The global arms industry is one of the most insidious businesses in the world. But the American political elite is addicted to the rewards.
Showing all posts tagged arms industry
Corruption watch 101
The “war on terror” is a nice little earner: A Pentagon office that claims to monitor terrorist threats to U.S. military bases in North America — and was once reprimanded by the U.S. Congress for spying on antiwar activists — has just awarded a multi-million dollar contract to a company that employs one of Donald…
Democracy can wait (forever)
Pakistan may be on the brink of civil strife but defense contractors haven’t forgotten their priorities: Lockheed Martin Corp was awarded a $498.2 million contract to supply F-16 aircraft to Pakistan, the Pentagon said on Monday, as Pakistani officials mulled whether to go ahead with a January 8 election after the assassination of opposition leader…
Counting the costs
Like so many other self-declared democracies, the Jewish state exports death: Israel has passed Britain to become the world’s fourth largest exporter of weapons, Defense Ministry Director-General Pinchas Bucharis said yesterday. Israel had a total of $4 billion in defense exports in 2007, Bucharis said. The United States, Russia and France lead the world’s list…
Killing in the name of (money)
Kelley Beaucar Vlahos, The American Conservative, November 19: The armed security contractor in Iraq makes an appearance on the collective American radar only when events get so ugly they won’t go away: the charred bodies of four Blackwater guards swinging from a Fallujah bridge in 2004, the 17 civilians reportedly killed by Blackwater men in…
Bombing, Zionist-style
The love affair between Israel and America continues: The US Congress on Friday approved the purchase of weapons and technological systems from Israel’s defense industries for $700 million. The advanced technological products will be acquired as part of the American security budget for the coming year to be used by US forces in Iraq and…
Death is a small price to pay for profits
The war on terrorism is wonderful business: Arms manufacturers are making record profits from the war on terrorism and unprecedented spending on weapons programs. The massive earnings have drawn condemnation from Australian defence experts, who say expensive weapons such as jet fighters, warships and satellites are not the way to combat terrorism. The world’s biggest…
Killing for a good cause (ie. money)
The global arms industry likes to grease the corridors of power: The US arms industry is backing Hillary Clinton for President and has all but abandoned its traditional allies in the Republican party. Mrs Clinton has also emerged as Wall Street’s favourite. Investment bankers have opened their wallets in unprecedented numbers for the New York…