April 05, 2009
ONE MORE FROM NRO
Deroy Murdock reviews the basics of what Obama & Congress just did to our financial system.
I like this line best:
I didn't think so.
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I like this line best:
Think of the bailout as $4.17 trillion in spending on a credit card with a $12.8 trillion limit.
And our total annual GDP is $13.4 trillion. Do you have a credit card with a limit equal to your annual income? If so, do you plan to max it out? On top of all your existing mortgages and debt?I didn't think so.
Posted by: JBD at
10:15 AM
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