Another 50 Billion Bucks-Who Cares…chump change I guess!


According to the Washington Post, well now President Bush wants another 50 Billion to continue the Mess-o-Potamia.  So far 450 billion dollars have been already spent.  Now, we will have to just add another 50 billion to the tab.

The Post adds that this is just the supplementary request–which would come on top of about $460 billion in the fiscal 2008 defense budget and $147 billion in a pending supplemental bill to fund the wars in Afghanistan and Iraq — is expected to be announced after congressional hearings scheduled for mid-September featuring General Petraeus and Ambassador Ryan Crocker.

 By the time the American and other international troops draw down from Iraq, whenever that happens, the United States would have spent one trillion dollars (1,000,000,000,000), i.e., 1,000 billion dollars.  Can you imagine the opportunity cost of this war?  Imagine if this money were to spend on health care, education, roads, of course my pet peeve rebuilding the American National Railways.  Well, the Amtrak is a real shame…have you seen the railway systems of Germany and France? 

Both General Petraeus and Ambassador Crocker are expected to argue that the surge is working well.  But, we all know that Iraq is hemmoraging in sectarian violence.  However, don’t expect a drawdown of American troops either because that would be politically unsustainable given that we are in the midst of the next election cycle.  Besides, if quick pull out it would attempt it would entail another set of problems. Well, are you ready for the long haul?  This is one mess that is likely to stick with us for a very long time.


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