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Thanks, Dubya. $1,600,000,000,000

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Old 15-11.-2007, 12:45 AM   #16
limerickman
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by Bro Deal
Whatever happened to the real Republicans who claim to believe in smaller government and lower taxes?

http://news.yahoo.com/s/ap/20071113...go_co/war_costs

WASHINGTON - The economic costs of the wars in Iraq and Afghanistan are estimated to total $1.6 trillion — roughly double the amount the White House has requested thus far, according to a new report by Democrats on Congress' Joint Economic Committee. The report, released Tuesday, attempted to put a price tag on the two conflicts, including "hidden" costs such as interest payments on the money borrowed to pay for the wars, lost investment, the expense of long-term health care for injured veterans and the cost of oil market disruptions.



Ouch.


The total cost to the US for WW11 in todays valuation is : $4.9 trillion.
Seems that Bush is trying to beat that particular record.

I saw a very good feature on your CBS last night (the BBC shows your 7.00pm
newsbulletin).
The rate of suicides among US vets is rocketing according to CBS.
Age 20- 24 carries the highest rate of suicide for the period 1995 - 2007
Official figures show a much lower rate.
CBS has uncovered information showing that rates are actually far higher than official figures.

http://www.cbsnews.com/stories/2007...in3496471.shtml
__________________
.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF
morelike hypocrisy.

Last edited by limerickman : 15-11.-2007 at 01:09 AM.
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Old 15-11.-2007, 01:54 AM   #17
ndbiker
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by limerickman
Ouch.


The total cost to the US for WW11 in todays valuation is : $4.9 trillion.
Seems that Bush is trying to beat that particular record.

I saw a very good feature on your CBS last night (the BBC shows your 7.00pm
newsbulletin).
The rate of suicides among US vets is rocketing according to CBS.
Age 20- 24 carries the highest rate of suicide for the period 1995 - 2007
Official figures show a much lower rate.
CBS has uncovered information showing that rates are actually far higher than official figures.

http://www.cbsnews.com/stories/2007...in3496471.shtml

WASHINGTON - The economic costs of the wars in Iraq and Afghanistan are estimated to total $1.6 trillion — roughly double the amount the White House has requested thus far, according to a new report by Democrats on Congress' Joint Economic Committee. The report, released Tuesday, attempted to put a price tag on the two conflicts, including "hidden" costs such as interest payments on the money borrowed to pay for the wars, lost investment, the expense of long-term health care for injured veterans and the cost of oil market disruptions.

I believe your comparing apples to oranges. The above quote is including the opportunity costs of the war. I believe the costs you mentioned for WWII were actual costs. What one cannot calculate is the cost of inaction. How much misery could have been prevented if the Allied countries had stood up to Hitler in 1938 before he was able to completely remilitarize (Germany was not supposed to have a standing army after WWI)? I don't believe this is about oil. We (in the US) get nearly all of our oil from North American sources and only about 10% from the Middle East. I personally felt we (meaning the multinational force) should have gone back in in 1998 when Sadam kicked out the inspectors. We had the right according to the 1991 ceasefire, the means and it would not have given Iraq, Iran, Syria or anyone else five years and the opportunity to develop a nuclear campaign. If those in the middle east had seen that the alliance was serious about what it said to Sadam then they might take us more seriously when we say "NO nuclear weapons" to Iran now. This puts us in a much more dangerous position.

I have yet to meet someone who felt the world more secure with Sadam in power but I can understand the logic of those who feel we should not have gone to war when we did. I will also note that few of those who oppose our war in Iraq oppose our efforts in Aphganistan. I guess a question to be answered by each of us is are we more or less secure with the US having the military might it does?
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Old 15-11.-2007, 02:20 AM   #18
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by ndbiker
WASHINGTON - The economic costs of the wars in Iraq and Afghanistan are estimated to total $1.6 trillion — roughly double the amount the White House has requested thus far, according to a new report by Democrats on Congress' Joint Economic Committee. The report, released Tuesday, attempted to put a price tag on the two conflicts, including "hidden" costs such as interest payments on the money borrowed to pay for the wars, lost investment, the expense of long-term health care for injured veterans and the cost of oil market disruptions.

I believe your comparing apples to oranges. The above quote is including the opportunity costs of the war. I believe the costs you mentioned for WWII were actual costs.


WW11 costs were actual costs.



Quote:
Originally Posted by ndbiker
I don't believe this is about oil. We (in the US) get nearly all of our oil from North American sources and only about 10% from the Middle East. I personally felt we (meaning the multinational force) should have gone back in in 1998 when Sadam kicked out the inspectors. We had the right according to the 1991 ceasefire, the means and it would not have given Iraq, Iran, Syria or anyone else five years and the opportunity to develop a nuclear campaign. If those in the middle east had seen that the alliance was serious about what it said to Sadam then they might take us more seriously when we say "NO nuclear weapons" to Iran now. This puts us in a much more dangerous position.


