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Keith Devens .com

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Daily link icon Monday, September 29, 2008

More on the bailout

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

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Peggy McGilligan (http://web.mac.com/writecoast/iWeb/Site/Blog/Blog.html) wrote:

I figured they wanted about a buck or so from every man, woman and child on the planet. Anyway, did you know many of the fat cats who circulate from board to board and from job to job throughout the financial industry, are also members of the Bilderberg Group and or the Trilateral Commission? When someone takes your money and steals your car, it makes an impression. When they belong to such secret political cliques, it leaves an indelible impression, hence the secrecy. Many elected officials even belong to these cabals. When Bill Clinton eased banking restrictions, he dished out $8-billion dollars for community reinvestment loans. When the financing schemes fell through, as is their wont whenever 30-million Mexican nationals buy inflated properties and default, it left banks in the lurch. Hillary Clinton counted on the loan giveaways to buy votes. Interestingly enough, had Hillary secured the nomination; she, instead of Barack Obama would preside over the bailout. So, where’s that $8-bilion plus dollars? Where’s Hillary? The Global Initiative people (code speak for car thieves) took my money; they stole my car. If you or I did half the things these people have done, we’d be serving consecutive life sentences. Wise up, get angry, and let the bubble burst. Remember, no matter what happens you’re going to be just fine. You have my word on it. Gentlemen, I want my money back: http://theseedsof9-11.com

∴ Peggy McGilligan | 30-Sep-2008 12:20am est | http://web.mac.com/writecoast/iWeb/Site/Blog/Blog.html | #10845

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