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Old 07-09-2007, 05:28 PM   #1
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Not to get overly political on GS, but...

I'm pretty sure there are better things to do with $12,000,000,000/MONTH ($610,000,000,000 since 9/11) than this...

Think we could solve our energy situation with this much backing? Or maybe do some sort of *hack* good in the world?

P.S. If I did my math right, we (that includes you and I) spend $16,440,000 an hour... for "security".
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Yahoo! News

Report: Wars cost US $12 billion a month

By ANDREW TAYLOR, Associated Press Writer1 hour, 33 minutes ago

The boost in troop levels in Iraq has increased the cost of war there and in Afghanistan to $12 billion a month, and the total for Iraq alone is nearing a half-trillion dollars, congressional analysts say.

All told, Congress has appropriated $610 billion in war-related money since the Sept. 11, 2001, terror assaults, roughly the same as the war in Vietnam. Iraq alone has cost $450 billion.

The figures come from the nonpartisan Congressional Research Service, which provides research and analysis to lawmakers.

For the 2007 budget year, CRS says, the $166 billion appropriated to the Pentagon represents a 40 percent increase over 2006.

The Vietnam War, after accounting for inflation, cost taxpayers $650 billion, according to separate CRS estimates.

The $12 billion a month "burn rate" includes $10 billion for Iraq and almost $2 billion for Afghanistan, plus other minor costs. That's higher than Pentagon estimates earlier this year of $10 billion a month for both operations. Two years ago, the average monthly cost was about $8 billion.

Among the reasons for the higher costs is the cost of repairing and replacing equipment worn out in harsh conditions or destroyed in combat.

But the estimates call into question the Pentagon's estimate that the increase in troop strength and intensifying pace of operations in Baghdad and Anbar province would cost only $5.6 billion through the end of September.

If Congress approves President Bush's pending request for another $147 billion for the budget year starting Oct. 1, the total bill for the war on terror since Sept. 11 would reach more than three-fourths of a trillion dollars, with appropriations for Iraq reaching $567 billion.

Also, if the increase in war tempo continues beyond September, the Pentagon's request "would presumably be inadequate," CRS said.

The latest estimates come as support for the war in Iraq among Bush's GOP allies in Congress is beginning to erode. Senior Republicans such as Pete Domenici of New Mexico and Richard Lugar of Indiana have called for a shift in strategy in Iraq and a battle over funding the war will resume in September, when Democrats in Congress begin work on a funding bill for the war.

Congress approved $99 billion in war funding in May after a protracted battle and a Bush veto of an earlier measure over Democrats' attempt to set a timeline for withdrawing U.S. combat troops from Iraq.

The report faults the Pentagon for using the Iraq war as a pretext for boosting the Pentagon's non-war budget by costs such as procurement, increasing the size of the military and procurement of replacement aircraft as war-related items.

The new estimate comes as the White House and Democrats are fighting over spending bills for next year. That battle is over about $22 billion — almost the cost of two months' fighting in Iraq.

"Think about what $10 billion a month would mean to protecting Americans from terrorism, improving security at our ports and airports, and increasing border security," said House Speaker Nancy Pelosi, D-Calif.
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Old 07-09-2007, 06:21 PM   #2
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Not that my opinion matters ...much - To heck with the Global Economy , close the doors & let the rest of the world solve their own problems .
oops <end rant> back to my cave ...
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Old 07-09-2007, 06:26 PM   #3
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The wasted money on these illegal, immoral, unethical, unjust wars is f*&#en sickening, all for this smokescreen called "war on terror." I'm sure the nearly one million innocent Iraqis killed since the start of Bushevik's imperialist crusade would say the same thing if they were still alive to speak for themselves.
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Old 07-09-2007, 06:39 PM   #4
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The problem is they wouldn't say it ...rather they weren't allowed to even before this war . Freedom has its price - they should have reached out and got it for themselves .
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Old 07-09-2007, 06:53 PM   #5
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Here's a good cost reminder for ya.
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Old 07-09-2007, 06:53 PM   #6
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http://costofwar.com/
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Old 07-09-2007, 06:57 PM   #7
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Wow...

I had to double check the timestamps on that one - what're the chances of us both posting the same link at the same time?
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Old 07-09-2007, 07:02 PM   #8
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We lost approximately 2900 people in the attacks on Sept 11th. We lose that many people because of bad drivers every single month on America's roads. Why isn't there a War on Bad Driving?
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Old 07-09-2007, 07:14 PM   #9
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<sarcastic>I know I sure feel safer.</sarcastic>

From BloggerNews.net
Quote:
When Congress passes the next appropriation for the wars, it will push the total spending up to three quarters of a trillion dollars. Think about what can be done with $750 billion. We could fix the health care problem, and give tax cuts. We could start new programs to encourage small business growth and development in struggling areas. We could build better schools, or fix our crumbling infrastructure. With that kind of money, the sky really is the limit. Instead, what we are really getting for our money are dead and broken soldiers. We are earning the hatred of an entire region of the world, a region which wasn?t too crazy about us to begin with.
Sure, but I wouldn't limit it to a single region of the world. We're manufacturing enemies everywhere.

It's very telling that while we're bleeding $144/yr from the treasury, companies like ExxonMobil are making $30B/yr in PROFIT. Is that an unrelated accident? It seems like it would be cheaper just to give them the money directly.

It's even more apalling that Bush has now surpassed Bin Laden in killing Americans.
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Old 07-10-2007, 12:27 PM   #10
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Originally Posted by theclencher View Post
I really think leaders measure their success by how many "commoners" they kill off- it's like a feather in his cap.

When I first read the article I thought, if we spent sixteen and a half million dollars per hour on alternative energy infrastructure, we'd have a good chunk of that out of the way and would be well on our way to kissing the middle east goodbye...
Not only that, but we'd have technology and/or products we could export for a change. It'd be one of the best things we could ever do for a world-source of energy, economic stability, and national security. It might even let a few reservists live long enough to see their own kids grow up.

But then I have to remember that there's an endless supply of greedy FUD keeping the right things from happening.
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