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After mocking a bill he doesn't understand, Glenn Beck now ridicules acronym that doesn't exist

February 02, 2009 1:51 pm ET

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SUMMARY: On his Fox News program, Glenn Beck reported as true the idea floated on Forbes.com that a program the Obama administration is reportedly considering should be called the "Bad Asset Repository Fund." Without noting that the reported program has not in fact been named, Beck then ridiculed the creators of the nonexistent name for failing to recognize that the acronym is "BARF."

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