Total Cost of the Iraq War Upwards of $1.2 trillion

Engineer

Elite Member
Oct 9, 1999
39,234
701
126
*shrugs*

Don't worry, we'll print more. (No sarcasm after reading some of the more recent articles on the US dollar and the manipulation that it undergoes)
 

techs

Lifer
Sep 26, 2000
28,561
4
0
You're all wrong. The entire cost of invading Iraq will be 50-60 billion dollars tops.
Bush said it.
I believe it.
And that's that.

/sarcasm
 

Pens1566

Lifer
Oct 11, 2005
11,592
8,044
136
Originally posted by: techs
You're all wrong. The entire cost of invading Iraq will be 50-60 billion dollars tops.
Bush said it.
I believe it.
And that's that.

/sarcasm

And its being paid for with profits from Iraqi oil. If you believe that, I've got some land to sell you in the lower 9th ward in NO.
 

j00fek

Diamond Member
Dec 19, 2005
8,099
1
0
Originally posted by: Pens1566
Originally posted by: techs
You're all wrong. The entire cost of invading Iraq will be 50-60 billion dollars tops.
Bush said it.
I believe it.
And that's that.

/sarcasm

And its being paid for with profits from Iraqi oil. If you believe that, I've got some land to sell you in the lower 9th ward in NO.

:thumbsup:
 

CSMR

Golden Member
Apr 24, 2004
1,376
2
81
I think the Iraq war was not the best idea for financial reasons. However on the basis of my Arctic oil drilling thread I would quite expect liberals to come in here and argue that $1.2 trillion is negligible.
 

conjur

No Lifer
Jun 7, 2001
58,686
3
0
Unforeseen Spending on Materiel Pumps Up Iraq War Bill
Senate to Take Up Measure as Military Fights to Keep Guns, Tanks Working
http://www.washingtonpost.com/wp-dyn/co...cle/2006/04/19/AR2006041902594_pf.html
...The cost of the war in U.S. fatalities has declined this year, but the cost in treasure continues to rise, from $48 billion in 2003 to $59 billion in 2004 to $81 billion in 2005 to an anticipated $94 billion in 2006, according to the Center for Strategic and Budgetary Assessments. The U.S. government is now spending nearly $10 billion a month in Iraq and Afghanistan, up from $8.2 billion a year ago, a new Congressional Research Service report found.

Annual war costs in Iraq are easily outpacing the $61 billion a year that the United States spent in Vietnam between 1964 and 1972, in today's dollars. The invasion's "shock and awe" of high-tech laser-guided bombs, cruise missiles and stealth aircraft has long faded, but the costs of even those early months are just coming into view as the military confronts equipment repair and rebuilding costs it has avoided and procurement costs it never expected.....
What a bargain the neocons got.......NOT!
 

EatSpam

Diamond Member
May 1, 2005
6,423
0
0
Originally posted by: Engineer
*shrugs*

Don't worry, we'll print more. (No sarcasm after reading some of the more recent articles on the US dollar and the manipulation that it undergoes)

and borrow from China.
 

conjur

No Lifer
Jun 7, 2001
58,686
3
0
Well, I think it's the Federal Reserve buying more debt. Repos have been issued just about every day since the cessation of the publication of M3.
 

lozina

Lifer
Sep 10, 2001
11,709
8
81
Originally posted by: dexvx
This is a college level economics paper on the total cost of the Iraq War that extends beyond the upfront costs. The cost is based on the general assumption that:

1) US Troops will start pulling out in 2006.
2) US Troops will maintain a diminishing presence until 2011.

http://www2.gsb.columbia.edu/faculty/jstiglitz/Cost_of_War_in_Iraq.pdf


diminishing presence? har har!

Maybe if that means shifting troops into the occupation of Iran instead...
 

HardWarrior

Diamond Member
Jan 26, 2004
4,400
23
81
...The cost of the war in U.S. fatalities has declined this year, but the cost in treasure continues to rise, from $48 billion in 2003 to $59 billion in 2004 to $81 billion in 2005 to an anticipated $94 billion in 2006, according to the Center for Strategic and Budgetary Assessments. The U.S. government is now spending nearly $10 billion a month in Iraq and Afghanistan, up from $8.2 billion a year ago, a new Congressional Research Service report found.

Uh, wow...
 

dahunan

Lifer
Jan 10, 2002
18,191
3
0
This is all Clintons fault and the Liberals fault

And these claims are just wild speculation..

The US needs some good wars and poverty to bring us all back to God..
 

tommywishbone

Platinum Member
May 11, 2005
2,149
0
0
On a positive note, today was a bloody murderous mess in Iraq. Thanks USA.

