{"id":12796,"date":"2008-09-25T14:10:13","date_gmt":"2008-09-25T21:10:13","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/wp\/2008\/09\/25\/the-700bn-bailout-to-nowhere.html"},"modified":"2008-09-25T14:10:13","modified_gmt":"2008-09-25T21:10:13","slug":"the_700bn_bailout_to_nowh","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2008\/09\/25\/the_700bn_bailout_to_nowh.html","title":{"rendered":"The $700bn Bailout to Nowhere"},"content":{"rendered":"

It’s all so exciting, these should get their own post!<\/p>\n

    \n
  1. Treasury explains how it came up with $700 billion:…<\/a> – “We made it up. It’s just really big number, which was kind of … well, exciting,<\/em> y’know?”<\/li>\n
  2. Echoes Of Iraq War: White House Claims Bailout Will Pay for Itself…<\/a> – “Until, of course, all those essential tax breaks get further expanded to keep the bailout money in the pockets of the CEOs who got us into this mess.”<\/li>\n
  3. Bush tonight: give me more power to fix the mess<\/a> – “Because I’ve done such a great job with the power you’ve given me to date.”<\/li>\n
  4. Dawn Teo: The Bailout: Getting It Right More Important then Getting It Fast<\/a> – Well, heck, with that kind of attitude, clearly the terrorists have won.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    It’s all so exciting, these should get their own post! Treasury explains how it came up with $700 billion:… – “We made it up. It’s just really big number, which was kind of ……<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[35,9],"tags":[],"class_list":["post-12796","post","type-post","status-publish","format-standard","hentry","category-big-business","category-politics-law"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":13563,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/11\/13\/oversight_overlooked.html","url_meta":{"origin":12796,"position":0},"title":"Oversight overlooked","author":"***Dave","date":"Thu 13-Nov-08 9:40am","format":false,"excerpt":"Is anyone actually surprised that handing the Bush Administration huge buckets of money, even with requirements for oversight and reporting, has turned out to be a huge mess?\u00a0 Bailout...","rel":"","context":"In "Politics & Law"","block_context":{"text":"Politics & Law","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31704,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/12\/10\/taxpayer-bailout-profit.html","url_meta":{"origin":12796,"position":1},"title":"Taxpayer Bailout Profit","author":"***Dave","date":"Mon 10-Dec-12 10:35pm","format":false,"excerpt":"Not that I think that bailing out failing companies should be SOP ... but it can be done appropriately, and (mirabile dictu) at a profit to the taxpayer. (h\/t +Paula Jones)Reshared post from +Neil CarvinTaxpayers Earn Profit on AIG Bailout. \u00a0US Sells Last AIG SharesAmerican International Group, an insurer and\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12825,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/09\/21\/potpourri_for_a_tired_sun.html","url_meta":{"origin":12796,"position":2},"title":"Potpourri for a tired Sunday evening","author":"***Dave","date":"Sun 21-Sep-08 9:02pm","format":false,"excerpt":"DARK, DREARY, SERIOUS ... Bailout is the best summary of the $700 Billion mess that I've seen. Though Happy Hour Discurso probably uses the most appropriate profanity. Open Thread for...","rel":"","context":"In "Big Business"","block_context":{"text":"Big Business","link":"https:\/\/hill-kleerup.org\/blog\/category\/big-business"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13513,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/11\/25\/pretty_soon_it_adds_up_to.html","url_meta":{"origin":12796,"position":3},"title":"Pretty soon it adds up to real money …","author":"***Dave","date":"Tue 25-Nov-08 12:07pm","format":false,"excerpt":"The cost of the economic bail-out to date: If we add in the Citi bailout, the total cost now exceeds $4.6165 trillion dollars. People have a hard time conceptualizing...","rel":"","context":"In "Big Business"","block_context":{"text":"Big Business","link":"https:\/\/hill-kleerup.org\/blog\/category\/big-business"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12804,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/09\/24\/suspending_the_campain_as.html","url_meta":{"origin":12796,"position":4},"title":"Suspending the campain as campaigning by other means","author":"***Dave","date":"Wed 24-Sep-08 1:55pm","format":false,"excerpt":"It's indeed a shame that, in the midst of both a presidential campaign and a major financial\/economic crisis, that one's mind immediately starts looking to ascribe political motivations to...","rel":"","context":"In "Elections 2008"","block_context":{"text":"Elections 2008","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law\/elections-2008"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13449,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/12\/09\/pay_us_now_or_pay_us_late.html","url_meta":{"origin":12796,"position":5},"title":"Pay us now, or pay us later","author":"***Dave","date":"Tue 9-Dec-08 10:51am","format":false,"excerpt":"I reluctantly, pragmatically agree\u00a0with a bailout of the auto industry, for reasons previously discussed, but this is (bitterly) funny. You probably thought it was smart to buy a foreign...","rel":"","context":"In "Big Business"","block_context":{"text":"Big Business","link":"https:\/\/hill-kleerup.org\/blog\/category\/big-business"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.hill-kleerup.org\/blog\/images\/auto-bailout.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/12796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=12796"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/12796\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=12796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=12796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=12796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}