Friday, April 22, 2005

$300,000,000,000.00

The Senate approved $81 billion dollars for wars in Iraq and Afghanistan in a spending bill that pushes the total cost of combat and reconstruction past $300-million.

Read here!

How much is the cost of the Iraq war alone costing us and how much is it costing your city? See for yourself here!

Does this seem like a little much? You can't remember these kinds of numbers by th Bush Inc. war machine?

Here's a look back:
- On September 15th 2002, White House economic advisor Lawrence Lindsay estimated the high limit on the cost to be 1-2% of GNP, or about $100-$200 billion. Mitch Daniels, Director of the Office of Management and Budget subsequently discounted this estimate as “very, very high” and stated that the costs would be between $50-$60 billion [Source: WSJ, “Bush Economic Aide Says Cost Of Iraq War May Top $100 Billion,” Davis 09/16/02; NYT, “Estimated Cost of Iraq War Reduced, Bumiller, 12/31/02; Reuters News, “Daniels sees U.S. Iraq war cost below $200 billion,” 09/18/02]

"When a reporter asked Daniels yesterday whether the administration was preparing to ask other countries to help defray possible Iraq war costs, as the United States did for the 1991 war, the budget director said he knew of no such plans. Other countries are having economic downturns of their own, he said," Budget Director Mitch Daniels [Source: Pittsburgh-Post Gazette, "Byrd attacks cost of possible Iraq War," McFeatters, 9/25/02]

“There’s just no reason that this can’t be an affordable endeavor," Budget Director Mitch Daniels [Source: Reuters, "U.S. Officials Play Down Iraq Reconstruction Needs, Entous, 4/11/03]

"The United States is committed to helping Iraq recover from the conflict, but Iraq will not require sustained aid," Budget Director Mitch Daniels [Source: Washington Post, 4/21/03]

"Well, the Office of Management and Budget, has come up with a number that's something under $50 billion for the cost. How much of that would be the U.S. burden, and how much would be other countries, is an open question," Defense Secretary Donald Rumsfeld [Source: Media Stakeout, 1/19/03]

"I don’t know that there is much reconstruction to do." [Source: Reuters, "U.S. Officials Play Down Iraq Reconstruction Needs," Defense Secretary Donald Rumsfeld [Entous, 4/11/03]

"I think it's necessary to preserve some ambiguity of exactly where the numbers are," Deputy Defense Secretary Paul Wolfowitz [Source: House Budget Committee, 2/27/03]

"Costs of any such intervention would be very small," Top Economist Adviser Glen Hubbard [Source: CNBC, 10/4/02]

"We don't anticipate requesting anything additional for the balance of this year," Budget Director Josh Bolten [Source: Congressional Testimony, 7/29/03]

"Well, the reconstruction costs remain a very -- an issue for the future. And Iraq, unlike Afghanistan, is a rather wealthy country. Iraq has tremendous resources that belong to the Iraqi people. And so there are a variety of means that Iraq has to be able to shoulder much of the burden for their own reconstruction," Press Secretary Ari Fleischer [Source: White House Press Briefing, 2/18/03]

"This is not Afghanistan…When we approach the question of Iraq, we realize here is a country which has a resource. And it’s obvious, it’s oil. And it can bring in and does bring in a certain amount of revenue each year…$10, $15, even $18 billion…this is not a broke country," Deputy Secretary of State Richard Armitage [Source: House Committee on Appropriations Hearing on a Supplemental War Regulation, 3/27/03]

"There’s a lot of money to pay for this that doesn’t have to be U.S. taxpayer money, and it starts with the assets of the Iraqi people...and on a rough recollection, the oil revenues of that country could bring between $50 and $100 billion over the course of the next two or three years…We’re dealing with a country that can really finance its own reconstruction, and relatively soon," Deputy Defense Secretary Paul Wolfowitz [Source: House Committee on Appropriations Hearing on a Supplemental War Regulation, 3/27/03]

"If you [Source: worry about just] the cost, the money, Iraq is a very different situation from Afghanistan…Iraq has oil. They have financial resources," Defense Secretary Donald Rumsfeld [Source: Fortune Magazine, Fall 2002]

"On the resource side, Iraq itself will rightly shoulder much of the responsibilities. Among the sources of revenue available are $1.7 billion in invested Iraqi assets, the found assets in Iraq…and unallocated oil-for-food money that will be deposited in the development fund," State Department Official Alan Larson [Source: Senate Foreign Relations Committee Hearing on Iraq Stabilization, 06/04/03]

"I don't believe that the United States has the responsibility for reconstruction, in a sense…[Reconstruction] funds can come from those various sources I mentioned: frozen assets, oil revenues and a variety of other things, including the Oil for Food, which has a very substantial number of billions of dollars in it," Defense Secretary Donald Rumsfeld [Source: Senate Appropriations Hearing, 3/27/03]

LIAR LIAR'S, PANTS ON FIRE, UNDERWEAR HANGING FROM AN TELEPHONE WIRE!!!

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