This is what sticks in my craw above anything else, and no one on the Hill seems to be addressing it. The treasury spokesperson that gave this quote admitted there was no corresponding data to point to this figure. Why is that? What does the data point to? All I see and hear is $700 billion this, $700 billion that, and no one can tell us why that is the required amount to stave off a depression.
Anyone else out there crying bullshit over the bailout for this number seemingly plucked out of thin air? I would personally like to see some debate and hear some explanation why we can't come up with a number based on you know, data.