August 26, 2010

Ron Johnson secures another gummint loan

Four million cash money now, up from 2.5 millionAP
"Tax-free bonds allow a borrower to borrow at a lower rate," said Andrew Reschovsky, a professor of applied economics at the University of Wisconsin-Madison. "That's a subsidy from normal borrowing."
Hell, even I coulda told ya that.

Where's Dave Westlake? He should be gorging himself on this stuff.

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