Bush seeks to pressure Democrats over war funds
By Caren Bohan and Susan Cornwell
"WASHINGTON (Reuters) - ... During a visit to the Pentagon, Bush said delays in approving his $196 billion request for the Iraq and Afghanistan wars during the fiscal year that began October 1 would force cuts in military base operations across the United States."
Has W asked IRAQ for funding?
Iraq's pre-war oil production was 2.5Mn bbl/day. I'm guessing it's not quite back to pre-war levels. Let's say it's 2Mn bbl/day. Current price of oil is about $90/bbl. That comes to... let's see...
(2,000,000 bbl/day) x (365 day/year) x ($90/bbl) =
[drum roll, please...]
= $65,700,000,000/year.
Okay, it's not $196Bn... but it IS $65Bn. Could we have some of that to fund the war?
As I recall, we're there to help the Iraqis, right? Are they paying their fair share?
Note: The U.S. population is currently about 300,000,000... so that $196Bn is about $653.33/person. Could the Iraqis contribute the same per capita? Assuming pre-war population of 25,000,000 (and remember - the war refugees are all returning!), that'd be $16.33Bn - leaving $48.67Bn for the Iraqis!
Recall, "Iraq is a country that can really afford to finance its own reconstruction." [Paul Wolfowitz, 2003]
[What IS Iraq's current oil production? This seems like a metric that we ought to be reporting!]
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