Sunday, October 12, 2008

Buy every man a Nieman Marcus suit, like the ones Norm Coleman denies receiving


For the price of the Iraq War, we could've bought every man on Earth a Nieman Marcus suit.

Minnesota Senator Norm Coleman is accused of receiving improper free gifts, including a Nieman Marcus suit, from contributor Nasser Kazeminy.  The above video shows Coleman's campaign manager, Cullen Sheehan, repeatedly refusing to answer reporters' questions about whether Coleman received the free suits.  Senators are required to disclose gifts they receive with a value over $250.  

The cheapest of the 24 suits advertised on Nieman Marcus' front suit page costs $830 (considering a suit to include only the jacket and pants).  Buying such a suit for the 3.36 billion men on earth would cost a total of $2.79 trillion, which is $210 billion less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the total cost of the Iraq War.

Saturday, October 11, 2008

Buy each Somali enough cement to make seven Ryozen Kannon memorials


For the price of the Iraq War, we could've bought every Somali enough cement to make seven Ryozen Kannon memorial statues.  

A ship carrying cement was recently captured by pirates off the coast of Somalia, which has a population of 10 million.  Kyoto's Ryozen Kannon memorial, constructed in honor of the World War II dead from both sides, includes a large Bodhisattva statue made of 500 tons of cement, so it would take 35 billion tons of cement to build seven statues for each Somali.  A metric ton of cement costs $77 when bought in bulk.  So buying enough cement to make seven Ryozen Kannon statues for each Somali would cost $2.70 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the total cost of the Iraq War.

Friday, October 10, 2008

Make all Virginians rich enough to be taxed more by Obama


For the price of the Iraq War, we could make everybody in Virginia rich enough to have a portion of their taxes increased by Barack Obama.  

Barack Obama plans to raise taxes on income over $250,000 per year.  Whether people in this bracket experience a net tax increase under his plan will depend on their overall tax situation. The population of Virginia is 7.7 million.  Giving all Virginians $250,000 to raise them to the tax bracket where they'd experience some portion of Obama's tax increases would require $1.93 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the total cost of the Iraq War.

Thursday, October 9, 2008

Buy out Japan

For the price of the Iraq War, we could've bought every publicly traded company in Japan at yesterday's closing price.

The S&P Global Indices provide the best estimate of the total value of all the publicly traded companies in a nation. The 'Total Market Capitalization' of companies includes not only the value of all the shares of stock, but also any interest in the companies that may be controlled off the stock exchange by the government or other stakeholders. As of yesterday, the total market capitalization of the entire Japanese stock market is $2.95 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Wednesday, October 8, 2008

Provide forensic exams for every woman in the world

For the price of the Iraq War, we could provide forensic exams for each woman in the world, something that rape victims in Wasilla had to pay for with their own money during Sarah Palin's term as mayor.

In 2000, Alaska Governor Tony Knowles signed a bill making sure that rape victims wouldn't have to pay for their own forensic exams. According to the Mat-Su Valley Frontiersman, this was not common practice at the time in Wasilla:
While the Alaska State Troopers and most municipal police agencies have covered the cost of exams, which cost between $300 to $1,200 apiece, the Wasilla police department does charge the victims of sexual assault for the tests.
Using the figure in the middle of the range gives a cost per forensic exam of $750.  There are 3.33 billion women on earth. At that price, all 3.33 billion women could be provided with forensic exams for $2.50 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the total cost of the Iraq War.

Tuesday, October 7, 2008

Build an undersea subway from New York to Rome

For the price of the Iraq War, we could've built a undersea subway beneath the Atlantic Ocean and the Mediterranean Sea from New York to Rome.

The 31.35 mile Channel Tunnel, built from Folkestone in England to Calais in France, cost 4.65 billion pounds in 1985 prices, or $18.8 billion in today's dollars. This comes to $600 million per mile. The distance from New York to Rome is 4280 miles. At the price of the Channel Tunnel, we could've built a railway underneath the Atlantic and the Mediterranean between these two cities for $2.57 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the total cost of the Iraq War.

Monday, October 6, 2008

Buy a mastectomy for each woman who could lose breast cancer screening coverage under McCain's health plan

For the price of the Iraq War, we could buy a mastectomy for each woman whose insurance company could move to Utah after the passage of McCain's health care plan, allowing the company to drop coverage for breast cancer screening.

