Why 700Billion (You're not going to like this)

[a_unique_person]

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com on Tuesday. "We just wanted to choose a really large number."

And so $US700 billion it was. Paulson and co pulled it out of thin air. This was the ``slap in the face'' theory, that markets needed a big slap in the face to right their wrong behaviour. So out went the Treasury Secretary with Fed chairman Ben Bernanke to chuck $US700 billion at anybody who wanted to part with their delinquent assets _ as long as they were on Wall Street and had lots of them.


http://business.theage.com.au/business/failure-from-the-get-go-20080930-4qli.html

[rjwould]

They certainly don't seem like very smart people, do they? But they understand the inner workings of a very flawed monetary system. Which only illuminates the fact that it doesn't take smart people to work this system, it demands simple minded fools.

Then what they do is invent and use long winded verbiage which sounds complex, but which is in fact startlingly simplistic nonsensical rhetoric.

There are a few of them right here on this forum as a matter of fact.

You can put lipstick on a pig.........