11 posts tagged with military and spending.
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Deal of the Century

How two American kids became big-time weapons traders - "Working with nothing but an Internet connection, a couple of cellphones and a steady supply of weed, the two friends — one with a few college credits, the other a high school dropout — had beaten out Fortune 500 giants like General Dynamics to score the huge arms contract. With a single deal, two stoners from Miami Beach had turned themselves into the least likely merchants of death in history." (via; previously on arms contractors)
posted by kliuless on Mar 21, 2011 - 69 comments

Defense firms lure retired generals

From the Pentagon to the private sector - In large numbers, and with few rules, retiring generals are taking lucrative defense-firm jobs [more inside]
posted by kliuless on Jan 10, 2011 - 56 comments

US Military Cuts And A Step Towards Equality

Yesterday, US President Obama signed a $680bn military policy bill, which cuts military spending, including $2bn in funding for new F-22 fighter jets. However, the bill also contained the first major piece of federal gay rights legislation, and fulfilled an Obama campaign promise: acts of violence against gay, lesbian, bisexual and transgender people have now been added to the list of federal hate crimes.
posted by zarq on Oct 29, 2009 - 219 comments

"Of 10 governments worldwide implicated in the recruitment or use of children as soldiers, nine receive US military assistance."

"Of 10 governments worldwide implicated in the recruitment or use of children as soldiers, nine receive US military assistance."
posted by chunking express on Apr 27, 2007 - 24 comments

Global Military Spending Tops $1T

Donald Rumsfeld recently aimed critisicm at China's military spending. “Since no nation threatens China, one must wonder: Why this growing investment? Why these continuing large and expanding arms purchases?” A question he may well ask of himself. According to a report recently released by the Stockholm International Peace Research Institute (in our fair city) Global Military Spending topped $1Trillion in 2004. The United States accounted for 47 percent of all military expenditures, while Britain and France each made up 5 percent of the total. In all, 15 countries accounted for 82 percent of the world's total military spending. The BBC reported last month that Chinese military spending increased by 12% in 2004 to $25Bn - or one twentieth of what the US spends.
posted by three blind mice on Jun 7, 2005 - 45 comments

Krugman on Iraq

Krugman on Iraq "The direct military cost of the occupation is $4 billion a month, and there's no end in sight. But that's only part of the bill. This week Paul Bremer suddenly admitted that Iraq would need "several tens of billions" in aid next year. That remark was probably aimed not at the public but at his masters in Washington; he apparently needed to get their attention."
posted by skallas on Aug 30, 2003 - 41 comments

military pay raises

"Hang in there, help is on the way."

The director of the White House Office of Management and Budget, Mitchell E. Daniels Jr., recently asked the Defense Department to lower the 2004 pay raise from its expected 3.7 percent to 2 percent. Daniels also wants future raises tied to inflation, rather than basing boosts on what civilians doing comparable jobs in the private sector might make.

Many of our military families already qualify for welfare and food stamps. Pay raises are out of the question when there's NMD and tax cuts to the wealthy needing funding.
posted by nofundy on Dec 23, 2002 - 7 comments

"All this costs money. It costs more than we have."

"All this costs money. It costs more than we have." One year ago today, U.S. Defense Secretary Donald Rumsfeld warned of a "subtle and implacable" adversary whose "brutal consistency...stifles free thought...and places the lives of men and women in uniform at risk." It wasn't freedom's obvious foes; he was referring to waste in the Pentagon. The DOD uses so many different financial systems and interfaces it won't have auditable books for another five to 10 years. It still manually enters purchases made with electronic purchase cards. It fires whistleblowers who call attention to shady missile defense deals. And every year, it completely loses track of a quarter of the world's biggest military budget.
posted by mediareport on Sep 10, 2002 - 7 comments

The U.S. Army pays for lapdances.

The U.S. Army pays for lapdances. "In addition to the inappropriate purchases, the GAO said more than 1,200 Army employees wrote bad checks to pay their government credit card bills. Last year alone, that cost taxpayers $3.8 million in higher fees and lost rebates." You mean, the government practices bad accounting? Ron Paul points out that the Congress commits the worst accounting fraud of all. But the most important issue of all is, with the government paying for Strip Club tips, gambling, and wine, does this mean that God will no longer bless America?
posted by insomnyuk on Jul 18, 2002 - 18 comments

Percent of World Military Spending.

Percent of World Military Spending. The US and its allies dwarf the rest of the world in what it spends on defense. On the one hand I see the need to bring overwhelming force in a conflict and I think just having it is in itself stabilizing. But I can also see money and resources put to better use elsewhere (e.g. healthcare, education, basic research) the effects of which I think might even do more to affect global peace and prosperity than any loss that may obtain from a reduced defense budget. (other Thoughts of the Fortnight by J. Bradford DeLong including this draft he presented with Larry Summers! at the Fed symposium in Jackson Hole :)
posted by kliuless on Sep 1, 2001 - 36 comments

Pentagon fraud

Pentagon fraud $9,000,000,000. I hope this is a misprint. More inside.
posted by rdr on Jul 27, 2001 - 35 comments

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