John McCain's health care plan allows insurance companies to sell across state lines, obeying the regulations of the state in which they're headquartered while ignoring the regulations of the state in which their patients live. Currently, Utah is the only state that does not require breast cancer screening. By moving there, insurance companies could sell everywhere in the country and not cover breast cancer screening even if their patients' states required it.

There are 153 million women in the United States, excluding those in Utah.   A mastectomy cost $12,987 in 2001 dollars, or $16,066 in 2008 dollars. Buying a mastectomy for each of these women would cost $2.46 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the total cost of the Iraq War.

Sunday, October 5, 2008

Buy the world's pistachio harvest for a thousand years

For the price of the Iraq War, we could've bought the world's pistachio harvest for a thousand years.

The UN estimates global pistachio production at a total of 500,000 metric tons, worth $1.98 billion in 2001 dollars, or $2.45 billion in 2008 dollars.  At that price, buying the world's pistachio harvest for the next thousand years would cost $2.45 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Saturday, October 4, 2008

Buy each Canadian their own minor league hockey team

For the price of the Iraq War, we could've bought each Canadian their own minor league hockey team.

According to 2008 estimates, the Canadian population is 33,366,000. In 2005, the Santa Fe Roadrunners of the North American Hockey League were sold for $75,000. At these prices, buying each Canadian a minor league hockey team valued at the same price as the Roadrunners would cost $2.5 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image adapted under a Creative Commons License from Lone Primate.

Friday, October 3, 2008

Buy a large American flag for every molecule in a droplet of oil


For the price of the Iraq War, we could've bought an American flag for every molecule in a droplet of oil.

At a McCain-Palin rally, Sarah Palin said,
Oil and coal...it’s a fungible commodity and they don’t flag the molecules where it’s going and where it’s not. In the sense of the Congress today they know that there are very, very hungry domestic markets that need that oil first. So that I believe that what Congress is going to do also is not to allow the export bans to such a degree that it’s Americans who get stuck holding the bag without the energy source that is produced here, pumped here...it’s got to flow into the domestic markets first.
While different varieties of petroleum consist of different combinations of compounds, one representative compound is iso-octane, which has chemical formula C8H18 and atomic mass 114. A possible mass for an oil droplet is 7 x 10-15 kg.  Iso-octane has a density of .691.  Dividing by the atomic mass, multiplying by the density, and multiplying by Avogadro's number gives us a total of 25.5 billion molecules in an oil droplet.  A 5' by 8' heavyweight American flag can be bought for $96.89.  So buying a large American flag for every molecule in an oil droplet would cost $2.47 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Thursday, October 2, 2008

Buy a California home every 20 seconds since Greenspan promoted alternative mortgages


For the price of the Iraq War, we could buy a California home every 20 seconds since Alan Greenspan gave his speech promoting adjustable rate mortgages.  

It has been 1683 days, or approximately 2.42 million minutes since February 23, 2004, when Alan Greenspan gave a speech titled "Understanding Household Debt Obligations" to the Credit Union National Association.   In the speech, Greenspan promoted adjustable rate mortgages and called for "greater mortgage product alternatives to the traditional fixed-rate mortgage." He claimed that rising debt-to-income ratios were not signs of "increasing household financial stress."

The median price paid for a California home in August was $301,000, down from $465,000 the year before.  (Half this drop is from depreciation -- the other half is from changes in the kinds of homes selling.)  Buying a California house every 20 seconds since Greenspan's speech would cost $2.19 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Wednesday, October 1, 2008

Buy Sarah Palin all US newspapers ever printed


For the price of the Iraq War, we could've bought Sarah Palin all copies of all US newspapers ever printed.

When asked by Katie Couric which newspapers she read, Sarah Palin answered, 'all of them'.
COURIC: And when it comes to establishing your world view, I was curious, what newspapers and magazines did you regularly read before you were tapped for this — to stay informed and to understand the world?

PALIN: I’ve read most of them again with a great appreciation for the press, for the media —

COURIC: But what ones specifically? I’m curious.

PALIN: Um, all of them, any of them that have been in front of me over all these years.

