Canada May Join The US

Before idiots take a victory lap I am speaking of Donny’s new obsession, the Golden Dome defense system….Canada is considering coming in on the deal that Donny is pushing.

Donny has done almost everything to convince Canada to join the union…..and now he has used the rotten apple “Golden Dome” as an incentive hoping fearmongering will do the trick.

Canada’s participation in President Trump’s $175 billion Golden Dome missile defense project will cost the country $61 billion—or nothing, Trump announced Tuesday. As King Charles III told Canada’s Parliament that a “confident Canada” can “give themselves far more than any foreign power can ever take away,” Trump took to Truth Social to note Canada’s role in the project “will cost $61 Billion Dollars if they remain a separate, but unequal, Nation, but will cost ZERO DOLLARS if they become our cherished 51st State.” “They are considering the offer!” he added. In response, the office of Canadian Prime Minister Mark Carney said he’d been clear that Canada will remain “an independent, sovereign nation,” per CTV News.

This concept is nothing new…..Reagan was pushing for this but did not have the support he wanted…..

The program has grown from a relatively modest $3 billion a year, back when Ronald Reagan first started talking it up during the 1980s, to over $30 billion a year for “missile defense and defeat programs” today. Since the development of the first interceptors in 1962, the government has spent more than $531 billion on “multiple ineffective missile defense schemes,” according to Stephen Schwartz, a nuclear budget analyst. Over $453 billion of that was spent in failed efforts launched by Reagan in 1983 to fulfill his fantasy of a shield that could “protect us from ballistic missiles just as a roof protects a family from rain.”

All we have to show for the effort is 44 ground-based interceptors in Alaska and California that are so flawed that the Pentagon last year awarded Lockheed Martin an $18 billion contract to build a brand-new replacement system. While missile defenses against short-range rockets, like those Hamas fired into Israel, can be effective, no country has built a system that can reliably shoot down nuclear missiles that travel thousands of miles at many times the speed of sound.

Whether the systems works or not doesn’t matter for the contractors who get rich on contracts to design, develop, and deploy these weapons. That may be why Musk has partnered with two other companies owned by Trump supporters, software maker Palantir and drone builder Anduril, to help design and build the system. Musk’s company estimates that the initial design contracts alone could be worth between $6 billion and 10 billion, according to Reuters.

https://newrepublic.com/article/195608/trump-golden-dome-elon-musk-richer

All this ‘system’ will do for certain is make Musk richer as well as the defense contractors….. “raises concerns about whether defense contracts to build a Golden Dome are an effective way to protect Americans or are meant to enrich Mr. Musk and other elites.”

Another funnel for the defense industry to siphon cash out of this country and into the pockets of the Fat Cat CEOs and possibly Musk and Donny as well.

I Read, I Write, You Know

“lego ergo scribo”

Thieves In Business suits

A change of pace….we will be bombarded with stats and reports for the next few days so let’s try and change the tone.

I know I do go on about the War Department and it’s inflated budget that grows yearly….and I rail about the sycophants with buckets on money that buy off Congress and the White House….the corruption is just getting worse with every admin that comes to power.

For instance one of the preeminent defense industry has just bee caught gouging.

Indictments of arms contractors for corruption and malfeasance are not uncommon, but recently revealed cases of illegal conduct by RTX (formerly Raytheon) are extraordinary even by the relatively lax standards of the defense industry.

The company has agreed to pay nearly $1 billion in fines, which is one of the highest figures ever for corruption in the arms sector. To incur these fines, RTX participated in price gouging on Pentagon contracts, bribing officials in Qatar, and sharing sensitive information with China.

Engaging in illegal conduct on this scale suggests that, far from being an aberration, this behavior may be business as usual for the company. Given the scale of RTX’s malfeasance, the Justice Department should take a close look at the practices of other arms contractors to determine whether these infractions are industry standard.

The company’s approach is reminiscent of the way arms companies did business in the 1960s, when, for example, massive cost overruns on Lockheed Martin’s C-5 transport plane drew fire from internal critics like Ernest Fitzgerald and congressional gadflies, like the-Democratic Sen. William Proxmire of Wisconsin.

