Tuesday, March 25, 2003

The Bush administration is expected to ask Congress for $74.7bn (�47.5bn) to pay for the war. (the BBC)

Paying for the Iraq war
Military operations: $44bn
Call up of reserves: $10bn
Munitions: $6.5bn
Reconstruction: $1.7bn
Humanitarian aid: $500m
FBI: $500m
Coast Guard: $1.5bn
Afghanistan aid: $400m
Aid to Israel: $10bn
Aid to Jordan, Egypt: $1bn each
source: OMB, Congress
(@) I think Mr. Bush should ask his "daddie"
if he wants a blank cheque, umm?

(@) Also, don't you think giving
Israel $10 bil is little steep?

(@) The government's budgetary deficit
already stands at $300 bil, sans any war expenditure.

(@) Why is the US sprnding so much?
The annual returns from the oil in Iraq are $25 bil


Now, investment recovery in 4 years? If I was a heartless venture capitalist, I would invest in this with my eyes closed. Bastards.

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