Infowars.com
PrisonPlanet.tv
Listen Now
Featured Stories
World News
Commentary
Money Watch
Multimedia
Prison Planet
U.S. News
Science And Technology
Treasury Pulled the Number Out of Thin Air
George Washington’s Blog
Thursday, Sept 25, 2008
You know the $700 billion price tag of the proposed bailout? Treasury pulled that number out of thin air.
As Forbes writes:
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.”
Print this page.
