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Forums - Politics Discussion - The congress spends the money, not the potus. Learn your civics.

sethnintendo on 02 January 2013
dsgrue3 said:
sethnintendo said:
dsgrue3 said:

 

 

Edit: War has cost us roughly $1.4 trillion over 10+ years now. http://costofwar.com/


How about some info than some stupid site that looks like nexgenwars.

"The most recent major report on these costs come from Brown University in the form of the Costs of War project,[1] which said the total for wars in Iraq, Afghanistan, and Pakistan is at least $3.2-4 trillion.[2] The report disavowed previous estimates of the Iraq War's cost as being under $1 trillion, saying the Department of Defense's direct spending on Iraq totaled at least $757.8 billion, but also highlighting the complementary costs at home, such as interest paid on the funds borrowed to finance the wars and a potential nearly $1 trillion in extra spending to care for veterans returning from combat through 2050.[3]"

http://en.wikipedia.org/wiki/Financial_cost_of_the_Iraq_War

You cited wikipedia and then referred to costofwar as "some stupid site". The irony is almost too great.

Costofwar is a sourced cite, did you even read it?

Total costs of the wars in Iraq and Afghanistan allocated by Congress to date – which include funding through the end of the current fiscal year on September 30, 2012 – are $1.38 trillion, with $807.4 billion to Iraq and $570.9 billion to Afghanistan. These figures include both military and non-military spending such as reconstruction.

Brown probably included nonsense in order to inflate their number, this one is based upon facts. Maybe read the sourcing for the website prior to calling it stupid, yeah? These are numbers taken straight from congressional record. Doesn't get any more credible.

They included the future cost of disabled veterans and interest on the borrowed money for the wars.  Eventually these wars will cost the USA 3-4 trillion at least.

As for the stupid site.  I was merely dissing the presentation with the on going ticker.  You can focus on the current costs but these are just temporarily figures just like your costofwar site.



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bannedagain on 02 January 2013
badgenome said:
spaceguy said:

However this is the result of bush Deregulating wall street and banks. Presidents have the power to regulate and deregulate.

Damn that George Bush for repealing Glass-Steagall!


I don't think you understand. Bush came in and even after the removal of glass steagal there where regulations. Bush decided to not even enforce those. This is why we crashed.



dsgrue3 on 02 January 2013
bannedagain said:
I don't think you understand. Bush came in and even after the removal of glass steagal there where regulations. Bush decided to not even enforce those. This is why we crashed.

Haha, False. Read this as you're completely clueless.

http://www.factcheck.org/2008/10/who-caused-the-economic-crisis/

sethnintendo said:

They included the future cost of disabled veterans and interest on the borrowed money for the wars.  Eventually these wars will cost the USA 3-4 trillion at least.

 


Costofwar is about the cost TO DATE meaning now, not in 2017, not in 2050. Understand?

 



sethnintendo on 02 January 2013
dsgrue3 said:
sethnintendo said:

They included the future cost of disabled veterans and interest on the borrowed money for the wars.  Eventually these wars will cost the USA 3-4 trillion at least.

 


Costofwar is about the cost TO DATE meaning now, not in 2017, not in 2050. Understand?

 


Too bad Dick Cheney and other top officials lied about the true cost right before the war stating that it would be around 80-100 billion for two years.  Too bad they didn't have any real plan for the war and that the Iraq war was complete bullshit.

  • FY2003 Supplemental: Operation Iraqi Freedom: Passed April 2003; Total $78.5 billion, $54.4 billion Iraq War
  • FY2004 Supplemental: Iraq and Afghanistan Ongoing Operations/Reconstruction: Passed November 2003; Total $87.5 billion, $70.6 billion Iraq War
  • FY2004 DoD Budget Amendment: $25 billion Emergency Reserve Fund (Iraq Freedom Fund): Passed July 2004, Total $25 billion, $21.5 billion (estimated) Iraq War

Looks like they passed that 100 billion in the second year by quite a lot.



irstupid on 02 January 2013
sethnintendo said:
dsgrue3 said:
sethnintendo said:

They included the future cost of disabled veterans and interest on the borrowed money for the wars.  Eventually these wars will cost the USA 3-4 trillion at least.

 


Costofwar is about the cost TO DATE meaning now, not in 2017, not in 2050. Understand?

 


Too bad Dick Cheney and other top officials lied about the true cost right before the war stating that it would be around 80-100 billion for two years.  Too bad they didn't have any real plan for the war and that the Iraq war was complete bullshit.

Your point?  Your switching topics.  What they predicted or stated has nothing to do with actual costs in the end.  It has cost TO DATE only 1.4 trillion.  It has not cost what some university kids predicted yet of 4 trillion.  So you can not use 4 trillion of the debt as THE WAR and BUSH.  

What Dick Cheney said has nothing to do with this and is just you trying to change the subject.



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dsgrue3 on 02 January 2013
sethnintendo said:

Too bad Dick Cheney and other top officials lied about the true cost right before the war stating that it would be around 80-100 billion for two years.  Too bad they didn't have any real plan for the war and that the Iraq war was complete bullshit.

  • FY2003 Supplemental: Operation Iraqi Freedom: Passed April 2003; Total $78.5 billion, $54.4 billion Iraq War
  • FY2004 Supplemental: Iraq and Afghanistan Ongoing Operations/Reconstruction: Passed November 2003; Total $87.5 billion, $70.6 billion Iraq War
  • FY2004 DoD Budget Amendment: $25 billion Emergency Reserve Fund (Iraq Freedom Fund): Passed July 2004, Total $25 billion, $21.5 billion (estimated) Iraq War

Looks like they passed that 100 billion in the second year by quite a lot.

Don't misunderstsand me, I'm not saying the war was a good thing. I don't think anyone would advocate that really. Just saying, in comparison to the last 3-4 years of Obama - $5 trillion spent, the cost of war over the past decade pales in comparison, ~$100 billion per year as opposed to >$1 trillion per year.

 



sethnintendo on 02 January 2013

Alright I'll leave this thread since I will just derail it. USA is fucked anyways and both parties won't do anything to fix it.  My vote is for a fascist leader that will declare all debt null.



HappySqurriel on 02 January 2013

At this point in time, talking about the cost of war is a waste ...

Manditory spending and interest on the debt is (roughly) equal to tax revenues, meaning all discretionary spending is debt financed. Over the next 10 years as the debt grows and interest rates on that debt increase, long before we finish funding manditory spending the government will be running a deficit. This is unsustainable and will end poorly in the next few years.

Everything else is a distraction



bannedagain on 02 January 2013
dsgrue3 said:
bannedagain said:
I don't think you understand. Bush came in and even after the removal of glass steagal there where regulations. Bush decided to not even enforce those. This is why we crashed.

Haha, False. Read this as you're completely clueless.

http://www.factcheck.org/2008/10/who-caused-the-economic-crisis/

sethnintendo said:

They included the future cost of disabled veterans and interest on the borrowed money for the wars.  Eventually these wars will cost the USA 3-4 trillion at least.

 


Costofwar is about the cost TO DATE meaning now, not in 2017, not in 2050. Understand?

 

Your facts are a joke. LOLOLOLOLOLOL

But you just keep coming up with non-sense.  Wait I found you!!!!

User was banned for this post - Kantor



dsgrue3 on 02 January 2013
bannedagain said:
Your facts are a joke. LOLOLOLOLOLOL

But you just keep coming up with non-sense.  Wait I found you!!!!

image

I gave you a non-partisan website's report of a break-down of where the responsibility of the financial crisis can be placed. I don't understand how those are "my facts" at all. Futhermore, I had to report you for this. It isn't adding to the discussion.