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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: haqihana who wrote (748092)	8/21/2006 11:29:08 AM
From: DuckTapeSunroof	Respond to of 769667

Wrong. Report is by the Congressional Research Service, Congress’s nonpartisan public policy research arm. THEY are the one's determining that Iraq is costing us $8 Billion per month now. (Times was just one --- of many --- newspapers to run an article about the C.R.S.'s financial analysis.)

To: haqihana who wrote (748092)	8/21/2006 1:05:13 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769667

'Too much' CASH? (The US spends $8 Billion a month just on Iraq --- all borrowed and all in addition to the rest of our massive federal borrowing --- while China ADDS $20 Billion a month to it's foreign reserves): Too Much Of A Good Thing Shu-Ching Jean Chen 08.21.06, 6:00 AM ET China has a problem that seems enviable: It's sitting on a mountain of cash. It has amassed nearly $1 trillion in foreign currencies in just a few years by becoming the exporter of choice for all kinds of manufactured goods, which it produces at a far lower cost than would be possible in more developed economies. forbes.com