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Cashing In on TerrorPosted on Oct 30, 2007
Not to stoke any of the inane conspiracy theories running wild on the Internet, but if Osama bin Laden wasn’t on the payroll of Lockheed Martin or some other large defense contractor, he deserves to have been. What a boondoggle 9/11 has been for the merchants of war, who this week announced yet another quarter of whopping profits made possible by George Bush’s pretending to fight terrorism by throwing money at outdated Cold War-style weapons systems. Lockheed Martin, the nation’s top weapons manufacturer, reaped a 22 percent increase in profits, while rivals for the defense buck, Northrop Grumman and General Dynamics, increased profits by 62 percent and 22 percent, respectively. Boeing’s profits jumped 61 percent, spiked this quarter by its commercial division, but Boeing’s military division, like the others, has been doing very well indeed since the terrorist attacks. As Newsweek International put in August: “Since 9/11 and the U.S.-led wars that followed, shares in American defense companies have outperformed both the Nasdaq and Standard & Poor’s stock indices by some 40 percent. Prior to the recent cascade of stock prices worldwide, Boeing’s share prices had tripled over the past five years while Raytheon’s had doubled.” Not bad for an industry in serious difficulty with the sudden collapse of the Cold War at the beginning of the 1990s, when the first President Bush and his defense secretary, Dick Cheney, were severely cutting the military budget for high-ticket planes and ships designed to fight the no-longer-existent Soviet military. Sure, they had Iraq to kick around, but the elder Bush never thought to turn the then very real aggression of Saddam Hussein into an enormously expensive quagmire. He both defeated Hussein and cut the military budget. Not so Bush the younger, who exploited the trauma of 9/11 as an occasion to depose the defanged dictator of Iraq and thus provide a “shock and awe” showcase for the arms industry, which continues to benefit obscenely from the failed occupation. The second Iraq war, irrationally conflated with the 9/11 attack that had nothing to do with Hussein, provided the perfect threat package to justify the most outrageous military boondoggle in the nation’s history. The bin Laden boys only had an arsenal of $3 knives, but Bush claimed Hussein had WMD. Sadly for the military-industrial complex, Hussein’s army collapsed all too suddenly. But the insurgency, much of it fueled by the Shiites, who were ostensibly on our side, provided the occasion for pretending that we are in a war against a conventionally armed and imposing military enemy. Of course, we are in nothing of the sort with this so-called war on terror, a propaganda farce that draws resources away from serious efforts to counter terrorism to reward the corporations that profit from high-tech weaponry that has little if anything to do with the problem at hand. As Columbia professor Richard K. Betts points out in Foreign Affairs magazine: “With rare exceptions, the war against terrorists cannot be fought with army tank battalions, air force wings, or naval fleets—the large conventional forces that drive the defense budget. The main challenge is not killing the terrorists but finding them, and the capabilities most applicable to this task are intelligence and special operations forces. ... It does not require half a trillion dollars worth of conventional and nuclear forces.” That half a trillion only covers the Pentagon budget for expenses beyond the cost of the Iraq and Afghanistan wars or the Department of Homeland Security. Those last three items total more than $240 billion in Bush’s 2008 budget requests. Add to that the $50 billion spent on intelligence agencies and an equal amount of State Department-directed efforts and you can understand how we manage to spend more fighting a gang of mujahedeen terrorists, once our “freedom fighters” in that earlier Afghan war against the Soviets, than we did at the height of the Cold War. “The Pentagon currently absorbs more than half of the federal government’s discretionary budget,” writes Lawrence J. Korb, “surpassing the heights reached when I was President Reagan’s assistant secretary of defense. ... And, much like the 1980s, we are spending billions of dollars on weapons systems designed to fight the Soviet superpower.” Thanks to bin Laden and Bush’s exploitation of “war on terror” hysteria, the taxpayers have been hoodwinked into paying for a sophisticated military arsenal to fight a Soviet enemy that no longer exists. The Institute for Policy Studies calculated last year that the top 34 CEOs of the defense industry have earned a combined billion dollars since 9/11; they should give bin Laden his cut. Previous item: For Whom the Bell's Palsy Tolls Next item: Racist, Distorted and Effective Elsewhere: . CommentsAre you a Truthdig member yet? Login now, or register with Truthdig.
