That figure was pulled out of someone’s ass.
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."
Excellent work, America. Yeah, this is only the future of your entire financial system. Let’s not be bothered to, you know, actually GET IT RIGHT.
The arrogance is a bucket of cold water over the soul. This is monstrous hubris. It goes well beyond human error, to indictable, hang-the-bastards-from-a-tree territory. And when we're done ripping their heads off and shitting down their necks, hunting down their children, wives, cousins and aunts and sterilising them for the greater good of the gene pool, there will, finally, be a special circle of hell reserved for these unforgivably stupid, arrogant, asshats.
And, as a serious candidate for the second most powerful elected position in the country, we present Sarah “I can see Russia from here!” Palin. If McCain falls over, as could well happen given he’s the oldest bastard ever to run for President, then she’s in charge. And listen to what she has to say about the bailout plan: it’s about… what?
COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families who are struggling with health care, housing, gas and groceries? Allow them to spend more, and put more money into the economy, instead of helping these big financial institutions that played a role in creating this mess?
PALIN: That’s why I say I, like every American I’m speaking with, were ill about this position that we have been put in. Where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up our economy. Um, helping, oh, it’s got to be about job creation, too. Shoring up our economy, and getting it back on the right track. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions, and tax relief for Americans, and trade — we have got to see trade as opportunity, not as, uh, competitive, um, scary thing, but one in five jobs created in the trade sector today. We’ve got to look at that as more opportunity. All of those things under the umbrella of job creation.
If anyone can tell me what the fuck she is even talking about, then I will give them my left nut.
Christ on a crutch.
Posts
