Obama Will Spend "6 Times" As Much On Bailouts As Iraq War

“Removing Saddam Hussein from power was the right decision, and this is a fight America can and must win… For the terrorists, Iraq was supposed to be the place where al Qaeda rallied Arab masses to drive America out. Instead, Iraq has become the place where Arabs joined with Americans to drive al Qaeda out. Critics of the war of can no longer credibly argue that we are losing in Iraq, so now they argue the war costs too much.”

President George W. Bush
On Victory in Iraq
March 19, 2008

Of course, Barack Obama never missed a chance to blast the Bush Administration for spending billions in Iraq.

But, suddenly blowing billions of taxpayer dollars is not an issue.
It took Barack Obama and democrats only three weeks to blow twice as much as was spent on the Iraq War- Approximately 1 trillion versus 500 billion.


Where have all the fiscal loons gone?

And, if the true Generational Theft Act price tag of $3.27 trillion is reached in the next couple of months, that would be 6 times as much as was spent in over 5 years liberating, stabilizing and building a functioning democracy in Iraq.

Related… New York will receive more federal money from the bailout than it did after 9-11.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

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