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.
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:
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