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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (161143)2/15/2003 3:47:02 PM
From: hmaly  Read Replies (2) of 1576214
 
Ted Re...And once we do get the wells producing, can you imagine the global outcry when we try to dip into the "Iraqi legacy" even if it is to help the Iraqis.

What legacy are you talking about? Who else would normally pay for fixing up what they own. Its not like the europeans will be there and have a right to the money. The Iraq provisional gov. has every right to spend their money as they see fit.

Based on the numbers below, I estimate conservatively this war will cost us at least $139 billion.

$139 billion is peanuts. How much does Saddam spend every yr. on his palaces. The simple fact is 9/11 cost us trillions. A 1% reduction in the US growth rate costs us 100 bil. Our economy will stagnate until Iraq is taken care of. So if we wait a yr. to go, it would cost us more than $300 bil, in lost growth, just to wait. In addition, if we can get the terrorist out of the middle east, the growth there could be phenomenal, so to do nothing costs more the longer we wait. Ten yrs and we will be another Japan.
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