Resorting to bribery has been less prevalent since Sen. Proxmire pushed through the Foreign Corrupt Practices Act of 1977, which was a response to a massive scandal involving the bribery of officials in Japan, Germany, the Netherlands, Indonesia, and Saudi Arabia. The exposure brought about by the scandal – which covered events going back to the 1950s that were not known to the general public until a set of 1975 Senate hearings on the activities of multinational corporations showed the world how bribery was used to sway the decisions of foreign policy makers. This resulted in major consequences, including the conviction of former Japanese Premier Kakuei Tanaka, along with 10 other business people and government officials.

https://responsiblestatecraft.org/raytheon-corruption/

This is disgraceful….if these thieves are caught red handed then they should be fined and sent to the bottom of any future contracts.

I wish I could say this was a one off incident….but it is all too common.

Then there is Boeing, you know the plane maker that has been doing shoddy work, it was also caught gouging….

A new report from a Department of Defense watchdog claims Boeing managed to slip a few pricey items through, reports Reuters, inflating the cost of a dozen spare parts for C-17 transport planes used by the Air Force to the tune of almost $1 million. According to the DOD’s Office of Inspector General report released Tuesday, included in those spare parts were bathroom soap dispensers that ran the military arm nearly $150,000 in unnecessary costs. The markup on the soap dispensers was 7,943%, the report noted—or more than 80 times what similar commercially available dispensers cost, per CBS News.

“The Air Force needs to establish and implement more effective internal controls to help prevent overpaying for spare parts for the remainder of this contract, which continues through 2031,” says Defense Department Inspector General Robert Storch in a statement. He makes the point that “significant overpayments for spare parts may reduce the number of spare parts that Boeing can purchase on the contract, potentially reducing C-17 readiness worldwide.”

Under that contract, Boeing is the entity that buys the spare parts for the C-17 planes, then is reimbursed by the Air Force. The inspector general’s review was spurred by an anonymous tip about the soap dispensers. Boeing, meanwhile, says the spare parts had to be significantly modified to meet military specs, and that it plans to dive into the details in its own written response “in the coming days,” per Reuters. The Air Force says it concurs with the “intent” of the watchdog’s recommendation to “determine whether spare parts prices are allowable and reasonable before payment,” adding that it would seek to recoup more than $902,000, reports USA Today.

These are not solo incidents this practice is all too common and there is little oversight anyone thanks to the GOP and stupidity.

This is taxpayer money and should be reported whenever abuse has been rooted out….but rooting it out seems to be a huge obstacle.

But that is just my wish for this government.

Taxpayer cash side note: 

A new report by the Israeli outlet Calcalist reviewed Israeli military spending on wars since October 7, finding that Washington is funding 70% of Tel Aviv’s military costs. In a little over a year, the US has provided Israel with more than $20 billion in military aid. 

“The scope of American aid since the beginning of the war is about 85 billion shekels… According to official estimates by the Bank of Israel, the total cost of the war is…approximately NIS 118 billion.” It continues, “Therefore, according to a simple calculation, The Americans financed about 70% of the war effort.”

According to the Cost of War Project, the US has given Israel $22.57 billion in military aid since the Hamas attack. Calcalist concludes without US support, Tel Aviv’s war would simply be unaffordable.

https://libertarianinstitute.org/news/washington-is-funding-70-of-israels-wars/

And no one seems to care how much money is being pissed away on these endless wars.

Why is that?

I Read, I Write, You Know

“lego ergo scribo”

Why So Many Wars?

Many people if they thought about it would want to know just why we are involved in so many conflicts around the planet.

Here’s a hint….Money!

You see war and such are supposed to be decided by the Congress but after 9/11 they took a back seat to the president who decides which proxy war we will fund.

The Congress is content to sit on the sidelines and invest in the companies that supply these wars.

Just take a look at who along with their family members are profiting from our involvement in these conflicts….

This page writes frequently about Congress’s unofficial but all-too-real mandate of making money for its friends in the defense sector. While this is absolutely true, it is also crucial to remember that these lawmakers also use the weapons industry to enrich themselves.

According to a comprehensive breakdown compiled by Sludge, more than 50 members of Congress hold as much as $10.9 million in defense contractor stocks. The publication calculated the figure by using a variety of financial disclosures currently required by law. As the article notes, these securities are held either by the lawmakers, their spouses or children, or via a qualified blind trust.  

The halls of American power ooze with all kinds of unsavory activity, but this is undoubtedly one of the system’s most egregious forms of corruption. Members of Congress who sit on influential bodies that control the flow of federal dollars to some of the nation’s largest weapons manufacturers are directly invested in these same companies, to the tune of hundreds of thousands, and sometimes millions of dollars.

