It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Report: War Costing US $12 Billion a Month

page: 1
3
<<   2 >>

log in

join
share:

posted on Jul, 10 2007 @ 12:15 AM
link   

Report: War Costing US $12 Billion a Month


sfgate.com

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.
(visit the link for the full news article)




posted on Jul, 10 2007 @ 12:15 AM
link   
I hope that someone saved the recip. So what exactly is our 12 billion getting us here? Stable democracy in the ME? Or simply more body bags in a futile effort as well as debt for our children to take care of?

Also left out of this is that equipment is wearing out at a fantastic rate and will have to be replaced to simply maintain capacity. Also the forced extensions of enlisitment and the virtual non stop deployment of guard units will make staffing the post Iraq armed forced harder than it is now.

sfgate.com
(visit the link for the full news article)



posted on Jul, 10 2007 @ 12:44 AM
link   
Absolutely ridiculous...and with all this money spent, we are no closer to Bin Laden, and to make matters worse there are more terrorists now then there were before. Wonderful job the Neocons have done. As you can see they are holding true to the republican line of spending less...the only thing is they are just spending slightly less then what is necessary to bankrupt the USA



posted on Jul, 10 2007 @ 01:03 AM
link   
Actually the article points out that we are reachign the total amount spent on the Vietnam war. The big difference here is tha the VietCong were satisfied to get thier country back and never really made an effort to go after the US at home.



posted on Jul, 10 2007 @ 01:03 AM
link   
Actually the article points out that we are reachign the total amount spent on the Vietnam war. The big difference here is tha the VietCong were satisfied to get thier country back and never really made an effort to go after the US at home.



posted on Jul, 10 2007 @ 01:18 AM
link   
Twelve billion dollars buys you little or no reconstruction in the more stable parts of Afghanistan an continuation of the cycle which adds up to Corporate Socialism. Since you phoned in within the the first thirty minutes we will throw in wide spread corruption and gross conflict of interest across the political spectrum.



posted on Jul, 10 2007 @ 06:15 AM
link   
This is what jumped out at me:


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.


Requesting more money?

This may indicate Bush has no intention of withdrawing troops anytime soon?

Also, I would love to see who is getting the majority of that money... Carlyle Group by any chance?


How will President George W. Bush personally make millions (if not billions) from the War on Terror and Iraq? The old fashioned way. He'll inherit it. Meet The Carlyle Group
Former World Leaders and Washington Insiders Making Billions in the War on Terrorism

source



posted on Jul, 10 2007 @ 06:50 AM
link   
Id like to see the amounts the corporate assets tied to the government are earning...
12 Billion a month is a lot of security back home
12 Billion a month is a lot for environmental research
12 Billion a month is a lot fo research into renewable energy

pitty that 12 billion is flooding the American ecnonomy ( like printing notes ) just to line pockets of the elite, whom are all involved in Iraq.



posted on Jul, 10 2007 @ 06:58 AM
link   
When looking at iraq, people forget how long the west took to become stabel. These countires are not done overnight, it takes generations for people to change ways.

Just look how long it has taken for europeans to live next to each other without starting wars(i am sure dodgy stuff still goes on between member states, but nothing public). America has loads of money so it really does not matter, for us non americans america can fund this war for as long as it takes.

Rome was not built in a day etcc....



posted on Jul, 10 2007 @ 07:30 AM
link   

Originally posted by andy1033
America has loads of money so it really does not matter, for us non americans america can fund this war for as long as it takes.


Actually, that's not entirely true.

I think Americans do mind to 'fund this war for as long as it takes', and it's their opinion that counts not yours non-american opinion, as you point out.



posted on Jul, 10 2007 @ 08:45 AM
link   
I just watched The Ultimate Con, interesting that 2.3 Trillion dollars cannot be traced... unaccounted for...

thats a lot of money!

sheeeeeesh... a lot of money...



posted on Jul, 10 2007 @ 08:47 AM
link   

Originally posted by danx

Originally posted by andy1033
America has loads of money so it really does not matter, for us non americans america can fund this war for as long as it takes.


Actually, that's not entirely true.

