celinski wrote:
OK lets say USA did not spend the money in Iraq, do you think they would take that money and give it to the US citizens?
No, absolutely not...starting under the Clintons and reaching a fever pitch during Bush's
presidency, we have seen a wholescale looting of the US treasury: the war in Iraq has cost over a trillion dollars, and you will NEVER see a penny of that accounted for...in addition, on September 10,2001, US Minister of Defense, Donald Rumsfeld announced that over $2 TRILLION in defense money was 'unaccounted for'...he gave no explanation...of course, the next day was the '9-11 event' and the story disappeared, never to be spoken of in the mainstream media...only one Congress-person, Rep, Cynthia McKinney (D-GA) confronted the issue, and Rumsfeld personally...she was then drummed out of office with various smear campaigns and 'special interest' money...we also have the spectre of wholescale looting in the banking/stock/securities sector, which had again transferred TRILLIONS out of the hands of unsuspecting US investors, into the hands of organized gangsters, through vehicles like 'hedge funds', 'derivatives' and other even more speculative financial schemes...
Government IS the problem, but even more than that, here in the US, we have seen a
virtual PRIVITIZATION of government, which means everything and everyone is for sale...
and,as is the case with many 'going out of business' sales, what remains on the showroom floor will either be sold for pennies, or is not worth buying, as it is 'cheaper than it looks'.
Of course, the Federal Reserve bank can keep printing money, but this is no long term solution...since when I was a kid, in the early 1960's, I would estimate that the US dollar has lost about 75% of it's purchasing power, meaning, what you could buy for 25cents
in 1965 would cost, at least, $1 today...and I am being conservative here.