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You Have No Hope Of Paying Us Back? Here's A Check
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Recession Stuff: You? You can't get a loan to save your life, no matter what your credit looks like. The states, who spend money like drunken sailors and are now discovering huge deficits because tax collections are down? They're finding plentiful credit at low interest rates. Even California is getting to borrow money. That's great for them, until they have to pay it back.
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