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In reply to the discussion: Know your BFEE: WikiLeaks Stratfor Dump Exposes Continued Secret Government Warmongering [View all]lonestarnot
(77,097 posts)4. Remember these bastards?
http://www.alternet.org/world/89432/
The Five Secret Billion-Dollar Companies Sucking Obscene Amounts of Taxpayer Money
Meet the mystery defense contractors that are raking in billions in taxpayer dollars without notice.
June 26, 2008 | World headlines via email.
At $34 billion, you're already counting pretty high. After all, that's Harvard's endowment; it's the amount of damage the triple hurricanes -- Charley, Ivan, and Jeanne -- inflicted in 2004; it's what car crashes involving 15-to-17-year-old teenage drivers mean yearly in "medical expenses, lost work, property damage, quality of life loss and other related costs"; it's the loans the nation's largest, crippled, home lender, Countrywide Financial, holds for home-equity lines of credit and second liens; it's Citigroup's recent write-off, mainly for subprime exposure; it's what New Jersey's tourism industry is worth -- and, according to the Center for Strategic and Budgetary Assessments, it's the minimal figure for the Pentagon's "black budget" for fiscal year 2009 -- money for, among other things, "classified weapons purchases and development," money for which the Pentagon will remain unaccountable because almost no Americans will have any way of knowing what it's being spent for.
Now, imagine that, due to a little more Pentagon/Bush administration wizardry, even this black budget estimate is undoubtedly a low-ball figure. One reason is simple enough: The proposed $541 billion Pentagon 2009 budget doesn't even include money for actual wars. George W. Bush's wars are all paid for by "supplemental" bills like the $162 billion one Congress will soon pass -- so the Department of Defense's $34 billion black budget skips "war-related funding." This means that even the overall figure for that budget remains darker than we might imagine (as in "black hole" . The Pentagon not only produces stealth planes, it is, in budgetary terms, a stealth operation. If honestly accounted, the actual Pentagon yearly budget, including all the "military-related" funds salted away elsewhere, is probably now more than $1 trillion a year.
There is, however, another stealth side to the Pentagon -- the corporate side where a range of giant companies you've never heard of are gobbling up our tax dollars at phenomenal rates. Nick Turse, author of the single best account of how our lives are being militarized, our civilian economy Pentagonized, and the Pentagon privatized -- I'm talking about The Complex: How the Military Invades Our Everyday Lives -- now turns to the stealth corporate side of the Pentagon to give us a glimpse into the larger black hole into which our dollars pour.
The Five Secret Billion-Dollar Companies Sucking Obscene Amounts of Taxpayer Money
Meet the mystery defense contractors that are raking in billions in taxpayer dollars without notice.
June 26, 2008 | World headlines via email.
At $34 billion, you're already counting pretty high. After all, that's Harvard's endowment; it's the amount of damage the triple hurricanes -- Charley, Ivan, and Jeanne -- inflicted in 2004; it's what car crashes involving 15-to-17-year-old teenage drivers mean yearly in "medical expenses, lost work, property damage, quality of life loss and other related costs"; it's the loans the nation's largest, crippled, home lender, Countrywide Financial, holds for home-equity lines of credit and second liens; it's Citigroup's recent write-off, mainly for subprime exposure; it's what New Jersey's tourism industry is worth -- and, according to the Center for Strategic and Budgetary Assessments, it's the minimal figure for the Pentagon's "black budget" for fiscal year 2009 -- money for, among other things, "classified weapons purchases and development," money for which the Pentagon will remain unaccountable because almost no Americans will have any way of knowing what it's being spent for.
Now, imagine that, due to a little more Pentagon/Bush administration wizardry, even this black budget estimate is undoubtedly a low-ball figure. One reason is simple enough: The proposed $541 billion Pentagon 2009 budget doesn't even include money for actual wars. George W. Bush's wars are all paid for by "supplemental" bills like the $162 billion one Congress will soon pass -- so the Department of Defense's $34 billion black budget skips "war-related funding." This means that even the overall figure for that budget remains darker than we might imagine (as in "black hole" . The Pentagon not only produces stealth planes, it is, in budgetary terms, a stealth operation. If honestly accounted, the actual Pentagon yearly budget, including all the "military-related" funds salted away elsewhere, is probably now more than $1 trillion a year.
There is, however, another stealth side to the Pentagon -- the corporate side where a range of giant companies you've never heard of are gobbling up our tax dollars at phenomenal rates. Nick Turse, author of the single best account of how our lives are being militarized, our civilian economy Pentagonized, and the Pentagon privatized -- I'm talking about The Complex: How the Military Invades Our Everyday Lives -- now turns to the stealth corporate side of the Pentagon to give us a glimpse into the larger black hole into which our dollars pour.
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Know your BFEE: WikiLeaks Stratfor Dump Exposes Continued Secret Government Warmongering [View all]
Octafish
Feb 2012
OP
This information makes live tours of an 19th-century sausage factory seem fit for pre-schoolers.
Octafish
Mar 2012
#6
While most everyone I know doesn't mind paying taxes to make the USA a better place...
Octafish
Mar 2012
#11