For the price of the Iraq War, we could buy everyone on earth a 27" color TV with which to watch President Obama's inaugural address.
There are 6.7 billion people on Earth. A Sharp 27" color TV costs $330. Buying each person their own TV would cost $2.21 trillion, or $790 billion less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the total cost of the Iraq War.