April 29, 2008
The Facts
Defense Secretary Robert Gates says he has heard senator’s concerns “loud & clear” about spending US taxpayer dollars on Iraqi reconstruction while Iraq banks their billions of oil dollars. Gates has got the Pentagon to agree to cut $171 million from their budget for building new police stations in Iraq.
My View
Ok, here it is; $47 billion has been approved for rebuilding Iraq. That makes the $171 million less than .4% of that amount. That’s “point 4%”; less than one-half of one percent. The Iraqis have banked over $60 billion from oil. So they have to spend less then .3% (point 3%) of that amount to build the police stations. I don’t know about you, but I feel much better now knowing our government is not spending so much money on rebuilding Iraq. Hell, we’ll even be able to pay off the cost of the Iraqi war in just 49 years and 51 weeks now instead of the 50 years it was going to take. Can you imagine how little the amount would have been had Gates not heard the senator’s “loud & clear”?
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