Debunking The Myth That Government Spending “Stimulates” The Economy
Originally, it was economist John Maynard Keynes who argued that the economy could be boosted by government borrowing, and spending money. This has become the gospel for Democrats and RINO’s. But here’s a look at why it doesn’t work.
November 23rd, 2008 at 10:08 am
Go figure……
My sister just closed on her new house near Aspen.
She got her loan thru Wells Fargo who has now sold the loan to Fanny Mae–creating a profit for both lenders at my sister’s expense.
November 24th, 2008 at 9:07 am
I hate when banks sell your mortgage. They almost always notify you of the sale a few days before your mortgage payment is due. It creates havoc for a person when their mortgage payment is an automatic deduction from their bank account or pay.