http://fortune.com/2014/09/13/defense-industry-winner-against-isis/ The war on ISIS already has a winner: The defense industry ... Makers of munitions and unmanned aircraft top the list of private-sector beneficiaries. American military operations targeting ISIS have cost some $600 million since mid-June, with the U.S. now spending more than $7.5 million a day on the conflict by the Pentagons own accounting. Zakheim estimates that this figure could conceivably double as the operations intensify and the theater widens to Syria, with a significant chunk of the expenditures going to munitions. The total price tag for the open-ended conflict, expected to be measured in years rather than months, is anybodys guess. In the immediate term, however, the White House is pressing Congress to approve $500 million to fund the training and equipping of pro-Western rebel groups in Syria. That alone could mean extra work for a wide array of prime defense contractors, according to Gursky. In the longer run, one defense appropriations lobbyist predictsa hopeful note in his voice: were going to have to bust through the budget caps imposed on the military by the sequester cuts. We cant fight this on the cheap, he says. That should mean widely shared benefits for an industry that operates on a co-opetition model, in which most big systems include components from several manufacturersamidst a demand furnished by a rising tide of unrest around the world. ----- I have always said, take all the profit out of war and we shall have peace. What's the solution? Impose a 100% excess profits tax as that will end the profit motive of the military industrial complex.
Ever hear of "THE SMEDLEY BUTLER SOCIETY" ? http://warisaracket.org/ The thought has been around for a VERY long time.
Yes, I read that a long time ago and agree 100%. But where are all the forum conservatives who hate government waste? These people who used to call themselves the moral vanguard of society, the righteous and holy guarantors of all that is good and wholesome. Where is there objection to the blood money being made at taxpayer expense??? Why the silence from the forum right wingers? Are they too afraid to confront the TRUTH???
