European Response to Financial Turmoil

Yes, the US has committed to $700 Billion.

On Mon, 13 Oct, Europeans ponied up something linke $2.3 Trillion to stabilize the current world financial order.  That’s a bit more than 3 times the U.S. commitment.

These are certainly exciting times!  Will these dramatic and gallant efforts work?

Costs of War

Do you recall seeing a fine gentleman on TV, in the early days of the Iraq war, describing the expected war costs?  Yup, it was that ole straight talker,  Mr Rumsfeld.  Yes, Don is the guy who tried to explain to us the variety of unknowns, bless him.  He certainly helped make things a lot more clear for me!

Mr Rumsfeld explained to us that the cost of the war could be expected to be around $60 Billion.  Well, guess what … it’s run a little over budget.

Here is a 2:39 film that helps to better explain the war costs.  We should be familiar with this topic.  War costs have lasting impacts.  The Hidden Costs of War