Jump to content
Guests can now reply in ALL forum topics (No registration required!) ×
Guests can now reply in ALL forum topics (No registration required!)
In the Name of God بسم الله
Sign in to follow this  
Ali Ahmad

Iraqi Mujahideen are destroying the US Military

Rate this topic

Recommended Posts

IRAQ: The Trillion-Dollar War

by Linda Bilmes, The New York Times

August 19th, 2005

The human cost of the more than 2,000 American military personnel killed and 14,500 wounded so far in Iraq and Afghanistan is all too apparent. But the financial toll is still largely hidden from public view and, like the suffering of those who have lost loved ones, will persist long after the fighting is over.

The cost goes well beyond the more than $250 billion already spent on military operationsBasic running costs of the current conflicts are $6 billion a month - a figure that reflects the Pentagon's unprecedented reliance on expensive private contractors. Other factors keeping costs high include inducements for recruits and for military personnel serving second and third deployments, extra pay for reservists and members of the National Guard, as well as more than $2 billion a year in additional foreign aid to Jordan, Pakistan, Turkey and others to reward their cooperation in Iraq and Afghanistan. The bill for repairing and replacing military hardware is $20 billion a year, according to figures from the Congressional Budget Office.

But the biggest long-term costs are disability and health payments for returning troops, which will be incurred even if hostilities were to stop tomorrow. The United States currently pays more than $2 billion in disability claims per year for 159,000 veterans of the 1991 gulf war, even though that conflict lasted only five weeks, with 148 dead and 467 wounded. Even assuming that the 525,000 American troops who have so far served in Iraq and Afghanistan will require treatment only on the same scale as their predecessors from the gulf war, these payments are likely to run at $7 billion a year for the next 45 years.

All of this spending will need to be financed by adding to the federal debt. Extra interest payments will total $200 billion or more even if the borrowing is repaid quickly. Conflict in the Middle East has also played a part in doubling the price of oil from $30 a barrel just prior to the invasion of Iraq in March 2003 to $60 a barrel today. Each $5 increase in the price of oil reduces our national income by about $17 billion a year.

Even by this simple yardstick, if the American military presence in the region lasts another five years, the total outlay for the war could stretch to more than $1.3 trillion, or $11,300 for every household in the United States.

http://www.corpwatch.org/article.php?id=12571

Share this post


Link to post
Share on other sites
IRAQ: The Trillion-Dollar War

All of this spending will need to be financed by adding to the federal debt.

Even by this simple yardstick, if the American military presence in the region lasts another five years, the total outlay for the war could stretch to more than $1.3 trillion, or $11,300 for every household in the United States.

http://www.corpwatch.org/article.php?id=12571

Disagree with this bit.

It'll be the Iraqis who'll be paying for this one way or another. Expect privatisation of various government services with the contracts going to US firms.

Oil exploration and production contracts will obviously go to US firms.

Share this post


Link to post
Share on other sites
It'll be the Iraqis who'll be paying for this one way or another. Expect privatisation of various government services with the contracts going to US firms.

<{POST_SNAPBACK}>

That is happening anyway. They are getting Iraqi into debt so it becomes enslaved. But when the Americans are kicked out (inshallah) the debt will automaicly default and become worthless to them. So in the end the Americans will pay.

Share this post


Link to post
Share on other sites

(bismillah)

(salam)

obviously if the americans were in Iraq to "plunder" they would have left a long time ago. this article is a testament to their integrity.

http://www.shiachat.com/forum/index.php?sh...pic=62293&st=50

Does the soviet Union ring a bell?

They would go and set up tons of proxy wars, invade countries and pay for it all by their countries economy. They would plunder those countries.. do what ever it is they need to do in them (set up their own political puppets..ect).

They would take what they earned line their own pockets (the kgb and the other criminals in charge of their operations). And the Russian economy was basicly bled dry.

If you want to blaim any one for plundering your Economy blaim Bush and his cronies.

You can do a google search in to how much money in iraq is "un acounted for".

(gee I wonder where it all goes).

This triilion dollars is being payed for by the American people, and this is not only stealing their money for an unjust imperilistic conquest, this is puting them in to a state of economic slavery by forcing them to work harder (by increasing taxes)

to pay for the war that only serves to put money in the pockets of Bush and his cronies.

This war is not only an attack on the Middle East, Muslims and the Iraqi People, this is an attack on the American people as well.

Share this post


Link to post
Share on other sites

:D The americans will have to leave one day. Probably sooner than later. When their gone it will only take one brave iraqi politician to "review" those oil contracts who where allocated by an american occupier to american firms. Then the plundering of iraqi oil reserves will stop. Now that Iran will trade its oil in Euros it will futher put pressure on the dollar. :dry: Let them pay, they deserve it...

Share this post


Link to post
Share on other sites
obviously if the americans were in Iraq to "plunder" they would have left a long time ago.  this article is a testament to their integrity.

<{POST_SNAPBACK}>

Maybe it has to do with their incompetence at plundering.

In fact, I think that in spite of the claims made about our ability to use Iraqi oil reserves to finance the occupation (which were used to encourage the invasion) more serious people realized that this was a pipe dream (even before the occupation started to go badly).

There has been a great deal of wishful thinking about Iraqi oil, including a widespread belief that oil revenues will help defray war costs and the expense of rebuilding the Iraqi state and economy. Notwithstanding the value of Iraq’s vast oil reserves, there are severe limits on them both as a source of funding for post-conflict reconstruction efforts and as the key driver of future economic development. Put simply, we do not anticipate a bonanza.

http://www.rice.edu/projects/baker/Pubs/wo.../Iraq_final.pdf Page 10

I really wish these people actually thought about the cost of wars before they started them.

Edited by Greg Potemkin

Share this post


Link to post
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×
  • Create New...