“In the Senate, several lawmakers with investments in defense contractors sit on committees that set and approve defense spending: three are on the Committee on Armed Services (SASC), and five are members of the Committee on Appropriations, including two who sit on the key Defense Appropriations subcommittee. This body has jurisdiction over drafting legislation to allocate funds to government agencies including the Department of Defense, as well as supplemental spending bills,” writes Sludge. “On the House side, at least five lawmakers with household stakes in defense contractors sit on the House Armed Services Committee (HASC), which has jurisdiction over defense policy, headlined by the mammoth annual NDAA. Three of the representatives sit on the Defense Appropriations subcommittee.”  

https://issuechronicle.substack.com/p/the-house-and-senate-members-personally

If you do as advised and ‘follow the money’ you will see the true reason why so many wars.

I Read, I Write, You Know

“lego ergo scribo”

 

A Conflict Of Interests

It is no secret the way I feel that there are too people making profits off of our total involvement in most of the world’s conflicts.

First there are all those lobbying firms from K Street but what about the Congress?

At least 50 U.S. lawmakers or members of their households are financially invested in companies that make military weapons and equipment—even as these firms “receive hundreds of billions of dollars annually from congressionally-crafted Pentagon appropriations legislation,” a report published Thursday revealed.

Sludge‘s David Moore analyzed 2023 financial disclosures and stock trades disclosed in other reports and found that “the total value of the federal lawmakers’ defense contractors stock holdings could be as much as $10.9 million.”

According to the report:

The spouse of Sen. Susan Collins (R-Maine), the ranking member of the Defense Appropriations subcommittee, holds between $15,000 and $50,000 worth of shares in each of Boeing and RTX, as well as holdings in two other defense manufacturers. Sen. Jerry Moran (R-Kansas), another Defense Appropriations subcommittee member, holds up to $50,000 in the stock of Boeing, which received nearly $33 billion in defense contracts last year. On the Democratic side of the aisle, Sen. John Hickenlooper (Colo.) holds up to a quarter of a million dollars’ worth of stock in RTX…

The most widely held defense contractor stock among senators and representatives is Honeywell, an American company that makes sensors and guiding devices that are being used by the Israeli military in its airstrikes in Gaza. The second most commonly held defense stock by Congress is RTX, formerly known as Raytheon, the company that makes missiles for Israel’s Iron Dome, among other weapons systems.

All 13 senators whose households disclosed military stock holdings voted for the most recent National Defense Authorization Act, which, as Common Dreams reported, allocated a record $886.3 billion for the U.S. military while many lawmakers’ constituents struggled to meet their basic needs.

“It is an obvious conflict of interest when a member of Congress owns significant stock investments in a company and then votes to award the same company lucrative federal contracts,” Craig Holman, government affairs lobbyist at the consumer advocacy group Public Citizen, told Sludge.

“Whether or not the official action is taken for actual self-enrichment purposes is beside the point. There is at least an appearance of self-enrichment and that appearance is just as damaging to the integrity of Congress,” Holman added. “This type of conflict of interest is already banned for executive branch officials and so should be for Congress as well. The ETHICS Act would justly avoid that conflict of interest by prohibiting members of Congress and their spouses from owning stock investments altogether.”

https://www.commondreams.org/news/members-of-congress-who-own-defense-stock?

A definite conflict of interests and yet life goes on like they are just fulfilling their job.

No one should be surprised just look at others in Congress that have the inside tract to money making opportunities that the rest of us do not have….like Pelosi, et al.

But not to worry these people will not do much to rein in their corruption…so they can make the obscene profits from continuing our funding and supplying of conflicts around the world.

It is good to be in Congress.

I Read, I Write, You Know

“lego ergo scribo”

What Is That ‘Sucking’ Sound?

It is common knowledge that I think our War Department is like a spoiled child…..we throw money at it to keep it quiet and pacified. Americans care more about some far away mud hole than the people down the street…..we have become a bloodthirsty pack of ingrates.

The War Department must invent international problems to ensure the money keeps rolling in.

So the ‘sucking’ sound you hear is the tax dollars being siphoned off to appease the gods of war.

