3 Trillion Dollar Spending Spree

Here, have $3,000,000,000,000 and spend it!

What appears to be an art project (or is it marketing?) is critiquing the cost of the USA invading and occupying Iraq. That’s right, it will cost $3 trillion to fight for oil, er, freedom. The website linked above is a challenge to see how well you can spend the same amount of money for the world that you want. It’s obviously aimed at Americans. Take a look at my shopping cart here.

$3 TRILLION isn’t just how much the Iraq War will cost our government, it’s how much it will cost our sputtering economy. When the Bush administration launched this war, they claimed Americans would not have to make sacrifices. They even cut taxes with the help of a Republican-led Congress, rather than raising them as had been done historically in times of war. According to Nobel laureate economist Joseph Stiglitz and Harvard professor Linda Bilmes in their book The Three Trillion Dollar War, we’re fighting an unnecessary war on borrowed money. The war has caused our skyrocketing national debt. And more than anything else, the war has caused our recession.
Here’s how $3 trillion breaks down:

$526 billion — borrowed money poured into Iraq so far
$615 billion — total interest costs for taxpayers
$280 billion — to rebuild our military
$590 billion — disability benefits and health care for Iraq veterans
$1.5 trillion — estimated costs through 2017

Into the Future by Using the Past

To most people it looks like leaders in North America keep forgetting about global warming, well this isn’t all true. Brush the Bush and Harper conservative agendas aside and you’ll find other political leaders trying to save the planet. In Mexico, aboriginal leaders are looking into the ways of that their ancestors lived to help us slow global warming today.

More than 200 leaders from 71 American Indian nations in Mexico, the United States and Canada came together in this Mexican jungle to find indigenous solutions to pollution and ecological problems threatening the planet.

“Our Mother Earth is being polluted at an alarming rate, and our elders say that she is dying,” said Raymond Sensmeier, a Tlingit leader from Yakutat, Alaska. “The way the weather is around the world … a cleansing is needed.”

The conference began with a pre-dawn ceremony that included fire, copal incense, chants in Lacandon Maya and blasts from a conch shell.

HIV/AIDS Drug Patent Revoked

Doctors WIthout Borders has released a press release that says that an HIV/AIDS drug can now be made generically. This will lower the cost of the drug allowing more people access to it, this is very important for people living in the developing world. The company that held the patent, Gilead Sciences, claimed to have invented the drug tenofovir disoproxil fumarate (TDF), which has been discredited based on prior art.

In India, the Indian Network for People Living with HIV/AIDS opposed Gilead’s patent application in May 2006 on similar grounds to PUBPAT’s challenge in the US. The evidence on which the US based its decision could therefore lead to the Indian patent office rejecting the patent application. Similarly, in Brazil, a patent opposition filed by HIV/AIDS groups and a government pharmaceutical laboratory could also mean a patent might not be granted for TDF in Brazil.

If a patent is not granted in these countries, generic manufacturers could freely manufacture and export generic versions of TDF without restrictions, leading to greater competition and therefore lower prices.

Japan Stops Whaling

This is without a doubt, really reat news. Japan has halted whailing for the year, after pressure from the Australian government. A hat tip to Kevin Rudd and his fellow Aussies for convincing Japan to change their ways.

The country’s chief government spokesman, Nobutaka Machimura, revealed the backdown at a news conference today.

Japan had planned to harpoon 50 humpbacks
He said: “Japan will not hunt humpback whales.”

The country had planned to harpoon around 50 humpbacks on its current expedition, the first time since the 1960s that Tokyo would have hunted the species, which are popular with Australian whale-watchers.

Mr Machimura added: “It’s true that Australia expressed quite a strong opinion to Japan on this.

“As a result, I hope that this will lead to better relations with Australia.”

The Truth About Recycling

The Economist looks into the truth about recycling and they have discovered some neat things. Of course, there are some complications with recycling, and it’s important to remind ourselves that nothing is perfect, but it’s good that we aim for perfection. Recycling is a really really good thing to do.

Based on this study, WRAP calculated that Britain’s recycling efforts reduce its carbon-dioxide emissions by 10m-15m tonnes per year. That is equivalent to a 10% reduction in Britain’s annual carbon-dioxide emissions from transport, or roughly equivalent to taking 3.5m cars off the roads. Similarly, America’s Environmental Protection Agency estimates that recycling reduced the country’s carbon emissions by 49m tonnes in 2005.

Recycling has many other benefits, too. It conserves natural resources. It also reduces the amount of waste that is buried or burnt, hardly ideal ways to get rid of the stuff. (Landfills take up valuable space and emit methane, a potent greenhouse gas; and although incinerators are not as polluting as they once were, they still produce noxious emissions, so people dislike having them around.) But perhaps the most valuable benefit of recycling is the saving in energy and the reduction in greenhouse gases and pollution that result when scrap materials are substituted for virgin feedstock. “If you can use recycled materials, you don’t have to mine ores, cut trees and drill for oil as much,” says Jeffrey Morris of Sound Resource Management, a consulting firm based in Olympia, Washington.

Scroll To Top