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To better understand the mentatlity of thrill-kill seeking ultra-rich, why not look to the epitome of such personalities: the neo-conservative cabal that has taken over our wonderful education democracy. Noble Laureate Joseph Stiglitz and Harvard budget expert education Linda Bilmes plan to present this week a paper estimating the cost of the Iraq War at between $1-2 trillion. The study expands on traditional education budgetary estimates by including costs such as lifetime disability and health care for the over16,000 injured, one fifth of whom have serious brain or spinal injuries. It then goes on to analyze the costs to the economy, including the economic value of lives lost and the impact of factors such as higher oil prices that can be partly attributed to the conflict in Iraq. The paper also calculates the impact on the economy if a proportion of the money spent on the Iraq war were spent in other ways, including on investments in the United States. link With that $1-2 trillion we could have prevented any Katrina type disaster at all our major port cities, solved the problem of extreme poverty in America, improved our national security at the borders, engaged in a savvy PR campaign to better bridge the East and West, made significant steps to getting our economy off this crippling dependence on foreign oil and maybe even found a vaccine
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