Federal Contractor Regulations
The Three Trillion dollar war…has the day of reckoning come?
“Budgetary numbers”, the operational costs of the war are not the true numbers of the Iraq war….there are hidden costs of the war, like the insane amount of money the US is paying contractors…plus the US pays contractors insurance costs through the Labor Department….when the working poor of hte US can’t get affordable healthcare. Then there is the cost of veterans…disability, veterans healthcare for the 1.6 million who have already fought and the people who will fight as this debacle continues. We are spending money on oil exports and on Saudi Arabia, but not spending here at home.
So the Federal Reserve floods the market with liquidity and looks the other way when regulation is required, causing the housing boom and all of us to be living off of borrowed money.
This was is financed by deficits…and is the day of reckoning here? What do you think?
Joseph Stiglitz “The Three Trillion Dollar War:The True Cost of the Iraq Conflict”
I don’t know about the day of reckoning but surely this war is a landmark in the history of the Military-Industrial Complex. Which is the approach through which i believe the current US Government offensive should be analysed. That is, the US government has committed a record portion of its revenues (your tax dollars) to the welfare of Paramilitary and Energy Corporations in a way that truly brings into question who the true constituency of the US government is.
I have to insist that the scorn for whatever consequences might befall the North American economy after the loosening of corporate regulation, the easing of taxes on the rich as well as the thoughtless invasions of Iraq and Afghanistan, reveals the negligible extent to which the US population influences Washington policy-making. I believe this negligibility reaches the degree at which one can truly say that there is no such thing as a democracy in the United States. And I say this because none of the consequences of neoliberal government (capricious war, recession, loss of liberty…) came as a surprise to anyone, except the ill-informed government-cowed population of the United States.
In a democracy an expenditure of Four Grand per household (http://www.nationalpriorities.org/costofwar_home) would have had to at least in some way be justified by bringing comfort or prosperity to the taxed population… he he, and there is the rub, the US population never gave overwhelming support to the war, the war president was re-elected on a majority suspicioulsly comparable to the margin of error and to this day regardless of the overwhelming opposition to the war there will be no anit war president on the 2008 ballot. Yet it is the American population who bear the financial burden of this war! Taxation without representation is what i call it.
THe three trillion are a testament to the consequences we pay for allowing irresponsible ellites to handle governments without even faring the slightest consequences for perjury (WMD’s, 9/11 and Iraq, Afghanistan and 9/11, Iran and Nuclear weapons, diplomatic alternatives to war, etc), war crimes (1M dead Iraqi civilians, use of prohibited munitions such as phosphorous and cluster bombs, covert terrorist operations, and the violation of Iraqi sovereignty under carpicious circumstances among other war crimes punishable by death) and corruption (hidden funds provided to private contractors, contracts earmarked for cronies of the administration, Iraqi Oil Law drafted by Halliburton, etc)…
So if we are in a recession today and will be for a while, and we still have to pay the price of an unjust war, it is only because the American people were not willing or able to take the responsibility of reigning in their government. It is not the end of days, guys… in Latin America we are still paying the huge debts incurred upon by the corrupt politicians supported by the Washington Consensus.
So, yea 3 trillion is a bit much, isn’t it time you guys did something to stop these people?
Labor’s policies KILL!!! Garrett’s blame-shifting damage control (denial!) on economic stimulus rort
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