The Three Trillion Dollar War

A panel discussion with economists Joseph Stiglitz and Linda Bilmes regarding their new book, "The Three Trillion Dollar War: The True Cost of the Iraq Conflict."

Location: Columbia University, School of International and Public Affairs (SIPA)

Date: Feb 28, 2008

Category:

News & Politics

Tags:

• uchannel
• SIPA
• columbia
• iraq
• war
• cost
• finance
• military
• budget
• economy
• academic
• lectures

[DeejayLarz2006]

there are a lot of us who are awake to this ...but there are others, especially the younger generations, that are too brainwashed by the media ...in particular, whats happening with the celebrities and internet social networking sites. Its a clever way to take their minds off whats happening in the world. They push all of these teen-based reality shows and websites like myspace and facebook in their faces and "magically" the teens have no idea whats going on.

[SirDwarf]

How far from treachery can Bush actually be? He´s goverment seems to be about to sink the greatest contry, economy and beutiful place in the world. Have they missed that the hole world is turning against you guys?

I live in Europe and 10 years ago when we thoght of USA we thoght of freedom and greatness. Today murder, terror and torture. Is that how you want to be remebered?

[MrHarry46]

@jonil9999 brilliant!!.......now wake the REST of the country up!!

[MrHarry46]

if we ...uuuhhhhhhh uuuhhhh spent ..uuuhhh uuhhhmmm ..uuu...uuhhh 300 billion uuhhh....uhhhmmm..uuhhhhh dollars...uuhhhh uuhhhh uuhhh...then we..uuuhhhh uuhhhhh...uuuhhh uuuuhhh......whatever

this joseph stiglitz character needs a little brushing up on his oral presentory abilities.

[hapz3000]

@twisted45 obamas bailout reached 28 trillion?

[jonil9999]

You could 'stimulate' the economy by taking the 'monopoly of money making' from the private hands of the federal reserve. There are more people working now than ever and by taking the power back we could all enjoy the true rewards and payments that should be gained by working so hard

[twisted45]

bush's bailout had a limit of 700 billion

obama *barry satororo* *bailout* has no limit and has now reached 28 trillion wake up america foreign banks have taken over

[riethc]

Stimulate the economy by taxing the people? Isn't that just fleecing?

[OctoBox]

Suj: You didn't it's just you are making a "keynesian" argument, whether you know it or not.

Yes if the choice is $700B going outside the country or $700B staying in the country I'd choose "neither" because of dollar destruction and inflationary tax. But, if I was a welfarist I'd chose the money stay in the country.

Unfortunately 60% of this money will leave the country: Royal Bank of Scottland is one such welfare recipient -- they also gave Senator Dodd 250,000; wow!

[sujajajjaakakajjs]

Suj: Please do not say America has "free-markets"

Where did I say that?

I agree that the money could be spent 1000 gazillion times more efficient and whatever else you said.

Just answer which of those 2 simple choices would be more beneficial for the economy.

[OctoBox]

Suj: Please do not say America has "free-markets" -- the freest markets are in technology and that's why every year we get more for less. That's how healthcare should be. Where increases in technology reduce prices. But with massive regulation health care must have teams of lawyers and lobbyists; spending (I shit u not) 100's of billions per year to get around; as an industry.

Corporate Welfare an Gov't Welfare for People are both un-Constitutional.

Progressive Tax is a Plank of Communism