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To: A Strict Constructionist
“past 50 years and the expansion of the entitlement state.”

That seems like chump change with what we’ve spent in our “bailouts” of the financial and union classes in the last year.

The shadow government is beginning to loose it’s stealth capability.

For the record, I have been against the government taking ownership stakes in financial institutions (or auto companies, for that matter).

But one would have to be an economic ignoramus not to understand that entitlement liabilities dwarf the TARP bailout. And the TARP spending has already been or will be repaid in full or nearly so.


74 posted on 02/22/2010 3:31:12 PM PST by SirJohnBarleycorn
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To: SirJohnBarleycorn

ouch. I knew Social security and Medicare hit hard, but never realised just HOW hard. Thanks!


98 posted on 02/22/2010 7:51:03 PM PST by Cronos (Philipp2:12, 2Cor5:10, Rom2:6, Matt7:21, Matt22:14, Lu12:42-46,John15:1-10,Rev2:4-5,Rev22:19)
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