This Just in!
The 50 billion dollar war with Iraq actually cost 1.2 trillion dollars. Now that's inflation! Gosh, Prez. Bush! Whut hoppin'd?
You can read about it in today's New York Times. By the way, the price just keeps going up and up and up.
More Money Matters:
You don't want to miss this one. Johnnie M. Burton, the director of the Interior Department's Minerals Management Service, "who told a House hearing last September that she first learned about the royalties problem [wherein oil and gas companies drilling in public waters must pay royalties to the government] in January 2006," was trapped by e-mail in a confession that she actually knew of the problem as long as three years ago. This allowed the oil and gas industry to avoid paying $865 million into the government's coffers.
This is hardly a drop in the waters in terms of paying for the completely unjustifiable war in Iraq, but it sure helped make a few people rich, those people who like to finance a certain you-know-who's political campaigns.
The 50 billion dollar war with Iraq actually cost 1.2 trillion dollars. Now that's inflation! Gosh, Prez. Bush! Whut hoppin'd?
You can read about it in today's New York Times. By the way, the price just keeps going up and up and up.
More Money Matters:
You don't want to miss this one. Johnnie M. Burton, the director of the Interior Department's Minerals Management Service, "who told a House hearing last September that she first learned about the royalties problem [wherein oil and gas companies drilling in public waters must pay royalties to the government] in January 2006," was trapped by e-mail in a confession that she actually knew of the problem as long as three years ago. This allowed the oil and gas industry to avoid paying $865 million into the government's coffers.
This is hardly a drop in the waters in terms of paying for the completely unjustifiable war in Iraq, but it sure helped make a few people rich, those people who like to finance a certain you-know-who's political campaigns.
posted by Jim | 10:53 PM
1 Comments:
Jim, on top of all this is the continuing debacle of the 1872 Mining Act. You can read on overview here http://www.earthworksaction.org/1872.cfm
But let's just say that American taxpayers have been ripped off for more than a century and the ripping off continues to this day.
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