why did they announce 17.4 billion for the auto firms, and not 17 or 18? why
the 0.4? During the 700B package, one congress member or treasury official,
when asked how they came up with the 700 figure, had said that 'we just
wanted a big number'
the 0.4? During the 700B package, one congress member or treasury official,
when asked how they came up with the 700 figure, had said that 'we just
wanted a big number'
this is even better - it has 13.4 from the 700 B package, which is the
reason for the 17.4. So, of the 700, they have used up 350, and of the
remaining 350 they calculated they would need 336.6 billion for non-auto
bailouts. Genius!
Reminds me of the old Readers Digest joke, about the director who wanted 50,001 extras to film a war scene. When asked why 50,001 he patiently replied, well- it's one guy leading and 50,000 others behind him.
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