Friday, Sep 26, 2008
$700 Billion - "We just wanted to choose a really large number"
Forbes: Bad News For The Bailout
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."
Wow. If it wants to see a bailout bill passed soon, the administration's going to have to come up with some hard answers to hard questions.
Posted by malct @ 11:28 AM (496 views) Add Comment
13 Comments
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1. alan said...
Malct,
Was the act of letting Wa Mu go into default part of a " Shock & Awe campaign? Maybe I've watched too many Hollywood conspiracy thrillers?
2. harold said...
Wow, this is it - the bailout didn't wash, it ain't gonna happen. Game over. Banks will smash and crash. (Marshal law in the US within 12 months?)
3. planning4acrash said...
It probably has some occult meaning. That is what these guys are into. I started googling 7 and occult, and, it occured to me. In Genesis, God created the world in 7 days. He rested on the 7th. These guys are playing God with our economy. That is the Luciferian meaning of 7 in this context. Remember that, on the 6th day, God said, let there be light. Lucifer is the light bearer. Phew, big stuff, well, as Alex says, even if you don't believe in this stuff, they certainly do.
4. malct said...
alan - Naomi Klien might think so. See shock doctrine above
also congress person Kaptur (see yesterday's video) certainly thinks so.
If you think like your enemy, what would you do?
5. malct said...
re 7
try dividing the 360 degrees in a circle by whole numbers from 2 to 9
6. planning4acrash said...
Not sure about your point Malct, please explain.
7. malct said...
p4ac
assume you mean 7
when I first came across this I thought ah! but we only CHOOSE to have 360 degrees in a circle
then after a few hours I thought, why?
there's no doubt we have been encouraged to leave behind knowledge which once served us well.
Like, what would house prices be like if there were no mortgages?
8. planning4acrash said...
Apparently there are 360 degrees to Free Masonry, yes, the 32nd degree is not the capstone, Presidents run NOTHING. but I don't see the link to the number 7.
9. shipbuilder said...
4. malct said...
"alan - Naomi Klien might think so. See shock doctrine above"
I believe the shock doctrine is about taking advantage of disasters to push through policies, not necessarily creating the disaster to take advantage of it. I don't know - I haven't read the book. Have you?
I agree that the collapse of WaMu being announced at this time was definitely no coincidence, though.
10. malct said...
spooky! just realised my last post was number 7
hey, have you ever thought what 'people' were like before mortgages and council houses?
11. planning4acrash said...
Occult means hidden, pure and simple, that's all it is. 360degrees, well, if you are at the 360th degree, you have the full picture. You know that our degree system is masonic? Those taking degrees at university are given a fraction of the picture. That's the nature of the Babylonian System. Texe Marrs gives a good lot of info on the occult meanings in our architecture and monuments.
12. planning4acrash said...
Malct, the Middle Class could buy a house on one salary back in the day. Without inflation and with sound money, we would all be there, with a minority choosing to rent for flexibility.
13. Refusetobuy said...
Newsflash:-
Wall Street have reduced their figure to 2 PI * $100m