Best of the Week
Most Popular
1. Climate Change Mass Extinction - Birds, Bees and Bugs: Going Going Gone - Richard_Mills
2.A Purrrfect Gold Price Setup! - Peter_Degraaf
3.Who Finances America's Borrowing? Recession Indicator for Independent Thinkers Part 2 - F_F_Wiley
4.America’s One-sided Domestic Financial War - Raymond_Matison
5.Gold Price Summer Doldrums - Zeal_LLC
6.Two Key Events Will Unleash Gold - Jim_Willie_CB
7.Billionaire Schools Teacher in NAFTA Trade Talks - Richard_Mills
8.Get Out Of Crypto Cannabis Bubble Before It Pops and Move Into Bargain Basement Miners - Jeb_Handwerger
9.Stock Market Could Pullback for 1-2 weeks, But Medium Term Bullish - Troy_Bombardia
10.G7 Chaos, Central Banks and US Fed Will Drive Stock Prices This Week - Chris_Vermeulen
Last 7 days
Financial Markets Analysis and Trend Forecasts 2018 - A Message from Nadeem Walayat - 21st Jun 18
SPX Bouncing Above Support - 21st Jun 18
Things You Need To Know If You Want To Invest In Bitcoin Now - 21st Jun 18
The NASDAQ’s Outperformance vs. the Dow is Very Bullish - 21st Jun 18
Warning All Investors: Global Stock Market Are Shifting Away From US Price Correlation - 20th Jun 18
Gold GLD ETF Update… Breakdown ? - 20th Jun 18
Short-term Turnaround in Bitcoin Might Not Be What You Think - 19th Jun 18
Stock Market’s Short Term Downside Will be Limited - 19th Jun 18
Natural Gas Setup for 32% Move in UGAZ Fund - 19th Jun 18
Magnus Collective To Empower Automation And Artificial Intelligence - 19th Jun 18
Trump A Bull in a China Shop - 19th Jun 18
Minor Car Accident! What Happens After You Report Your Accident to Your Insurer - 19th Jun 18
US Majors Flush Out A Major Pivot Low and What’s Next - 18th Jun 18
Cocoa Commodities Trading Analysis - 18th Jun 18
Stock Market Consolidating in an Uptrend - 18th Jun 18
Russell Has Gone Up 7 Weeks in a Row. EXTREMELY Bullish for Stocks - 18th Jun 18
What Happens Next to Stocks when Tech Massively Outperforms Utilities and Consumer Staples - 18th Jun 18
The Trillion Dollar Market You’ve Never Heard Of - 18th Jun 18
The Corruption of Capitalism - 17th Jun 18
North Korea, Trade Wars, Precious Metals and Bitcoin - 17th Jun 18
Climate Change and Fish Stocks – Burning Oxygen! - 17th Jun 18
A $1,180 Ticket to NEW Trading Opportunities, FREE! - 16th Jun 18
Gold Bullish on Fed Interest Rate Hike - 16th Jun 18
Respite for Bitcoin Traders Might Be Deceptive - 16th Jun 18
The Euro Crashed Yesterday. Bearish for Euro and Bullish for USD - 15th Jun 18
Inflation Trade, in Progress Since Gold Kicked it Off - 15th Jun 18
Can Saudi Arabia Prevent The Next Oil Shock? - 15th Jun 18
The Biggest Online Gambling Companies - 15th Jun 18
Powell's Excess Reserve Change and Gold - 15th Jun 18
Is This a Big Sign of a Big Stock Market Turn? - 15th Jun 18
Will Italy Sink the EU and Boost Gold? - 15th Jun 18
Bumper Crash! Land Rover Discovery Sport vs Audi - 15th Jun 18
Stock Market Topping Pattern or Just Pause Before Going Higher? - 14th Jun 18
Is the ECB Ending QE a Good Thing? Markets Think So - 14th Jun 18
Yield Curve Continues to Flatten. A Bullish Sign for the Stock Market - 14th Jun 18
How Online Gambling has Impacted the Economy - 14th Jun 18
Crude Oil Price Targeting $58 ppb Before Finding Support - 14th Jun 18
Stock Market Near Another Top? - 14th Jun 18
Thorpe Park REAL Walking Dead Living Nightmare Zombie Car Park Ride Experience! - 14th Jun 18

Market Oracle FREE Newsletter

5 "Tells" that the Stock Markets Are About to Reverse

Debunking The Gutting Of U.S. Military Storyline

Politics / US Military Mar 30, 2014 - 09:05 PM GMT

By: James_Quinn

Politics

“War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.” – General Smedley Butler – War is a Racket

I peruse a number of websites everyday as I look for interesting articles to post or reference in one of my articles. I agree with many conservative leaning websites when it comes to economic issues, but when it comes to war mongering and flag waving, I go my own way. Any site that supports our empire building and excessive spending on war is not a conservative website. You can’t act in a fiscally responsible sustainable manner without dismantling our war machine and taking on the military industrial complex. You’re a faux fiscal conservative if you think we can continue to spend $800 billion per year on war with no financial implications. The entire Federal budget was $800 billion in 1983.


The latest storyline being propagandized by Mad Dog McCain and his band of merry neo-cons is that Obama’s latest defense budget will gut our military and make us susceptible to attack from all of our enemies. The mainstream media mouthpieces like Fox News repeat these boldfaced lies without seeking facts or real data. The power of the military industrial complex is dangerous to our citizens. They have bought off Republicans and Democrats in Congress and they control journalists who get paid to write scary articles about the horrific budget cuts and danger to our nation. It’s all lies. Spineless corrupt politicians like Bush and Obama do and say whatever is necessary to win the most votes. Statesmen like Dwight D. Eisenhower stood up to the military industrial complex and their bought off lackeys in Congress.

