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Burns: Uncle Sam's magic tricks hide trillions (Houston Chronicle)

Story date: 2007-11-18 10:53:49
Added on: 2007-11-19 02:00:20


When it comes to financial magic, the government of the United States takes the prize. Sleights of hand and clever distractions by purveyors of line-of-credit mortgages, living-benefit variable annuities and equity-indexed life insurance that I have illustrated in recent weeks are clumsy parlor tricks compared to the Big Magic of American politicians.


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