America is a stratocracy, a form of government dominated by the military. It is axiomatic among the two ruling parties that there must be a constant preparation for war. The war machine’s massive budgets are sacrosanct. Its billions of dollars in waste and fraud are ignored. Its military fiascos in Southeast Asia, Central Asia and the Middle East have disappeared into the vast cavern of historical amnesia. This amnesia, which means there is never accountability, licenses the war machine to economically disembowel the country and drive the Empire into one self-defeating conflict after another. The militarists win every election. They cannot lose. It is impossible to vote against them. The war state is a Götterdämmerung, as Dwight Macdonald writes, “without the gods.”

Since the end of the Second World War, the federal government has spent more than half its tax dollars on past, current and future military operations. It is the largest single sustaining activity of the government. Military systems are sold before they are produced with guarantees that huge cost overruns will be covered. Foreign aid is contingent on buying U.S. weapons. Egypt, which receives some $1.3 billion in foreign military financing, is required to devote it to buying and maintaining U.S. weapons systems. Israel has received $158 billion in bilateral assistance from the U.S. since 1949, almost all of it since 1971 in the form of military aid, with most of it going towards arms purchases from U.S. weapons manufacturers. The American public funds the research, development and building of weapons systems and then buys these same weapons systems on behalf of foreign governments. It is a circular system of corporate welfare. 

https://scheerpost.com/2023/04/30/chris-hedges-the-enemy-from-within/

Americans piss and moan about this part of society or that is falling apart and yet are uncaring about needed funds being sent aboard on some adventure that never turns out to be good for the nation as a whole.

Why?

I Read, I Write, You Know

“lego ergo scribo”

Who Pays?

The US Congress has voted overwhelmingly to allow Sweden and Finland into NATO…..a bad idea from my point of view…..since the 1990s the US and NATO have been poking Russia in th eye at almost every turn…..and then Ukraine happened.

Now the finger poking begins again….and how will that end? Better question is if Russia retaliates against Europe who pays?

An excellent question and with the US domination of the arms industry….who do you think will benefit the most?

If Europe wants to flex its underused muscle….what will be the outcome?

After Russia attacked Ukraine, European governments claimed to be serious about defense. However, so far few have acted on their latest promises. The continent’s continued reliance on America is evident from European proposals for military escalation — which could only be pursued by Washington. The Biden administration should insist on an alliance rebalance.

For more than seven decades, the North Atlantic Treaty Organization has stood for North America and The Others. It was not supposed to be this way. Warned Dwight D. Eisenhower, NATO’s first supreme commander: “We cannot be a modern Rome guarding the far frontiers with our legions if for no other reason than that these are not, politically, our frontiers. What we must do is to assist these people [to] regain their confidence and get on their own military feet.”

However, even after recovering economically from World War II, European governments preferred to invest in their welfare states rather than their militaries. American policymakers preferred to dominate the continent’s decision-making rather than limit the U.S. public’s military liability. As a result, the U.S. consciously acted as a modern Rome. Still, Washington wanted the Europeans to do more. Alas, America’s clients provided promises rather than performance, reducing U.S. officials to begging.

A decade ago, soon-to-retire Defense Secretary Robert Gates criticized Europe’s lackadaisical military efforts: “I’ve worried openly about NATO turning into a two-tiered alliance: Between members who specialize in ‘soft’ humanitarian, development, peacekeeping, and talking tasks, and those conducting the ‘hard’ combat missions. Between those willing and able to pay the price and bear the burdens of alliance commitments, and those who enjoy the benefits of NATO membership — be they security guarantees or headquarters billets — but don’t want to share the risks and the costs. This is no longer a hypothetical worry. We are there today. And it is unacceptable.”

So if Europe wants to escalate against Russia who foots the bill?

If push comes to shove in Europe the US will be on the hook with either troops, money, or weapons…..or all three.

An unacceptable situation that will be reality for the M-IC will always gets it’s way….it is why lobbyists throw money at Congress.

Time for a re-set.  NATO should have ended wit the fall of the Soviet Union.

I Read, I Write, You Know

“lego ergo scribo”

Money Well Spent

Would you like 450,000% return on your investment?

A silly question….of course you would.

Well that is the return on the bribes the Defense industry gave to Congress and all members got their blood money.

I know….I know….I bitch a lot about the M-IC but seriously (?) this is ridiculous….