“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.”

Statesmen are like bald eagles around here – almost extinct.

The United States spends more per year on war than the next thirteen countries combined. That imminent attack by the Iranian navy may be overblown. Our generals blather about the threat from China, that spends 18% of our budget, and threat from Russia, that spends 7% of our budget. The mainstream media articles and fear mongering drivel from our corrupt bought off politicians are nothing but propaganda designed to keep the billions flowing to the arms peddlers like Lockheed Martin, Northrup Grumman, Raytheon, Boeing, and the rest of the dealers of death. Politicians who have been bribed with decades of “political contributions” won’t even vote to get rid of weapons programs the military no longer wants.

It’s interesting how politicians are able to tell citizens they are only spending $520 billion per year on war when the true figure is $820 billion. Obama’s FY15 budget says we are going to spend $520 billion. He conveniently leaves out the cost of ongoing wars and the cost of past wars. We are still spending over $100 billion per year on our ongoing wars in Afghanistan, occupation in Iraq, and provocations in Libya and Syria. We are also providing military support of $50 billion to Egypt, Israel and dozens of other countries around the globe. Lastly, we spend over $150 billion per year on veterans of past wars. Our beloved leaders move that expense to another line item in the budget and pretend it is not a cost of war. The American people have short attention spans and once our wars of choice aren’t on the nightly news anymore they think it’s over. Tell that to the families of the 7,100 dead soldiers killed in our Middle East invasions, along with the 50,000 badly wounded servicemen, and the thousands more mentally damaged by the ordeal.  The cost of war goes on forever. Government obfuscation does not fool anyone with critical thinking skills.

The dogs of war – McCain and Graham,  along with hundreds of other war mongering pricks in Congress claim Obama is some pacifist attempting to dismantle our beloved military. These traitors of truth evidently can’t understand math or charts. Bush’s last war budget was $731 billion. The Iraq war has ceased and Obama is still spending $820 billion per year on war. Does it sound like the military is being gutted? Are we more in danger of being attacked by another country today than we were in 1999? That is the question that should be asked. They call it the DEFENSE budget because it is supposed to be used to defend us from attack, not to bully countries throughout the world and attack sovereign countries who are no threat to our security. Isn’t it convenient that the U.S. provoked overthrow of the democratically elected government of the Ukraine has initiated a new media created “Cold War”?

The country was sufficiently defended with a war budget of $333 billion in 1999. No one invaded us or threatened to invade. The Cold War was long over. The military industrial complex needed a 9/11 to revitalize their profits. The neo-con/military industrial complex created War on Terror has opened the door to never ending wars of choice around the world with no consent or approval from the people. War spending grew to $879 billion by 2011, a 164% increase in 13 years. Over this same time frame GDP grew by 74%. Does this sound like the military has been short changed? The fear mongering neo-cons and conservative websites are nothing but nattering nabobs of nonsense. Even the hint of slowing in spending on our empire building creates an urgency for a new evil enemy. Is it a coincidence that Vlad Putin has now emerged as an existential threat to our freedom and liberty according to the den of vipers in Congress, the military industrial complex, and the corporate media mouthpieces?

Even the dreaded sequester would have done nothing but slowed the rate of growth in war spending. You have to understand that a Federal government spending “cut” isn’t really a cut. It means the increase in spending you anticipated will be slightly lower. Of course, the one party system in Washington DC compromised and eliminated the sequester “cuts”. Those politicians need those “political contributions” to get re-elected in 2014. Defense spending will be far higher over the next decade, not including the inevitable wars of choice we are led into by our noble leaders. Putin must be stopped. Assad must be stopped. Iran must be stopped. China must be stopped. The world policeman must do his job and bankrupt the empire. War is highly profitable for peddlers of debt, corporate dealers of death, and the politicians getting bribed by Wall Street and the military industrial complex. The peasants who are sent off to die are nothing but cannon fodder for the power brokers of death, destruction and debt.

The war mongers will continue to use propaganda and misinformation to convince you we are in danger if the war budget is cut by 2%. The truth is that we need to cut the military by 50%, stop trying to operate a world empire, and withdrawal our troops from Germany, Japan, and the dozens of other countries around the globe. We need to stop handing billions of dollars we don’t have to Israel, Egypt and dozens of other countries so they can buy arms from our arms dealers. We are the cause of all the war and violence in this world. The job of our military is to protect our borders, not to police the world. Hubris, arrogance, and overreach, financed by central bank created debt, is how empires die.

“As many frustrated Americans who have joined the Tea Party realize, we cannot stand against big government at home while supporting it abroad. We cannot talk about fiscal responsibility while spending trillions on occupying and bullying the rest of the world. We cannot talk about the budget deficit and spiraling domestic spending without looking at the costs of maintaining an American empire of more than 700 military bases in more than 120 foreign countries. We cannot pat ourselves on the back for cutting a few thousand dollars from a nature preserve or an inner-city swimming pool at home while turning a blind eye to a Pentagon budget that nearly equals those of the rest of the world combined.”Ron Paul

Understand where they are spending your money:

Join me at www.TheBurningPlatform.com to discuss truth and the future of our country.

By James Quinn

quinnadvisors@comcast.net

James Quinn is a senior director of strategic planning for a major university. James has held financial positions with a retailer, homebuilder and university in his 22-year career. Those positions included treasurer, controller, and head of strategic planning. He is married with three boys and is writing these articles because he cares about their future. He earned a BS in accounting from Drexel University and an MBA from Villanova University. He is a certified public accountant and a certified cash manager.

These articles reflect the personal views of James Quinn. They do not necessarily represent the views of his employer, and are not sponsored or endorsed by his employer.

© 2014 Copyright James Quinn - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

James Quinn Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules