Obama Far Outdoes Bush in Escalating War -- The Numbers Will Surprise You
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And much like the staggering giveaway to the economic elite in the Wall Street banker bailout, no one is really sure where a significant percentage of this money is actually going. On September 10, 2001, Donald Rumsfeld announced that $2.3 trillion in military spending was unaccounted for. As CBS News reported: “$2.3 trillion - that’s $8,000 for every man, woman and child in America."
At that time, Pentagon auditors admitted that they couldn’t account for a staggering 25% of all military spending. And the budget has exploded since then, with fewer people accounting for where this money is going.
Once again, just like the $23.7 trillion that went into propping up the Wall Street elite - which totals $80,000 for every American - you have trillions more in taxpayer money vanishing and very few regulating and accounting for it.
Other than this staggering loss of taxpayer money, any serious economist will tell you “that military spending increases unemployment and decreases economic growth."
Economists Joseph E. Stiglitz and Linda J. Bilmes, in their book “The Three Trillion Dollar War," report that military spending on the war in Iraq has created over a trillion dollars in loses to the US economy.
On top of all the looting of taxpayer money that is occurring, “several powerful House committee chairmen have proposed a surtax on Americans to pay the future military costs."
With the country already operating at a record $12 trillion deficit, members of congress don’t know how we can afford increasing an already huge war expenditure.
In this struggling economy, weapon sales have become one of America’s most booming businesses. US weapon sales have hit a record level under the Obama administration. Foreign Policy In Focus reports:
“In fiscal year 2008, the foreign military sales program sold $36 billion in weapons and defense articles, an increase of more than 50% over 2007. Sales for the first half of 2009 reached $27 billion, and could top out at $40 billion by the end of the year. In contrast, through the early 2000s, arms sales averaged between $8-13 billion per year….
But last year, the United States sold arms or military services to well over 100 nations….
… the majority of U.S. arms sales to the developing world went to countries that our own State Department defined as undemocratic regimes and/or major human rights abusers. And over two-thirds of the world’s active conflicts involved weapons that had been supplied by the United States."
Selling all these weapons, especially during the biggest global financial crisis, will lead to one thing… terrorism.
Given these statistics, it shouldn’t be a surprise to hear how US taxpayer dollars are still funding the Taliban. Prior to the 9/11 attacks, the Taliban government was funded by the US taxpayer. In fact, the Taliban still receives a significant portion of their funding courtesy of the US taxpayer. As The Nation recently reported: “It is an accepted fact of the military logistics operation in Afghanistan that the US government funds the very forces American troops are fighting. And it is a deadly irony, because these funds add up to a huge amount of money for the Taliban. "It’s a big part of their income,’ one of the top Afghan government security officials told The Nation in an interview. In fact, US military officials in Kabul estimate that a minimum of 10 percent of the Pentagon’s logistics contracts–hundreds of millions of dollars–consists of payments to insurgents."
As former CIA Station Chief John Stockwell explained: “Enemies are necessary for the wheels of the US military machine to turn."