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Old 05-26-2008, 05:36 PM
 
994 posts, read 1,544,695 times
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Quote:
Originally Posted by pghquest View Post
That would only be a valid argument, if we spent three trillion.. which we havent...
We will have spent WELL OVER 3 trillion, after all the costs of this stupid war are counted.
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Old 05-26-2008, 05:44 PM
 
69,368 posts, read 64,108,083 times
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Quote:
Originally Posted by gorgeet View Post
We will have spent WELL OVER 3 trillion, after all the costs of this stupid war are counted.
We've gone through this already. We have NOT spent 3 TRILLION on the war.

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Old 05-26-2008, 05:49 PM
 
994 posts, read 1,544,695 times
Reputation: 148
Quote:
Originally Posted by pghquest View Post
We've gone through this already. We have NOT spent 3 TRILLION on the war.

Thanks, but I think I'll take the word of a Nobel Laureate over you.

Democracy Now! | EXCLUSIVE - The Three Trillion Dollar War: Nobel Laureate Joseph Stiglitz and Harvard Economist Linda Bilmes on the True Cost of the US Invasion and Occupation of Iraq
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Old 05-26-2008, 05:51 PM
 
Location: Raleigh, NC
9,059 posts, read 12,971,196 times
Reputation: 1401
Quote:
Originally Posted by pghquest View Post
We've gone through this already. We have NOT spent 3 TRILLION on the war.

When you buy a 300K house with a $1500/mo mortgage, you can say you spent only about 20K the first year, but the total committed cost is well over 300K with interest.

This argument is the same flawed one that says we only have 9T in debt when we're on the hook for over 50T with Medicare and SS.
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Old 05-26-2008, 06:00 PM
 
69,368 posts, read 64,108,083 times
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ooh if its in a book, then it must be true!!

You do understand that my chart comes directly from the Congress appropriate bills and spending, and is a Democratic funded website..

Cost of Iraq War 2008
http://zfacts.com/p/945.html (broken link)

I find it even funnier, that your link lists a "secret records", ooh another conspiracy statement.. shhh, dont tell anyone but the Democrats are meeting at 4 am to pass secret appropriation bills and not telling anyone..

Last edited by pghquest; 05-26-2008 at 06:18 PM..
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Old 05-26-2008, 06:06 PM
 
69,368 posts, read 64,108,083 times
Reputation: 9383
Quote:
Originally Posted by ViewFromThePeak View Post
When you buy a 300K house with a $1500/mo mortgage, you can say you spent only about 20K the first year, but the total committed cost is well over 300K with interest.

This argument is the same flawed one that says we only have 9T in debt when we're on the hook for over 50T with Medicare and SS.
Amortize the true amount we have spent on the war, $540billion, over 30 years, at 5% interest (which is more then sufficient considering the government dictates interest rates) and you get

$1,043,581,000,000.24 the war will cost us

This is assuming that we have to amortize this out a full 30 years. This debt could be paid off if the government had a good year or two, (doubtful) but 30 years is generous..
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Old 05-26-2008, 06:33 PM
 
Location: Raleigh, NC
9,059 posts, read 12,971,196 times
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Quote:
Originally Posted by pghquest View Post
...considering the government dictates interest rates
Now that's funny!

Government dictates interest rates .

No sir, I believe the Saudis, Japanese and Chinese will be doing that for us.
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Old 05-26-2008, 06:33 PM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,870,208 times
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Wasn't the figure for BOTH the war in Iraq AND the war in Afghanistan???
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Old 05-26-2008, 06:41 PM
 
69,368 posts, read 64,108,083 times
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Quote:
Originally Posted by ViewFromThePeak View Post
Now that's funny!

Government dictates interest rates .

No sir, I believe the Saudis, Japanese and Chinese will be doing that for us.
So now your saying that Saudis, Japanese, and the Chinese run our Federal Reserve? Please back that one up...
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Old 05-26-2008, 06:44 PM
 
69,368 posts, read 64,108,083 times
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Quote:
Originally Posted by oz in SC View Post
Wasn't the figure for BOTH the war in Iraq AND the war in Afghanistan???
The OP stated Iraq.. which covers the chart posted.
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