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Tag: Defense Budget

The Panama Papers: Laundering Havens for War Budgets (Video)

In mid-April, economist Michael Hudson told The Real News Network that global oil and mining industries and the U.S. State Department created Panama and Liberia for the express purpose of tax evasion.

Posted on Apr 25, 2016 WATCH & LISTEN


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Manna From Hell

War is hell. Unless, of course, you happen to be a global corporate peddler of rockets, drones, bombs and all the other hellish weaponry of military conflict.

Posted on Jan 31, 2016 READ MORE



AUDIO: Defense Contractors Tell Investors That Escalating Conflicts Are Good for Business

Major defense contractors Raytheon, Oshkosh and Lockheed Martin assured investors at a conference in West Palm Beach, Fla., recently that they stand to profit from escalating conflicts in the Middle East.

Posted on Dec 5, 2015 READ MORE


Budgeting Bombs









Posted on Mar 26, 2015 ENLARGE


Ebola Defense









Posted on Oct 22, 2014 ENLARGE


Ahmadinejad
AP / Hasan Sarbakhshian

Obama Makes Room for New Sanctions Against Iran

On Friday, President Obama prepared to put the squeeze on Iran’s international oil business as an oblique, but not ambiguous, means of pressuring Tehran about its nuclear program by laying the groundwork for more sanctions.

Posted on Mar 30, 2012 READ MORE



Flickr / jimforest

The Cost of America’s Wars: Felt but Unknown

How much are American taxpayers paying for the nation’s imperial wars? No one seems to know. But the following article contains a few key figures we would expect to find on the manifest aboard America’s sinking ship of war.

Posted on Aug 17, 2011 READ MORE



Flickr / loop_oh

The Drawdown That Wasn’t

Tom Engelhardt, a fellow at The Nation Institute and creator and editor of TomDispatch.com, takes a close accounting of President Obama’s Afghanistan speech delivered in late June, in which Americans were told that this year the U.S. would begin winding down its war in that country. (more)

Posted on Jul 2, 2011 READ MORE


Pentagon
Flickr.com / mindfrieze

Pentagon Aiming to Slash Military Spending

The Obama administration is working on cutting back defense spending to levels the U.S. hasn’t seen since before Sept. 11, 2001, but the proposed changes have more to do with economic reasons than any big strategic change from within military ranks.

Posted on Jan 6, 2011 READ MORE


Lieberman
AP / Douglas Healey

Lieberman Twists the Knife

Is there a more hypocritical figure in American politics than Joe Lieberman? The Connecticut senator declared Tuesday that he would support a filibuster of any health care reform bill that has a public option—even the version with the “trigger” compromise accepted by Republican Sen. Olympia Snowe—because it might cost money.

Posted on Oct 28, 2009 READ MORE


F-22
dodimagery.afis.osd.mil

Backlash Over Defense Budget Cuts Begins

Although some in Congress applauded Defense Secretary Robert Gates’ announcement that the Obama administration would be whittling down the defense budget for 2010, suffice it to say that not everyone is thrilled by this development—especially those whose districts will be directly impacted by the cuts.

Posted on Apr 7, 2009 READ MORE


F-22
AP photo / Gary C. Knapp

Time to Cut the Military Pork

The U.S. budget is bleeding red ink by the buckets. So even as we take on deficits and debts, we should look for places to trim the budget. The incoming administration should start by rolling back the Bush tax cuts for those making over $250,000 a year and by putting the ax to the most sacred of sacred cows in the federal budget: the Department of Defense.

Posted on Dec 13, 2008 READ MORE


Pentagon
flickr.com/mindfrieze

The Bailout vs. the Defense Budget

There has been much moaning, air-sucking and outrage about the U.S. government’s $700-billion bailout deal, but in fact we dole out similar amounts of money every year in the form of payoffs to the armed services, the military-industrial complex, and powerful senators and representatives allied with the Pentagon.

Posted on Sep 28, 2008 READ MORE


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