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Posts Tagged ‘General Dynamics’

The military-industry complex is not the biggest government welfare program of all time. It might be second, and like the biggest welfare program, the military-industrial complex is welfare for the rich, the 1 percent. Such corporations as General Dynamics and Lockheed Martin rely heavily on government spending to keep their profits soaring, their dividends rising and their share prices climbing. The 1 percent owns most of their shares.

That’s why the United States has a bloated military that is greater in size than the next nine largest military’s in the world combined, although some analysts suggest the US spends more on its military than the rest of the world combined. That’s likely.

At the peak of the US conquest of Iraq, the US had somewhere in the vicinity of 150,000 mercenaries earning over a $100,000 each. The government called these mercenaries “contractors,” as if they had been contracted to erect buildings. No, these were just mercenaries that had signed contracts to be US mercenaries. If you count these folks, it is likely the US spends more on its military than all other nations in the world.

Income redistribution from the 99 to the 1 percent. That’s what military spending is all about. Tax money, the blood of working Americans, government lies, they’re all redistributed to the rich.

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As the chart below shows, the military budget accounts for 58 percent of US discretionary spending. The US military spends more on its military than the next 9 largest military budgets in the world–combined. That’s the low ball estimate. The high ball estimate is that the US military budget is larger than the rest of the world combined. So what’s the big threat the US can’t handle if we slice the military budget in half so that we’re only bigger than the next 4 largest military’s combined? I know there is some idiot who thinks the US needs such a large military because the US is such a punk ass nation that Guatemala might invade and take over Texas, or that Syria might pay US Air to fly 20,000 soldiers into the US as a means of invasion. But they’d be wrong.

The big threat about lower military spending is that it could send Wall Street into a tailspin because it would lower bloated military profits.

Wall Street and the 1 percent love more and more military spending. President Obama with his ties to General Dynamics and other military dependent manufacturers loves military spending. That’s why the US has such a bloated military. The fat military budget; it’s not to protect US citizens. It’s to redistribute tax dollars to the rich.

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How do you like to spend your money? Did you pay to see the movie Spider Man at Regal Cinemas? Or any other movies? Then you paid for a right-wing attack ad. Have you paid to stay at the Marriott Hotel? Then you paid for a right wing attack ad. More to the point, you paid to defend or elect politicians who want to redistribute your income to the rich via free trade treaties, deregulation, as well as via profitable and permanent wars. The latter is another way they use government as an appendage to their profit making schemes; never ending wars redistribute our money and lives as they suck us financially dry and also use the 99 percent as high profit margin cannon fodder.

In other words, the owners of these businesses want to destroy the American dream for the 99 percent by redistributing it to the 1 percent. That’s because the only thing stopping the Ponzi scheme known as Wall Street from collapsing is to keep corporate profits moving upward. They do this by using government legislation to suck the 99 percent dry, like any good parasite. Ergo, right-wing attack ads further this agenda.

There are plenty of Democratic Party business supporters that want the same things, but I don’t have the list, and this story isn’t about them, anyway. General Dynamics, for example, a maker of stuff for fighting profitable wars, is a primary supporter of President Obama.

Click the link below for a list of consumer companies that support the right-wing corporate takeover of your government and supreme court, which by the way, has already been done. Only they want complete control.

Think Progress–A Guide to Consumer Brands Helping Bankroll Right-Wing Attack Ads

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“Americans who went to the polls in 2008 believing that a vote for Barack Obama was a vote for peace, now face the prospect of a presidential election in which both major party candidates will be openly wedded to endless war, cold-blooded “targeted killings,” record military budgets, and the systematic violation of U.S. and international law…

…From his first interview with Lester Crown in Newton Minow’s office in 1989 and throughout their 20-year relationship, Obama had to establish his credentials as a true believer in the ideology of American economic and military power. The backing of the Crown family then became an important and recognized signal to other military-industrial power brokers that Obama had passed scrutiny and could be relied on to serve their interests as president.”

What do you call a rich person that relies on the government for profit?

Answer: A welfare Queen

Click on the story below.

The Crown family: investing in weapons, war …and Obama

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