Super cool - http://www.gao.gov/new.items/d081128r.pdf
Since 2001, congress has provided DOD with about $807B for supporting military operations in GWOT(Global war on terrorism). This is comparable to paulson's $750B credit line to buy MBS. Of the $807B appropriated, DOD has obligated ~$595B.
- About ~$462B was spent on Iraq
- About ~$105 was spent on afganistan and others. I compare this with $80B bailout of AIG.
Sunday, September 21, 2008
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