Military contractors give members of Congress millions of dollars in hopes of boosting the Pentagon budget—a practice that could have a huge payoff for the next fiscal year, according to an analysis published Thursday by the consumer advocacy group Public Citizen.

The new report reveals the industry poured about $10.2 million into 2022 campaign and political action committee (PAC) contributions for members of key committees, and contractors could see a nearly 450,000% return on that investment.

The sector gave $2,990,252 to members of the House Armed Services Committee and $7,175,092 to members of the Senate Armed Services Committee, or a total of $10,165,344 for this election cycle.

President Joe Biden requested an $813 billion Pentagon budget for fiscal year 2023. The House committee in June voted to add about $37 billion, while the Senate panel last month voted for a $45 billion increase above the White House request.

As the Public Citizen report—which relies on campaign finance data from OpenSecrets.org—explains:

Notably, the average campaign contribution from the military-industrial complex to a member of the House or Senate Armed Services Committee who voted “yes” to increase military spending for FY23 is more than triple the average campaign contribution from the military-industrial complex to those who voted “no.” Those who voted “yes” received average contributions of $151,722. Those who voted “no” received average contributions of $42,967.

The House committee’s top recipients from the past two years who recently voted to boost the Pentagon budget were Reps. Mike Rogers (R-Ala.) at $404,525; Rob Wittman (R-Va.) at $237,799; Mike Turner (R-Ohio) at $150,950; Joe Courtney (D-Conn.) at $131,000; and Elaine Luria (D-Va.) at $127,743. Rogers is the panel’s top Republican.

https://www.commondreams.org/news/2022/07/07/weapons-industrys-10-million-investment-congress-could-yield-450000-return

You still cannot see the corruption going on?

Do you still think that you have a voice in Congress?

You do if you have millions to bribe a Congressperson….if not you are just a means to an end and have little sway over the decisions these slugs have to give.

At what point do we allow this corruption to continue?

Greed and corruption are the politics of today….and the Congress cashes (no pun intended) in….and cases in massively.

Not to worry this corruption will continue and continue….and you worry about the corruption in say Russia….look a little closer to home….you will be surprised.

Turn The Page!

I Read, I Write, You Know

“lego ergo scribo”

“Waltzing Toward Armageddon”

The conflict between Ukraine and “Vlad the Invader” has prompted all sorts of prediction about the possibility of something causing an all out world war……the amount of weapons being deployed by NATO in Ukraine and the surrounding member states does not bode well for any peace any time soon.

Supposedly the Cold War ended in 1989….but the death merchants have done what many thought was a dead subject…..

The Cold War, from 1945 to 1989, was a wild Bacchanalia for arms manufacturers, the Pentagon, the CIA, the diplomats who played one country off another on the world’s chess board, and the global corporations able to loot and pillage by equating predatory capitalism with freedom. In the name of national security, the Cold Warriors, many of them self-identified liberals, demonized labor, independent media, human rights organizations, and those who opposed the permanent war economy and the militarization of American society as soft on communism.

That is why they have resurrected it.

The decision to spurn the possibility of peaceful coexistence with Russia at the end of the Cold War is one of the most egregious crimes of the late 20th century. The danger of provoking Russia was universally understood with the collapse of the Soviet Union, including by political elites as diverse as Henry Kissinger and George F. Kennan, who called the expansion of NATO into Central Europe “the most fateful error of American policy in the entire post-Cold War era.”

This provocation, a violation of a promise not to expand NATO beyond the borders of a unified Germany, has seen Poland, Hungary, the Czech Republic, Bulgaria, Estonia, Latvia, Lithuania, Romania, Slovakia, Slovenia, Albania, Croatia, Montenegro, and North Macedonia inducted into the Western military alliance. This betrayal was compounded by a decision to station NATO troops, including thousands of US troops, in Eastern Europe, another violation of an agreement made by Washington with Moscow. The Russian invasion of Ukraine, perhaps a cynical goal of the Western alliance, has now solidified an expanding and resurgent NATO and a rampant, uncontrollable militarism. The masters of war may be ecstatic, but the potential consequences, including a global conflagration, are terrifying.

Waltzing Toward Armageddon with the Merchants of Death

Some even thinking that the dreaded third world war may have just begun when “Vlad the Invader” sent his forces into Ukraine….

