The Trillion-Dollar Military Still Isn’t Enough for the War Party
Spending targets and totals are simply numbers plucked out of the air by central planners with the help of lobbyists from organizations that benefit from the largesse
Tag: Military-Industrial Complex
Debate Growing Over Whether Military Should Lower Enlistment Age to 16
Military-industry complex seeking new ways to grow ranks
Exporting Death: When It Comes to Arming the Planet, America Is Unrivaled
‘The United States is driving the global surge in militarization, as the number one arms exporter over the past five years—during which it shipped deadly weapons to at least 96 countries—according to a disturbing new report by the Stockholm International Peace Research Institute (SIPRI). From 2011 to 2015, the U.S. oversaw the dramatic rise in […]
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US dominates global weapons sale amid increasing sales
‘The United States has expanded its weapons business, increasing its global arms sales amid rising imports by Africa, Asia and the Middle East. According to a new study published Monday by the Stockholm International Peace Research Institute (SIPRI), the volume of international transfers of major weapons, including sales and donations, was 14 percent higher in […]
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The US in 2016: No Money for Social Programs, Cash to Burn for the Military
‘The US Navy’s “goals and objectives” outline for 2016, released last week, does not mince words: the first goal listed in the second subhead reads: “Buy more ships.” And that is exactly what the world’s most powerful navy is doing. On Wednesday, the Defense Department announced it was moving forward with plans to replace its […]
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Boeing to shower shareholders with cash
‘US aerospace giant Boeing has announced a $14 billion share buyback and 20 percent increase in its regular quarterly dividend starting 2016 to $1.09 per share. Boeing said the new buyback plan will replace the $12 billion plan that was previously in place of which $5.25 billion remained. “Once again, we are demonstrating our commitment […]
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Japan cabinet approves largest defense budget
‘The Japanese cabinet has approved the largest ever annual defense budget for Japan, moving one step farther from the country’s post-World War II pacifist image. The 5.05 trillion yen (USD 41.8 billion) in military spending for the next fiscal year beginning in April was approved by the Japanese cabinet on Thursday. The huge defense budget […]
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America’s Permanent War State: Money is Raining Down on the US Military Complex
‘The funding to continue the war against ISIL is an authorization of force against ISIL, albeit a quiet one, designed not to attract public attention. Jack Goldsmith, Lawfare, Dec 17, 2015 Money is raining down on the US military complex in the $1.15 trillion spending bill that was unveiled on Wednesday by various leaders of […]
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Clinton Tops List of Arms Company Donations
‘U.S. presidential candidate Hillary Clinton was also a favorite of the arms producing giants during her 2006 senate campaign. Hillary Clinton has received more money from arms and military service companies than any other candidate during the 2016 presidential campaign, data from Open Secrets shows. All but one of the world’s 10 biggest arms producers […]
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‘Thriving off conflict’: UK is world’s second largest arms seller
‘Britain continues to sell arms to countries that commit human rights abuses and is now ranked second in the world for weapons sales, a report shows. The Stockholm International Peace Research Institute (SIPRI) found the UK was second only to the United States in selling weapons in 2014. Britain’s biggest arms company, BAE Systems, is […]
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Elon Musk Forms New AI Company To Save Robotics From The Military Industrial Complex
‘This week, inventor and entrepreneur Elon Musk announced the formation of OpenAI, which he promises will be “a non-profit artificial intelligence research company,” with the goal to “advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.” In a press release […]
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Cuts to social services to pay for £12 billion windfall to arms companies
‘Cash-strapped Britain has announced a £12 billion increase in the country’s war chest, including 8 BAE warships, 9 Boeing maritime patrol crafts, surveillance drones and Lockheed Martin jets. Similarly, the cost for replacing the Trident nuclear programme is spiralling out of control, with another £6 billion added to the budget, bringing the cost to £31 […]
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Military Industrial Complex Stocks Soaring Since Paris Attacks
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Heads roll at Lockheed Martin over troubled F-35 program
‘Problems with the most expensive weapons project in Pentagon history, the $400 billion and counting F-35 jet have forced a reshuffle at Lockheed Martin. The US aircraft designer named Jeff Babione the new executive vice president and general manager of the F-35 Program, succeeding Lorraine Martin. “Jeff is a seasoned leader who is uniquely qualified […]
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