $750... or $800. It could have been $600. It COULD have been ANYTHING.

"In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."

And YOU have confidence in THESE clowns that this massive waste of money is going to fix ANYTHING?

Posted by Hinton at September 29, 2008 10:03 AM | Email This
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