Fuzzy math on the bailout

Bad News For The Bailout – Forbes.com

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.”

Our children’s futures over just wanting a “really large number.” Unbelievable.

Via