27.1.05

US$80 billion!

just 3 days from the planned election in iraq, another 80 B. has been requested by bush. for a grad total of oh, around $300 billion on this 'war on terror'. let's see - just $427 billion in the red this year. so the total US debt is somewhere around $7.6 trillion! but that's okay - sage congress has agreed that it must be limited to $8.18 trillion. (see for yourself how much the us owes abroad - eg- >$1 trillion to foreign banks - by downloading the US treasury dept's 'international financial statistics')

how, i wonder, do the struggling masses of our little world feel about this, as they scrape together from their meagre coffers what they can to service their debts to the rich?

As per Nader's people:
Today, Africa’s debt to the IMF and WB stands at over $300 billion...$15 billion is transferred yearly from the poorest countries in Africa and the world to the richest countries in the form of interest payments.

when is enough enough?

speaking of not adding up, how is it that iraq gets to pay for it's own reconstruction? (and who's gonna get paid?)

peace ?

No comments: