SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (217377)2/4/2005 9:44:50 PM
From: Raymond Duray  Read Replies (1) of 1572982
 
THE WAR RACKETS BUDGET:

As Lt. Gen. Smedley Butler commented: "War is just a racket."

He's right, of course.

Here's a review of real military spending in the U.S. as of FY 2002:

independent.org

Unlike others on the thread, I do feel that inclusion of such items as interest on the portion of the national debt ascribed to huge deficit spending on military procurement in the past is quite legitimate from an accountancy point-of-view. As Mr. Higgs points out in his analysis, in FY 2002, fully $138 Billion could be ascribed to blatant mis-management of national expenditures for war over the years. We really did pay out that money. It really resulted from debts incurred largely to create the huge weapons buildup of the 1980s and 1990s. There's nothing artificial about that $138 Billion expense. We can see it in 12 active navy aircraft carrier "Strike Forces". We can see it in grotesquely destructive B-2 bombers***. We can see it in billions of dollars worth of destroyed tanks, armed personnel carriers, transports and humvees littering the Iraqi countryside.

The waste is real, and the interest that we are forced to pay year after year "from here to eternity" is real.

Citizens, never forget, debt is a form of enslavement.
________________________________

***In both the sense that this death-machine carries phenomenal ordinance raining death on civilians across much of the planet, and in the sense that the debt imposed on us is crushing the hopes of the citizens of the U.S. for a better and more prosperous life in the future.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News