U.S. Treasury spokesperson: "$700 billion is not based on any particular data point. We just wanted to choose a really large number."

"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."

LA Times political columnist, Andrew Malcolm writes this morning that the bailout number was made up according to a comment buried in the above mentioned Forbes article.

Here's my take.

Ok, so we lost some wealth on paper. They say we lost wealth about the size of the Indian economy. But look around. America isn't exactly skinny. We can tighten the belt. We can persevere.

The market gained more than 200 points this morning at the time I write this. I looked up and the sky is still there. There were still people in their cars. Deals are still being made at the office today. No big deal.

Paulson, Bush, and Bernacke swore to us last weekend that the world would meltdown if we didn't do their deal. It's time to stop believing the Fed. They are a pack of filthy liars intent on raping America for their own gain.

Let's listen to Ron Paul and others who have been right and who have the best interests of The American People at heart.