The Cost of Risk Aversion

"Just in time to put a damper on your holiday spending comes this helpful article from the White House I mean McClatchy news service designed to prepare Americans for the impending raid on our hard earned money. Questions arise over how to pay for Afghanistan war is the name of the article and as one would suspects it helpfully points out that many of our previous Presidents raised taxes to pay for sending our Armed Forces onto the field of battle. My first thought upon reading this garbage was it reminded me of the main stream media’s attempt to provide us “depth and context” to former President Clinton’ life long history of predatory sexual abuse by dragging Thomas Jefferson and JFK through the mud. The second thing I thought was that our current efforts in Afghanistan are not remotely on the scale of our Civil War or World War II. The third thing I thought was that LBJ was an abject failure as was his short lived 10% surtax for Vietnam.

Coincidentally this article compliments the ongoing discussion in the comments section of my last post. As I stated there I have consistently raised the point that the level of money being expended on our current Afghan campaign cannot and should not be sustained. Not because our great nation cannot afford to keep 60,000 or so troops in the field but because a majority of it is being wasted."
FRI