Odd: War Costs = Bailout Costs = $1 Trillion
Funny (or maybe not so funny) that the total
bail-out for Wall Street failures is almost exactly the same amount as we’ve
spent so far for the war in Iraq. That is, just under one TRILLION (with a
Makes you wonder:
What would you rather have – a war half-way across the world, or
a sound economy at home?
US bailout bill puts focus on worst-case scenarios
The tab for the government-backed rescues has
reached scary proportions, with commitments exceeding $900
billion and no end to the crisis in sight. A further $85 billion was
added to the tally with yesterday’s crisis loan to AIG.
U.S. CBO sees budget deficit rising next year
The Iraq war, another hot-button issue in the
campaigns, continues to contribute to the large deficits. CBO said
$858 billion has been spent on combat and related
operations in Iraq and Afghanistan since 2001, with most on the war in Iraq.
This raises a few questions.
Who the heck is making these decisions on how our taxes are spend?
Do we want to continue spending for war, or perhaps bring it home for our own
Which of the presidential candidates will make better choices with our money?