8/25/08

Pentagon wasting trillions on "national defense"

America's economy is a war economy. Not a "manufacturing" economy. Not an "agricultural" economy. Nor a "service" economy. Not even a "consumer" economy.

Oh just admit it, we have a love affair with war. We love "America's Outrageous War Economy."

  • Why else are Americans so eager and willing to surrender 54% of their tax dollars to a war machine, which consumes 47% of the world's total military budgets?
  • Why are there more civilian mercenaries working for no-bid private war contractors than the total number of enlisted military in Iraq (180,000 to 160,000), at an added cost to taxpayers in excess of $200 billion and climbing daily?

We've lost our moral compass: Today war greed trumps morals. During the Revolutionary War our leaders risked their lives and fortunes; many lost both. Today it's the opposite.

[Excerpt of an article by Paul B. Farrell, MarketWatch]

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