Moral Outrage
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Posts Tagged ‘dollars

50 Facts about the US Economy you may not want to know

December 29, 2010

The following are 50 very revealing statistics about the U.S. economy: #50) In 2010 the U.S. government is projected to issue almost as much new debt as the rest of the governments of the world combined. #49) It is being projected that the U.S. government will have a budget deficit of approximately 1.6 trillion dollars […]

A Memorial Day Tribute to One Trillion Wasted Dollars

May 27, 2010

This May 30th we will reach another dubious milestone in our almost nine years of war. At that precise moment, we will have spent $1 trillion in operational costs for the wars in Iraq and Afghanistan, tracked by the National Priorities Project’s cost of war counter. What is $1 trillion worth? NPP explains it this […]

Your Tax Dollars at War

April 14, 2010

The 2011 military budget is the largest in history, not just in actual dollars, but in inflation-adjusted dollars, exceeding even the spending in World War II, when the nation was on an all-out war footing. This military spending in all its myriad forms works out to represent 53% of total US federal spending. US military […]

Why the U.S. interest in Yemen? Hint: Yemen is an Oil Chokepoint

January 20, 2010

The strategic significance of the region between Yemen and Somalia is a point of geopolitical interest. It is the site of Bab el-Mandab, one of what the US Government lists as seven strategic world oil shipping chokepoints. The US Government Energy Information Agency states that “closure of the Bab el-Mandab could keep tankers from the […]