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Monday, April 20, 2009

How To Bank Scam 101

American Scofflaw

Further indications that B of A's announcement of huge profits is more accounting tricks than reality.

Obama is pouring trillions of dollars into the wrong place in the economy. He is taking trillions of dollars from the taxpayers and giving it to the banks to loan back to the taxpayers at interest.

And we're not borrowing because it is absurd to be borrowing our own money at interest and second, with taxes clearly planned to increase and our jobs evaporating, who wants more loans?

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