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October 22, 2007

Today Man-or-Monkey slumped out of his cave to demand that Congress approve his request for an additional $42.3 billion in war-related spending. During his five-minute diatribe there was no mention of plans to provide any additional expenditures for poor, sick American children.

"Don’t worry; we can just put it on the national credit card,” wrote Dina Rasor for the Huffington Post, Sept. 28. “Until yesterday, that credit card, also known as the national debt, was hitting its legal ceiling. Unlike the rest of us who finally max out on our credit cards, the Federal government can just keep borrowing more.

"The Senate raised the debt ceiling from $8.965 trillion to $9.815 trillion. This is the fifth time the debt ceiling has been raised under the Bush administration and in just over six years, the Bush administration has raised the national debt by almost $4 trillion."

A trillion dollars is more than most people can comprehend but the money used for the war could provide much needed aid and assistance to the American people. The additional funds requested would bring the total cost of the Iraq War to $611 billion.

What else could the money buy? According to NPP, for the same amount of money, the following could have been provided:

With $300 billion the government could simply hand out $1,000 to every American or about $47 to every person on the planet. We could buy a computer for every American child or for fun, the government could send every man, woman and child in the U.S. a brand new iPod.
$300 billion would give each school $3 million or provide a $100,000 bonus for every teacher in the country.

The average college tuition is $5,100 in the U.S. With 14 million students enrolled, just $285 billion would buy them all a four-year degree.

We could pay for all the losses from Hurricane Katrina and still have at least $100 billion left over. We could also pay all the out-of-pocket health care costs for every American for a year or fill all of our tanks for 12 months.

There are about 800 million hungry people in the developing world. It costs about $43 to feed each person for a year. With $300 billion the U.S. could end world hunger for about eight years.


But noooooo, we've got to keep with the killing and maiming and creating all that "good will" in Muslim nations.

We'll discuss this latest outrage tonight

--KBM

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Mike Malloy can be heard every night at 9PM ET, on affiliates of the Nova M Radio Network!

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