It might well have been a good idea if your country had not decided to meddle with politics throughout the Middle East from 1946 onwards.

Quote:
Originally Posted by ndbiker

I have yet to meet someone who felt the world more secure with Sadam in power but I can understand the logic of those who feel we should not have gone to war when we did.


Iraq, under Saddam, was not a worldwide threat - Iraq wasn't even a regional threat.

USA gave Saddam military support, financial support, political support between 1979 -1991.


Quote:
Originally Posted by ndbiker
I guess a question to be answered by each of us is are we more or less secure with the US having the military might it does?


You country only goes to war, when it's in it's financial interest to do so.
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.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF
morelike hypocrisy.
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Old 15-11.-2007, 03:10 AM   #19
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Default Re: Thanks, Dubya. $1,600,000,000,000

[QUOTE=limerickman]It might well have been a good idea if your country had not decided to meddle with politics throughout the Middle East from 1946 onwards./QUOTE]

It would have been a good idea if many western and eastern bloc nations not meddled in middle east affairs. Seems that the British, French, Soviets all meddled as well. The British and French were meddling way before 1946.
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Old 15-11.-2007, 03:26 AM   #20
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by limerickman
WW11 costs were actual costs.





It might well have been a good idea if your country had not decided to meddle with politics throughout the Middle East from 1946 onwards.

Correct me if I'm wrong but the meddling in the middle east was taking place long before the US got involved. We were part of the alliance which created Isreal.



Iraq, under Saddam, was not a worldwide threat - Iraq wasn't even a regional threat.

Not a regional threat? Tell that to Kuwait.

USA gave Saddam military support, financial support, political support between 1979 -1991.

I agree we enabled Sadam. At the time we were paying much more attention to the Soviets and the conflagration with Iran (who had taken US hostages in 1979).



You country only goes to war, when it's in it's financial interest to do so.

We put the majority of our gross national product to bare in WWII for mere financial gain? We developed the defeated countries and those of our allies after the war for mere financial gain? We spent trillions in the cold war for mere financial gain? We spent billions and thousands of lost lives in Korea for mere financial gain? I have to respectfully disagree with your statement.
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Old 15-11.-2007, 03:32 AM   #21
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by Colorado Ryder

It would have been a good idea if many western and eastern bloc nations not meddled in middle east affairs. Seems that the British, French, Soviets all meddled as well. The British and French were meddling way before 1946.


...............well when any British/French/Soviet based members try excusing their country's foreign policy in the Middle East, we will bring this to their attention.
OK?
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.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF
morelike hypocrisy.
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Old 15-11.-2007, 03:39 AM   #22
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by limerickman
...............well when any British/French/Soviet based members try excusing their country's foreign policy in the Middle East, we will bring this to their attention.
OK?

It doesn't matter if someone is excusing any actions. Wouldn't you want to disclose all the facts or just cherry pick those for your argument?

Sure. Blame American involvement and dismiss any european meddling in the world. European involvement is just as responsible as American involvement in creating the mess that that is the middle east.
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Old 15-11.-2007, 03:40 AM   #23
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by ndbiker
We put the majority of our gross national product to bare in WWII for mere financial gain? .


You only joined the war when you were bombed at Pearl Harbour.
Before that you managed to do very well out of the war in Europe - in commercial terms.

Quote:
Originally Posted by ndbiker
We developed the defeated countries and those of our allies after the war for mere financial gain? .


This is incorrect.
Your country invested in the defeated nations out of self interest, not benevolence.

The British only paid off their debt (with interest 5% annualised since 1945) to you last year.
And money given in loans or development aid came with conditions and/or was repaid in full with interest.

Quote:
Originally Posted by ndbiker
We spent trillions in the cold war for mere financial gain? .


You spent trillions that directly funded your armaments industry, as a result of the Cold War.
__________________
.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF
morelike hypocrisy.
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Old 15-11.-2007, 03:45 AM   #24
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by Colorado Ryder
It doesn't matter if someone is excusing any actions. Wouldn't you want to disclose all the facts or just cherry pick those for your argument?


Until someone from the soviet union or Europe starts going on about how their country's actions make a region more secure, I'd be happy to confront them.
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.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF
morelike hypocrisy.
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Old 15-11.-2007, 03:52 AM   #25
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by limerickman
This is incorrect. Your country invested in the defeated nations out of self interest, not benevolence.

Partially true. Several reasons why the US helped Europe get back on its feet.
Some political and some economical. The US did not wish to see Soviet influence expand into western Europe. The US did not want to see the europeans make the same mistakes as they did at the end of WW1.(treaty of Versailles) and yes it was a chance for US economic interest to gain by increasing marketshare. Besides who else could have provided aid on the level that was needed?
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Old 15-11.-2007, 03:53 AM   #26
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by limerickman
Until someone from the soviet union or Europe starts going on about how their country's actions make a region more secure, I'd be happy to confront them.