I think Americans do mind to 'fund this war for as long as it takes', and it's their opinion that counts not yours non-american opinion, as you point out.


lol, why would it matter to the rest of us how much america spends. Its probably like money laundering where it ends up in the elites hands anyway.



posted on Jul, 10 2007 @ 08:54 AM
link   
Actually the money to finance this war is coming from China, China is financing our debt right now and that is what is paying for war.

So as our nation goes into debt that will be the legacy for generations of American to pay, the profiteers of war are making a killing with this war and reaping the benefits as we speak everyday.

A shame isn't it.



posted on Jul, 10 2007 @ 08:57 AM
link   

Originally posted by marg6043
Actually the money to finance this war is coming from China, China is financing our debt right now and that is what is paying for war.


Hi,
could you provide some info regarding this? I haven't ever heard of this.

any links/sources?

cheers



posted on Jul, 10 2007 @ 09:26 AM
link   
do a search for `china to dump the dollar`

or

www.usatoday.com...

and

www.bloomberg.com...

was 2005


China was the second-biggest investor at $252.2 billion, or 12 percent of the overseas total


en.wikipedia.org...

the debt clock shows that each american family owes $90,000.



posted on Jul, 10 2007 @ 09:31 AM
link   

Originally posted by NJE777

Hi,
could you provide some info regarding this? I haven't ever heard of this.

any links/sources?

cheers


www.chinalyst.net...

rennypolis.squarespace.com...

www.economyincrisis.org...

Related threads

www.abovetopsecret.com...

www.abovetopsecret.com...



posted on Jul, 10 2007 @ 09:32 AM
link   
thanks for the links


As I clicked on the first source, I thought ... the plot thickens!

Nothing is straight forward these days.




edit - thanks x 2


[edit on 10-7-2007 by NJE777]



posted on Jul, 10 2007 @ 09:32 PM
link   
man am I glad none of you where around in the 1940's!

Their wouldnt even be a place like this (ATS) if hitler would have gotten his way.

Even though any death is a tragic loss, how would all of you dealt with the numbers of iwo jima?? You all get in an uproar with one or two a day, how would you react to 1000's in a day? Yet that was the cost for our way of life today! The reason you have the ability to complain about the war here and now.

As sad as it is, you cant solve the worlds problems with a hug.

Thats just the truth.



posted on Jul, 10 2007 @ 10:17 PM
link   

Originally posted by redseal
man am I glad none of you where around in the 1940's!

Um, yeah, thanks? Im glad you were? I guess? I dont know.


Their wouldnt even be a place like this (ATS) if hitler would have gotten his way.

WoW, you know, you might be right, but you could just as easily be wrong.
Nobody knows what 'might' have been, nobody. Speculation about events six decades ago and how they 'might' have changed the world are just plain silly.



Even though any death is a tragic loss, how would all of you dealt with the numbers of iwo jima?? You all get in an uproar with one or two a day, how would you react to 1000's in a day? Yet that was the cost for our way of life today! The reason you have the ability to complain about the war here and now.

That paragraph is so messed up Im only gonna touch the last half of it.
The 'cost' of my way of life IS NOT one or two of my brethren daily.
My brothers dying daily in a foreign land DOES NOT give me the 'ability to complain' as you so eloquently put it.
Its very simple.
Iraq had NOTHING to do with 911.
Iraq had NO WMD.
Iraq never posed any kind of danger to us.
and most importantly, Iraq has nothing to do with my right or my ability to tell you and every other American that the war ON Iraq is wrong.


As sad as it is, you cant solve the worlds problems with a hug.


Let me guess, you CAN solve the worlds problems with a gun?





apc

posted on Jul, 10 2007 @ 10:18 PM
link   
I'm guessing they didn't account for inflation with the Vietnam War reference. 500 billion in 1975 would compare to about 640 billion today. Still a metric buttload of money, but worth noting.

Congress won't cut funding because they are just as complacent in this as the White House. The members that aren't simply spineless, that is.

It is a shame though that the six-week cost of the war is about the budget for NASA.



new topics

top topics



 
3
<<   2 >>

log in

join