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Blog Entry -  Submitted for:  Iraqnophobia—Let the Truth Be Told
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$450 Billion and Counting!
Added: 9/29/2007
Last Modified: 10/7/2007
Tags: IRAQ
Ranking: 4
Score: 1358.44
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shelbytemples

here is a famous qoute that defiantely states "if you stand for nothing, you'll fall for anything." With millions of internet websites and television newscasts dedicated to covering every inch of the War on Terror, how is it that political, diplomatic, and even media spin has convinced America to follow through with invading Iraq and Iran? Like Julia Roberts screamed in Erin Brockovich, "why is it that people tend to complicate situations that shouldn't be complicated?" I, in Katie Couric or Anderson Cooper fashion, have searched what seems like millions of internet articles and viewed hundreds of videos that express opinions about the war, personal beliefs on congressional agendas, and why Bush really is or really isn't to blame, looking for answers. A world of suggestive and thought provoking articles, statements and speeches, reasons and reasonings, are available to us nowadays that can lead us to our answers. The problem is, who can we really trust to tell us why this war has costed more than $450 billion dollars+ ? We all want to stand for something more, but we end up falling for anything less. The only way to figure out where all this money is going is to add it up ourselves. So let's do the math.

n January of 2005, a scandalous inspector general's report surfaced that said the United States-led administration that ran Iraq up until June of 2004, had lost track of $9 billion dollars in Iraq War funds. The $8.8 billion was reported to have been spent on salaries, operating and capital expenditures, and reconstruction projects between October 2003 and June 2004. The money came from revenues from the United Nations' former oil-for-food program, oil sales and seized assets -- all Iraqi money. Auditors were unable to verify that the Iraqi money was spent for its intended purpose. In one case, they raised the possibility that thousands of "ghost employees" were on an unnamed ministry's payroll. Pentagon spokesman Bryan Whitman told CNN that the provisional authority was operating under "extraordinary conditions" and relied on Iraqi ministries to manage development money that was transferred to them, which in lesser words, basically blames Iraq itself for misplacing nearly $9 billion dollars. Staffing shortages and turnover also resulted in inadequate oversight of budget execution by Iraqi ministries. But didn't allegations of corruption in the oil-for-food program should raise concerns about the Iraqi government's ability to manage the reconstruction funds? Again, who knows? What we do know is that we are $9,000,000,000 in the hole.

ccording to warresisters.org, the federal budget for the War on Terror will reach $727 billion by the end of 2008. Already, the US is overspending its current budget and we could reach a tremendous $1,000,000,000,000 (that's $1 TRILLION!) by the end of 2009. But as of now, here is how the budget really breaks down: Military Personnel costs $136 billion, Research and Development costs $70 billion, Construction costs $10 billion, Family Housing costs $4 billion, Retired pay and benefits costs $52 billion, International Security costs $10 billion, and Homeland Security (military) costs $31 billion. Matched with the $9 billion that was mismanaged and unaccounted for, that equals a total of nearly $312,000,000,000. Estimations aside, this leaves a ridiculous $138 billion in the dark! Where does all this money go you ask? Below is a chart that visualizes money distribution throughout five different categories:


"Past Military" represents veterans' benefits plus 80% of the interest of War debt. This is expected to rise an estimated 10% by early summer 2008. To break that down into simplified terms: what costs $52 billion right now, will cost $61 billion next summer. After this increase, it could very well rise 15% which would make $61 billion turn into $70 billion. Now, let's review our math: We have a total cost of $312 billion that is completely accounted for. NASA reportedly claims $9 billion, the Executive Office of the President reportedly claims $1.1 billion, the Department of Defense has reportedly said it uses $6 billion for miscellaneous items, and the military reportedly stakes claim over about $1 billion in "uncategorized" dollars. Those reports equals up to roughly $18 billion and when added to our accounted for total, it equals up to about $332,000,000,000 overall, still leaving $118 billion in the dark. The more questions we ask, the less answers we get. The more answers we search for, the more congress sets out to spin the story. The chart above breaks down the spending of our Iraq War budget pretty evenly and comes with sources for spending information. The chart below is a government view of the budget, a distortion of how our income tax dollars are spent because it includes Trust Funds (such as Social Security), and the expenses of part military spending are not distinguished from nonmilitary spending:


And there you have it. $332 billion barely accounted for and $118.7 billion unaccounted for. With a new Presidential election coming next year, will the spending for the war and the war itself slow down? Hillary Clinton has promised to end the war by 2009 if she were to win, but can Clinton recover our financial losses?

Join me in discovering how we can recover nearly $120 billion dollars. Join me in my conversation on how we can recover America's huge financial loss. Leave your views and reviews and let's get talking!

WHEN WILL IT STOP?

