Best of the Week
Most Popular
1.Gold Price Trend Forecast, Where are the Gold Traders? - Bob_Loukas
2.Stocks Bear Market of 2017 Begins? Shorting the Dow At its Peak! - Nadeem_Walayat
3.Betting on President Trump Leaving Office Early, Presidency End Date - Betfair Market - Nadeem_Walayat
4.Why Stock Market Analysts Will be Wrong About 2017 - Clif_Droke
5.Is This The Best Way For Investors To Play The Electric Car Boom - OilPrice_Com
6.Silver Price 2017 Trend Forecast Update - Video - Nadeem_Walayat
7.Gold Price Set For Very Bullish 2017, Trend Forecast - Austin_Galt
8.10 Things I learned From Meetings With Trump’s Transition Team - - John_Mauldin
9.How Investors Can Profit From Trumps Military Ambitions - OilPrice_Com
10.Channel 4 War on 'Fake News', Forgets Own Alt Reality Propaganda Broadcasting - Nadeem_Walayat
Last 7 days
Gold and Silver Weekly Update - 21st Feb 17
US Dollar and Gold Battle of the Cycles - 21st Feb 17
NSA and CIA is the Enemy of the People - 21st Feb 17
Big Moves in the World Stock Markets - Big Bases - 21st Feb 17
Stock Market Uptrend Continues - 21st Feb 17
Brent Crude Oil Price Technical Update: Low Volatility Leads to High Volatility - 20th Feb 17
Trump’s Tax System Could Spark The Wave Of Self-Employment - 20th Feb 17
Here’s How to Stay Ahead of Machines and AI - 20th Feb 17
Warning Signs Of Instability In Russia - 20th Feb 17
Warning: This Energy Investment Could Wreak Havoc On Your Portfolio - 20th Feb 17
The Mother of All Financial Bubbles will be Unimaginably Destructive when it Bursts - 19th Feb 17
Gold’s Fundamentals Strengthen - 18th Feb 17
The Flynn Fiascom, the Trump Revolution Ends in a Whimper - 18th Feb 17
Not Nearly Enough Economic Growth To Keep Growing - 18th Feb 17
SPX Stocks Bull Market Continues to make New Highs - 18th Feb 17
China Disaster to Trigger Gold Run, Trump to Appoint 5 of 7 Fed Governors - 18th Feb 17
Gold Stock Volume Divergence - 17th Feb 17
Gold, Silver, US Dollar Cycles - 17th Feb 17
Inflation Spikes in 2017, Supporting Gold Prices Despite Increased Odds of March Rate Hike - 17th Feb 17
Roses Are Red... and So's Been EURUSD's Trend - 17th Feb 17
Gold Trade Note Sighted - 17th Feb 17
Gold Is Undervalued Say Leading Fund Managers - 17th Feb 17
NSA, CIA, FBI, Media Establishment 'Deep State' War Against Emerging 'Trump State' - 16th Feb 17
Silver, Gold Stocks and Remembering the Genius of Hunter S. Thompson - 16th Feb 17
Maps That Show The US’ Strategy In Asia-Pacific - 15th Feb 17
The Trump Stock Market Rally Is Just Getting Started! - 15th Feb 17
Tesco Crisis - Fake Prices, Brexit Inflation Tsunami to Send Food Prices Soaring 10% 2017 - 15th Feb 17
Stock Market Indexes Appear Ready to Roll Over - 15th Feb 17
Gold Bull Market? Or was 2016 Just a Gold Bug Mirage? - 15th Feb 17
Here’s How Germany Buys Time From China - 15th Feb 17
The Stock Trader’s Actionable Guide to Trump - 15th Feb 17
Trump A New Jacksonian Era? The Fourth Turning (2) - 14th Feb 17
Stock Market Yet Another Wall Street 'Witch's Brew' - 14th Feb 17
This Is Why You Don’t Own A Lot Of Stocks - 14th Feb 17
Proposed Tax Reforms Face Enormous Headwinds - 14th Feb 17

Market Oracle FREE Newsletter

State of Global Markets 2017 - Report

U.S. Government Funding Corruption and Waste in Afghanistan

Politics / US Politics Jul 13, 2010 - 01:24 AM GMT

By: Dr_Ron_Paul

Politics

Last week, GOP chairman Michael Steele came under fire for daring to say what a lot of Americans already know - that our involvement in Afghanistan is an ill-advised quagmire with no end in sight. After nearly 10 years and approaching $1 trillion spent, the conflict is going nowhere because there is nowhere for it to go. After all, if victory is never really defined, defeat is inevitable.


With our economy at home in serious trouble, this wasteful occupation is something we clearly cannot afford. Each soldier costs us $1 million per year, and yet most in Washington are only considering how many more soldiers to send. Fuel costs an astonishing $400 per gallon for our military in Afghanistan! Yet somehow, many politicians feel it is acceptable to squeeze this money out of our taxpayers, who are truly struggling economically, to fund this non-war. Our economy here is not showing any real signs of improvement. Official unemployment is pushing 10% and getting worse. (Real unemployment is over 20% according to the free-market economists) The growing debt and inflation used to fund this occupation only dooms us to more economic hardship for a long time to come. And - for what?

Where the money for Afghanistan comes from is one problem - where it goes is another. Recently, it has come to light that much of the aid money we send to Afghanistan is lost due to corruption. Billions of tax dollars from hardworking Americans are ending up lining the pockets of corrupt Afghan officials, and likely even filtering into the Taliban we are ostensibly fighting. The Wall Street Journal recently reported that curiously enough, billions more than the Afghan government collects in revenue is leaving the country in the form of cash on huge pallets and in suitcases and mostly ending up in Dubai, as well-connected Afghan officials buy up luxury homes and enrich their personal off-shore bank accounts. Investigations into corruption and graft have been blocked by the Karzai government, probably because Karzai's own brother would have to be implicated. It is encouraging that the foreign aid appropriations subcommittee has attempted to block billions in aid as a response to these allegations, but this is likely temporary and may not even succeed.

The point is that sending aid money to Afghanistan is not making poor people over there better off. It is making poor people here worse off. Corruption is endemic to Afghanistan, with graft comprising about one fourth of their economy! Even though it is considered the second most corrupt nation in the world according to Transparency International, we still send the Afghan government billions of dollars in aid and are shocked to find it is not making its way out of the sticky fingers of the officials entrusted with it.

Robbing citizens here to fund corruption over there is not helping average citizens anywhere. We are sacrificing real economic opportunities at home for the opportunity to line corrupt pockets in Afghanistan. Not only that, but American soldiers are being killed and maimed. It is tragic and frustrating how much we have lost and wasted already. It is time to leave Afghanistan to the Afghans to sort out. I am glad more Americans are finally willing to face this reality.

Dr. Ron Paul
Project Freedom

Congressman Ron Paul of Texas enjoys a national reputation as the premier advocate for liberty in politics today. Dr. Paul is the leading spokesman in Washington for limited constitutional government, low taxes, free markets, and a return to sound monetary policies based on commodity-backed currency. He is known among both his colleagues in Congress and his constituents for his consistent voting record in the House of Representatives: Dr. Paul never votes for legislation unless the proposed measure is expressly authorized by the Constitution. In the words of former Treasury Secretary William Simon, Dr. Paul is the "one exception to the Gang of 535" on Capitol Hill.

Dr. Ron Paul Archive

© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife