Bad News For The Bailout - Forbes.com
Bad News For The Bailout - Forbes.com
Where did that $700 billion bailout number come from? "'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.'" Via Andrew Malcolm at the LA Times, who comments:
"They made it up to be sufficiently ginormous to frighten everyone into rapid action.
"And it worked."
(Via Michelle Malkin.)
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