I'm sure you will.
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Old 15-11.-2007, 04:04 AM   #27
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by Colorado Ryder
Partially true. Several reasons why the US helped Europe get back on its feet.
Some political and some economical. The US did not wish to see Soviet influence expand into western Europe. The US did not want to see the europeans make the same mistakes as they did at the end of WW1.(treaty of Versailles) and yes it was a chance for US economic interest to gain by increasing marketshare. Besides who else could have provided aid on the level that was needed?


There were several factors as to why USA did makes loans to Europe.
Primarily the USA made loans, with interest, to Europe.
Those loans came with pre-conditions such as agreements to allow US companies develop in Europe.
(Coca-Cola for example, was allowed to expand unfettered).

Also the USA was extremely concerned that countries like Germany and France could become part of the Soviet Union.
(Which begs the question - knowing that Stalin had wiped out millions of his own people - why did UK and USA make an alliance with such a monster?)

If the USA had not funded Europe, who would have??
Like pevious wars, you'd find that the funding for reconstruction would come from all those helpful international bankers like Barings/Rothchilds/etc who funded wars and reconstructions previously.
banks are only too happy to find the reconstruction of countries.
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.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF
morelike hypocrisy.
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Old 15-11.-2007, 04:19 AM   #28
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by limerickman
There were several factors as to why USA did makes loans to Europe.
Primarily the USA made loans, with interest, to Europe.
Those loans came with pre-conditions such as agreements to allow US companies develop in Europe.
(Coca-Cola for example, was allowed to expand unfettered).

Is that really a problem? Europe was the direct cause of 2 world wars. It would only be fair to pay for your recovery.

Quote:
Originally Posted by limerickman
(Which begs the question - knowing that Stalin had wiped out millions of his own people - why did UK and USA make an alliance with such a monster?)

Hitler was viewed as the greater and more immediate threat. My choice would have been to let the Nazis and Soviets fight it out. The Soviets got what they deserved. They made a pact with Hitler and partition Poland. They made a pact with the devil and they paid a heavy price for it.

Quote:
Originally Posted by limerickman
If the USA had not funded Europe, who would have??
Like pevious wars, you'd find that the funding for reconstruction would come from all those helpful international bankers like Barings/Rothchilds/etc who funded wars and reconstructions previously.
banks are only too happy to find the reconstruction of countries.

The Marshall plan was not the only recovery project. It did give western Europe the political and economic stability it needed to recover though.
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Old 15-11.-2007, 05:47 AM   #29
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by limerickman
You only joined the war when you were bombed at Pearl Harbour.
Before that you managed to do very well out of the war in Europe - in commercial terms.

I would hardly call it VERY well. While I am sure the arms we sold (via lend/lease) to Britain didn't hurt we were still fighting to get out of a depression. If we went to war only for financial gain I'm sure we could have become involved much earlier.



This is incorrect.
Your country invested in the defeated nations out of self interest, not benevolence.

Self interest? Some perhaps, but there were lessons learned after the debacle that was the Treaty of Versailles. One is don't crush your enemy after they have given up. If you lift them up it is much less likely a despot offering redemption will rise up. So if self interest also means developing security I'll agree. The attitude of Roosevelt and Churchill saved western Europe and Japan. You saw what the Soviet regime did to Eastern Europe.

The British only paid off their debt (with interest 5% annualised since 1945) to you last year.
And money given in loans or development aid came with conditions and/or was repaid in full with interest.

Thank you. Many have debts that may never be paid.



You spent trillions that directly funded your armaments industry, as a result of the Cold War.

I am certain we did not instigate a cold war merely to fund our arms industry. Flare ups in Korea, Cambodia, and Viet Nam were not started by the US. However, the last major arms build up during the Reagan years did result in the fall of the Soviet Union. Would Europe have been willing to stand up to the communist threat if the US had chosen to ignore it? Or, as before WWII, would they have said we should negotiate until the tanks were rolling down their streets?
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Old 15-11.-2007, 05:53 AM   #30
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Default Re: Thanks, Dubya. $1,600,000,000,000

Quote:
Originally Posted by Bro Deal
Whatever happened to the real Republicans who claim to believe in smaller government and lower taxes?

http://news.yahoo.com/s/ap/20071113...go_co/war_costs

WASHINGTON - The economic costs of the wars in Iraq and Afghanistan are estimated to total $1.6 trillion — roughly double the amount the White House has requested thus far, according to a new report by Democrats on Congress' Joint Economic Committee. The report, released Tuesday, attempted to put a price tag on the two conflicts, including "hidden" costs such as interest payments on the money borrowed to pay for the wars, lost investment, the expense of long-term health care for injured veterans and the cost of oil market disruptions.
Not picking at your premise or the point you are trying to make but I have a question. I would rather fight terrorism by not letting terrorists in the country ie seal the borders. Too simple?
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