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Tuesday, January 12, 2010

How Can The U.S. Government Save The Economy? Spend Billions And Billions.

http://www.reuters.com/article/idUSN1219019120100112
UPDATE 1-U.S. Fed paid record $46.1 bln to Treasury in 2009

Hmm. I guess $46 billion doesn't go as far as it used to.

Back in February 2009 Barack Hussein Obama claimed he saved the economy when he spent more than $700 billion in stimulus bailout money. Not wanting to be left out of the hyperbole, the Federal Reserve Bank also wants credit for saving the economy with the billions they spent. Are there any other federal or state agencies that also want to take credit for saving the economy by spending billions and billions?

Funny how everyone wants to take credit for saving the economy. No one seems to be taking credit for the joblessness and homelessness that seems to be part of this economic recovery.

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