Preventing Armageddon Would Cost Only $100 Million … But Congress

by alexoscarew | November 23, 2012 at 06:21 am

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The government has thrown tens of trillions of dollars at the big banks, even though bailing out the big banks hurts – rather than helps – the American economy. See this, this and this. (And it doesn’t take a PhD economist to guess that using bailout funds to buy gold toilet seats and prostitutes is probably not the best way to stimulate the economy as a whole)..

Nobel prize winning economist Joe Stiglitz says that the $3-5 trillion spent on the Iraq war alone has been very bad for the American economy. See this, this and this. Security experts – including both hawks and doves – agree that waging war against Iraq and in other Middle Eastern countries weakens national security and increases terrorism.