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Stiglitz: War Costs Causing Credit and Housing Crises.


Business  (tags: Bush, Republicans, fiscal irresponsibility, warmopngers, war profiteering, economy, politics, investments, credit crunch, subprime mortgages )

Blue
- 669 days ago - thinkprogress.org
money being spent on the war each week would be enough to wipe out illiteracy around the world" and "[j]ust a few days' funding would be enough to provide health insurance for US children who were not covered."
Comments

Blue Bunting (855)
Thursday February 28, 2008, 6:05 am
Nobel laureate economist Joseph Stiglitz told London’s Chatham House today that the Iraq war has so far cost the United States $3.3 trillion, and that those costs are the “hidden cause of the current credit crunch” and housing crisis. Stiglitz added that “[t]he money being spent on the war each week would be enough to wipe out illiteracy around the world” and “[j]ust a few days’ funding would be enough to provide health insurance for US children who were not covered.” February 27, 2008 6:14 pm | Comment (26)
 

Blue Bunting (855)
Thursday February 28, 2008, 6:05 am
New home sales drop again.


$1.51


Another day, another new low for the dollar against the Euro...
 

Blue Bunting (855)
Thursday February 28, 2008, 6:07 am
FDIC expecting bank failures.

You all must surely remember "the greatest bank robbery in history" SILVERADO, engineered by Poppa Bu$h and Neil Bu$h; now the Bu$h Co. is raiding the U$ Trea$ury!
 

Thomas Panto (387)
Thursday February 28, 2008, 9:27 am

VIDEO : http://www.youtube.com/watch?v=Wnq6cD5jk1Q

$720 MILLION PER DAY.
 

Blue Bunting (855)
Friday February 29, 2008, 12:20 am
And Bu$h is asking Congre$$ for more money to fund his illegal war$ ....

while Bu$h VETOES the S-CHIP ... NO HEALTH CARE FOR OUR CHILDREN!!!

Throw the Bu$h RepubliCON$ out of Congre$$ and the White Hou$e!
 

Blue Bunting (855)
Friday February 29, 2008, 2:57 am
Bush White House Smears Nobel Economist: ‘Lacks Courage’ For Ignoring ‘Cost Of Failure’ In Iraq In recent interviews, Stiglitz said Bush’s war accounting practices “are so shoddy that they would land any public firm before the Securities and Exchange Commission for engaging in deceptive practices.”
 
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