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.” (More from George Washington’s blog)
Bush & Congress (while Bernanke’s and Paulson’s lips move): SHUT UP AND LET US SAVE YOU FROM DISASTER! FINANCIAL RUIN! MUSLIM TERRORISTS!
Ron Paul: Government creates problems, then attempts to solve them with more government.