The Mudcat Café TM
Thread #95069   Message #2286024
Posted By: Lonesome EJ
12-Mar-08 - 01:09 AM
Thread Name: BS: Iraq cost: 2 Billion Dollars Each Week
Subject: RE: BS: Iraq cost: 2 Billion Dollars Each Week
Excuse me if I seem sceptical, pdq. At current market value of 100 dollars per barrel, that would be 216,000,000 dollars per day. The Iraqi people are getting this? Check this on the MSNBC news site :
Last week, Sens. Carl Levin, a Democrat, and John Warner, a Republican, asked GAO to investigate what Iraq is doing with its oil revenue. The senators estimated that Iraq will realize "at least $100 billion in oil revenues in 2007 and 2008."

Currently, the Iraqi Government is hording this treasure while the US citizens are being charged 3 billion a week to prop up this same government!!??? Does anyone actually believe that this money will end up in the hands of the people of Iraq? Damn right part of it should be used to defray the cost of the war, and part of it should be put to work immediately to rebuild infrastructure, train troops, and raise the standard of living of the people of Iraq! Why the hell isn't that an election issue right now?