Friday, October 1, 2010

Conflicts of Interest

Two headlines I saw today: 1) "White House report shows stimulus package is on time, under budget," 2) "Treasury estimates TARP will cost far less than expected."

This is the definition of conflict of interest - the entities that created these monstrosities are telling us that they are working out according to plan. Pretty much the same thing Bernie Madoff told his clients.

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