Obama = Big Profits for Defense Contractors
March 01, 2009
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Here's an excerpt from Justin Raimondo's excellently researched article on AntiWar.com:
"Under Obama, the military budget will rise by 4 percent, and this isn't counting the costs of Iraq and Afghanistan. As Cato Institute research fellow Benjamin H. Friedman puts it: "Many Americans believe that Barack Obama and the Democratic majority in Congress will lower defense spending and restrain the militaristic foreign policy it underwrites. The coming years should destroy that myth."
Yes, but myths die hard. It will take a couple of shiploads of flag-draped coffins – and perhaps a couple of alarming incidents in Afghanistan and environs – to wake up Obama's liberal supporters to what they're presently enabling with their silent complicity. In the meantime, the creaking wheels of empire are turning as we gather our forces for another even more perilous mission that will take us straight into the fabled graveyard of would-be world-conquerors otherwise known as Afghanistan. Why? How? To what purpose? A thousand questions raise themselves up, like the first crocuses of spring – but the Obama administration isn't answering, because no one of any importance is asking. Just little old me – and, maybe you. And maybe Rachel Maddow, now and then: and that's pretty much it. Surely the alleged "antiwar movement" isn't interested – they're too busy hailing Obama's election.
The President's budget requests for Iraq and Afghanistan total $75 billion through the fall, and $130 billion for next year. That means we'll be spending nearly $11 billion per month for at least the next year and a half."
So, are you selling General Dynamics, Raytheon and Northrop Grumman based on Obama's rousing address last week? If so, I think you are delusional. American taxpayers are worse off for the existence, but American taxpayers that are also shareholders will be a little less worse off.
David in Qatar
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