Lawmakers and media outlets are warning that the war in Ukraine could trigger World War III, but some say it has already started—perhaps even years ago. Among them is billionaire hedge fund manager Bill Ackman, who argued Saturday on Twitter that “WWIII has likely started already” while NATO members, fearful of Vladimir Putin, let Ukrainians do the fighting. “We are in the early innings of Putin’s global aspirations,” Ackerman added, per CNBC. “With each ‘victory,’ he is emboldened to take more. He is testing us, and we are failing the test each time.” Ackerman still sees room for stricter sanctions and tougher negotiations to work, especially if China gets involved, but “time is running short.” Among other voices:

  • Look at history: “We’re already in it,” said Russia expert Fiona Hill of World War III. She recently told Politico that “we keep thinking of World War I, World War II as these huge great big set pieces, but World War II was a consequence of World War I,” much like the Russia-Ukraine war grew out of changes in Russia in the twentieth century. “We are already in a hot war over Ukraine, which started in 2014. People shouldn’t delude themselves into thinking that we’re just on the brink of something. We’ve been well and truly in it for quite a long period of time.”America’s battle, too’: “Ukrainians are fighting for us, for the United States, for Europe, for you, for me,” writes columnist Trudy Rubin in the Philadelphia Inquirer under the headline “World War III has already started in Ukraine.” She understands NATO’s desire to avoid a hot war, but urges President Biden to consider options including a no-fly zone to protect Ukrainians from air assaults. “And—crucially—GOP leaders must finally chastise those in its ranks, including Donald Trump and Fox News’ Tucker Carlson, who praised Putin after this war began. They are enabling a war criminal, who feeds off the US political divisions they sow.”I will be very blunt’: “We do feel supported and we are grateful for all the help that we are getting,” Ukrainian parliament member Kira Rudik said Friday on MSNBC, adding that “the next step that we see is a no-fly zone over Ukraine. And I know that everybody is saying no, no, no, the Third World War will start. I will be very blunt with you: It has already started, because the attack on a nuclear plant … affects everybody.” Disaster at the Zaporizhzhya facility was narrowly averted, but Rudik noted that “radiation doesn’t really care what passport you’re holding.”
  • Article Five: Analysts warn that fighting in Ukraine could easily spark a wider war. “A dangerous and tragic case would be if Russian forces were to inadvertently, and I want to emphasize inadvertently, launch a missile that landed in a bordering NATO country, such as Poland,” Glennys Young, Russian expert and chair of the University of Washington history department, told Fortune. “If this were perceived by NATO commanders as an attack, and hopefully it wouldn’t, this would trigger the provisions of the NATO alliance’s Article Five.”

Dire predictions…..as an antiwar supporter I see all the weapons being spread around the region like peanut butter reminds me of the days before the beginning of WW1.

But that is just me.

Any thoughts on what will transpire over this invasion?

Before you answer you might want to check out a little history of US foreign policy…..it has, from the beginning, an aggressive policy…..

Note that by beginning our examination in the late nineteenth century, from the outset we pass over the aggressive and violent expansion of the territorial bounds of the United States up to the dawn of the twentieth century, when the size of the United States increased almost twelvefold. During that early period, besides the American Revolution, the War of 1812, the Barbary Wars, and the Mexican-American War, the US fought no less than four dozen wars against the various Amerindian tribes and confederations that had previously held sway over the vast bounds of the western North American continent. So, too, we pass over its involvement in East Asia, in the Opium Wars, and in Korea and Japan—which it forced open at gunpoint in 1853. But the plain fact is, from its inception to the “closing of the frontier” in 1890, the US was engaged in armed conflicts of one kind or another with its various neighbors for almost 80 percent of its existence.

But by 1890, having officially declared complete its self-appointed manifest destiny, to expand the United States from Atlantic to Pacific, its gaze quickly turned abroad. The transformation of the relationship of the states to the federal government during the Civil War, as well as rapid industrialization and the spread of telegraph and railroad lines, meant the US was increasingly capable of projecting concentrated force abroad. Its interactions with other major powers over the following decade illustrate plainly one of the foundational realist principles of international relations: as its relative power increased, so too did the US’s demands for deference in its immediate vicinity. Indeed, as soon as it had achieved the requisite levels of internal cohesion and industrial might, the US set about enforcing its hitherto nominal regional hegemony.

https://mises.org/wire/us-foreign-policy-has-always-been-aggressive

Now you are armed with some thoughts on the current conflict…..so whatcha think?

Watch This Blog!

