It's the Economy, Stupid!
Joachim Martillo (ThorsProvoni@aol.com)
Before the Iraq War, the State of Israel had probably cost the USA something around $2-3 trillion in constant 2000 dollars -- in total and not just for aid.
In their recently published book entitled The Three Trillion Dollar War, The True Cost of the Iraq Conflict, Columbia Professor Joseph Stiglitz and Harvard Professor Linda Bilmes calculate the cost of the Iraq War, into which the USA was manipulated by Neocons acting as a Jewish Zionist special interest, at over $3 trillion dollars in 2008 dollars.
This amount must be added to the cost of Israel to the USA.
The US National Debt Clock gives the total amount owed by the USA as $9,673,439,186,084.33 as of September 7, 2008.
The dollar is worth a lot less today because of the Iraq war than it was in 2000. In constant 2008 dollars, US support for Israel is responsible for a good deal more than half and probably 2/3's of the total national debt.
Not only has US support for Israel done tremendous damage to the US economy and thereby harmed every single American except for Bush's hyper-wealthy very often Jewish Zionist cronies that have profiteered from the Iraq war and similar efforts on behalf of Israel, but because of the US role in the world economy practically everyone on the planet has been affected negatively by the US-Israel alliance.
To staunch the bleeding wound that Israel represents in the world economy, Israel must be dismantled and the assets of the Zionist Virtual Colonial Motherland (or Judonia as I prefer to call it) must be transferred to a US Sovereign Wealth Fund as compensation for the economic harm that Zionism has caused the US and whose most recent example I discuss in One Economic Crisis or Two?.
If the State of Israel and Judonia are not abolished, there is no way to escape catastrophe because the amount of US wealth consumed by Zionism and winding up in the bank accounts of Zionist Jewish political economic oligarchs will only grow until there is nothing left of the US economy.
Unfortunately, unless one of presidential candidates shows himself to be a true patriot willing to take a stand against shabbesgoyism, Americans have no hope for the future.
Selected reviews and articles about the book
- $3 Trillion May Be Too Low, by Joseph Stiglitz and Linda Bilmes, Comment is Free, The Guardian (UK), April 6, 2008.
- Ask a Question: The Three Trillion Dollar War, readers' questions answered by Joseph Stiglitz and Linda Bilmes, McClatchy Newspapers.
- How the US and Britain Went Wrong in Iraq, Review by Kit R. Roane, L.A. Times, March 30, 2008.
- Iraq, $5,000 Per Second? By Nicholas Kristof, The New York Times, March 23, 2008.
- False Economies, by Glenn C. Altschuler, Jerusalem Post, March 21, 2008.
- Estimates of Iraq War Cost Were Not Close to Ballpark, by David Herszenhorn, New York Times, March 19, 2008.
- Iraq war costs inspire shock and awe, By Stephen Fidler, The Financial Times, Monday, March 17, 2008.
- War's price tag, by Joseph Stiglitz and Linda Bilmes, Los Angeles Times, Sunday, March 16, 2008.
- What's the Tab? Reviewed by Carlos Lozada, Sunday, March 16, 2008.
- $3 Trillion is Just a Part of the Cost, by Olivia Ward, The Toronto Star, March 16, 2008.
- A $3 trillion debacle, Boston Globe, Saturday, March 15, 2008.
- Eyeing the wages of war, The Economist, March 13, 2008.
- ANALYSIS-U.S. economists see long-term ills from Iraq war, By Richard Cowan, Reuters, March 13, 2008.
- Book: Iraq costs U.S. $12B per month, USA Today, March, 2008.
- Iraq: Five years later and time to go, The Phoenix, March 12, 2008.
- The Iraq War Will Cost Us $3 Trillion, and Much More, by Joseph Stiglitz and Linda Bilmes, The Washington Post, Sunday, March 9, 2008.
- Joseph Stiglitz: The $3 Trillion Dollar War, Review by Sam Leith, The Telegraph (UK), March 8, 2008.
- Conflict is Costing Trillions - "They Can Explain the Benefits", by Michael Glackin, The Independent (UK), Sunday, March 9, 2008.
- Read Our Book Before Rushing to Judgment, by Joseph Stiglitz and Linda Bilmes, Financial Times, March 5, 2008, in response to the review, A War Appraisal Too Vast to Swallow, by Tunku Varadarajan, Financial Times, March 3, 2008.
- The $2 Trillion Nightmare, by Bob Herbert, New York Times, March 4, 2008.
- The Cold Price of Hot Blood, by Gary Kamiya, Salon.com, March 4, 2008.
- Nobelist Stiglitz Tallies Iraq War's Outrageous Cost: Review, by Charles Taylor, Bloomberg News, March 4, 2008.
- The $3,000,000,000,000 War is a Domestic Issue, by Arianna Huffington, Huffington Post, March 3, 2008.
- War Hits US Economy, Stalls Recovery, by Daniel Trotta, Reuters, March 3, 2008.
- The Three Trillion Dollar War, Project Syndicate, March 2008.
- Wars' True Cost More than $3 Trillion, by Kevin G. Hall, McClatchy Newspapers, February 29, 2008.
- Iraq War Will Cost Up to $5 Trillion, by Bob Deans, Atlanta Journal-Constitution, February 28, 2008.
- One Iraq War - that's $3 Trillion to You, Mr. Bush, by David Smith, The Sunday Times (London), February 24, 2008.
- The Three Trillion Dollar War, with Linda Bilmes, The Sunday Times (London), February 23, 2008.
2 comments:
Economists are as bad as politicians in terms of refusing to talk about the elephant in the room: Paul Krugman: The Power of De.
I'm glad that someone is looking at the situaton. Is there any realistic hope that law and order will be peacefully restored in the near future?
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