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View Full Version : How'd they come up with the $700 Billion figure?



GrumpyOldLady
09-30-2008, 01:28 PM
Los Angeles Times (http://latimesblogs.latimes.com/washington/2008/09/bailout-plan.html)

Where’d the $700 Billion figure come from?

Answer - "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."

http://latimesblogs.latimes.com/washington/images/2008/09/28/treasurydept.jpeg

They are screwing with us.
SAY NO TO THE 'BAIL OUT'!!!

LogansPapa
09-30-2008, 01:31 PM
Yeah, and of course we have rush a vote through to get our banks to the trough! :rolleyes:

linda22003
09-30-2008, 01:33 PM
If it was really said, that's a very good way for a "Treasury spokeswoman" to lose her job. :rolleyes:

megimoo
09-30-2008, 01:52 PM
Los Angeles Times (http://latimesblogs.latimes.com/washington/2008/09/bailout-plan.html)

Where’d the $700 Billion figure come from?

Answer - "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."

http://latimesblogs.latimes.com/washington/images/2008/09/28/treasurydept.jpeg

They are screwing with us.
SAY NO TO THE 'BAIL OUT'!!!
It's not their money so why not .We have no need of a bail out,Paulson has sold his sorry ass to the Progressive liberals and Social Maoists for a new job when all of this blows over !

LogansPapa
09-30-2008, 02:09 PM
http://upload.wikimedia.org/wikipedia/commons/thumb/c/c5/President_Bush_Nominates_Henry_Paulson_as_Treasury _Secretary_2.jpg/180px-President_Bush_Nominates_Henry_Paulson_as_Treasury _Secretary_2.jpg

Henry Paulson was nominated by U.S. President George W. Bush to succeed John Snow as the Treasury Secretary on May 30, 2006.

submarinepainter
09-30-2008, 05:56 PM
I just know we are screwed .

AmPat
09-30-2008, 10:15 PM
Well we all know one does not ease into Socialism, you boldly Goose Step into it.:mad:

Odysseus
10-01-2008, 09:28 AM
Los Angeles Times (http://latimesblogs.latimes.com/washington/2008/09/bailout-plan.html)

Where’d the $700 Billion figure come from?

Answer - "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."

Whew! For a second there, I was afraid that there wasn't a whole lot of thought behind it. :rolleyes:

AmPat
10-01-2008, 11:20 PM
http://upload.wikimedia.org/wikipedia/commons/thumb/c/c5/President_Bush_Nominates_Henry_Paulson_as_Treasury _Secretary_2.jpg/180px-President_Bush_Nominates_Henry_Paulson_as_Treasury _Secretary_2.jpg

Henry Paulson was nominated by U.S. President George W. Bush to succeed John Snow as the Treasury Secretary on May 30, 2006.

And he should be unemployed as of 1 October 2008.:mad:

Something else bothers me. I think about the vehemence addressed toward Sarah Palin regarding but not limited to her lack of experience. This particular attack of Mrs. Palin is over a POTENTIAL weakness. I can't help but wonder about a few other positions of concern.

Barney Frank has PROVEN to be incompetent at his committee Chairmanship yet I hear no outrage directed at him.
There are a couple of other key committee Chairmen who are or should be held accountable yet NOTHING from the LIBERAL MEDIA.

Not surprisingly, I have heard some whispers about GW appointing the SEC Treasure. Apparently accountability is only required of Conservatives and Republicans.

d_va
10-02-2008, 12:41 PM
I heard the Senate version is up to 850 billion thanks to all the "sweetners" added to buy Senate votes.

AmPat
10-02-2008, 10:16 PM
I heard the Senate version is up to 850 billion thanks to all the "sweetners" added to buy Senate votes.

Oh please, please, please bring back the stocks and shackle the thiefs in the public square. I'll throw the first rotten turnip.:mad: