A Stimulus Bill

(Community Matters) Thanks to the Senate for slowing this one down. If I’m not mistaken, we’ve recently spent $85 billion for AIG, $200 billion for the GSEs, set aside a $40 billion fund for money market mutual funds, the House has approved $25 billion for auto manufacturers (Michigan lawmakers vowing to push for $25 billion more next year), we’re spending $6 billion-ish per month on the war, and we’re about to spend at least $700 billion on trash securities. This is why undergrads shouldn’t take mom & dad’s credit card with them to 6th Street.

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