LA Times: You won't believe where that $700-billion bailout figure came from (via).
You know where that very important $700-billion figure came from?
Here’s a quote from that Forbes story:
"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."
They made it up to be sufficiently ginormous to frighten everyone into rapid action.
And it worked.
Awesome.
Steve Dekorte has some more posts too:
Edit: Also, LGF linked to an article by Bill Whittle the other day that I'd like to read.
Edit: One more: LGF: Obama and ACORN
new⇒Calif. Supreme Court to take up gay marriage ban
I would argue the point is notdefinitional. While the wordmarriage is su...
Justin: Nov 20, 4:37pm