Sunday, March 02, 2008

Three Trillion Dollars...Holy Cow!!!

Whenever Weird Wally hears anyone from the Bush Cheney administration insist that all Americans must “support our troops,” WW wants to scream. Although WW supports our troops, he does have problems supporting Halliburton and the many no-bid private contractors who actually get most of the money.

Perhaps, “Support our private war contractors,” might be closer to the truth. Unlikely that anyone would want to hear that kind of talk.   But then again, there was a lot that WW and the rest of us weren't told when we first got roped into this mess.

For more on the little known facts of how the Iraq Occupation affects our economy, view the Amy Goodman interview with Joseph Stiglitz.

EXCLUSIVE–The Three Trillion Dollar War: Nobel Laureate Joseph Stiglitz and Harvard Economist Linda Bilmes on the True Cost of the US Invasion and Occupation of Iraq

One week after President Bush rejected charges the war in Iraq has hurt the US economy, a new book puts a conservative estimate of the war’s cost at $3 trillion so far. In their first national broadcast interview upon their book’s publication, Nobel laureate and former chief World Bank economist, Joseph Stiglitz, and co-author Linda Bilmes of Harvard University say the Bush administration has repeatedly low-balled the cost of the war—and even kept a second set of records hidden from the American public. [includes rush transcript]

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