Re: [silk] $700 billion how?
Rishab Aiyer Ghosh wrote: > 1. http://tinyurl.com/700billionhow > http://2parse.com/?p=1192
Re: [silk] $700 billion how?
"Srini Ramakrishnan" <[EMAIL PROTECTED]> writes: > On Sun, Oct 5, 2008 at 10:01 AM, Perry E. Metzger <[EMAIL PROTECTED]>wrote: >> Rishab Aiyer Ghosh <[EMAIL PROTECTED]> writes: >> > "it's not based on any particular data point" [1] is my new favourite >> > explanation for any thing i say. >> > >> > i love it. >> >> You don't have to pay for it. I do. :( > > In today's global economy that's really hard to prove, It is possible that lots of people will suffer indirectly -- I would not doubt that. However, as a US taxpayer, most of who's checks go to US federal debt service, I assure you that regardless of what sort of indirect suffering others may face, I literally do pay for this stuff. Of course, anyone wants to start cutting the checks to the IRS on my behalf, I'll happily send the instructions. (In following them, always remember: you must attach the checks to the 1040ES forms with paperclips, do *not* use staples.) Perry
Re: [silk] $700 billion how?
On Sun, Oct 5, 2008 at 10:01 AM, Perry E. Metzger <[EMAIL PROTECTED]>wrote: > > Rishab Aiyer Ghosh <[EMAIL PROTECTED]> writes: > > "it's not based on any particular data point" [1] is my new favourite > > explanation for any thing i say. > > > > i love it. > > You don't have to pay for it. I do. :( In today's global economy that's really hard to prove, I think most people in the world will pay for the follies ^w sins of a few. Given that the crisis was eminently avoidable, and foreseeable, calling it a mistake is being too forgiving. Cheeni
Re: [silk] $700 billion how?
On Sat, Oct 4, 2008 at 3:10 AM, Rishab Aiyer Ghosh <[EMAIL PROTECTED]> wrote: > "it's not based on any particular data point" [1] is my new favourite > explanation for any thing i say. And I defend the length of my reports by pointing to the three page[1] bail out bill. Cheeni [1] http://www.nytimes.com/2008/09/21/business/21draftcnd.html?_r=1 http://en.wikipedia.org/wiki/Proposed_bailout_of_United_States_financial_system
Re: [silk] $700 billion how?
Rishab Aiyer Ghosh <[EMAIL PROTECTED]> writes: > "it's not based on any particular data point" [1] is my new favourite > explanation for any thing i say. > > i love it. You don't have to pay for it. I do. :( Perry > FORBES > 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. > > > 1. http://tinyurl.com/700billionhow