Car Bombs Kill 10, Wound Nearly 80 in Iraq By ROBERT H. REID, Associated Press Writer
1 hour, 32 minutes ago

BAGHDAD, Iraq - A string of car bombs rocked Baghdad on Monday, killing 10 people and wounding nearly 80 in an apparent campaign to discredit Iraq's new leadership. At least 15 people were killed in other bombings and shootings.

police also discovered the bodies of 28 people in the capital and the northern city of Mosul. They included 15 police recruits from Ramadi who were kidnapped Sunday and slain by insurgents, police said.

The seven car bombs exploded over a five-hour period in six widely separated neighborhoods across the capital. The first blast occurred near the Health Ministry and killed five people, Lt. Col. Faleh al-Mohammedawi said.

Two hours later, bombs hidden in two cars exploded near Mustansiriya University, killing five others, including a 10-year-old boy, al-Mohammedawi said. Blasts also occurred in central Baghdad, the Karradah district, Mansour and the New Baghdad area in the east of the capital.

Al-Mohammedawi put the total number of wounded at nearly 80, most of them in the two fatal bombings.

The bodies of the 15 police recruits from Ramadi were found in a small truck on the western edge of the capital, al-Mohammedawi said. All showed signs of torture. Insurgents in Ramadi, 70 miles west of Baghdad, have been warning fellow Sunnis against joining the police and army.

Three other bodies were found in Mosul, 225 miles northwest of Baghdad, including a university student who had been kidnapped earlier in the day, police said. The other bodies were found in separate areas of Baghdad.

The latest deaths brought to more than 70 the number of Iraqis reported killed in insurgency or sectarian-related violence since Jawad al-Maliki was formally tapped Saturday to head a national unity government. The United States believes a unity government of Shiites, Sunnis and Kurds is essential to halting the country's slide into chaos.

Al-Maliki, a Shiite, has 30 days from April 22 to present his Cabinet to parliament for majority approval. A top Shiite official, Ridha Jawad Taqi, said he expected the lineup to be finalized within 15 days. Political parties met separately in Baghdad to discuss proposed Cabinet ministers.

In an interview Monday with CNN, al-Maliki said he would work toward "national reconciliation on the basis of national dialogue and common interests" among Iraq's rival ethnic and religious communities.

He also promised to "cleanse our society" of terrorism, combat corruption and disband militias controlled by political parties and integrate them into the armed forces and the police.

"I'm confident that the militias, and there are more than 11 militias, must be disarmed," al-Maliki said. "There's no difference between one militia and others."

Many Sunni Arabs believe militia members have infiltrated the ranks of the police and army and have been responsible for kidnapping and killing Sunni civilians. U.S. and British officials have insisted Cabinet members who have security responsibilities have no ties to militias.

Much of the attention has focused on the Shiite-run Interior Ministry, which controls police and paramilitary commandos widely distrusted by Sunnis. Shiite officials, speaking on condition of anonymity because talks are under way, said they expect Interior Minister Bayan Jabr to be replaced by Shiite independent Qassim Dawoud, who has no militia links.

U.S. Ambassador Zalmay Khalilzad has said Iraq's next government must decommission sectarian militias, terming them the "infrastructure for civil war."

In a statement Monday, a government agency said more than 5,600 Shiite families comprising nearly 34,000 people have fled their homes in mainly Sunni regions of Baghdad and central Iraq because of violence.

The list appeared to be the number of families who had fled to date, but did not say when the movements began. Reports of large numbers of Shiites leaving Sunni regions began amid increased sectarian violence sparked by the Feb. 22 bombing of a Shiite shrine in the city of Samarra, north of Baghdad.

The families fled from the mainly Sunni district of Abu Ghraib in Baghdad; cities north and west of the capital, including Baqouba, Beiji, Taji and Samarra; and mixed districts south of Baghdad in a region known as the "triangle of death" for their frequent insurgent attacks.

The U.S. military confirmed Monday that a woman was killed last week while making a bomb attack on a U.S. military vehicle last week in the northern city of Tal Afar. Only a few such attacks by women are known to have occurred in Iraq.

The Stars and Stripes newspaper previously said a U.S. soldier and two Iraqi troopers were injured in the blast Thursday.

 

5150Joker

Diamond Member
Feb 6, 2002
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www.techinferno.com
Originally posted by: Engineer
*shrugs*

Don't worry, we'll print more. (No sarcasm after reading some of the more recent articles on the US dollar and the manipulation that it undergoes)


Yep exactly, we can run up as big of a deficit as we like as long as our military machine is running full steam. So fire up the presses I say!