2006/01/10

New Orleans: Two Trillion for War, Pennies for New Orleans

In a "Guardian" article, Joseph Stiglitz, a Columbia University Professor who won the Nobel proze for eaconomics in 2001, says the real cost of the Iraq war is likely to be between one and two trillion dollars, up to 10 times more than previously expected. Included are lifetime disability and healthcare for injured soldiers, as well as the impact on the American economy. The GOOD news is that Halliburton will continue to do well.

Meanwhile back outside the Bush ranch, click here for the Madsen Report, without regular telephones, the residents of New Orleans are living in a "cell phone hell". Dr/ James Kent Treadway, a well-known pediatrician in the Uptown district, committed suicide in his damaged house on November 16. His story is not unique.

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