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Wednesday, December 30, 2009

4 Triiiiiiiiiiiiillion dollars.

A phrase I would like to never see in any bill before Congress

The amounts made available under this subsection shall not exceed $4,000,000,000,000.

4 TRILLION dollars!? Seriously? Yes. Have a look at page 438 of HR 4173.

Oh yeah, its basically a big bail out fund for future use at the discretion of Secretary of the Treasury and the Federal Reserve – but only if they *really* think they it will work. Riiiight.

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