Stiglitz: $Billions wasted on The War on Terror

Joseph Stiglitz is one of the world's most best-known economists and most out-spoken critics of George Bush. In an exclusive interview with Sky News he likens America's response to 9/11 to a headless chicken, he says the billions of dollars spent on the War on Terror has been "more than wasted", and warns we'll be paying the price for the next 40 years.

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[mistakenshyness]

Calm, reasonable, dispassionate...More people like Stiglitz on television!

[Tehuelche941]

It is always interesting to hear to what he has to say. He is always talking global terms unlike some arrogant and ignorant presidents

[gundamWWW]

It doesn't take Joseph Stiglitz to figure out that artificially trying to create democracy in the developing Islamic nation will end in failure.

For all the money that we spent on Afghanistan and Iraq

we could have

1. Invested the money into the United States (funding our existing programs)

2. Solved world hunger

3. Provided Income Tax cuts to Americans making under 60k

4. Not borrowed the money from the Chinese in the first place to fund the wars

All of these were solid options.

[selfrealizedexile]

This same dunce will tell you if the two wars were large enough, they'd get us out of our current depression. There's no consistency with these Keynesians, and it stands to reason. If they tried to be logically consistent, the school of thought would cease to exist.

[chewbaca1989]

I have to correct this good man, Mr. Stiglitz, America is a REPUBLIC.

America ought to respond by getting back to the basics that made it a great prosperous nation.

REPUBLIC

[tv10morehead]

So basically he has some ethics but it is about becoming "integrated" into the global society in a socialist way instead of the bushistas corportist way. Either way it is

David Rockerfeller's "one world if you will"?

We wil have global governance by hook or crook or by force according to these globalony types. Stiglitz is just not fighting it but griping bout the way it is being implemented?

[8data]

terrorism is not as existentialist problem as climate change

[industrialbluelights]

a breath of fresh air!

[toplobbyist]

some lobbyist take money. some lobbyist find ways to rebuilt the 70 000 bridges of the u.s.a today, and the financing for it. we are not all working towards the same futur. joseph claude francois simard top lobbyist. loyal to the survival of men kind f.c.f.f.s.a.a. intel registry

[PadawanOsswe]

and all that money spent on the GWOT will end up saving his ass and mine! then I will graciously accept his apology.

[PadawanOsswe]

this guy is on crack, the world didnt like us in the first place, whats new?