COURIC: Can you name any of them?

PALIN: I have a vast variety of sources where we get our news.
Newspaper industry circulation revenue totaled about $11 billion in 2004.  Using this figure as the value of each year's newspaper circulation since the founding of the country -- probably a high estimate, as the nation and its newspaper industry were smaller in early years -- the total value of all US newspapers is $2.55 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Tuesday, September 30, 2008

Scatter 40 mattresses outside the window of each stockholding American to cushion their fall


For the price of the Iraq War, we could scatter 40 king-sized Serta mattresses outside the window of each American who owns stocks, so their fall would be cushioned if horror over huge losses caused them to jump out. 

63% of American adults own stocks, whether directly or through some investment vehicle like a mutual fund or retirement plan.  This comes to about 142 million Americans.  A king size Serta Senna mattress costs $439 at Sam's Club.  Putting 40 of these mattresses outside each stock-owning American's window would cost $2.49 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Monday, September 29, 2008

Give every American a community college economics degree


For the price of the Iraq War, we could've given every American a two-year community college economics degree, so that they could see why the House Republican plan for fixing the financial crisis was nonsense.  

House Republicans proposed to deal with the financial crisis by cancelling capital gains taxes and providing insurance on mortgage-backed securities.  Economists on Wall Street and at nonpartisan think tanks regard the plan as costly and ineffective, as the firms at the center of the crisis are facing capital losses, not gains, and the volatile nature of the securities makes it impossible to insure them effectively without exposing taxpayers to massive risk.  

There are 301 million Americans.  Two years of tuition at a community college costs $4152.  So giving every American a two-year community college degree would cost $1.25 trillion, which is less than half of Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Sunday, September 28, 2008

Buy a chocolate chip cookie every second for all Americans born on the same day as McCain


For the price of the Iraq War, we could've bought a chocolate chip cookie each second for every American who was born on the same day as John McCain.  

John McCain was born on August 29, 1936 -- according to thingsyoungerthanmccain.com, one year before the chocolate chip cookie was invented.  Extrapolating from the birth rates in 1935 and 1940, 2,413,000 Americans were born in 1936, and 6,610 on McCain's birthday.  John McCain is now 26,329 days old, and buying everyone born on his birthday a chocolate chip cookie per second would require about 15 trillion cookies.  

A 15.25 ounce container of Nabisco Chips Ahoy cookies contains about 26 cookies.  12 such packs cost $43.  At these prices, we could've bought a chocolate chip cookie each second for everyone born on the same day as John McCain for $2.07 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image used under a Creative Commons License from javYliz.

Saturday, September 27, 2008

Hire all the educators in America to teach Sarah Palin for five years


For the price of the Iraq War, we could've hired all the educators in the United States to teach Sarah Palin for five years, so she might actually know stuff.

According to the Bureau of Labor Statistics, there are 8,316,360 educators in America, from preschool teachers to professors to librarians.  These educators earn an average of $46,610 per year.  If we had hired them all to teach Sarah Palin for a five-year period beginning in 2003 instead of invading Iraq, we would've spent $1.94 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Friday, September 26, 2008

Make everybody in Philly a Scottish baron

For the price of the Iraq War, we could've made everybody in Philadelphia a Scottish baron.

In 2002, Sir Iain Noble offered to sell the Barony of MacDonald for one million pounds.  At current rates, one pound is worth $1.86.  Sir Iain, a merchant banker, had unwittingly acquired it as part of a land transaction 30 years before.  The Barony includes title to Knock Castle, which is currently in ruins.  

The population of Philadelphia is estimated at 1.45 million.  Buying every resident of Philadelphia a Scottish barony at Sir Iain's asking price would cost $2.70 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Thursday, September 25, 2008

Buy each panda an Arleigh Burke class destroyer

For the price of the Iraq War, we could've equipped each panda with an Arleigh Burke class destroyer.

Using the highest estimates, there are 3000 giant pandas in the wild, and 266 in captivity.  55 Arleigh Burke destroyers cost around $43 billion, for a unit cost of $782 million.  Equipping every giant panda with their own Arleigh Burke class destroyer would cost $2.55 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Wednesday, September 24, 2008

Hire all Kenyans as sitcom actors, so Limbaugh viewers will see that they're not Arabs

For the price of the Iraq War, we could've hired the entire population of Kenya as sitcom actors, so that Rush Limbaugh viewers would be able to see that they are not Arabs.

