Skip to comments.U.S. Role in Libya Already Costs Hundreds of Millions (With no money to pay for it)
Posted on 03/23/2011 3:43:10 AM PDT by tobyhill
The cost of the American and European assault on Libya already easily tops hundreds of millions of dollars, and has the potential to rise significantly if the operation drags on for weeks or months.
Coalition efforts to undermine Muammar al-Qaddafis air defenses and save the rebels from defeat have lasted for four nights already. If the U.S. role continues to be limited, with the Pentagon using its existing budget to cover the expense, the price tag on involvement will only rise moderately.
As of Tuesday, a U.S. defense official told Fox News the U.S. has fired 161 Tomahawk cruise missiles into Libyan territory, with 24 missiles being fired overnight Monday into Tuesday. Each missile is priced at $1 million to $1.5 million apiece and dispatched B-2 stealth bombers -- round-trip from Missouri -- to drop 2,000-pound bombs on Libyan sites.
Thats a total flying time of 25 hours, with the operating cost for one hour priced at least $10,000.
Yet those numbers only provide part of the costs. The B-2 bombers require expensive fuel -- and rely on air tankers to refuel in flight -- and probably needed parts replaced upon their return to Whiteman Air Force Base. The pilots most certainly will get combat pay.
(Excerpt) Read more at foxnews.com ...
UN funding it?
Berlusconi / Eni S.p.A.
The UN doesn’t anything, they just expect US to borrow more from China.
If the rebels win, we should bill their gov’t.
Once again Im reminded of an old I Love Lucy bit.
LUCY: About a year and a half ago Ricky wanted to go over my household account, and I was 10 dollars short.
LUCY: Well, I borrowed 10 dollars from the club treasury so that my household account would balance.
ETHEL: Well, 10 dollars, my goodness.
LUCY: Well, you don’t understand. Ethel. That was only the beginning. From then on, I borrowed from the household account so that the treasury account would balance and then I borrowed from the treasury so the household account would balance and on and on and back and forth like a tennis game, and somewhere along the line, I lost the ball.
ETHEL: What do you mean?
LUCY: Now there’s no money in either account.
As opposed to the rest of our military adventures that are fully funded?
That may very well be BO’s/BS’s motivation. Spending beyond our means coincides with him implementing the Cloward-Piven strategy.
“Every six hours we have another billion-dollar deficit,” said Rep. Roscoe Bartlett, R-Md., a member of the House Armed Services Committee. “This could cost us a billion dollars there, which means simply another billion-dollar debt that our kids, our grandkids and our great-grandkids are going to have to pay back.”
The Center for Strategic and Budgetary Assessments, in an analysis this month, estimated that the Libyan no-fly zone could cost $100 million to $300 million per week.
In a classified briefing for congressional staff Tuesday, officials from the State Department, Pentagon and Treasury were pressed on the cost. They declined to address the issue.
Rep. Dennis Kucinich, D-Ohio, called for Congress to de-fund military operations in Libya, which he estimated costs between $30 million and $100 million a week.
“While the administration assures us that that the U.S. will hand off its lead role to coalition partners within days, we have not been notified of long-term plans or goals following initial air strikes in the country,” Kucinich wrote in a letter to colleagues. “The timeline the president gave to Congress was summarized with one word: ‘limited.’”
nobama foreign policy???? let me count the ways...
This Administration has overextended our military.
I don’t oppose all wars. What I am opposed to is a dumb war. What I am opposed to is a rash war.—Barack Obama
Can’t they divert funds from southern border protection temporarily to pay for it?
The U.S. role in Iraq and Afghanistan cost hundreds of billions of dollars (with no money to pay for it). If one chooses the military option for any reason then money had better not be an object.
We are dead financially... we are insolvent... someone turn out the lights.
And that’s on top of whatever we are currently spending on Iraq and Afghanistan, the other two prongs of our Middle East misadventures.
>> UN funding it?
Of course not!
But no worries... Obama will sell our nuclear arsenal to his new friends in South America to pay for it.
Why not sell an aircraft carrier to China?
This will give us the money for bombing libya for another month.
Better still, just leave it to the Europeans.
Why sell the Chicoms some of our Military equipment? There are plenty of strategic minerals on Federal lands we could sell first.
Well at least this would end this disaster pretty soon.
(There is a report that britain is allready running out of missiles).
Last time I looked, there were still checks in the national checkbook, so we can afford it... :-)
The cost of this operation is chump change compared to what it will cost to rebuild Libya if the US gets sucked deeper into this “No-Fly” operation. France and the UK aren’t going to pony up the $40 Billion to put Libya back together again. Even if the US manages to extricate itself from this ill conceived and executed UN sponsored mess, after it’s over and if Quadafi is gone, the Arab League is going to try and shame the US into paying for the rebuilding in Libya. The US always gets stuck with the tab.
And what are we getting out of this?
And what are we getting out of this?
Animosity from just about the whole world.
Seems like every president has to blow stuff up at least once. It’s in the DNA of anyone with an ego that big. They just gotta wag their dick around.
The problem with this one is, we have absolutely no vested interest in Libya. This was merely their civil war and no reason to put any of our borrowed money in it. Maybe or maybe not there is a case for or against Iraq and Afghanistan spending but in this case I can’t think of anyone that has been able to rationalize any spending for this affair.
Change. Hope they’re happy. Fundamental transformation well under way.
If Al Quaeda wins, sure, let’s pay them money we don’t have.
You jest about the national checkbook?
Yes. What else can you do when the jesters are “running” the government?