Showing posts with label Nearly. Show all posts
Showing posts with label Nearly. Show all posts

Tuesday, June 4, 2013

Study: Iraq War Cost U.S. $2.2 Trillion, Claimed Nearly 200,000 Lives


A new report by the “Costs of War” project at Brown University’s Watson Institute for International Studies finds that nearly 200,000 people, including soldiers and civilians, were killed in the war in Iraq President George W. Bush launched 10 years ago.

The report also found that American taxpayers will ultimately spend roughly $2.2 trillion on the war, but because the U.S. government borrowed to finance the conflict, interest payments through the year 2053 means that the total bill could reach nearly $4 trillion.

“Nearly every government that goes to war underestimates its duration, neglects to tally all the costs, and overestimates the political objectives that will be accomplished by war’s violence,” said Boston University professor of political science and project co-director Neta C. Crawford.

Indeed, the war devastated the Iraqi health care system and allowed militants to hone their skills and export them to neighboring conflicts:

Terrorism in Iraq increased dramatically as a result of the invasion and tactics and fighters were exported to Syria and other neighboring countries.
Iraq’s health care infrastructure remains devastated from sanctions and war. More than half of Iraq’s medical doctors left the country during the 2000s, and tens of thousands of Iraqi patients are forced to seek health care outside the country.

The Watson Institute project — which involves “30 economists, anthropologists, lawyers, humanitarian personnel, and political scientists from 15 universities, the United Nations, and other organizations” — comes on the heals of the Special Inspector-General for Iraq Reconstruction’s final report released last week finding that the U.S. spent $60 billion on reconstruction efforts in Iraq and that $10 billion of it was wasted on fraud and abuse.

Reuters reported that Steven Bucci, the military assistant to former Defense Secretary Donald Rumsfeld in the run-up to the war and today a senior fellow at the Heritage Foundation, didn’t dispute the report’s findings but said the U.S.’s post-invasion battles with al-Qaeda in Iraq — a group that did not exist prior to March 19, 2003 — made the war worth it.

“It was really in Iraq that ‘al Qaeda central’ died,” Bucci said. “They got waxed.”

Meanwhile, the AP reported this afternoon that “a string of explosions tore through central Baghdad within minutes of each other on Thursday, followed by what appeared to be a coordinated assault by gunmen who battled security forces in the Iraqi capital.” The AP said the attack — which reportedly killed 12 people — “bore the hallmarks of Al Qaeda’s Iraq arm.”


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Monday, June 3, 2013

Chick-fil-A Foundation’s Anti-LGBT Giving Nearly Doubled

As Chick-fil-A’s corporate foundation came under heavy criticism last year for its long record of anti-LGBT behavior, the company attempted to distance itself from its political record, claiming it intedend “to leave the policy debate over same-sex marriage to the government and political arena.”

But despite suggestions by some that the company’s WinShape Foundation had already scaled back its anti-LGBT giving before that point, its newly released annual IRS filings for 2011 indicate nothing of the sort.

Most of the WinShape’s anti-LGBT giving in previous years went to groups like the Marriage & Family Foundation ($1,188,380 in 2010), the Fellowship Of Christian Athletes ($480,000 in 2010), and the National Christian Foundation ($247,500). Additionally, the group made small donations to the “ex-gay” group Exodus International ($1,000) and the hate group Family Research Council ($1,000).

In 2011, the group actually gave even more to anti-LGBT causes. Its contribution to the Marriage & Family Foundation jumped to $2,896,438 and it gave the same amount to the Fellowship of Christian Athletes and National Christian Foundation as it had in 2010. In total, the anti-LGBT spending exceeded $3.6 million — almost double the $1.9 million from the year before.

While the group gave nothing directly to Exodus International or FRC, a large amount of Chick-fil-A/WinShape money still made its way to those groups. The National Christian Foundation (aka the National Christian Charitable Foundation) gave $4,100 to Exodus International and a stunning $1,260,040 to FRC. This was possible, in part, because of the $247,500 it received directly from WinShape and because the WinShape-backed Marriage & Family Foundation also transferred $870,834 to the group — the self-described “largest Christian grant-making foundation in the world.”

In essence, Chick-fil-A’s “charitable” contributions in 2011 were no less hateful than in 2010 — just less transparent.


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Friday, March 22, 2013

Michigan Governor Supports Extending Medicaid Coverage To Nearly Half A Million Low-Income Residents

Michigan Gov. Rick Snyder (R)

Michigan Gov. Rick Snyder (R) is set to announce his support for Obamacare’s optional expansion of the Medicaid program at a press conference on Wednesday afternoon. The announcement, which comes a day before the governor will address his budget priorities for the upcoming legislative session, will make Snyder the sixth Republican leader to agree to the health law’s Medicaid expansion.

Implementing this aspect of President Obama’s health reform law will be particularly impactful in Michigan, where an estimated 470,000 uninsured residents will gain health coverage. The health policy groups that provided Snyder’s office with research about expanding Medicaid — including the fact that the state could save up to $1 billion over the next decade by accepting the federal funding to increase their Medicaid rolls — are welcoming the governor’s decision:

Snyder’s support for Medicaid expansion “really is a big deal,” said Marianne Udow-Phillips, director of the Ann Arbor-based Center for Healthcare Research & Transformation, which provided research to the governor’s office. CHRT concluded Michigan would save more than $1 billion in the next ten years as the federal government picks up the cost for health care for those who currently are not covered by insurance.

Moreover, most primary care doctors reported to CHRT that they are able to accept new patients who now would have insurance, she said.

What’s really powerful about this is that the governor did come at this from a very objective, analytical approach,” she said. “He looked at the facts, he pulled research from our center and … lots of people,” Udow-Phillips said. “I don’t want to say we’re surprised, but we’re very pleased that the facts did speak for themselves.”

The state’s Medicaid expansion will still have to be approved by Michigan’s legislature, where conservative opponents of Obamacare could present a roadblock. State-level resistance to health care reform has considerably slowed the implementation of the Affordable Care Act — but, as Snyder joins the growing list of Republican leaders who are conceding that implementing Obamacare makes sense for their constituents, the tide may be about to turn.


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Tuesday, January 22, 2013

U.S. Monthly Budget Deficit Nearly Disappeared In December

According to data from the Treasury Department, the U.S.’s monthly budget deficit all but vanished in December, coming in at just $260 million. Analysts had expected a $1 billion deficit for the month:

The U.S. government budget deficit narrowed to its most favorable December monthly result in five years, reflecting higher revenue, lower spending and calendar- driven shifts in some monthly payments.

The shortfall last month shrank almost completely to $260 million from $86 billion in December 2011, according to Treasury Department data issued today in Washington. The gap was smaller than the $1 billion median estimate in a Bloomberg survey of economists. Through the first three months of this fiscal year, the deficit was 9.1 percent smaller than the same period last year.

This was the best December result since 2007, before the financial crisis began. Monthly deficits can be a bit volatile, to be sure, but the low number is still a sign that the nation’s finances are moving in the right direction.

According to the Center on Budget and Policy Priorities, $1.4 trillion in deficit reduction over the next ten years would be enough to stabilize and eventually reduce U.S. debt. And for that number to be truly balanced — once all of the budget deals crafted since 2011 are taken into account — it would have to be composed of about 90 percent new revenue. 75 percent of the deficit reduction achieved by the Obama administration and Congressional Republicans has been via spending cuts.


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Saturday, December 29, 2012

Banks Paid Nearly $11 Billion In Fines In 2012

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