We are not in a recession, we are booming hence why we can afford this extra 1/2 billion so far!

Posted: March 29, 2011 in Africa, Government, USA

Yeah we are full of money, just ask Uncle Bernanke. We need it, he prints it or digitizes it. We’ve committed to war for what a week now, and we are already up to 1/2 billion dollars in tax payer money killing people in other nations in a 3rd war. Which should be called World War 3. It’s two continents and more than 10 countries involved. But we won’t until 30 years down road when this is all blown over. It’s imperialism is what it is. Resource grab for oil, water, and dividends on country repair and rebuild, plus add in the financing of the rebels war and once they win and take over only after months and months of running up an unpayable debt. Then, then…they will be apart of the club and begin to pass war reperations for supporting them in their time of need, even though they didn’t want us there.

Pentagon: Libya mission has cost US $550M so far

AP 

// <![CDATA[By PAULINE JELINEK, Associated Press Pauline Jelinek, Associated Press ]]>

WASHINGTON – The military intervention in Libya has cost the Pentagon an extra $550 million so far, mostly for bombs and missiles, officials said Tuesday.

The figure is not a full picture of the price tag for the operation in that it does not include such money as pay for U.S. sailors, airmen and other forces, who would have been deployed somewhere in the world anyway, officials said. But it is the first official figure released on the cost of setting up the no-fly zone in the North African nation and protecting civilians from strongman Moammar Gadhafi as he resists a movement to oust him.

Of the $550 million in added spending through Monday, about 60 percent was “for munitions, the remaining costs are for higher operating tempo” of U.S. forces and of getting them there, Cmdr. Kathleen Kesler, a Pentagon spokeswoman, said Tuesday.

As of Monday, the 10th day of the intervention, the U.S. had launched 192 long-range Tomahawk cruise missiles from naval positions in the Mediterranean Sea — at a cost of about $1 million to $1.5 million each. The U.S. also had flown 983 sorties, 370 of those bombing missions against Gadhafi military sites and forces and the rest for surveillance, refueling and so on.

The spending only addresses the U.S. part of the costs in Libya, where an international coalition has been operating and NATO is now taking over command.

“Future costs are highly uncertain,” Kesler said. But officials estimate that they’ll see added costs of about $40 million over the next three weeks as U.S. forces are reduced and NATO assumes more responsibility for the operation started March 19, she said.

After that, officials expect to spend about $40 million a month, “if U.S. forces stay at the levels currently planned and the operation continues,” Kesler said.

With the U.S. already stretching to pay for the wars in Iraq and Afghanistan amid difficult financial times, the operation has drawn mixed opinions among lawmakers, including one who estimated last week that Libya could be a $1 billion campaign

http://news.yahoo.com/s/ap/20110329/ap_on_re_us/us_us_libya_cost

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