The collateral benefits of a war with Iran include the destruction of China’s manufacturing capabilities due to a lack of oil. [...]
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The $4 trillion worth of economic damage caused by Al-Qaeda lays a financial burden of $12,389 on every American, and accounts for 28% of the U.S. national debt. [...] For want of a nail the shoe was lost. For want of a shoe the horse was lost. For want of a horse the rider was lost. For want of a rider the battle was lost. For want of a battle the kingdom was lost. And all for the want of a horseshoe nail. [...]  Chavez & Putin Russian warships to help Chavez’s anti-U.S. drive CARACAS (Reuters) – Russian warships will sail into the Caribbean later this year, helping Venezuelan President Hugo Chavez to fend off perceived U.S. aggression and weaken Washington’s influence in its traditional backyard. Evoking Cold War memories, Russia said this week it would send the missile-laden, nuclear-powered cruiser Peter the Great and other hi-tech ships for joint naval exercises with Venezuela scheduled for November. Continue reading We arm Georgia, Russia arms Venezuala The funds have been drained out of this country by the Iraq war, along with its consequences such as the high price of crude oil. No one dares say this. To be politically correct we have to blame it on the housing market. The housing market is a symptom, not the cause. The winner [...]
The nail piercing this bubble is the Iraq war, which has, so far, has cost the US $500 billion in military expenditures and about $1 trillion by such “unintended?” consequences as the rising price of crude oil and hidden inflation. The transfer of wealth out of the United States for crude oil has been massive – an unbelievable $70 trillion over the past 30 years. You will not hear this from the news media, nor that that the cost to produce a barrel of oil in Saudi Arabia and other Middle Eastern countries is slightly under $2.00. Continue reading Why and how the bubble burst In the November 29, 2007 edition of the New York Times, Peter Goodman wrote. “Credit flowing to American companies is drying up at a pace not seen in decades, threatening the creation of jobs and the expansion of businesses, while intensifying worries that the economy may be headed for recession.” “The combined value of two leading sources of credit — outstanding commercial and industrial bank loans, and short-term loans known as commercial paper — peaked at about $3.3 trillion in August, according to data from the Federal Reserve. By mid-November, such credit was down to $3 trillion, a drop of nearly 9 percent. Continue reading Where did all the money go? …To Iraq (and friends), stupid. SECRET AND STRICTLY PERSONAL – UK EYES ONLY DAVID MANNING From: Matthew Rycroft Date: 23 July 2002 S 195 /02 cc: Defence Secretary, Foreign Secretary, Attorney-General, Sir Richard Wilson, John Scarlett, Francis Richards, CDS, C, Jonathan Powell, Sally Morgan, Alastair Campbell IRAQ: PRIME MINISTER’S MEETING, 23 JULY Copy addressees and you met the Prime [...] |
US healthcare worst, and most expensive.
Infections kill 100,000 patients in hospitals and other clinics in the U.S. every year. Japan’s health-insurance system covers everybody, including illegal aliens. It pays for physical, mental, dental, and long-term care. Japanese are the world’s most prodigious consumers of medical care; they see the doctor about 15 times per year, three times the U.S. norm. They get twice as many prescriptions per capita and three times as many MRI scans. The average hospital stay is 20 nights—four times the U.S. average. Cost: And yet Japan produces all that high-quality care at bargain-basement prices. The aging nation spends about $3,500 per person on health care each year; America burns through $7,400 per person and still leaves millions without coverage. Canadians live three years longer and are healthier than Americans, and the lack of universal health care in the United States may be a factor, researchers say.
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