Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Pogeu Mahone who wrote (56696)	12/31/2014 9:10:05 AM
From: elmatador	Read Replies (3) \| Respond to of 71402

Good point about over extension. The military budget is the price we pay for the nation’s foreign policy. The U.S. currently is spending nearly as much as the rest of the world. In real terms, Washington is spending more today than at any time during the Cold War, the Korean War, or the Vietnam War. In 2010 the U.S. will spend roughly $700 billion on the military. The Obama administration’s original non-war defense budget was $534 billion. The latter is an increase of $20 billion, or 4 percent (2 percent after inflation). Yet conservatives attacked Obama for “cutting” military outlays. Robert Kagan of the Carnegie Endowment for International Peace charged that the administration was signaling that “the American retreat has begun.” reason.com