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NeOmega is offline NeOmega
Prince
Play Pentagenesis Beta!
Feb 2002
time: 21:31
  Old Post 12-10-2003 10:07
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quote:
Originally posted by DanS
You would be working about 12 minutes a year for the good of Haliburton's shareholders. You've probably spent more time on this thread.


I make that much an hour?

Urban Ranger is offline Urban Ranger
Apolyton Duke of Off-Topic

Donate to the Red Cross
The City State of Noosphere, CPA special envoy
May 1999
time: 13:31
  Old Post 12-10-2003 14:47
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quote:
Originally posted by Drake Tungsten
quote:
but if you're so American, what's that Japanese flag doing there?


When did I claim to be American? I merely made fun of foreigners


If you are not an Usian, then Usians to you are foreigners. So, start making fun of them already!

Drake Tungsten is offline Drake Tungsten
Prince
Knee deep in alien womyn...
Oct 2001
time: 14:31
  Old Post 12-10-2003 18:45
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quote:
So, start making fun of them already!


I can't, in good conscience, make fun of those I know are superior to me.

GePap is offline GePap
King
of the Big Apple
Nov 2001
time: 23:31
  Old Post 12-10-2003 19:19
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quote:
Originally posted by Drake Tungsten
I can't, in good conscience, make fun of those I know are superior to me.


Your from Nebraska...that list must be rather huge.

Drake Tungsten is offline Drake Tungsten
Prince
Knee deep in alien womyn...
Oct 2001
time: 14:31
  Old Post 12-10-2003 19:22
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quote:
Your from Nebraska...that list must be rather huge.


Yep. Warren Buffet, Johnny Carson, Marlon Brando, The Koolaid Man, etc...

Kuciwalker is offline Kuciwalker
Emperor
of Schmooism
Feb 2001
time: 00:31
  Old Post 12-10-2003 19:41
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quote:
Originally posted by el freako
Are you really that financially illterate?

If you borrow money you have to pay interest on it - and unless you eventually pay it back you have to pay interest indefinately (by rolling the loan over).


Exactly. WE are loaning THEM money. We don't have to pay any extra. They do. So it's a non-recurring expense for US.

moron

Evil Knevil is offline Evil Knevil
Prince
St Andrews, Scotland.
Dec 1999
time: 05:31
  Old Post 12-10-2003 19:44 Visit Evil Knevil's homepage!
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Heh,
Just think, I'm still pissed that our Government is wasting £3 billion over there. Slight difference methinks.

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:31
  Old Post 12-10-2003 20:46
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quote:
Originally posted by skywalker


Exactly. WE are loaning THEM money. We don't have to pay any extra. They do. So it's a non-recurring expense for US.

moron


Yup obviously you are that financially illiterate.

The US government is financing it's war by borrowing (a large chunk of which is being financed by foreigners, mainly east asian government's central banks) and yet you say it's lending money - what an idiotic statment.

Zulu Elephant is offline Zulu Elephant
Prince

Jun 1999
time: 05:31
  Old Post 12-10-2003 21:13
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Maybe the US should have just paid Saddam $50bn to hold free elections and dismantle his regime

Kuciwalker is offline Kuciwalker
Emperor
of Schmooism
Feb 2001
time: 00:31
  Old Post 12-10-2003 21:23
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quote:
Originally posted by el freako
Yup obviously you are that financially illiterate.

The US government is financing it's war by borrowing (a large chunk of which is being financed by foreigners, mainly east asian government's central banks) and yet you say it's lending money - what an idiotic statment.


No - what's happening is we are GIVING money, as aid, to the Iraqis. They pay us back with deals on oil. Thus, we loan them money.

DanS is offline DanS
Emperor
Kickball Capital of the World
Jan 1970
time: 00:31
  Old Post 12-10-2003 21:44 Visit DanS's homepage!
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quote:
Maybe the US should have just paid Saddam $50bn to hold free elections and dismantle his regime


Saddam lost far more than $50 billion from the sanctions. He didn't seem to care too much.

Ned is offline Ned
Prince
of Aptos, CA
Oct 1999
time: 21:31
  Old Post 12-10-2003 21:59
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It is my understanding that the Iraqi infrastructure has been allowed to decay since the Baath Socialist Party took power. Reconstruction has very little to do with the damage we caused Iraq in two wars.

Still, remember the Marshall Plan? Not one single post here has mentioned the Marshall Plan. History records that the Marshall Plan, more than anything else, made European recovery from WWII a complete success. Should we forget the lessons of history with Iraq?

Evil Knevil is offline Evil Knevil
Prince
St Andrews, Scotland.
Dec 1999
time: 05:31
  Old Post 12-10-2003 22:15 Visit Evil Knevil's homepage!
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Actually the Baathist's improved the infrastructure after they took power. The huge debts and damage brought about by the Iran-Iraq war put a stop to that. The Gulf-War and subsequent sanctions also broke the back of Iraq's economy, as well as blocking foreign investment. So, while the wars didn't actually do massive damage, Iraq's subsequent weakening helped.

That was Saddams achievement, a good, centralised authority; something Iraq sorely needed.

