On the Iraq War, Cafferty stated, "The Bush administration used 9/11 as an excuse to start the war in Iraq. People make a lot of money during wartime – $600 billion we've spent there so far – and a lot of that money has gone to friends of the administration, and of course there is all that oil. I don't think for a single second there was anything honorable about the decision to invade a sovereign country. They had nothing to do with 9/11 and had done nothing to the United States. But hey... what do I know?"