Creators Syndicate - Celebrating 20 Years as a World-Class Syndicate Of Talent

War Abroad and Poverty at Home

by Paul Craig Roberts

The U.S. Senate has voted $165 billion to fund Bush's wars of aggression against Afghanistan and Iraq through next spring.

As the United States is broke and deep in debt, every one of the $165 billion dollars will have to be borrowed. American consumers are also broke and deep in debt. Their zero saving rate means every one of the $165 billion dollars will have to be borrowed from foreigners.

The "world's only superpower" is so broke it can't even finance its own wars. ...

( Back to Article )

Join the Discussion

1 Comments | Post Comment

Report this post

Posted by: michael nola
Comment: #1
Sat May 31, 2008 10:14 PM

The Democrats have decided to roll the dice, funding the war thinking they'll win the election without having to face charges of "surrendering" in Iraq, it's a tremendous gamble as we are clearly headed for economic ruin in our quest to militarily dominate the world with only 5% of the world's population and an economy being hollowed out by fiscal insanity and outsourcing our industrial base in search of larger short term profits. The GOP is clearly delusional and if this country had an educated and engaged citizenry would never again gain power; it's a 50-50 toss up though, with the sheeple who pass themselves off as Americans.

Already have an account? Log in.

New Account
Your Name:
Your E-mail:
Your Password:
Confirm Your Password:

Creators.com comments policy