DefDog: Saudi Defense Purchases. Obama Scam + RECAP

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DefDog

The following is a translation of “buying votes”……Not sure how this will sustain our national defense either……or how much of the money we borrowed and then granted to them in foreign military assistance!

Analysis: U.S. fighter sales soar in time for campaign

(Reuters) – Booming Middle East purchases of U.S. fighter jets will be a bright spot in what is expected to be a sluggish economy in 2012, possibly paying dividends for President Barack Obama’s bid for a second term.

Beneficiaries include Lockheed Martin Corp and Boeing Co, whose respective F-16 and F-15 production lines are being extended by U.S. government sales to Iraq, Saudi Arabia and Oman, among other rich arms deals announced in recent weeks.

Read rest of article.

Phi Beta Iota:  The only beneficiaries here are Lockheed Martin and Boeing executives and Class A stock-holders.  Everyone else gets screwed.  In addition, the jobs never materialize–this is a scam.

See Especially:

DefDog: Defense Contractors Start the Big Lie Again–Jobs PLUS Winslow Wheeler Defense Budget Facts RECAP

Winslow Wheeler: DoD Spending is a Jobs NEGATIVE

And Also:

1961-2011: 50 Years of The Military-Industrial Complex

Chuck Spinney: Economic Costs of Warmongering

Chuck Spinney: Pentagon Underfunded? Integrity Lacking…

Fareed Zakaria: Why Defense Should be Cut BIG

John Robb: Economic Reality & Political Treason

Journal: What’s Wrong with American defense….

Marcus Aurelius: SecDef to McCain on Sequester + RECAP on DoD Fraud, Waste, & Abuse

Marcus Aurelius: US at Permanent “War” + War RECAP

Review: Top Secret America – The Rise of the New American Security State

Richard Wright: DoD Drowning, Leaders Can’t Swim

Susan Lindauer: IRAQ – The Legacy of Deception and Its Costs

Winslow Wheeler: Elitist Corruption on the Defense Budget

Winslow Wheeler: Leon Panetta & F-35 in a Nose Dive

Winslow Wheeler: Military Spending versus Competence

Women of Washington–The Lunacy Continues