On the September 22 broadcast of his show, right-wing radio host Rush Limbaugh said of Barack Obama,
He's Arab. You know, he's from Africa. He's from Arab parts of Africa. ... [H]e's not African-American. The last thing that he is is African-American.
There are 38 million people in Kenya, the country from which Barack Obama's father (who is not Arab, but Luo) originated.  Less than 1% of Kenyans are Arabs, while 13% are Luo.  The average pay for an actor in the US is $62,000.  Hiring the entire population of Kenya as sitcom actors so that Americans could see them on TV and realize that they are not Arabs would cost $2.36 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Tuesday, September 23, 2008

Build a US-Mexico border fence out of marshmallows, reaching the stratosphere


For the price of the Iraq War, we could build a fence across the US-Mexico border out of large marshmallows, tall enough to reach the stratosphere.  

Many immigration opponents support building a fence across the US-Mexico border.  The border is 1969 miles, or 125 million inches long.  The stratosphere begins 6 miles, or 380,000 inches, above the earth.  Assuming that each marshmallow is one inch long and one inch in diameter, building a border fence that went up to the stratosphere would require 47.5 trillion marshmallows.  

A 16 oz bag of Marshmallows costs $2.55 and contains about 64 marshmallows.  Buying enough marshmallows for a US-Mexico border fence would cost $1.9 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image used under a Creative Commons License from flattop341.

Monday, September 22, 2008

Buy every US adult a bottle of good tequila a week for ten years


For the price of the Iraq War, we could've bought every US adult a bottle of good tequila a week for ten years.

There are 225 million adults in the United States. Buying each of these adults a bottle of tequila a year for 10 years would add up to 117 billion bottles. 1800 Reposado, a 100% agave tequila, costs $24 per bottle at winedelight.com. At this price, we could've bought each American a weekly bottle of tequila for ten years for $2.81 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image used under a Creative Commons License from evilibby.

Sunday, September 21, 2008

Buy the cranberry harvests of the next ten thousand years

For the price of the Iraq War, we could've bought all the cranberries produced for the next ten thousand years.  

The UN estimates that global cranberry production in 2005 came to 372,000 metric tons, worth a total value of $165 million at 2001 prices.  Adjusting for inflation, this is $204 million at 2008 prices.  Assuming a constant rate of production, buying all the cranberries in the world for the next ten thousand years would cost $2.04 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Saturday, September 20, 2008

Buy each US astronomer their own Space Shuttle


For the price of the Iraq War, we could've bought each professional astronomer their own Space Shuttle.  

The Bureau of Labor Statistics calculates the total number of professional astronomers in the United States at 1520.  According to NASA, the Space Shuttle Endeavour cost $1.7 billion to build. Giving each astronomer their own Space Shuttle would cost $2.58 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image released to the public by Lori Losey/NASA.

Friday, September 19, 2008

Pay off half of the national debt, at the level it was when Bush entered office


For the price of the Iraq War, we could've paid off half of the national debt, at the level it was when Bush came into office.  

At the end of the Clinton Administration, the national debt was at $5.7 trillion.  The debt had actually declined by $360 billion over the last three years of the Clinton Administration, because of budget surpluses.  (At this point, the national debt is $9.65 trillion.)  Paying off half the national debt at the level it was at the end of the Clinton Administration would cost $2.85 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Thursday, September 18, 2008

Buy cars for all US women, so they can drive to Canada if McCain or Palin ban abortion


For the price of the Iraq War, we could buy a new car for every woman whom John McCain and Sarah Palin want to deny the right to an abortion, so that she could drive to Canada if she needed one.

In an ABC News interview, McCain announced his support for a Constitutional amendment banning all abortion except in cases of rape, incest, and when the mother's life is threatened.   This would deny the 152 million women in America the right to have an abortion under most circumstances.  (He also said that such an amendment would be unlikely to pass, and expressed support for overturning Roe v. Wade instead.) Sarah Palin, meanwhile, opposes abortion even in cases of rape and incest.  Since about 40 million US women have already reached menopause, there are 112 million women to whom the right to have an abortion applies or will apply.  

