Is the Military Industrial Complex Bankrupting America?

Right now, the U.S. government is operating in the negative on every front: it’s spending far more than what it makes (and takes from the American taxpayers) and it is borrowing heavily (from foreign governments and Social Security)  to keep the government operating and keep funding its endless wars abroad. This is how military empires fall and fail: by spreading themselves too thin and spending themselves to death. It happened in Rome. It’s happening again.

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Show Notes

“Why throw money at defense when everything is falling down around us?” Los Angeles Times

“America is Bankrupt and Republicans Couldn’t Care Less,” American Conservative

 “White House Proposes $4.4 Trillion Budget That Adds $7 Trillion to Deficits,” The New York Times

 “Trump budget asks more than $200 billion for infrastructure, border security: budget director,” Reuters

 “Trump's SOTU: An Even Bigger Budget Deficit And National Debt Are On The Way,” Forbes

“What's the difference between the U.S. deficit and the national debt?” How Stuff Works

“Who Owns the U.S. National Debt?” The Balance

“Fighting Terrorism With a Credit Card,” The Atlantic

“Empire Falls,” Vanity Fair

“Trump Offers Spending Blueprint, But Congress Already Wrote The Check,” NPR

Preamble to the Constitution

“Trump won’t even try to balance the budget anymore — thereby breaking oodles of campaign promises,” The Washington Post

“Fighting Terrorism With a Credit Card,” The Atlantic

“Wars Cost $15 Billion a Month, GOP Senator Says,” The Washington Post

“The US Has Military Bases in 80 Countries. All of Them Must Close,” The Nation

“13 Facts About Military Spending That Will Make Your Head Explode,” Business Insider

“Defence spending: the world's biggest armies in stats,” The Telegraph

“Cost of National Security,” National Priorities Project

“American Taxpayers Must Be Told The Real Cost Of War,” Forbes

“Massive Pentagon agency lost track of hundreds of millions of dollars,” Politico

“It costs $2.1 million per year for each soldier deployed in Afghanistan: Report,” Yahoo!

“World's largest defense budgets,” Wikipedia

“World's largest arms exporters,” Wikipedia

“Among The Costs Of War: Billions A Year In A.C.?” All Things Considered, NPR

“US spends £12.5 billion a year on air con in Iraq and Afghanistan,” The Telegraph

“What Would You Do With an Extra $70 Billion?,” New York Times

“Leaked Audit: Boeing Overcharged Army Up to 177,000 Percent on Helicopter Spare Parts,” Project on Government Oversight

“Boeing Overcharges Taxpayers By Up To 177,000 Percent For Army Helicopter Parts,” ThinkProgress Security

“The military's $20 billion air conditioning bill: By the numbers,” The Week

“Cost of war in Afghanistan will be major factor in troop-reduction talks,” The Washington Post

“Don't Call It a "Defense" Budget,” Truthout

“Are We Rome? The Fall of an Empire and the Fate of America,” The New Yorker

“Republic or empire: A National Intelligence Estimate on the United States,” Harper’s

“Coming Soon to a City Near You: The U.S. Military’s Plan to Take Over America,” The Rutherford Institute

“Eisenhower on the Opportunity Cost of Defense Spending,” Harper’s Magazine

The Military Industrial Complex Strikes Again: War Spending Will Bankrupt America

Battlefield America: The War on the American People

Rutherford Institute

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Comments

  1. bruinschuss says:

    Rousing report as always – though I think it a shame this message only reaches the choir here. The mainstream media creates so much cognitive dissonance in the average American citizen, and your straight-forward common-sense approach really cuts through that, I feel. Especially the concrete figures of what a bomber actually costs us. I will borrow that line for other discussions. CNN might twist itself into knots trying to explain why we can’t have nice things at home, but the truth is quite simple and your delivery of it is excellent.

  2. Just like it did for the Soviet Union. Their MIC was described as a giant Rolls Royce at the center of a society without food to put on shelves, everyone knew it couldn’t last.

  3. John Tipre says:

    A very daunting task to deliver vital statistics without losing the audience. Newsbud audiences perhaps will dine on the full meal while dispensing juicy portions later “…one fighter jet equal 50,000 bushels of wheat…one modern bomber is equivalent to 30 modern schools, two power plants, two fine, fully equipped hospitals…” Carry on, and thank you for your patriotic efforts.

  4. Andreas Hedqvist says:

    Make no mistake about it – the main target of all this is the United States itself. Why? Because it was and to some extent still is the biggest threat to the ruling parasitic class the world has ever seen. Most of our modern history’s wars and conflicts makes no sense if this is not understood properly. A self proclaimed free nation engaged in covert foreign regime changes using religious fundamentalism, monetary fraud on a gigantic level, removal of basic rights, poisoning of its own population and a tidal wave of propaganda and media suppression – why? Because they are losing and have no chance when openly confronted with a sound thinking and awake populace. The United States today is being portrayed like emperor Palpatine, an evil blood sucking entity that is meant to draw anger and disgust for even more conflict down the road. It doesn’t seem to be working however since a lot of people see through these games, the curtain has been drawn aside. What will self implode is the game itself, the only question is how far they are willing to go in taking down everything else with them – is the US economy doomed? May you live in interesting times.

  5. Just look at Trumps position on F 35 pre and post election , total reverse in rhetoric , best defensive warplane is A10 Warthog , DOD is about Defense in name only ! If they were about defense they would move bases from overseas and set up on Mexican Boarder and land mine desert between outpost ,instead of allowing stealth invasion ! I am from the home of President General Eisenhower and hold his beliefs but our current representatives like Pat Roberts are nothing bur Kansans in Name only and follow the traitor McCain like puppy dogs !

  6. Martin Kaufmann says:

    The FIAT currencies dont stick to the reality of deficit and budget logic. Therefore this report is BS.. Better start to explain why the US can “print” endless money as long as the world is using this crap to by and pay goods and services. Explain whay it is therefore very importand that the UDS is used for oil trade and that anybody who wants other currencies for his oil gets killed pretty quick: regards from Sadam and Cathafi.. 🙂

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