Best of the Week
Most Popular
1. Best Cash ISA Savings Account for Soaring UK Inflation - February 2018 - Nadeem_Walayat
2.Gold Price Forecast 2018 - February Update - Nadeem_Walayat
3.Bitcoin Crypto Currencies Crash 2018, Are We Near the Bottom? - Nadeem_Walayat
4.Trump Bubble Bursts, Stock Market Panic Dow 1175 Point Crash Analysis - Nadeem_Walayat
5.Gold Corrects, Bitcoin Markets Crash, Whilst Stocks Plunge - Nadeem_Walayat
6.US Treasury Bonds: Fuse to Light the Bonfire - Jim_Willie_CB
7.Dow Falls 666 Points As Cryptocurrencies Crash And Krugman Emerges From His Van - Jeff_Berwick
8.Stock Market Roller Coaster Crash Ride Down to Dow Forecast 23,000 - Nadeem_Walayat
9.Trading the Shadows - Oil, Dollar, Stocks, Gold Trend Analysis - B.R. Hollister
10.Stock Market Analysis: Baying for Blood - Abalgorithm
Last 7 days
National Identity Demands Restrictive Immigration - 21st Feb 18
Best Opportunities for Freelance Technical Writing Jobs - 21st Feb 18
4% US 10-year Treasury Note Yield Will Be a Floor Not a Ceiling - 20th Feb 18
Governments Are LYING about Their Gold Activities while Mining Companies Cower - 20th Feb 18
No Silver Lining Here - 20th Feb 18
Semi Conductor Stocks SEMI Bearish? - 20th Feb 18
The Prisoner Promised Land - 20th Feb 18
Best Car Dash Cam Review: Z-Edge S3 Dual Dash Cam - UNBOXING (1) - 20th Feb 18
How Inflation Reduces The Real Value Of Social Security Net Of Medicare Premiums - 19th Feb 18
Could Stellar Lumens be a Challenger to Bitcoin for International Payments? - 19th Feb 18
US-China Trade War Escalates As Further Measures Are Taken - 19th Feb 18
How To Trade Gold Stocks with Momentum - 19th Feb 18
Is a New Gold Bull Market on the Horizon? - 19th Feb 18
Stock Market Decision Point! - 19th Feb 18
An Inflation Indicator to Watch, Part 1 - 18th Feb 18
Get on Top Of Debt Before It Gets on Top of You - 18th Feb 18
Will the Stock Market Make a Double Bottom? - 18th Feb 18
5 Reasons Why Commodities Are the Investment Place to be in 2018 - 18th Feb 18
1 Week Later, Stock, Bond Market Risk Remains ‘On’ as 2 of 3 Amigos Ride On - 17th Feb 18
Crude Oil Prices: A Case of Dueling Narratives? - 17th Feb 18
Free 1000 Youtube Subscribers Services - YTpals, Subpals, SubmeNow Test - 17th Feb 18
How to Trade as We Near March Stock Market Top - 16th Feb 18
Bitcoin as Poison - 16th Feb 18
GDX Gold ETF Weathers Stock Market Selloff - 16th Feb 18
Casino Statistics and Demographics - 16th Feb 18
IS Today Thee Stock Market Turn Day? - 16th Feb 18
Huge SMIGGLE Shopping HAUL, Pencil Cases, Drinks Bottles, Back Packs, Toys.... - 16th Feb 18
Tesla Cash Keeps Burning at $320 a Share - 15th Feb 18
Big Conflict Ahead in the Financial Markets - 15th Feb 18
Stocks Extend Rally Off Friday's Low, But Short-Term Exhaustion Near - 15th Feb 18
Stock Market Out on a Limb... - 15th Feb 18
Things Only a True Friend Would Say About Gold - 14th Feb 18
Global Debt Crisis II Cometh - 14th Feb 18
Understanding Crude Oil Behavior - 14th Feb 18
Stock Market is Getting Scary... - 14th Feb 18

Market Oracle FREE Newsletter

Urgent Stock Market Message

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

© 2005-2018 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

6 Critical Money Making Rules