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:31
  Old Post 13-10-2003 02:44
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quote:
Originally posted by skywalker

No - what's happening is we are GIVING money, as aid, to the Iraqis. They pay us back with deals on oil. Thus, we loan them money.


lol, this is just flights of fancy - Iraq's oil exports are worth around $25bn a year (assuming 2.75m barrels a day production and a price of $25 a barrel), around what they are recieving in aid.

However as DanS has pointed out $125bn of the $150bn spent has been on military operations - so to 'pay' you back the Iraqi's will have to give you free oil for just over 8 years (this also includes interest that the US government will have to pay on the debt amounting to around $65bn during that time) - does anyone here see the iraqi's doing that?
Even if they only offer a cut-price rate (say $10 off the market price - which would amount to $10bn a year) the deal would have to run for 3 decades for the US government to break even.
Would Iraq (especially a democratic Iraq) be willing to cripple it's major source of export earnings for over a generation with no formal agreement to do so?

I think you are living in a fantasy world if you believe so.

Kuciwalker is offline Kuciwalker
Emperor
of Schmooism
Feb 2001
time: 00:31
  Old Post 13-10-2003 03:48
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The point is, the concept is that we are lending money to them. That's how it's being presented. Therefore, for us, it is non-recurring.

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:31
  Old Post 13-10-2003 04:53
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That's how it's being presented where exactly?


You are giving them money that your government has borrowed (and has to pay interest, a recurring cost on) - but you have no official deal whatsoever for Iraq to 'pay it back'.

If you think that is a profitable, non-recurring cost way to lend money how about you lend me some under those terms

DanS is offline DanS
Emperor
Kickball Capital of the World
Jan 1970
time: 00:31
  Old Post 13-10-2003 06:01 Visit DanS's homepage!
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quote:
The point is, the concept is that we are lending money to them. That's how it's being presented.


Who is presenting it that way?

The only way we'll be paid back is by a more stable government that grows into a role as a swing oil producer.

Ted Striker is offline Ted Striker
Emperor
United States of America
Jan 1970
time: 21:31
  Old Post 13-10-2003 06:05 Visit Ted Striker's homepage!
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yeah

i don't know where this "lending them money" thing is coming from

ps i don't trust freako's eurocom slanted statistics

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:31
  Old Post 13-10-2003 06:37
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Why don't you trust the statistics I quote Ted?

They all come from reputable international sources (BEA, OECD, IMF etc.)

Where would you prefer I get them from, you?

Ted Striker is offline Ted Striker
Emperor
United States of America
Jan 1970
time: 21:31
  Old Post 13-10-2003 06:37 Visit Ted Striker's homepage!
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yeah

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:31
  Old Post 13-10-2003 06:49
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MichaeltheGreat is offline MichaeltheGreat
Apolyton Grand Executioner
mooning the house that Ruth built.
Oct 1999
time: 21:31
  Old Post 13-10-2003 10:27
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quote:
Originally posted by skywalker
The point is, the concept is that we are lending money to them. That's how it's being presented. Therefore, for us, it is non-recurring.


Nope, we're spending the money. They don't owe us free oil, or anything else. Hell, they don't even have a government that can enter into that type of deal. We sure as hell can't enter into it "on their behalf" and expect them to honor it.

It's money down the tubes.

Space05us is offline Space05us
King

Nov 2001
time: 17:31
  Old Post 13-10-2003 12:23
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quote:
The US has problems far worse than just Dubya! It's so bad even, that they have to get an Austrian to be governor of your richest state.


Wyoming probably has more money, California is constantly in debt trying to buy power and water off of other states.

dannubis is offline dannubis
Chieftain
Ghent
Apr 2002
time: 06:31
  Old Post 13-10-2003 13:20
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quote:
Still, remember the Marshall Plan? Not one single post here has mentioned the Marshall Plan. History records that the Marshall Plan, more than anything else, made European recovery from WWII a complete success. Should we forget the lessons of history with Iraq?



the marshall plan worked for europe because
1) our cultures are not that different from each other : we share the same general view on society
2) we had a common enemy : the soviet union

in iraq there is a totally different culture on which the US wants to impose its view of a free society. In addition the US is state enemy number 1 in most of that region of the world...
thats why iraq will never become pacified enough to even start reconstruction.

Oerdin is offline Oerdin
King
of Internet Music.
Sep 2001
time: 21:31
  Old Post 13-10-2003 13:28
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quote:
Originally posted by Space05us
Wyoming probably has more money, California is constantly in debt trying to buy power and water off of other states.


Constantly in debt? Just two years ago we had a surplus bigger then the entire bidget of most states. How does that equal constantly in debt in your mind?

DAVOUT is offline DAVOUT
King
AUERSTADT
Jun 2002
time: 05:31
  Old Post 13-10-2003 13:59
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quote:
Originally posted by DanS
Some things to point out.

(6) This expense is non-recurring.


Non-recurring hopefully, but as it is totally financed by increasing the debt, it will generate an additional charge of interests for the future.

