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States, unlike the federal government, cannot print money to cover their debts, but that didn’t stop most state politicians from spending wildly and making extravagant promises.
The New American – August 30, 2010
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Conjuring Magic To cover States’ Debts
Fiscal Reality Sets In
Included in the issue:
Finance Power Play
Pixie Dust, Treason, & Spies
Book Review by Raven Clabough – “Pursuing Liberty” by Cory Emberson & Rick Lindstrom
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