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No, Bloomberg, we didn't spend $2 trillion combatting OBL. [View All]

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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 01:25 AM
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No, Bloomberg, we didn't spend $2 trillion combatting OBL.
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Edited on Thu May-12-11 01:27 AM by pnwmom
Most of that money was spent in Iraq, and that war had nothing to do with OBL or terrorism.

http://www.bloomberg.com/news/2011-05-12/bin-laden-s-death-won-t-end-toll-on-taxpayers.html

Even in death, Osama bin Laden will be taking revenge on American taxpayers for years to come.

The U.S. government spent $2 trillion combating bin Laden over the past decade, more than 20 percent of the nation’s $9.68 trillion public debt. That money paid for wars in Afghanistan and Iraq, as well as additional military, intelligence and homeland security spending above pre-Sept. 11 trends, according to a Bloomberg analysis.

This year alone, taxpayers are spending more than $45 billion in interest on the money borrowed to battle al-Qaeda, the analysis shows.

The financial bleeding won’t stop with bin Laden’s demise. One of every four dollars in red ink the U.S. expects to incur in the fiscal year beginning Oct. 1 will result from $285 billion in annual spending triggered by the terrorist scion of a wealthy Saudi family.

SNIP
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