Thursday, September 25, 2008

What Kind of Fools Do They Think We Are?

The audacity of the Bush administration knows no bounds.

Brian Wingfield and Josh Zumbrun report

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."

The gossamer bailout will solve Wall Street's problems by flooding the financial industry with spun sugar.

Why not? If they're making up the numbers, any solution will do.

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