``I must give him his due. He has considerably cretinized me.'' Lautréamont

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Monday, May 08, 2006

Funny Money on Iraq (NYT)

actually money that is sent out of the country and not spent in the US simply disappears from the money supply.

the fallacy of composition does indeed produce strange effects

it's not like you yourself spent money at all.

If the Bush administration wants to start winning back its credibility, honest budgeting for the war in Iraq would be one good place to start.


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