Comments on: Budget Deficit Trillions Instead of Billions? http://donklephant.com/2007/06/22/is-the-budget-deficit-trillions-instead-of-billions/ Big Teeth. Huge Ass. Surprisingly Reasonable. Tue, 14 Feb 2012 14:03:13 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: james Joyce http://donklephant.com/2007/06/22/is-the-budget-deficit-trillions-instead-of-billions/comment-page-1/#comment-359350 james Joyce Mon, 25 Jun 2007 12:12:48 +0000 http://donklephant.com/2007/06/22/is-the-budget-deficit-trillions-instead-of-billions/#comment-359350 Executive Oil and Congress are gambling America's future on the sweet crude of Iraq's Al Anbar Province. The untapped crude beneath Anbar is the prize. The cost of this "prize" in American blood is staggering in addition to the staggering trillion dollar debt. Staggering drunks in denial at the helm................... Natural Selection, Corporate Treason and "Executive Oil" Executive Oil and Congress are gambling America’s future on the sweet crude of Iraq’s Al Anbar Province. The untapped crude beneath Anbar is the prize.

The cost of this “prize” in American blood is staggering in addition to the staggering trillion dollar debt.

Staggering drunks in denial at the helm……………….

Natural Selection, Corporate Treason and “Executive Oil”

]]> By: probligo http://donklephant.com/2007/06/22/is-the-budget-deficit-trillions-instead-of-billions/comment-page-1/#comment-358271 probligo Sat, 23 Jun 2007 23:33:54 +0000 http://donklephant.com/2007/06/22/is-the-budget-deficit-trillions-instead-of-billions/#comment-358271 Hmm, nothing to do with anything other than welfare and social security? How is about there being other impacts? For example, the accumulated cost of the Iraq war? <a href="http://usgovinfo.about.com/library/weekly/aairaqwarcost.htm" rel="nofollow">Based upon initial estimates</a> Initial cost of invasion - $13B Per month since 04/03 - 39 months @ $9B - $351B Minimum interest per annum on accumulated debt - $20B for past twelve months at 5.5% Who believes that the 2002 estimate is anywhere near correct? How much is it out by? 100%? 200%? Let's be charitable and assume that the 2002 estimate is short by only 100% for the past 12 months. Actual cost of Iraq for past twelve months would be $216B (12*9*2) or roughly 20% of the deficit of close to $1T... Hmm, nothing to do with anything other than welfare and social security?

How is about there being other impacts?

For example, the accumulated cost of the Iraq war?

Based upon initial estimates

Initial cost of invasion – $13B

Per month since 04/03 – 39 months @ $9B – $351B

Minimum interest per annum on accumulated debt – $20B for past twelve months at 5.5%

Who believes that the 2002 estimate is anywhere near correct? How much is it out by? 100%? 200%?

Let’s be charitable and assume that the 2002 estimate is short by only 100% for the past 12 months. Actual cost of Iraq for past twelve months would be $216B (12*9*2) or roughly 20% of the deficit of close to $1T…

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