These are the people running our government, folks.
From the infamous, America-hating commie rag Forbes.com —
"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.’"
Mission accomplished! That, keep in mind, is a Treasury spokeswoman. That’s not a leak, that’s not someone talking out of school, that’s an actual message to the press from a Treasury spokeswoman, speaking in full knowledge that she was talking to a national publication. If that’s their actual message they want people to know, then who knows what’s really going on with these people?
So forgive me if I don’t buy the administration’s line on the necessity of this bailout.