The Observation Deck

Any idea where that number came from?

I heard a rumor last night and it was very troubling.

Also is the USA moving to fast? After being bailed out by the USA board members from AIG are trying to buy it back.

We thought Lehman was gone, when in fact assets have been purchased b y three companies.

Last night a conservative on CNN compared this to the beginning of the new socialist movement in France.

Again if anyone heard where the number came from, let me know.


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Found it!

From Forbes Magazine.

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."

http://www.forbes.com/home/2008/09/23/bailout-paulson-congress-biz-beltway-cx_jz_bw_0923bailout.html

This administration should be brought up on terrorism charges, among other things.

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Globalism is like Alcoholism. It is enjoyable for a while. and then you're a wreck. a giant wreck.