Sunday, 21 September 2008

U.S. Expenditure

My head is stuffed with facts and figures about the collapse of some of the biggest financial institutions and the bail-out figures to be paid out - $85 billion to AIG. Yes, 85 million million.

Compare this with the cost to the U.S. of fighting the Iraq war, as the widget counter on the bottom right of this blog will show. I got into all of this because of an article by Noam Chomsky in July this year. To do it justice, I am copying and pasting the whole thing.

So sorry. Cannot seem to paste this so it remains intact - right hand margin cut off. To read the whole article click on the link, at the bottom of the page.

Well, their voices should matter.....think of the billions of taxpayers' money going on this war. And think of the good that money could do for health care, affordable housing, education, pensions and care for elderly and disabled people.

Check out the dollar counter widget......the mind boggles. To put it in £ sterling

U.S. expenditure £2,000 per second
U.K. expenditure £31 per second

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