I Read, I Write, You Know

“lego ergo scribo”

Defense Firms Whine

The purveyors of destruction are whining about the possibility they will be paying their taxes….

Defense companies are warning investors they could owe billions of dollars in additional taxes this April unless Congress repeals or defers a law that would tax research and development expenses.

Some say it will discourage American companies from making research-and-development investments at a time when the U.S. is increasingly competing with China both militarily and commercially.

“We firmly believe, and everybody we talk to in Washington understands, it is bad public policy,” Raytheon Technologies CEO Greg Hayes said Wednesday at a Barclays investment conference. “It discourages investment in innovation.”

Companies have been able to write off R&D expenses since 1954, but the 2017 Tax Cuts and Jobs Act requires companies to begin claiming R&D expenses on their taxes. The annual claims must be spread over a five-year period beginning in 2021. 

“The requirement for companies to capitalize and amortize R&D expenses amounts to a significant tax increase, which will negatively impact innovation,” the National Defense Industrial Association, a trade group that represents more than 1,500 large and small firms, said in a recent assessment of the defense industry.

https://www.nextgov.com/cio-briefing/2022/02/defense-firms-brace-billions-dollars-new-taxes-and-hope-congressional-relief/362494/

Seriously?

Since 9/11 the defense industry has generated $7.35 trillion in revenue.

Gone are the days when most of the defense budget was spent directly on soldiers. Since 9/11, war has become “modernized” — which means it’s fought with extremely expensive weapons bought from highly profitable private-sector companies.

Then there are those attractive packages for the industry’s CEOs…..

A Project On Government Oversight analysis of executive compensation at the top five Pentagon contractorsLockheed Martin, Boeing, General Dynamics, Northrop Grumman, and Raytheon – found that the average compensation package of a CEO at one of these firms was approximately $21.5 million last year, according to the firms’ Securities and Exchange Commission filings. Total compensation is the sum of base salary, bonuses, stock awards, option awards, incentive compensation, deferred compensation (including changes in pension value), and all other compensation.

Sorry for the wandering diatribe but my point is that the taxpayer is basically subsidizing these packages…..

A Project On Government Oversight analysis of executive compensation at the top five Pentagon contractorsLockheed Martin, Boeing, General Dynamics, Northrop Grumman, and Raytheon – found that the average compensation package of a CEO at one of these firms was approximately $21.5 million last year, according to the firms’ Securities and Exchange Commission filings. Total compensation is the sum of base salary, bonuses, stock awards, option awards, incentive compensation, deferred compensation (including changes in pension value), and all other compensation.

Publicly held U.S. corporations, ranked by DoD contracts CEO pay, 2020 Pentagon contracts, 2020
LOCKHEED MARTIN $23,360,369 $75,212,351,608
RAYTHEON TECHNOLOGIES $19,407,572 $27,405,894,269
GENERAL DYNAMICS $19,328,499 $21,842,409,577
BOEING $21,074,052 $21,737,405,195
NORTHROP GRUMMAN $20,807,144 $12,334,259,578
HUNTINGTON INGALLS INDUSTRIES $6,440,417 $7,786,450,023
HUMANA $16,489,639 $6,922,421,962
L3HARRIS TECHNOLOGIES $15,452,653 $6,165,347,736
GENERAL ELECTRIC $73,192,032 $4,408,978,372
LEIDOS HOLDINGS $12,319,624 $3,127,617,234
CENTENE $24,956,777 $3,108,731,869
MCKESSON $15,435,470 $2,847,873,788
OSHKOSH $8,106,122 $2,497,907,347
SAIC $6,936,702 $2,379,197,494
FLUOR $11,236,632 $2,320,386,199
BOOZ ALLEN HAMILTON $8,095,433 $2,308,782,906
AMERISOURCEBERGEN $14,295,140 $2,143,834,610
AECOM $9,320,888 $1,971,579,509
TEXTRON $17,770,781 $1,964,808,269
KBR $9,864,381 $1,963,741,418
TOTAL $353,890,327 $210,449,978,961
AVERAGE

My point is if they can find the cash to pay these CEOs millions then they can find the  cash to pay their damn taxes….I have to then they should also.

CEO pay is obscene…..Taxpayers should not have to subsidize sky-high compensation levels for military contractor CEOs that perpetuate the profit motive for war.

When will enough be enough?

