Wednesday, October 01, 2008

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 Tuesday. "We just wanted to choose a really large number."
(via Angry Arab)

Meanwhile back home the three main parties are banding together to give their combined, and unconditional, support to the incompetents and the fraudsters responsible for the meltdown. No-one demurs, no privy councillor sworn to maintain the status quo at all costs can demur. We are now without a parliamentary opposition at this time of "crisis" (their description, not mine). Bush and Paulson must envy our sellout politicans, and their unelected shadow government.

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