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)
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.
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 !
http://money.cnn.com/2010/08/11/news/economy/economic_collapse_GDP_unemployment.fortune/index.htm
http://www.businessinsider.com/30000-people-line-up-for-housing-aid-in-atlanta-as-police-are-called-out-to-stem-the-chaos-2010-8
http://www.businessinsider.com/borrowers-refuse-to-pay-home-equity-loans2010-8#ixzz0wRYgiiQu
http://pragcap.com/your-textbooks-lied-to-you-the-money-multiplier-is-a-myth
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
http://www.cnbc.com/id/38671692
http://www.businessinsider.com/morgan-stanleys-butler-and-tzolov-get-to-keep-45-million-bonuses-after-committing-fraud-2010-8#ixzz0wRaSPbIG
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.
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