Saturday, July 07, 2007

War Costs Soar by a Third; Total Could Top $1.4 Trillion

It's not just the troops that are surging. War costs are up for American operations in Iraq -- way up, more than a third higher than last year. In the first half of this fiscal year, the Defense Department's "average monthly obligations for contracts and pay is running about $12 billion per month, well above the $8.7 billion in FY2006.

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This war has become a cash cow for corporations like Halliburton and other Military contracting companies like Security companies (Mercenaries) and Defense contractors like GE (General Electric) I just read an article that showed GE making over 100 billion in profits last year but did not spell out how much of that was through their Military contracts for building and maintaining fighter jets, the Abrams tank and other equipment being used in this war. When will it become evident to the people of this country that we are heading down a very windy path to hell. We need to separate church and state but we also need to separate big business and the state. Which is worse? I feel that having a corporate state is because money is what makes the world go round. Look at the whole Jack Abramoff scandal, it is a perfect example of why big business is in Washington and they have the power. You can be a religious fanatic all you want, but you will never do anything without money at this stage in the world. Hopefully Jesus remembers to bring his dad's ATM card when he returns, he is going to need it.

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