Our Spendthrift Government

Sep 22, 2005 09:54

onegoodmove_syn has a video clip in which George Bush says Katrina relief and reconstruction is "going to cost whatever it's going to cost... Therefore we should not raise taxes". What the hell does that mean? I can only think of one sentence more stupid and that's "it's not going to cost whatever it's going to cost ... therefore we *should* raise taxes". (I can't play the QT video from our RH7 machines at work, please tell me if he's quoting him out of context or something.)

Meanwhile intel_dump reports that although the DoD claims to have spent $71 billion fighting terrorism in fiscal 2005, "Neither DOD nor Congress can reliably know how much the war is costing and details of how appropriated funds are being spent." That's not intel_dump's quote, that's what the DOD said in the General Accounting Office Report.

And of course a lot of people seem annoyed that $1 Billion has been stolen from the Iraqi defense ministry, but let's look at this in context: our $71 billion expenditure per year is almost $200 million per day, so this theft is only about 5 days' worth. Add 2-3 more days for the money that's disappeared from the electricity, transport, interior and other ministries.

I don't see why everyone - Democrat, Republican, and Starchild - isn't outraged by this.
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