According to a new report by the non-partisan Congressional Research Service, "in the first half of this fiscal year, the Defense Department’s "average monthly obligations for contracts and pay [for the War in Iraq] is running about $12 billion per month, well above the $8.7 billion in FY2006."
One advertising agency did a good job of putting the figure of a "Billion" into some perspective:
a. A billion SECONDS ago it was 1959.
b. A billion MINUTES ago Jesus was alive on the earth.
c. A billion HOURS ago supposedly our ancestors were living in the Stone Age.
All this to say, $12 Billion Dollars is a lot of money!
To continue on with Congressional Research Service numbers, we are told that depending on troop levels, total funding for the war could reach "about $980 billion to $1.4 trillion by 2017."
Now, 1 trillion is the total borrowed by every U.S. administration between 1776 and 2000 ($1.01 trillion). And this amount will be spent on a war, a failed war at that?! The mind implodes.
What this money could buy
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