Um, huh?

It is true that “One thing leads to another”. But this is not true in this case.
It is also true that the leg bone is connected to the hip bone.

However, I’m pretty sure that this guys headbone is connected to his ass bone.

“Iraq War” caused slowdown in the US

The Iraq war has cost the US 50-60 times more than the Bush administration predicted and was a central cause of the sub-prime banking crisis threatening the world economy, according to Nobel Prize-winning economist Joseph Stiglitz.

The spending on Iraq was a hidden cause of the current credit crunch because the US central bank responded to the massive financial drain of the war by flooding the American economy with cheap credit.

“The regulators were looking the other way and money was being lent to anybody this side of a life-support system,” he said.

That led to a housing bubble and a consumption boom, and the fallout was plunging the US economy into recession and saddling the next US president with the biggest budget deficit in history, he said.

If you don’t currently have a migraine and don’t mind risking getting one, you can click the link and read the rest of the article.

The basic premise is that the American people weren’t taxed to pay for the war and they had all this money, but not enough to buy houses, so the banks stepped in to help the Bush Administration by loaning people money to buy homes so they’d forget a war was on.

Or some such nonsense.

In reality it is just your basic run-up article for an upcoming book by two former Clinton officials in which they tell the readers that “Bush Lied!!1!” and then describe everything that could have been bought with the money spent (AKA: A future Kos-Econo factoid pamphlet).