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Which is more important? Fighting the War or Saving our Economy.?
I think the tumbling dominoes that are the Wall Street Financial Firms will continue to fall.
Should we Extract ourselves from our war(s) or Save our economy.
Maybe the Iraqi's can use their surplus to buy some of the failing banks.
The question is asking how we are going to pay the Trillion dollar cost for the bail out and the untold billions that the war is continuing to cost.
19 Answers
- Anonymous1 decade agoFavorite Answer
We are borrowing money from China to fuel the corporations and America's Opiate like addiction to oil. Now we are going to borrow 700 billion dollars from China to try to save the country from an economic depression. It's a sinking ship.
- Anonymous1 decade ago
This bailout is going to cost far more than a trillion dollars and it won't do much to help the american people.
People need to quit immediately buying stuff on credit and start paying cash and reduce their debts.
The war in iraq will go on and on and same in afghanistan. We haven't seen the worst of this economic mess. perhaps we need a big depression to wake people up.
As far as paying for this nightmarish amount of national debt with this bailout pushes the national debt to 13 Trillion plus dollars. It will require increased taxes for everyone just to keep the country afloat. So it's tax, tax, tax.
Iraq surely won't buy into this bad debt the banks are holding. Only one foolish enough to do this is the U.S. Congress.
- hardwoodrodsLv 61 decade ago
Unless you can show me that the housing market is connected to the war you are comparing apples and oranges. The housing market was caused by greed and the bailout is controlled by the Federal Reserve, a PRIVATE bank, not a federal government bank. If wall street falls it is their own, greedy fault. Besides, all the money spent on the war as gone back into the economy, right?
- Anonymous1 decade ago
saving our economy. i have no idea why stupid republicans and bush kool aid drinker srefuse to admit that this war has sunk our economy. it's costing us billions of dollars that we cannot afford right now while iraq has surplus of money. we borrowed insane amounts of money from china. and how about the fact that the whole purpose of this so-called war was to go after osama bin laden and his terrorists and they tricked the people into believing that iraq had weapons of mass destruction when they were never found. while osama was chilling in afghanistan.
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- momLv 61 decade ago
I don't think we should be doing a buyout nor do I think we should be doing a war. We can't afford either. It comes down to "Do you want China to own America?" 911 had nothing to do with the war in Iraq. It was Saudis flying the planes.
- Anonymous1 decade ago
They are parts to the overall equation. We spend $10 BILLION a MONTH on the war with Iraq. Where is that money coming from? Where is the trillion ($1,000,000,000,000.00) coming from? This is insane.
- 1 decade ago
The war in Iraq has no bearing whatsoever on America's security or progress. There's no definition of winning there.
If the economy fails, then that's a disaster.
- Anonymous1 decade ago
War? What war? Oh, you mean the one that we started by declaring war on Iraq for no logical reason but greed and power? Not sure.
- 1 decade ago
Both,if you loose the war it will be just a matter of time before losing the whole economy !
- Reflected LifeLv 51 decade ago
A war of necessity v.s. the economy, there's really no comparison.
Putting the war first is not putting the country first.