ZadPolBlog

Monday, October 23, 2006

Ongoing cost of dubya's war

Except for the neocon pre-war propaganda before the war against Iraq, everybody knew it was going to be a huge expense. Little did most folk realize just how blatantly dubya's war (not to be confused with the war on terror - that's in Afghanistan and the US has all but given that up) was going to line the pockets of his friends.

We've all heard about the fleecing of the government by all the Halliburtons over there (remember, they were caught red-handed charging YOU millions for services never performed, and the Bush administration paid the fraudulent bill and then gave them more money). But just how bad is it? $1,200,000,000 was taken from US taxpayers and earmarked for buying the Iraqis new weaponry. While it seems like a bad idea to me to throw over a billion dollars of weaponry into the middle of a civil war, it gets even worse. $400,000,000 of that money was used to purchase outdated equipment, most of which could not be used. The rest of the US taxpayer money, $800,000,000, simply disappeared. That's right, somewhere between the Republicans holding the pursestrings, the US defense contractors that were supposed to supply new weapons to Iraq, and the US installed and backed Iraqi government, is simply went missing.

Thanks to the reckless spending of the Bush administration, the bonanza of wealth given to their friends, and the tax burden shift from the wealthy to the non-wealthy, US citizens are facing perhaps multiple generations of debt. This $1.2B fraud is just one of dubya's economic facets.

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