Journal: The Looting of America Continues…

The MICC Moves to Hose the Taxpayer One More Time Eisenhower’s Nightmare Arrives By FRANKLIN C. SPINNEY In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist. Dwight D. Eisenhower,  …

Journal: MILNET Selected Headlines 28 Jan 10

Capabilities Of U.S. Intelligence Agencies Questioned Congressional critics have singled out the Office of the Director of National Intelligence (DNI) and the National Counterterrorism Center (NCTC), established as part of a sweeping intelligence overhaul after the September 11 attacks. “I do not (have), nor do I believe the DNI as currently constructed has, all of …

Journal: Endless Money for War, No Checks & Balances

It is becoming increasingly clear that 1981 was a watershed year in the history of the American political economy. What checks and balances that remained broke down. Deregulation, for example, took off and the bomb of private debt exploded (recall the chart I circulated earlier). The trade deficit skyrocketed after 1981, and deindustrialization, which started …