Friday, February 03, 2006

What's Wrong With This Picture?


WaPo:
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.

News.Com.Au:
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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