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To: DB
The cost of the war pales compared to the bad loans/losses from the housing bubble. The dollar was devalued to save the banks from much of these losses, in affect spreading the pain from the banks to the population in general.

Actually, if you think the housing bubble costs are bad, Iraq spending is FAR greater than the bank losses and the Fed bailout, etc.

When the country's largest subprime lender, New Century Financial, filed for Chapter 11 bankruptcy (April 2007), its total liabilities could have been paid off with less than a day of Iraq costs.

King George W. Pyrrhus has bought us a grand victory, indeed! With our money, of couse...)

Personally, I think most Americans would want their $20,000 back.

20 posted on 06/28/2008 10:27:34 AM PDT by Gondring (I'll give up my right to die when hell freezes over my dead body!)
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To: Gondring

Very short term thinking. Yes, it cost a lot, and treasure is the least of it. What you and many others, including just about all libdims, fail to grasp is what leaving Saddam in power in the ME would have eventually cost us. Likewise you fail to grasp the long term benefits a stable Iraq will bring to us and the rest of the world. I know, those can’t be measured, but only a BDS suffering fool can’t see these ramifications of a successful conclusion to Iraq. Heck, even a far left rag like the Toronto Star gets this. Or did you not bother to read the article?


28 posted on 06/28/2008 11:59:57 AM PDT by piytar
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To: Gondring

The housing bubble is about 10 times greater (10 trillion dollars plus) than the cost of the Iraq war. You aren’t even close.

The Iraq war cost the average taxpayer about $1400 a year. Pretty cheap all things considered.


32 posted on 06/28/2008 3:14:48 PM PDT by DB
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