« Japan Really Has Inflation Just Like The US | Main | A Mighty Oak Dies »


Frederick N. Chase

"I remember when Bush fired the Treasury Secretary when he warned this war would cost us
$200 billion. This sum is big, by the way."

The wars in Iraq and Afghanistan could cost
as much as $2.4 trillion through the next decade,
the nonpartisan Congressional Budget Office said Wednesday.
The White House brushed off the analysis as "speculation."

$2.4 trillion/$200 billion = 12

AP - more

Frederick N. Chase

The wars in Iraq and Afghanistan could cost as much as $2.4 trillion ...

Sorry, that AP URL is wrong.
But you can easily search for the
Associated Press article.

Old Ari

Now check out charging for storing silver bullion, which did not exist!


The Russian bear is not happy, but he sure is funny...


Arriving for a summit with European Union leaders, the Russian leader did not make any direct reference to the U.S. announcement., but he said the standoff with Iran will have to be resolved through patient talks.

"Why worsen the situation and bring it to a dead end by threatening sanctions or military action?" Putin asked. "Running around like a madman with a razor blade, waving it around, is not the best way to resolve the situation."

Not Student

LOL! I love Putin. He has a wicked sense of humor. Hu of China might be more effective as a beaurecrate, but Putin has got the leadership charm.


One of your best posts Elaine ! Congratlations !


If I were a Russian, I would probably be a Putin supporter. He undoubtedly has blood on his hands, among other things, but if I had lived through the rape and pillage of Russia under Yeltsin and survived, the fact that Putin is not a traitor to his country would be good enough for me, as I am sure it is for most Russians.


We were told at a town meeting last spring that if the town does not change anything, taxes will have to double in ten years. That is about 7% annual inflation. While nobody likes taxes, people would probably shrug and accept this if their incomes were going to double also. My income is increasing at just less than half that rate, and I get paid fairly well. Everybody is in trouble if this continues.

Elaine Supkis

Correct! Taxes, health care, food and energy are all relentlessly climbing: a classic inflation/depression set up. This is deliberate. Unlike in 1974, though, our criminals in the government have altered inflation statistics so they are totally fake.

Inflation isn't 2% at all, it is 5% higher. My local bank is now offering CD certificates at nearly 6%, for crying out loud.

The comments to this entry are closed.

Blog powered by Typepad