Iraqi Oil Theft Drives Up Reconstruction Costs

[Boult]

The Notion: Iraqi Oil Theft Drives Up Reconstruction Costs

The Bush administration told us Iraq oil would pay for reconstruction. It looks like this was yet another ugly fantasy.

(quoted from RSS feed summary)

via link: http://www.thenation.com/blogs/notion?pid=103173

important blurb:

But the American people have been misled on the costs of this war at every stage, so why what possible reason do we have to believe that these are real numbers? Nobel prize winning economist Joseph Stiglitz places the costs at $1 trillion to $2 trillion, depending on how long this madness continues.