Economics
How Much is $250 Billion?
By: Jeff Hackman As of early 2010, the war in Afghanistan will cost the American taxpayer over $250 billion. We’re adding well over $1 billion more to that total each week. How much money is $250,000,000,000? How much is one billion? How long does it take for a billion seconds to pass? There are 86,400 [...]
Read Full Post | Make a Comment ( None so far )The $800 Million-Dollar Man
by Jeff Hackman On the day after Obama’s speech, I chose to wear black. It is a sad day for the vast majority of Americans. Even more of our resources–in money, but more importantly in lives and talents–will be wasted in Afghanistan. ABC News had a great post by their investigative unit led by Brian [...]
Read Full Post | Make a Comment ( 1 so far )The War in Afghanistan: Your Bill is About to Go up by 50%
As of September, the war in Afghanistan was costing US …. $4,000,000,000 per month; $133,333,333 per day; $5.5 million per hour; $92,592 per minute; $1,543.21 per second It costs at least $775,000 to keep one US soldier in Afghanistan for a year. This is three times as expensive as any other war the US [...]
Read Full Post | Make a Comment ( None so far )How to Save $1 Trillion; and Democracy Too
By Jeff Hackman August 14, 2009 With six weeks left in Fiscal Year 09, it looks like the Federal budget deficit will be about $1.7 or $1.8 Trillion (what’s a hundred billion to us anyway?). This monstrous number that numbs the brain is over four times the previous worst-ever deficit. Some debate who’s responsible for [...]
Read Full Post | Make a Comment ( None so far )Victory Worth Celebrating
Celebrate! A small bite was taken out of the Military-Industrial Complex last week when the Senate voted against more F-22s. It seems those of us working for peace usually just speak and write about bad things that happen, so I think we really need to celebrate victories, even if they seem really small. Not building [...]
Read Full Post | Make a Comment ( None so far )Military-Industrial Insanity
by Jeff Hackman June 25, 2009 If any of you thought we’d see change after Obama’s election, well here it is: higher military budgets than Bush, larger military than Bush and more F-22s than Bush. Those are some of the changes in new defense (sic) bills working their way through the Democratically-controlled Congress. Even Sec. [...]
Read Full Post | Make a Comment ( None so far )Two Bills for the Bankers
The economic meltdown is hard to understand–take it from an economics teacher. But, I found another teacher who helps me with it. Bill Moyers interviewed Bill Black on his show recently. This is the place to find it out. And, more importantly explore some possible solutions. If the above link doesn’t work, simply search in [...]
Read Full Post | Make a Comment ( None so far )Bail Out America, all 304 Million of Us
Here’s an alternative to the bailouts that haven’t done much yet: instead of bailing out AIG, GM, etc., how about bailing out the USA? Take that $700 Billion, or another $700 Billion, (we can handle both right?) and write a check to each and every American. It would be about $2,300 per person. Each couple [...]
Read Full Post | Make a Comment ( None so far )Biggest Scandal in World History
Recently former VP candidate John Edwards admitted to having an affair. These tragic scandals we can understand. There are other scandals involving billions, even Trillions, of dollars that don’t get as much attention. Part of that I think is that it is hard to comprehend the scale of the scandal. Another factor is that we [...]
Read Full Post | Make a Comment ( None so far )$650,000,000,000
As of late summer 2008, Congress has approved spending about $650 billion on the Iraq War. About $3 billion more is being added to that total each week. How much money is $650,000,000,000? How much is even one billion? How long does it take for a billion seconds to pass? There are 86,400 seconds in [...]
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