According to AutoPacific, the vehicle with the highest proportion of female buyers is the VW New Beetle, which has a base price of $17,475.  Buying New Beetles for 112 million women would cost $1.96 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image used under a Creative Commons License from peterpolaroid.  See my new website, The Palin Truth Squad.

Wednesday, September 17, 2008

Buy every lolrus a dozen of the most valuable buckets


For the price of the Iraq War, we could've bought each lolrus a dozen of the most valuable buckets in existence.  

The lolrus, actually an southern elephant seal named Minazo who lived a Japanese aquarium, achieved immense internet fame due to a famous captioned image of him having his bucket taken away by an aquarium attendant.  A popular series of captioned photos concerning the putatively unhappy lolrus and his quest to regain his bucket soon followed.  There are about 600,000 southern elephant seals in the world.  

A George 111 mahogany and brass peat bucket was bought by John Magnier for 169,000 Euro and is believed to be the most valuable bucket in the world. Buying 12 such buckets for each southern elephant seal would cost $1.73 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Tuesday, September 16, 2008

Give everyone in Green Bay the Lehman CEO's 2007 bonus

For the price of the Iraq War, we could give everyone in Green Bay a bonus of the size that Lehman Brothers CEO Richard Fuld earned in 2007.

In 2007, Lehman Brothers Chairman and CEO Richard Fuld earned a bonus of $22 million. Because of bad investments in mortgage-backed securities, Lehman Brothers' stock price has fallen from over $80 in early 2007 to 18 cents per share as it filed for bankruptcy yesterday. Previously, Mr. Fuld had earned $354 million over a 5-year period. There are 100,781 residents of Green Bay, so giving them a bonus equal to what Fuld earned in 2007 would take $2.22 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Monday, September 15, 2008

Make every Darfur refugee a millionaire

For the price of the Iraq War, we could've made every refugee in Darfur a millionaire.

There are 2.5 million refugees in Darfur. Making every man, woman, and child among them a millionaire would cost us $2.5 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image taken from Letter from Larnaca

Sunday, September 14, 2008

Keep America deodorized for a thousand years

For the price of the Iraq War, we could have provided all Americans with deodorant for a millennium.

Americans spend $1.8 billion per year on deodorants and antiperspirants. Even allowing for 10% greater expenditures to deodorize any additional Americans, the entire population could be deodorized for a thousand years for $2 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Saturday, September 13, 2008

Build Large Hadron Colliders all the way up the West Coast


For the price of the Iraq War, we could've build adjacent Large Hadron Colliders all the way up the West Coast.  

The California coast is 840 miles, the Oregon coast is 296 miles, and the Washington coast is 157 miles, making the West Coast of the United States 1293 miles long.  The Large Hadron Collider has a circumference of 17 miles, and dividing by pi gives a diameter of 5.4 miles.  This means that it would take 240 adjacent Large Hadron Colliders to cover the coastline.  At 6.4 billion Euros or about 9 billion dollars each, 240 Large Hadron Colliders would cost $2.16 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Friday, September 12, 2008

Buy enough Pabst Blue Ribbon to cover Mars' biggest moon knee-deep


For the price of the Iraq war, we could've bought enough Pabst Blue Ribbon to cover Phobos, Mars' biggest moon, knee-deep in a sea of beer.  

Phobos is the largest moon of the planet Mars.  It has a surface area of 6100 square kilometers.  If we estimate the height of a knee at 50 cm -- roughly the height to the top of my knee -- it would take 3.05 billion cubic meters of beer to cover Phobos knee-deep on average (craters would be deeper, while elevated portions of the moon might stick out as islands).  This would require 50.4 billion kegs of beer.  Pabst Blue Ribbon can be bought for $51 per keg.  At this price, we could cover Phobos knee-deep in beer for $2.57 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image used under a Creative Commons License from lodri.

Thursday, September 11, 2008

Put a tank staffed by Petraeus duplicates on every square mile of Afghanistan


For the price of the Iraq War, we could've hunted down Osama Bin Laden by placing a fully equipped M1 Abrams battle tank on every square mile of Afghanistan and staffing them entirely with duplicates of General Petraeus.

