Thursday, September 25, 2008

Bailout could make things worse

According to the CBO chief.  This thing definitely needs to be carefully thought out.  Why can't Congress pass a three-month stop-gap bill for, say, $75 billion, then work on a comprehensive financial reform package in concert with the president-elect -- one that is based on accurate information, not fear-mongering by the most crooked, incompetent administration this country has ever had?  

According to Forbes, Treasury just basically pulled the $700 billion figure out of its hat, anyway.  
"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."
So...

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