http://www.latimes.com/news/nationworld/world/la-na-warcosts22sep22,0,234891.story?coll=la-home-center
Spending on the wars in Iraq and Afghanistan is to rise from $173 billion this year to about $195 billion in fiscal 2008, which begins Oct. 1.In 2004, the two conflicts together cost $94 billion; in 2005, they cost $108 billion; in 2006, $122 billion.
This put a staggering total spent on the war at about 500 Billion, thats FIVE HUNDRED BILLION folks not million. That is just ridiculous, and the upcoming budget for the war is going to increase to 195 Billion for 2008. This is funding htat is going to be taken from else where or structured into the program by going more in to debt. People often times state its money we owe to ourselves, while this maybe true it results in a reduction of the value of the dollar due to how much is being barrowed against it.
This is shown in the value of the Euro Reaching 1.41 for one EURO. This alone should show how much of a impact the war is having on our future value. This war by no means is going to end soon, but there should be a exit stratagey starting to take place or atleast being thought up off. neither seems to be unfolding as of now with both parties. Thus the point i wanted to make was that this war is result in the value of the dollar decreasing as well presenting no end in sight with neither party representing a solution but rather pointing fingures. The way Politics always seem to pan out. with that i leave you with an interesting picture:

~Aditya


