$700 B Bailout

[saden1]

This whole thing is so stupid it's unbelievable.

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."

The level of audacity breathtaking.

Sec. 8. Review.

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

[BleedBurgundy]

Originally Posted by saden1

This whole thing is so stupid it's unbelievable.



The level of audacity breathtaking.

What's truly ridiculous is that every quote looks like it should come from the Onion. But no, that's our government, people.