The heavily armored 67-ton M1 Abrams battle tank, which carries four crew members, is the principal combat tank of the American armed forces. A fully equipped M1 Abrams costs $4.30 million. General David Petraeus, who oversaw all US forces in Iraq, earns $180,000 per year. The area of Afghanistan is 251,772 square miles Putting an M1 Abrams on each square mile of Afghanistan and staffing them entirely with Petraeus duplicates drawing a salary equal to his would cost $1.26 trillion, which is less than half of Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Wednesday, September 10, 2008

Buy everything on the UK stock market


For the price of the Iraq War, we could've bought out the entire United Kingdom stock market at a 10% premium.  

The S&P Global Indices provide the best estimate of the total value of all the publicly traded companies in a nation.  The 'Total Market Capitalization' of companies includes not only the value of all the shares of stock, but also any interest in the companies that may be controlled off the stock exchange by the government or other stakeholders.  Currently the total market cap of the UK stock market is $2.72 trillion.  Paying a 10% premium to completely buy out the UK stock market and own all of every publicly traded company in the UK would cost $2.99 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Tuesday, September 9, 2008

Give everyone in North America earmarks like Wasilla received under Mayor Palin

For the price of the Iraq War, we could've given everyone in North America the same per capita amount in federal earmarks that Wasilla, Sarah Palin's hometown, received between 2000 and 2003.

Earmarked funds have been widely criticized as a way to get excess spending past the controls in the appropriations process. Between 2000 and 2003, a period mostly including the last two years of Palin's reign as mayor, the city of Wasilla received $26.9 million in federal earmarks, including $15 million for a rail project connecting Wasilla to Senator Ted Stevens' hometown of Girdwood. (The above image includes Palin's boasts about previous federal funding for Wasilla in her own handwriting.) In 2000, the population of Wasilla was 5469, so the city received $4919 per capita in earmarks. Earmarking this amount of federal funds for each of the 524 million people in North America would cost $2.58 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image from Mike Lillis of the Washington Independent.

Monday, September 8, 2008

Pay for Katrina and the next 30 hurricanes like it


For the price of the Iraq War, we could've paid off all the damage from Hurricane Katrina and the next thirty equally devastating hurricanes.  

Hurricane Katrina, the costliest hurricane in American history, did $89.2 billion worth of damage in 2008 dollars.  Paying off all the damage for Katrina, as well as thirty future hurricanes of the same size, would've cost $2.77 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Sunday, September 7, 2008

Buy a platinum vibrator studded with diamonds for each woman in Europe and the Americas


For the price of the Iraq War, we could've bought a platinum vibrator studded with diamonds for each woman in Europe and the Americas.  

731 million people live in Europe, 524 million live in North America, and 382 million people live in South America.  Assuming that half of these people are women, there are 819 million women on these three continents combined.  

JimmyJane sells the Little Platinum Eternity vibrator, plated in platinum and encircled by 28 conflict-free VS1 diamonds, for $3,250.  Buying 819 million of these vibrators would cost $2.66 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Saturday, September 6, 2008

Buy a stealth bomber for each panda

For the price of the Iraq War, we could've bought each of the world's pandas their own stealth bomber.

Using the highest estimates, there are 3000 giant pandas in the wild, and 266 in captivity. The unit cost of the stealth bomber (at the prices that the US government was initially quoted when a larger order of bombers was planned) is $737 million each. Equipping every giant panda with their own stealth bomber would cost $2.4 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Friday, September 5, 2008

Buy a bottle of Jameson's Irish whiskey for every person ever


For the price of the Iraq War, we could've bought a bottle of Jameson's Irish whiskey for every human who ever lived.  

The Population Reference Bureau estimates the total number of people who have ever lived at 106 billion.  (Updated versions of Keyfitz' calculation gave an estimate of 96 billion in 2000.)  A fifth of Jameson's Irish Whiskey costs $23.  At this price we could supply each of the humans who ever lived with a bottle of whiskey for $2.44 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image adapted under a Creative Commons License from petar_c.

Thursday, September 4, 2008

Buy a Bridge to Nowhere for each house or condo in Alaskan Zip Code 99901


For the price of the Iraq War, we could attach a new 'Bridge to Nowhere' to each house and condo in Alaska's zip code 99901.  

