You won’t @#$#&$%-ing believe this!

“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.

From Forbes

CONTACT YOUR SENATOR AND CONGRESS-PERSON NOW! THEY ARE NOT SAVING THE MARKETS – THEY ARE COVERING THEIR CRIMINAL ACTIVITIES AND YOU WILL PAY FOR IT! TELL THEM NOT TO VOTE FOR THE BAIL-OUT.

AND BY THE WAY – WHY CAN THEY FIND $700,000,000,000 TO BAIL OUT CROOKS, BUT CAN’T “FIX” NEW ORLEANS?!

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  1. Christian

    Utterly, totally false. They chose it because it’s the exact amount representing a 5% loss rate on the total worth of the US real estate market currently. Bernanke said so, explicitly in response to Chuck SChumer questioning the figure in testimony. Complete, agenda-driven RUBBISH.

  2. Well – since that statement came from the Treasury Dept….who’s agenda exactly do you think it’s serving?




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