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IPFS News Link • Corruption

Federal spending soars 25% before bailout

• Washington Times
The government's spending commitments exploded by 25 percent in 2008, putting taxpayers more than $1 trillion in the hole even before the astronomical costs of the economic bailout were taken into account

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Comment by Dave Wilber
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The most repeated lie is that government spends money. They cannot get money for your check when the Fed says bank deposits are "merely book entries." They have no need for money when all of us will risk our lives for book entries. The Fed also said their system "works only with credit" that would keep its value "if there were fewer people bidding against each other." This site is not mine and it contains no advertizing: but it is valuable.