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UglyGreed

(7,661 posts)
Mon Jan 18, 2016, 07:14 PM Jan 2016

Funny how there is always enough money and support

to go to war or supplying other countries with weapons but no support to help fellow Americans with education costs and/or healthcare................

The War On Terror Has Cost Taxpayers $1.7 Trillion

According to data compiled by the Mercatus Center citing the Congressional Research Service, the cost of global “War on Terror” operations (including both Afghanistan and Iraq) since 2001 had reached about $1.6 trillion by FY2014. When war funding approved by Congress for FY2015 is taken into account, the total reaches $1.7 trillion.

The majority of that funding, some $1.562 trillion, has been allocated to the Department of Defense. The “War on Terror” is proving extremely expensive compared to past military campaigns. Putting the cost into context, the bill for the Vietnam War comes to about $686 billion when adjusted for inflation.


http://www.forbes.com/sites/niallmccarthy/2015/02/03/the-war-on-terror-has-cost-taxpayers-1-7-trillion-infographic/#79a835e75cf07db908405cf0

Ohh and I forgot our friends on Wall Street....

The price tag for the Wall Street bailout is often put at $700 billion—the size of the Troubled Assets Relief Program. But TARP is just the tip of the iceberg of money paid out or set aside by the Treasury Department and Federal Reserve. In her book, It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street, Nomi Prins uncovers the hush-hush programs and crunches the hidden numbers to calculate the shocking actual size of the bailout: $14.4 trillion and counting.

http://www.motherjones.com/politics/2010/01/real-size-bailout-treasury-fed

11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Funny how there is always enough money and support (Original Post) UglyGreed Jan 2016 OP
Or For Funding Losing Political Campaigns.... global1 Jan 2016 #1
Good point UglyGreed Jan 2016 #2
The War On Terror Has Cost Taxpayers $1.7 Trillion UglyGreed Jan 2016 #3
And all the money these rich people put in super pacs kimbutgar Jan 2016 #4
and then they get bailed out UglyGreed Jan 2016 #5
I honestly think it's just a game to them. cui bono Jan 2016 #7
Seems to be UglyGreed Jan 2016 #10
And don't forget oil company subsidies... cui bono Jan 2016 #6
There is always enough money for corporate welfare. Funny how that works. n/t Skwmom Jan 2016 #8
I believe this crisis of our times has literally called out Bernie Sanders... libdem4life Jan 2016 #9
HUGE K & R !!! - Thank You !!! WillyT Jan 2016 #11

global1

(25,225 posts)
1. Or For Funding Losing Political Campaigns....
Mon Jan 18, 2016, 07:16 PM
Jan 2016

They don't want higher taxes but are willing to spend millions trying to get somebody elected.

UglyGreed

(7,661 posts)
3. The War On Terror Has Cost Taxpayers $1.7 Trillion
Mon Jan 18, 2016, 07:20 PM
Jan 2016

The War On Terror Has Cost Taxpayers $1.7 Trillion

According to data compiled by the Mercatus Center citing the Congressional Research Service, the cost of global “War on Terror” operations (including both Afghanistan and Iraq) since 2001 had reached about $1.6 trillion by FY2014. When war funding approved by Congress for FY2015 is taken into account, the total reaches $1.7 trillion.

The majority of that funding, some $1.562 trillion, has been allocated to the Department of Defense. The “War on Terror” is proving extremely expensive compared to past military campaigns. Putting the cost into context, the bill for the Vietnam War comes to about $686 billion when adjusted for inflation.

http://www.forbes.com/sites/niallmccarthy/2015/02/03/the-war-on-terror-has-cost-taxpayers-1-7-trillion-infographic/#79a835e75cf07db908405cf0

kimbutgar

(21,055 posts)
4. And all the money these rich people put in super pacs
Mon Jan 18, 2016, 07:23 PM
Jan 2016

If they paid living wages they'd probably spend less money one run. And If they paid higher taxes the return on investment to them would be higher profits. Because the country would be more productive got everyone.

But they are so greedy they can't think beyond their bottom line.

UglyGreed

(7,661 posts)
5. and then they get bailed out
Mon Jan 18, 2016, 07:24 PM
Jan 2016

The price tag for the Wall Street bailout is often put at $700 billion—the size of the Troubled Assets Relief Program. But TARP is just the tip of the iceberg of money paid out or set aside by the Treasury Department and Federal Reserve. In her book, It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street, Nomi Prins uncovers the hush-hush programs and crunches the hidden numbers to calculate the shocking actual size of the bailout: $14.4 trillion and counting.

http://www.motherjones.com/politics/2010/01/real-size-bailout-treasury-fed

 

libdem4life

(13,877 posts)
9. I believe this crisis of our times has literally called out Bernie Sanders...
Mon Jan 18, 2016, 07:45 PM
Jan 2016

The Reluctant Presidential Candidate who has and continues to rise to the occasion. Why? There's no one else. Now we'll see what the country wants...and we will see because the choices have become stark.

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