Tuesday, January 25, 2005

Another $80 Billion

Here we go again with another request for some additional $80 billion from the White House to support the current wars. Of course, who are we kidding? While the money is for the support of all the current wars, we ALL know that it is really going for the cost of the day to day battle with the insurgents over there in Iraq.

I do seem to recall that before the invasion of Iraq was to begin, White House economic adviser Lawrence Lindsey estimated Iraq costs at $100 billion to $200 billion, he was first ridiculed by the Administration and then later fired. So now the Army plans to keep at least 120,000 troops in Iraq for the next two years to train and fight alongside Iraqi forces against insurgents, a sign massive funding requests will be needed in future years--an occupation that according to the Congressional Budget Office can cost up to $9 billion a month.

No wonder we are fed the line that the Social Security is in trouble... With spenditure like this and a deficit that is ballooning to more than $400 trillion, I think not only Social Security is in danger, but the entire America way of life is on the verge of being affected.

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