"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."
Wednesday, October 1, 2008
Bailout Part Deux:
After telling us how the economy is going to go nuclear and how we're all gonna die from it, your friendly Federal government is back in action today after taking off for the Jewish holiday of Rosh Hashanah.
Hey, what's a little impending doom when a politician can get a day off that no one else does, right?
Especially when they're helping to cause said doom.
From this source:
In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.
Isn't that just lovely?