Bailout Success Continuing Enigma
According to this story from the Washington Times, we’re going to be hard pressed to know if the $700 billion bank bailout worked or not…
We may never know whether the government’s $700 billion bailout of the financial industry worked, according to a new report from congressional auditors.
That’s because it will be impossible to sort out which of the government’s spending and other tinkering has made a difference, according to the report released Friday by the Government Accountability Office.
…the only thing certain is that most of the time, unaccounted money ends up going down a rat hole.
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