The bin Laden plan to bankrupt America roars right onwards. Pentagon wants to DOUBLE the 'supplemental' funds for their failing wars! And debts owned by foreign governments shoots right off the charts which means China's plan to buy up our country a FOREX dollar at a time is right on track, too. None of this was talked about during the last election.
This is absolutely astonishing.
Jessica Holzer and Matthew Swibel 11.09.06, 6:00 AM ET
Donald RumsfeldThe U.S. armed services have requested a $160 billion supplemental appropriation to fund the wars in Iraq and Afghanistan in the remainder of fiscal year 2007--a staggering amount that, if approved by the Defense Department, may hasten the showdown between resurgent congressional Democrats and the Bush administration over the budget-busting War on Terror.
The request--which will likely include all costs related to the war on terrorism--far surpasses the $94 billion supplemental authorized earlier this year to fund the ongoing wars as well as hurricane recovery in the Gulf and is nearly double the $82 billion Iraq war supplemental outlay of 2005. It comes within days of Republicans' stunning losses in the midterm elections and the resignation of embattled Defense Secretary Donald Rumsfeld, who was set to decide on the request Nov. 15.
Good grief. If one doubles anything for any length of time, it rapidly reaches infinity. And Mother Nature hates infinity and always crashes any system striving for this goal. So we know for a fact that the number of times we can double the costs of Iraq and Afganistan's wars of oppression is finite and so we must decide where to draw the line.
The fact is, it is way late for this! We should have done this the first time the costs doubled! China and Japan own together, $1 trillion in USA government bonds. Americans own slightly more than that. In two more years, China and Japan will own $2 trillion in bonds. China's take has climbed more than 400% in the last two years. They are not doing this because they love us or think our country is stable.
They plan to use this to leverage our government into doing their bidding just as Japan already is doing.
And what is this widening river of red ink buying? 5 more soldiers were killed yesterday! This sad fact made no headlines in America. Buried deep within various articles detailing the collapse of order in Iraq, these poor people are left for dead. The public cares but not all that much or it would be top headlines, not hidden from view.
The chaos is taking shape: more and more attacks are using rockets!
By SAMEER N. YACOUB, Associated Press Writer 1 hour, 15 minutes agoBAGHDAD, Iraq - The U.S. government's office in central Iraq came under mortar fire early Saturday, an attack that touched off a blaze in part of the complex, Iraqi police said. There was no immediate word on damage or casualties.
In the western city of Tal Afar, two suspected insurgents were killed during an overnight search for those behind a suicide bombing Friday that killed six Iraqi soldiers in the western city of Tal Afar.
Hand grenades and 20 AK-47 assault rifles were seized in the raid just east of the city, along with fake ID cars and passports, cell phones, and a pair of pickup trucks, police Brig. Najim Abdullah al-Jubouri said.
Al-Jubouri identified those killed as Zainal Abdul-Ghani Younis al-Haider and Bakir Khuweiret, and said 10 terrorist suspects were arrested.
The mortar attack was at least the second reported in recent weeks against the U.S. office in Hillah, which oversees government and diplomatic interests in the central Euphrates region, about 60 miles south of Baghdad.
Nine of the 10 mortar bombs fired landed inside the complex, police Capt. Muthanna Khalid Ali said.
They intend to turn everything we built in Iraq with tremendous costs going to Halliburton and Cheney, into dust. They truly hate us with an amazing passion. The Vietnamese stare in astonishment and wonder. Yesterday, Bush dedicated a memorial to the Marines and he said, 'The battle of Fallujah will be remembered like all the other great battles in history.' I think this will be certainly true, it will go down in history as our Stalingrad.
Rove took comfort in results of the Connecticut Senate race between the anti-war Democratic nominee, Ned Lamont, and Sen. Joseph Lieberman, who ran as an independent after losing the Democratic primary over his support for the war. "Iraq mattered," Rove says. "But it was more frustration than it was an explicit call for withdrawal. If this was a get-out-now call for withdrawal, then Lamont would not have been beaten by Lieberman. Iraq does play a role, but not the critical, central role."At the White House senior staff meeting in the Roosevelt Room at 7:30 a.m. on Wednesday, Chief of Staff Josh Bolten thanked Karl Rove for his hard work in the elections, and the group around the big table burst into spontaneous applause.
No one brought a briefcase filled with dynamite. So the right wingers supporting their leader who leads continue to live in a fantasyland of their own creation. Many entities who are traitors to our once great nation need these wars because every year, the money pouring into their wallets doubles. It is that simple. They really think this can continue forever.
Or maybe they are all moving to Paraguay.
These people cut their fangs on Machiavelli, remember.
Bushie will throw ANYONE under the bus - the airport limo, rather.
yeah, we really need to spend more on taming the middle east. Uh-huh.
Honest to God, I hear feebly functioning warm bodies voicing a truer understanding of our "options" in Iraq and elsewhere than the Beltway bandits. Would Olympia Snow or the other one - Collins - despite their apparent perception that the right wing is possessed, stop the madness? Hell, no.
Defense industry is too important to them.
But I am still more hopeful than I have been in a l-o-n-g time.
Posted by: D. F. Facti | November 11, 2006 at 11:03 AM
A couple of items that generally fall within your interests:
http://today.reuters.com/news/articleinvesting.aspx?type=hotStocksNews&storyID=2006-11-10T153524Z_01_L10751035_RTRUKOC_0_US-MARKETS-FOREX.xml&WTmodLoc=Home-C3-Investing1-hotStocksNews-3
NEW YORK (Reuters) - The dollar hit new 2-1/2 month lows against the euro and an 18-month low against sterling on Friday after a top official said China's plans for diversifying its $1 trillion reserves included looking at currencies.
The dollar tumbled for a second straight session after Zhou Xiaochuan, the Chinese central bank governor, said that China planned to diversify its assets across different currencies and investment instruments, including in emerging markets....
This is more fun:
http://www.time.com/time/nation/printout/0,8816,1557842,00.html
Friday, Nov. 10, 2006
Exclusive: Charges Sought Against Rumsfeld Over Prison Abuse
A lawsuit in Germany will seek a criminal prosecution of the outgoing Defense Secretary and other U.S. officials for their alleged role in abuses at Abu Ghraib and Gitmo By ADAM ZAGORIN...
Posted by: Mike | November 11, 2006 at 01:53 PM
I feel some faint optimism, too, Facti! heh. Better shove it down and return to normal gloom and doom.
Thanks, Mike. I noted the Germans are going to nail Rummy earlier but haven't covered all the permutations about that amusing story. Oh, there are many angles there!
Posted by: Elaine Meinel Supkis | November 11, 2006 at 08:19 PM