I Read, I Write, You Know

“lego ergo scribo”

Closing Thought–14Sep21

Now that the US has pulled out of Afghanistan…there should be funds that will not be needed to prolong that war any further ….if you thought that then you would be mistaken…..

House Armed Services Committee voted to increase President Biden’s military budget for 2022 by almost $24 billion.

The effort was led by Republicans who don’t think Biden’s $753 billion request is enough to face China and Russia. The panel passed the $23.9 billion increase in a vote of 42 to 17, with 14 Democrats voting in favor.

In July, the Senate Armed Services Committee passed a similar increase of $25 billion that also had bipartisan support. The budget will ultimately be decided by appropriations bills, but the fact that both House and Senate panels passed such measures means the increase has a good chance of passing.

Biden’s $753 billion budget request breaks down into two categories: $715 billion for the Pentagon and $38 billion for military-related spending for other agencies, such as the Energy Department’s nuclear weapons programs. The panel’s increase would apply to the Pentagon’s share, bringing its total budget to about $740 billion and overall military spending to a whopping $778 billion.

(antiwar.com)

Regardless the defense industry will get their pound of taxpayer flesh….

A look at how this worked in Afghanistan….

Weapons firms and defense contractors consume over half of the Pentagon’s $740 billion budget and the end of the 20-year war in Afghanistan poses a threat for their share-holders and executives. 

That concern was laid bare in a new investigative report by In These Times’ Sarah Lazare on CACI International, a Pentagon contractor currently two years into a five-year $907 million contract to provide “intelligence operations and analytics support” for the U.S. Army in Afghanistan. CACI’s CEO warned investors in an August 12 earnings call, “we have about a 2 percent headwind coming into FY 2022 because of Afghanistan,” referring to a negative impact on profits from the withdrawal.

Lazare points out that CACI is a corporate sponsor of the Institute for Study of War, a hawkish think tank whose experts argued in an August 20 paper that “Russia, China, Iran, and Turkey are weighing how to take advantage of the United States’ hurried withdrawal.” ISW’s board chair, Jack Keane, a former General Dynamics board member and current chairman of Humvee manufacturer AM General, has been making the rounds of Fox News shows, blasting the Biden administration’s decision to withdraw from Afghanistan.

ISW has not disclosed the financial conflict of interest between its criticisms of Biden’s withdrawal and its corporate sponsor’s financial ties to the U.S. troop presence in Afghanistan.  Fox News does not disclose Keane’s role as chairman of a Pentagon contractor or ISW’s funding from defense contractors including CACI and General Dynamics.

How the defense industry helped prolong the war in Afghanistan

As Yogi once said…”It ain’t over ’til it’s over”

New enemies will magical appear and the funds will follow the BS.

We cannot depend on Dems for sanity in defense spending for they are owned as much as the GOP by defense industry….

By a 42-17 vote on Wednesday, 14 Democrats joined with Republicans on the House Armed Services Committee to add nearly $25 billion to the 2022 defense budget, Politico’s Connor O’Brien reported. That brings the total in Pentagon spending to $740 billion, up from the $715 billion that had been requested by the White House.

For 20 years this country pissed away trillions on war….

Brown University’s Costs of War Project released a new report Monday detailing post-9/11 spending by the Pentagon. The study found that of the over $14 trillion spent by the Pentagon since the start of the war in Afghanistan, one-third to one-half went to private military contractors.

The report, authored by William Hartung of the Center for International Policy, said $4.4 trillion of the total spending went towards weapons procurement and research and development, a category that directly benefits corporate military contractors. Private contractors are also paid through other funds, like operations and maintenance, but those numbers are harder to determine.

Out of the $4.4 trillion, the top five US weapons makers — Lockheed Martin, Boeing, General Dynamics, Raytheon, and Northrop Grumman — received $2.2 trillion, almost half. To put these huge numbers into perspective, the report pointed out that in the 2020 fiscal year, Lockheed Martin received $75 billion in Pentagon contracts, compared to the combined $44 billion budget for the State Department and USAID that same year.

Pentagon Paid the Arms Industry at Least $4.4 Trillion Since 9/11

They, Dems, can cooperate with the GOP on war but not on the needs of the people of this country.

Can you now see why I have no use for Dems….they are worthless and gutless.

I still hold that we need new thinking in our foreign policy apparatus.

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I Read, I Write, You Know

“lego ergo scribo”