Summary: While taxes remain low for the rich and our key social and physical infrastructure decays, a few parts of the government thrive. Today Chuck Spinney, one of our most acute observers of the US military, describes how the latest deal made by Congress continues the lavish funding of the US military-industrial complex. Something to …
DoD is flush with cash, but running empty of ideas Read More »
Summary: America’s largest investment program is its military. Hundreds of bases around the world. Fighting dozens of small wars. Our advanced aerospace program is largely military. Much of America’s R&D is done by DARPA and other defense agencies. Meanwhile Congress quibbles about million-dollar programs while waving through multi-billion-dollar defense programs. Today Winslow Wheeler explains how …
Do you know how DoD will spend a trillion dollars this year? Read More »
Summary: One common element between the old and new America is the fantastic return to lobbying. Nothing pays like buying a congressman. Drilling for profits into the US Treasury! The difference is scale: in the New America the opportunities for great profit are less than before — while the size of the government has grown. …
Profits in the New America: lobbyists drill for public money Read More »
Summary: Today GI Wilson writes about the great game of the 21st century — the US government vs. our 4GW foes. Once called “low intensity war”, our foes have taught us the ability of sustained 4GW produces only a series of expensive defeats for foreign armies (no matter how powerful). A slow bleeding, until we …
Summary: today guest author Winslow Wheeler reviews Mitt Romney’s proposal to boost defense spending until it reaches “a floor of 4% of GDP” (as he proclaims at his official website), and explains why it is an insult to history. . . Contents . Romney’s defense budget is unrealistic About the author Other articles by Winslow Wheeler About …