The 99901 zip code contains 6,164 houses and condos.  It was supposed to include the infamous Bridge to Nowhere, a $398 million bridge designed to connect Ketchikan, Alaska, with a small island inhabited by only 50 people.  Governor Sarah Palin, pictured above, ended her support of the bridge after it became clear that $169 million in federal funding would not be forthcoming. Fully funding the addition of a new 'Bridge to Nowhere' to each house and condo in 99901 would cost $2.45 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Photograph from Andrew Halcro.  

Wednesday, September 3, 2008

Buy Ohio State - Michigan tickets until the sun becomes a red giant


For the price of the Iraq War, we could've bought a Ohio State - Michigan football ticket every year until the Sun becomes a red giant and engulfs the Earth.  

The Sun is currently in its main sequence.  In 5 billion years, it will burn all the hydrogen in its core and helium fusion will make it a red giant.  It will grow to 200 times its current size and engulf the earth.  

At this writing, tickets to the Ohio State - Michigan football game, perhaps the biggest college football rivalry game in America, start at $400 each.  For this price, buying tickets for the OSU-Michigan game until the sun becomes a red giant would cost $2 trillion dollars, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Tuesday, September 2, 2008

Build a wall of condoms along the Alaska-Canada border high enough to reach the ozone layer

For the price of the Iraq War, we could've helped sexually active Alaska teens by building a wall of condoms along the Alaska-Canada border high enough to reach the the ozone layer.  

The Alaska-Canada border is 2477 km.  Using the online ruler shows that a LifeStyles lubricated condom is 5.5 cm long.  This means that it would take 45 million condoms to stretch along the entire border.  

While ozone is somewhat diffuse in the earth's atmosphere, the ozone layer is formed by greater concentrations of ozone in the stratosphere from 20 and 40 km above the earth's surface.  It would thus take about 363,636 condoms to reach the ozone layer. Building a wall this high along the Alaska-Canada border would require 16.4 trillion condoms.  Purchased in cases of 1000 from ripnroll at $159, this many condoms would cost $2.6 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image from Gawker.  

Monday, September 1, 2008

Buy each coalition soldier their weight in platinum, gold, and BlackBerry Pearls


For the price of the Iraq War, we could've bought each soldier involved in the initial invading coalition their weight in platinum, gold, and BlackBerry pearl 8100s.

The initial invading force consisted of 297000 soldiers -- 250000 from America, 45000 from the UK, 2500 from Australia, and 194 from Poland.  Assuming that each soldier weighs 180 lbs, the total weight of the soldiers was 53.5 million pounds.  

There are about 14.6 troy ounces in a pound.  Platinum currently costs $1417 per ounce, or $20700 per pound.  Gold currently costs $823 per troy ounce, or $12000 per pound.  The BlackBerry Pearl 8100 costs $300 and weighs 3.16 ounces, for a price of $1500 per pound. At these prices, we could've bought each soldier their weight in platinum, gold, and BlackBerry Pearl 8100s for $1.83 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Sunday, August 31, 2008

Give everyone in sub-Saharan Africa condoms

For the price of the Iraq War, we could give everyone in sub-Saharan Africa enough condoms to have sex every night of their adult lives.  

Sub-Saharan Africa has 770 million residents.  The population is expected to nearly double by 2050, and 6.1% of adults are infected with HIV.  Assuming that the disease-preventing benefits of condoms would raise life expectancy in the region to the global average of 66 years, the residents would be having 13.5 trillion nights of sex.  

At ripnroll, a case of a thousand Lifestyles Large condoms costs $159.  At this price, equipping the population of sub-Saharan Africa for a lifetime of sex every night would cost $2.15 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War. 

Image used under a Creative Commons License from amalthya.

Saturday, August 30, 2008

Buy enough Apache helicopters to fly all Alaskan women to Canada if Roe is overturned

For the price of the Iraq War, we could buy enough Apache military helicopters to fly all Alaskan women to Canada, so they'd still have the right to an abortion even if John McCain and Sarah Palin succeeded in overturning Roe v. Wade.  

Both John McCain and Sarah Palin oppose Roe v. Wade, the Supreme Court decision that protects the right to have an abortion nationwide.  Roe would most likely be overturned if McCain or Palin chose the replacement for a pro-choice Justice like the 88-year-old John Paul Stevens.  Then Alaska would severely restrict abortion rights for its 302,820 women.  

Armed with a 30mm chain gun and Hydra and Hellfire rockets, the AH-64 Apache helicopter is the primary attack helicopter of the U.S. Army.  It costs $18 million and seats two crew members.  With two women in each helicopter, buying enough Apache helicopters to fly the female population of Alaska to pro-choice Canada would cost $2.73 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Friday, August 29, 2008

Buy every impoverished American child a lifetime of nice dinners


For the price of the Iraq War, we could buy every impoverished American child a lifetime of dinners at Trudy's, a Tex-Mex restaurant in Austin, Texas.  

According to recent census data, there are 13.3 million American children in poverty.  If we assume that these children will each live an average of 70 more years, they will jointly consume a total of 340 billion dinners over the rest of their lives.  

The enchilada plate at Trudy's, which I would often order with chipotle sauce over mushrooms and pinto beans, costs $7.95.  At this price, we could buy every American child a lifetime of dinners for $2.70 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Photo credit: Patrick Meredith, Austin-American Statesman

Thursday, August 28, 2008

Buy every US adult who wants to attack Iran their weight in marijuana

For the price of the Iraq War, we could've bought every American adult who wants to attack Iran their weight in marijuana.

According to a November 2007 Gallup poll, 18% of Americans favored military action against Iran, while 73% favored relying on economic and diplomatic efforts. There are 225 million American adults, so this means that 40 million Americans favor military action. The average American adult weighs slightly under 180 lbs, so 7.2 billion pounds of Americans support military action against Iran.

In 2005, the National Survey on Drug Use and Health estimated retail marijuana prices at $2783 per pound.  Buying all American adults who want to attack Iran their weight in marijuana would cost $2.00 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image used under a Creative Commons License from dey.

Tuesday, August 26, 2008

Cure all malaria for 2000 years


For the price of the Iraq War, we could cure all cases of malaria for the next two thousand years. 

Each year, there are 515 million cases of malaria, causing 1 to 3 million deaths and contributing to poverty in many developing countries.  If the rate of malaria infection were to stay constant even as we treat every case for the next 2000 years, we would have to treat 1.03 trillion cases of the disease.

Artemisinin therapies, which are used to treat the disease now that the malaria parasite is resistant to chloroquine and some mosquitos are resistant to DDT, cost $2.20 for a course of treatment. Treating 2000 years of malaria would cost $2.27 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War. 

Image used under a Creative Commons License from otisarchives2.

Monday, August 25, 2008

Give every woman in Afghanistan as many servants as John McCain


For the price of the Iraq War, we could've given every woman in Afghanistan as many American servants as John McCain.

In 2007, John McCain spent $273,000 on household employees (for example, the caretaker of one of his homes in Sedona). 8.4 million women over 15 live in Afghanistan. Giving each of these women their own McCain-sized retinue of household employees would cost $2.3 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Sunday, August 24, 2008

Give the residents of CA, NY, TX, and FL their weight in silver

For the price of the Iraq War, we could've given the residents of California, New York, Texas, and Florida their weight in silver.

California, New York, Texas, and Florida are the four most populated states in America, with a total population of 98 million people.  If the average resident of these states weighs 150 lbs (lighter than the average American adult, but much heavier than most children), the total weight of these states' population is 14.7 billion pounds.

Silver is currently valued at $13.33 per ounce.  There are 14.6 troy ounces in a pound.  So buying the residents of these four states their weight in silver would cost $2.86 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image used under a Creative Commons License from RickyDavid.

Saturday, August 23, 2008

Supply the British with tea for ten thousand years


For the price of the Iraq War, we could satisfy the British thirst for tea for the next ten thousand years.  

The British lead the world in per capita tea consumption, with the average Briton consuming 2.3 kilograms of tea per year, enough to make 766 cups.  Since there are nearly 60 million people in Britain, total British tea consumption runs to 140 million kg.

The global average wholesale price of tea is $1.95 per kg (link).   So satisfying British tea demand for the next ten thousand years would cost $2.7 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

Image used under a Creative Commons License from fisserman.