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Max out your credit cards

February 20, 2008

Do it for the nation.

Apparently NYC-based Damon Hemmerdinger gave away around $20,000 over President's Day to nearby denizens.  The only catch, you needed to wear a sticker that reads: I Support the Economy!

While this was a privately-funded endeavor, the underlying politically-charged spendthrift message has shades of Gerald Ford's ill-fated "Whip It Now" campaign.

Will it only be a matter of time before savings is equated with financial terrorism, hording scarce capital that should immediately be spent?

See also: "Tax Rebates" are Low-Cost Payday Loans

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