Friday, September 26, 2008

Crash Talk

Forbes - 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 Tuesday. "We just wanted to choose a really large number."


  1. Further evidence that the bailout is bullshit.

  2. It's not bullshit. What it probably is, if history is any sort of sounding board, is about half of what will be spent by the time this is taken off the front page.