Defense Secretary Robert Gates visited President Bush’s ATM (formerly known as U.S. Congress) on Sept. 26, and asked for a speedy approval of his requested withdrawal of $190 Billion from the national treasury to be spent on our nation’s occupations of Iraq and Afghanistan. In this post, we’ll explore “What else can $190 Billion buy (or be)?”
Here’s a quick short list:
- 2,486,586 Barrels of Brent Crude Oil, the highly prized variety of crude found in Iraq. Based on September average (through Sept. 26) of $76.41 per barrel, as reported by oilnergy.com.
- 39.25 MegaWatts worth of photo-voltaic solar panel modules. Based on the September 2007 average of 1,522 prices per Watt for PV modules available on the market according to SolarBuzz.com’s “125 Watts and Higher Module Index” (view site). Excludes all other components required to install the modules. (more…)