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The Bush Economy Stinks...and Sinks
"basskisser" wrote in message om... "Joe" wrote in message . .. Exactly! What I love is this, I told Joe and Shelikoff that the war in Iraq cost us 9 billion a day. They can't figure out how that could possibly be true. So far, I've not told them, waiting to see if they ever stop and think about that $800 billion. Doesn't take a rocket scientist! Enlighten us Kevin. Just post ANY documentation that the cost of the war is 9 billion a day. Just tell me you're too stupid to do any meaningful research, and yes, I will do it for you. The war lasted approx. 65 days. Referring to the reasons behind America's attack on Iraq, the legislator said that "oil is not the main factor." He is convinced that Washington purses geopolitical objectives and says that the war in Iraq and its post-war reconstruction will cost the US about $100 billion.... So, that is 100 billion to rebuild what we've smashed, following so far? See, it's not hard. Now the tricky part (at least for you). The total estimate is around 491 billion. Links please Now, the Pentagon is estimating (they have to estimate because bills are still coming in, and will be for a long time) that misc. awards, claims, and payouts will reach 30 billion. Pending contracts........60 billion and rising. Iraq has international debt that must be paid. World Bank/Bank for International Settlements puts the figure at $127.7 billion, including $47 billion for accrued interest. Think oil will pay for this? Wrong, it will be YEARS before Iraqi oil is once again operating in the blue. Okay, we have $491 + $60 + $127.7 = $678.7 billion dollars....agree? Now, we simply divide by the number of days of war, okay? Again, I'm not quite sure when Bush declared the war over, so I'm saying 65 days. If that number is incorrect, tell me the number, and I'll revise the math so that you'll understand. So $168.7 billion / 65 = $10.442 billion dollars. Knowing that these are government estimates, I rounded down to an even $9 billion. I hope that this clears the overall scope to you so that you'll understand the TRUE cost of the war. You said: " True enough. Fact is, the cost of the war is far from over. You must understand that it's not just the 9 billion a day we are spending DIRECTLY on the war, but there are many, many peripheral costs involved" You are now trying to use very suspect estimates of "peripheral costs" to try to validate your asinine statement of "9 billion a day spent DIRECTLY on the war" Note, DIRECTLY in caps by you, not me. You're an idiot. |