Wednesday, October 14, 2009

NPR's Grasp on Finance

Heard on NPR this morning (paraphrasing): "Think of the [New York State] loans [for weatherizing houses] as a bridge. These people can save $10,000 over the next ten years. But only if they spend $10,000 now, which they don't have. These loans provide that."

No wonder NPR needs all those pledge drives, if they invest their money like this.

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