Patroklos is offline Patroklos
Warlord
Back home in good ole Norfolk VA
Dec 2001
time: 05:31
  Old Post 13-10-2003 14:22
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Before I say anything, I would like to congratulate everyone for remaining semi-civil, these topics normally explode to the point that everyone just calls everyone else names without even discussing the argument at hand.

1). The figures are right about most of the money bieng used fro the military. As far as procurment (as this is what I do) we have SECURED (that is important in the world of military spending) funds for Carriers, the Littoral Warfare Ships, the converisn of 2 SLBM sub to SLGN subs, The Destroyer program is on track and paid for. Joint Strike Fighter is a go, F-22 was saved, as well as research none of us will know about for some time. We know were the money is going, and it is not so much an extra expediture as a restoring the stripped military budget from the Clinton years to its needed level. The current level is no where near the highest it has been.

2). As far as pissing away money we could be using here in the states, liberals have would piss it away far faster here than Iraq could ever do. They have perfected sink hole spending for 30 years. I find it HILARIOUS that liberal/socialist/eurocom whatever you ares are critisizing a conservative Republican administration for throwing money away on hopeless programs. Talk about hipocrits. BTW, anyone here have any idea how many people are employed building a Destroyer, how about an Aircraft Carrier. Money on the military filters down (not 100%) because guess who we buy the majority of our stuff from.

3). Anyone also want to guess what it cost to play the Iraq thing the UN way for the last twelve years. We are talking at least one carrier battlegroup In the Persian Gulf at any one time. The airbases and forward deployed aircraft and troops, logistics staff, etc. ect. We easily spent over 200 billion a year maintaining those forces but that was Okay with you all. And occupation (especially when we can't do it right because we have interferance from whiny no nothing punks) takes time, it was expected to take a few years. Despite what you heard from anyone, the military always knew this (bieng obvious and all).

4). And then there is that whole thing about there being no action that would please most of you. No matter what Bush did we would still be on a similar thread listining to you spout rhetoric fron an idealogical rather than pragmatic standpoint. World sucks, people die, wars happen. Just because most of you posters live in little bubbles of peace and prosperity maintained by the very people you attack so often doesn't mean the outside word works that way.

And lastly, you know that whole Bosnia thing where it was so important that we help them out (and it was), there is no differance between what happened there and Iraq. We need to be there.

And a personal note form me. All the Euros who bach at our insistance on being in contol of the Iraq operation. We are the best at this whole military thing. We pay for NATO and the UN anyways, our terms are not outrageous. UN had a plan to deal with Saddam and Iraq, it was stupid and doomed to fail and did. Ours is working, however slowely, get over it. UN did nothing but prove its incompotence, ineptitude, and deadlock over the last decade and now you want to be in charge? Are you kidding. Even when the UN does these operations most of the troops are American, under American commanders by your own mandate anyways. Stupid.

(btw, I am on an 8 hour watch right now and have nothing better to do, so excuse the rant. Feel free to use whatever ammunition you think this gave you )

Cruddy is offline Cruddy
Warlord

Mar 2003
time: 05:31
  Old Post 13-10-2003 15:39 Visit Cruddy's homepage!
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quote:
Originally posted by Patroklos
All the Euros who bach at our insistance on being in contol of the Iraq operation.We are the best at this whole military thing.


Funny man.

That's just what a bunch of Yanks said about Vietnam.

Patroklos is offline Patroklos
Warlord
Back home in good ole Norfolk VA
Dec 2001
time: 05:31
  Old Post 13-10-2003 15:48
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Is that an English flag I see, how many of your ships did the Argentines sink? I am glad you enjoy laughing at the casualties of your allies, I will leave the smilies out of my comment because it wasn't funny.

Vietnam had nothing to do with our lack of military skill, it was that our leaders didn't have enough political skill to let us use it. in there defense though, they were only liberal democrats, can't expect too much out of them. (even with their interferance 56,000 to 2 million over 12 years makes Vietnam one of our best on record by the numbers. 2 million is Vietnams number btw, ours is 3).

By the way, Vietnam is a perfect example of what happens when we let people such as yourself, Cruddy, have imput inot military/political desicions. Thank you for illustrating that brilliantly with your acinine comment.

TheStinger is offline TheStinger
Warlord
International crime fighting playboy
Apr 2002
time: 05:31
  Old Post 13-10-2003 16:00
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quote:
Originally posted by Patroklos
Is that an English flag I see, how many of your ships did the Argentines sink? I am glad you enjoy laughing at the casualties of your allies, I will leave the smilies out of my comment because it wasn't funny.

Vietnam had nothing to do with our lack of military skill, it was that our leaders didn't have enough political skill to let us use it. in there defense though, they were only liberal democrats, can't expect too much out of them. (even with their interferance 56,000 to 2 million over 12 years makes Vietnam one of our best on record by the numbers. 2 million is Vietnams number btw, ours is 3).

By the way, Vietnam is a perfect example of what happens when we let people such as yourself, Cruddy, have imput inot military/political desicions. Thank you for illustrating that brilliantly with your acinine comment.


Ignorant american, that is a UK flag.

They sank quite a few of our ships whilst our allies bravely sold us weapons.

 
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