Historical times

We live historical times! The US administration jumps in and pump money to take the garbage out of the financial markets. I assume that financial history will have sometime a chapter called "Paulson doctrine". The question is: are 700$ billion enough?

On the long term, I assume they may even resell with profit (!) this garbage.

"Marketwatch - The plan allows the government to buy the bad debt of U.S. financial institutions for the next two years, according to a draft of the proposed legislation. It gives the Treasury secretary the authority to buy $700 billion in mortgage-related assets, in a bid to address the root cause of the turmoil that swept through markets this past week and resulted in the filing for bankruptcy by and government takeovers of some of the biggest U.S. financial companies. "