That works out to about $20,000 per person in the US. PBS Newshour has been running series detailing the costs of the war in Iraq: PBS.orgAnother way to think about it.
Image if the war costs half that amount. How much is a trillion dollars?
Another time analogy is illuminating. A million seconds takes approximately 11.5 days to tick by, whereas a billion seconds requires about 32 years. Fully 32,000 years need to pass before a trillion seconds elapse. (This from the second link)
Edit added second paragraph.
This message has been edited. Last edited by: Dwight,
Posts: 4288 | Location: Anchorage, AK | Registered: 06-05-02
I remember that bush, in campaigning against Gore, said that he would run the country like a business. Had everyone known that he would run it like he did his businesses, he may not have been elected. ================================================= Arbusto Energy (sometimes referred to as Arbusto Oil)[1] was a petroleum and energy company formed in Midland, Texas, in 1977, by George Walker Bush and a group of investors. In 1982, Arbusto became known as Bush Exploration, a year after George H. W. Bush became Vice President. A friend of the Bush family, Philip Uzielli, invested $1 million in 1982 in exchange for a 10% stake in the company, at a time when the whole company was valued at less than $400,000. As it neared financial collapse again in September 1984, Bush Exploration merged with Spectrum 7 Energy Corp., a company owned by William DeWitt and Mercer Reynolds. Bush became Chairman and CEO of Spectrum 7.
In 1985 Spectrum 7 reported a net loss of $1.5 million and was bought in 1986 for $2.2 million by Harken Energy, with Bush joining the Harken board of directors and finance audit committee.
In June 1990 Bush sold most shares in Harken to a Los Angeles broker named Ralph D. Smith. One week later Harken announced an overall loss of $23.2 million triggering an investigation by the U.S. Securities and Exchange Commission into the sale. - Wikipedia
Posts: 16633 | Location: Lincoln Place, Granite City, IL, USA | Registered: 06-03-02