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December 03, 2008

BIG THREE SEEK $34 BILLION AID, Wall Street Journal, Dec 3, 2008, p. A1

The federal government gets money from only four places: 

  1. taxes
  2. borrowing (increasing taxes on our children)
  3. shifting $ from one program to another 
  4. printing new money (which directly lowers the real value of the nation's savings accounts) 
The Big Three are seeking $221 from each average taxpayer*.  Enough said.  

Posted at 11:03 AM |

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