Quote of the day:
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.”
Did they really say that? That’s…incredible.
My understanding of all of this is generally fuzzy, but I know it’s so important that John McCain suspended campaigning and wants to call off the Friday debate. Or McCain’s that desperate. The fact that it’s a foreign policy debate and the performances will be drowned out by economic news and that he wants to move to the VP debate slot points to the latter. I suppose it would be hard for McCain to swoop in and grandstand, then debate with Obama for a couple hours, but I think he could do it. It’ll build character.