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Can we get a chain e-mail going re: Iraq costs?

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LuckyTheDog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-12-08 02:27 PM
Original message
Can we get a chain e-mail going re: Iraq costs?
Edited on Wed Mar-12-08 02:31 PM by LuckyTheDog
Everyone in your e-mail address books needs to see this. It's pretty shocking:

---------------------------------

The former World Bank vice-president yesterday said the war had, so far, cost the US something like US3trillion ($3.3 trillion) compared with the $US50-$US60-billion predicted in 2003.

(snip)

Professor Stiglitz told the Chatham House think tank in London that the Bush White House was currently estimating the cost of the war at about $US500 billion, but that figure massively understated things such as the medical and welfare costs of US military servicemen.

The war was now the second-most expensive in US history after World War II and the second-longest after Vietnam, he said.

The spending on Iraq was a hidden cause of the current credit crunch because the US central bank responded to the massive financial drain of the war by flooding the American economy with cheap credit.

Click here for more.


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LuckyTheDog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 09:52 AM
Response to Original message
1. Anybody e-mail this?
I just thought it would be nice to have ONE chain e-mail in circulation that was not promoting right-wing lies.
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