WTF..."We just picked a really big number"

[Aggie Hoopsfan]

http://www.forbes.com/home/2008/09/23/bailout-paulson-congress-biz-beltway-cx_jz_bw_0923bailout.html


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."

This is nuts.

[DarrinS]

This is nuts. They're in too much of a rush to sign this check. This is far too important an issue to be taken lightly.


A real maverick or a real person for "change" would be putting the brakes on this crazy shit. They sure as hell wouldn't call leaders of congress and say, "if I can be helpful, I'll be there".

[spurster]

Couldn't we do it for $70 billion and leverage the bailout?

[Viva Las Espuelas]

all i wanna know is if we're going to at least get a reach around from all this.


did anyone in congress say anything in regards to this asinine statement? where's that story?

[Hook Dem]

God help us if this thing passes!

[Viva Las Espuelas]

haven't found the news item, but senators on talk shows are saying this won't be the last big bailout........................................... ...........BEFORE THE ELECTION!!!!!