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By Nabih Ammari, November 7, 2007 at 2:47 am # The blunt and tough straight talk of Kieth Olberman If members of the House of Representatives claim that If anyone cares to have more information about the The Center For Constitutional Rights The Center has published not only the articles of
By Nabih Ammari, November 4, 2007 at 3:16 am # To:#111091 by Douglas Chalmers on 11/01 at 11:00 pm. “When the economic/financial grand game is up(very soon) the USA will be the main loser.That’s when For the sake of clarity to those who are unaware of the implications -Yes,indeed,all U.S. debt will vanish and Bush will -The smile will be wiped off of his face as soon as
By Nabih Ammari, November 3, 2007 at 11:09 pm # To:#111091 by Douglas Chalmers on 11/01 at 11:00 pm. “When the economic/financial grand game is up(very soon) the USA will be the main loser.That’s when For the sake of clarity to those who are unaware of the implications -Yes,indeed,all U.S. debt will vanish and Bush will -The smile will be wiped off of his face as soon as
By Shorey Chapman, November 3, 2007 at 4:06 pm # You people are patheric. All this chatter about Lockjeed Martin, fighter plalnes, 9/11 conspiracies is nothing but political “fantasy football.” Lots of ego satisfaction, zero results in the real world. It is the equivalent of someone who has a terminal neurological disease complaining about the tingling in his fingers. We and our planet are mere playthings in the hands of the Bush crime family and their allies in Saudi Arabia and around the world. They are criminally insane, interested only in their own accumulation of money and power. Too many people who should know better are riding along for their own benefit. No amount of clever discussion will ever dissuade them from their predation. I know I’m just a foolish old man who has seen too much and is too stubborn to stop trying to make a difference, but there must be at least one other person out there who understands that we have to organize massive non-violent civil disobedience to halt the class warfare against those who are not interested in money and power, Hello???
By Bill Blackolive, November 3, 2007 at 9:52 am # Cyrena, great this you do, and why do you suppose it is so hard now to get patriotsquestion911.com/media?
By bogi666, November 2, 2007 at 10:19 am # The proper context and comparison for the 9/11 defeat of America by 19 hijackers is PANCHO VILLA’S DECLARATION OF WAR ON THE USA AND HIS INVASION OF NEW MEXICO where there were casualties. Villa was pursued by Gen. Black Jack Pershing, US army, and OBL was pursued by the US army neither was apprehended and the pursuits terminated so that other war could be conducted. The obvious similarities would suggest that the Bush administration thought this to be the proper comparison, Villa and OBL.This comparison would not satisfy the PNAC goal of another Pearl Harbor so that they could implement their plan of a soviet-fascist government for the USA.Their was not incentive to prevent or to stop the 9/11 hijackers. Bush, the Republicans and PNAC had more to gain by allowing the 9/11 hijackers succeed. On 6/1/2001 Cheney changed the intercept authorization, to intercept hijacked aircraft, was from a decentralized system to a centralized system which had to go thru Bush/Cheney/Rummy for approval to intercept.This[was?] created delays for intercept approval therefore preventing the attack to be stopped. In December 2001 intercept authorization was changed back to the decentralized system. This went unreported in the MSM, for obvious reasons.
By steve, November 2, 2007 at 5:21 am # Viewing a flotilla of destroyers at anchor in San Diego in 146 I forecast the day of naval warfare was over (except for the submarines) because it was useless against a continental enemy armed with nukes. I was wrong only because our government has since used our navy against small nations lacking a retaliatory capability. (The “Shootting fish in a barrell” analogy applies.) I believe the recent devestating fires in California proves all a terrorist needs to do to succeed is a book of matches.
By Peter Holmes, November 1, 2007 at 6:58 pm # The only inane conpsiracy theory is the official one. For anyone actually familiar with the official story, or anyone who’s read a David Ray Griffin book, or taken a look at the physics arguments proving the demolition of the towers (AE911truth.org), it is an educational experience watching others characterize those valid questions as “inane.” If the 9/11 truth movement has nothing to it, why will not a single person stand up and debate the issues in a public forum? Ask Thom Hartmann over at Air America, who has been searching for someone to represent the official side for quite some time now, unsuccesfully. Further, it is an absurd position to claim that a movement with so many credible, respected and intelligent people (patriotsquestion911.com) has no merit whatsoever. Until the evidence is addressed, which it likely will not be, the 9/11 Truth movement will continue to grow. And finally, if this site continues to promote articles inexplicably dismissive of the very real issues of 9/11 truth, i’m gonna rename my bookmark truthbury. Wow these bankers have left us impotent, haven’t they?
By real sense, November 1, 2007 at 2:59 pm # common sense,
By Compton Stokes, November 1, 2007 at 1:07 pm # Very funny Bob, |
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