  Posts: 26 Votes: 141 Views: 2,485 Reviews: 135
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Featured Reviews

SupaG
9/30/2007 7:30 AM PT
(+7)
The dollar amounts are staggering and no one seems to flinch at them, or to even THINK about them. Yet, the roofs are caving in on the school buildings in our cities and we will have months of raging debate on whether or not to provide health insurance to poor kids, and we will have special votes to make sure that the troops don't get a break with their families before they redeploy. I never thought that I would feel embarrassed to be from America, but I really am ashamed. If you haven't joined already, check out MoveOn.org -- it's the first real voice for average people in ages. And yes, Congress and the White House have devoted time to condemning this group of people who are practicing their right to free speech. I guess free speech is unpatriotic, especially at a time when you are trying to bring freedom to the rest of the world by bombing them.
Reply

janet0513
10/2/2007 2:54 PM PT
(+5)
Wow this was very well written. Gets me wondering too. Its all just ridiculous to me. In my opinion everyone should just come home NOW. We need to use this money for better things such as...hmmm...lets see...HELPING TO REBUILD NEW ORLEANS!!! I understand that they need schools and stuff over there and all, but comon, take care of our country first, then we can "save the world". Take care of our PEOPLE! You know what else our money is going to? All the prostetics (sorry bout my spelling) that are being used. I mean hell yea its a GREAT advancement, and a great thing to have for the soldiers over there who lose limbs...but uhh, WHY are they losing limbs? Hmmm lets see...cuz they're in a friggin war for a reason that no one can really tell you. So we're spending money to repair people, who shouldn't even NEED repairing because they shouldn't even BE over there fighting. Like I said, this is all ridiculous.

Anyway, great entry! Heres my support!
Reply

shelbytemp les
10/4/2007 7:15 AM PT
(+3)
ATTENTION! PLEASE READ THESE GUIDELINES AND INSTRUCTIONS SO THAT YOUR COMMENTS AND REVIEWS WILL BE COUNTED TOWARDS CARE PACKAGES FOR OUR SOLDIERS IN COMBAT:

How to partipate:
- Register with coComment
- Find a blog, photo or video about the Iraq war on the internet (need ideas? See the blogs on the campaign mainpage!)
- Post your opinion with a “comment” on that item. Tag it “IRAQ”
- Check the “track this conversation” box each time post a review in this campaign!
- All “IRAQ” tagged comments posted on other sites and BRICKFISH REVIEWS tracked on coComment contribute to the care packages.
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jenstar
10/19/2007 10:07 PM PT
(0)
Hi Shelby! Excellent blog! Great research and satistics! I love the lay out! You always do a great job on your blogs. Keep up the good work! ;)
Reply

Bree1989
10/19/2007 8:56 PM PT
(0)
If you get a chance could you stop by and give me your lovely oppion on my "Pricey Ink stinks" campaign i would be so honored if you would!!
Reply

Bree1989
10/19/2007 6:26 PM PT
(0)
good luck with the judging!
Reply

HolyFire
10/19/2007 2:45 PM PT
(0)
This is amazing and very awakening!
Reply

janet0513
10/19/2007 1:40 PM PT
(0)
I coulda sworn I clicked the stars. Well here they are :)
Reply

janet0513
10/19/2007 1:38 PM PT
(0)
Last day for this...I think. Well anyway, I think I've said all I had to say but let me sum it up. The best way to stop spending this ridculous amount of money ona ll these things concerning the war is simple. END THE WAR! Bring our troops back home, and we can use the rest of the money we actually have for better things, like education and health care, and all the homeless in our country. Lets face it, theres no way we can actually recover all that money, but there is a way to stop from spending even MORE...well not really stop spending it, but just spending it on BETTER things that will help US.
Reply

rogerio
10/18/2007 5:13 PM PT
(0)
Olá... Hi!!
Great Work!!
5 stars ***** (estrelas) from Portugal for you!
Thanks for all your support!!
Please check out my campaign!!
Thank you! Obrigado!!
Reply

revolution arynam
10/18/2007 4:40 PM PT
(0)
...VERY GOOD ENTRY, SHELBY...COME CHECK OUT MY....SHOW US UR' ART 2, HERO WORSHIP, & ROCK OUR WORLD,-3 CAMPAIGNS...4 VOTES!!!
Reply

Arielrose
10/18/2007 3:23 PM PT
(0)
Really glad to see this conversation still going...keep up the good work!
Reply

janet0513
10/18/2007 1:18 PM PT
(0)
Awww I want more conversation, I like to answer back to people, but now that I have nothing to answer to, and I've said all I could possibly say, I'll just have to stick with: More support!
Reply

sweet666
10/17/2007 7:36 PM PT
(0)
very well written .. well done
Reply

brainkandy
10/17/2007 4:57 PM PT
(0)
I'm afraid my brain won't allow me to write up a worthwhile or motivational review today. But I did want you to know that I'm still here giving you my love and support because I TRUELY believe you deserve it. Perhaps my brain will function more properly tomorrow.. but for today I hope this is enough.

This comment was sponsered by: Copy+Paste ;P
Reply

rogerio
10/17/2007 3:58 PM PT
(0)
Hi!!... Olá!!
Nice job!!! Well done!!
5 ***** stars from Portugal for you... !!!
THANK YOU FOR ALL YOUR SUPPORT!!!
Please check out my campaign!!
Thank you! Obrigado!
Reply

janet0513
10/17/2007 1:13 PM PT
(0)
More support for this well written blog.
Reply

sammybunny
10/17/2007 10:11 AM PT
(0)
^Continued Support^

Reply
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