The Sisyphus Files

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The Robber Government: Where is All That Money Going?

Everyone is talking about how much money the government is spending, but very little attention is being paid to where they are spending it or what they are buying with it.

The government is putting money into banks, even when the banks don’t want it, in hopes that the banks will put it into circulation. But the latest statistics shows that banks are lending even less money now than they were before the government dumped all that cash on them.

Thomas Sowell

Filed under: Crazy liberals, The Government Engineered Mortgage Crisis

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