Friday, February 03, 2006

What's Wrong With This Picture?

The White House acknowledges the upcoming requests would cause total spending on the wars in Iraq and Afghanistan since Sept. 11, 2001, to soar well past the $400 billion mark, while spending for hurricane relief would top $100 billion.

George W. Bush is about to ask Congress for another $160 billion ($US120 billion) for the wars in Iraq and Afghanistan, bringing their total cost so far to $585 billion.

That is enough to fully fund global anti-hunger efforts for more than 13 years and provide every child in the world with basic immunisation for more than a century.

Detroit Free Press:
That's enough to buy General Motors Corp. 33 times or Google almost four times, at current stock prices.

The vast majority of the money is for Iraq, where expenses are about $4.5 billion a month, according to administration officials. The U.S. campaign in Afghanistan is costing about $800 million a month.
Rock star Bono challenged the U.S. government Thursday to give an additional 1% of the federal budget to the world's poor. [...]

"This is not about charity in the end, is it?" he said. "It's about justice." [...]

One percent of last year's federal budget would have been about $26 billion.

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