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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (56884)	9/22/2006 3:26:43 PM
From: mishedlo	Read Replies (2) of 116555

$70 billion more OK'd for Afghan, Iraq wars WASHINGTON — House-Senate negotiators Thursday approved a new $70 billion infusion for military operations in Iraq and Afghanistan as they wrapped up talks on a $447 billion Pentagon funding bill. The additional war funds would bring the total approved by Congress for the wars in Iraq and Afghanistan since Sept. 11, 2001, to more than $500 billion, with another installment likely to come next spring. seattletimes.nwsource.com .... We have now officially wasted 1/2 trillion dollars in this fisaco. That is what they admit to. Given the nature of off book crapola I think the figure is now 3/4 trillion! What a waste. Anyone rememeber when an administration official was fired for proposing the war might cost as much as a 100 billion? The nonsense from Rumsfeld at the time was at most $40 billion with oil revenues to potentially pay for all of that. Well done Bush! Mish

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