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« Goldman Sachs Links Fest (Everything You Ever Wanted To Know About The SEC Case) | Main | Somalia - Libertarian Paradise Vacation »
Monday
Aug152011

STIMULUS - REAL OR FAKE: Can you tell which of these government spending projects are real?

Phenomenal clip from Bankrupting America.

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Joke-telling robots, expensive walking turtle tunnels, Blackberries for smokers, and training American prostitutes to drink responsibly. What do these things have in common? They're all questionable government spending projects in a time when our economy is struggling and people can't get jobs....or, maybe we just made them up.  Put yourself to the test.  See if you can outwit the Rebel Economist before she stumps you.  So what is it: REAL or FAKE?

Want to learn more about the projects featured in the video, the waste in your state and hundreds more examples? (Even better: want to do something about it?) Try our Spending #FAIL Map, which allows you to choose the spending projects of your (dis)liking, share the facts with others on Facebook, and call and tweet your member of Congress:

 

** JUST CLICK THE MAP **

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Reader Comments (13)

Sooooo we could save money buy teaching a prostitute robot who drinks in moderation from china to carry turtles
over a highway .Wait i think i have one to sell.
Heck i would do the study for 500k
Oh and just think of the money Obongo care will save us.
Aug 12, 2010 at 4:10 PM | Unregistered CommenterJTS
"OMG" Please, Please, Interview me, Please.......? Im sure between the two of us we could save the tax payers money, and burn off a few calliories too...

I would bring her wise man gifts. I would take out her garbage, do the dishies, do her windows, Just interview meeeee.......

I've got answers, just ask me questions. Oh, the goverment wouldent realy waste our hard earned money for that crap, would they....?

Here in the Ozarks, we just punch a calvert threw the road bed so all the critters can get on the other side.

Good thing this is real funny, cuz you could get real Mad, with the goverment and how they spend Our Money !
Aug 12, 2010 at 5:48 PM | Unregistered Commentertexasdar
FORTUNE -- The Great Depression. Wall Street in 1987. Japan in 1997. Points of economic collapse are generally crystal clear in the rear-view mirror. Professional politicians in Japan have been telling stories for 20 years as to why they can prevent economic stagnation. In the US, the storytelling started in 2007. All the while, stock market and real-estate prices have repeatedly rallied to lower-highs, then collapsed again, to lower-lows.

http://money.cnn.com/2010/08/11/news/economy/economic_collapse_GDP_unemployment.fortune/index.htm
Aug 12, 2010 at 8:58 PM | Registered CommenterDailyBail
30,000 People Line Up For Housing Aid In Atlanta, As Police Are Called Out To Stem The Chaos

http://www.businessinsider.com/30000-people-line-up-for-housing-aid-in-atlanta-as-police-are-called-out-to-stem-the-chaos-2010-8
Aug 12, 2010 at 8:59 PM | Registered CommenterDailyBail
Took Out A Massive Home Equity Loan During The Boom? You Can Now Settle For Pennies On The Dollar

http://www.businessinsider.com/borrowers-refuse-to-pay-home-equity-loans2010-8#ixzz0wRYgiiQu
Aug 12, 2010 at 9:02 PM | Registered CommenterDailyBail
YOUR TEXTBOOKS LIED TO YOU – THE MONEY MULTIPLIER IS A MYTH

http://pragcap.com/your-textbooks-lied-to-you-the-money-multiplier-is-a-myth
Aug 12, 2010 at 9:04 PM | Registered CommenterDailyBail
Insurer American International Group Inc. agreed to sell 80% of its money-losing consumer-lending business to Fortress Investment Group LLC, removing a financial drag on AIG as it works to repay its government rescue.

Fortress, a New York-based buyout and hedge-fund company, through its funds paid less than $200 million for the stake in the AIG unit, called American General Finance, according to people familiar with the matter.

AIG, which recently valued its American General investment at $2.4 billion, said it would recognize a $1.9 billion pretax loss in the third quarter from the sale.

http://online.wsj.com/article/SB20001424052748704901104575423193557646052.html
Aug 12, 2010 at 9:05 PM | Registered CommenterDailyBail
Banks repossessed the second highest monthly number of homes ever last month, working through distressed loans already on their books rather than sharply stepping up new default notices, real estate data company RealtyTrac said on Thursday.

http://www.cnbc.com/id/38671692
Aug 12, 2010 at 9:07 PM | Registered CommenterDailyBail
Aug 12, 2010 at 9:10 PM | Registered CommenterDailyBail
"Morgan Stanley's Butler and Tzolov Get To Keep $4.5 Million Bonuses After Committing Fraud"



We just got to give more of our hard earned money to the rich to make things better...

Then when no one has anything left to give we will have achieved perfection. Anyone who can see through that will surely blame the wrong people people.

SNAKE OIL, SNAKE OIL, GET YOUR SNAKE OIL HERE...
Aug 12, 2010 at 9:24 PM | Unregistered CommenterS. Gompers
Incredible. Simply incredible.
Mar 29, 2011 at 6:13 AM | Unregistered CommenterOberron4life
yep...oberron...i think i will repost this story every 3 months until obama is gone...
Mar 29, 2011 at 1:57 PM | Registered CommenterDailyBail
I still want a date with the "Chic" holding the Mic............................! OMG she is a cutie ?
Mar 29, 2011 at 4:31 PM | Unregistered CommenterTexas Dar

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