The Military Industrial Complex has us by the balls. Even though the rest of the country is reeling from the recession, military spending keeps on going. We now spend more on defense than the rest of the WORLD does. Why are we so paranoid? Who is after us?
We could easily cut our defense spending in half and perhaps save our teetering economy. We have no need to be spread all over the world like some old-time imperial power. We could close bases in other countries, cut back on mammoth projects designed to fight the nonexistent USSR, and start using soft power instead of destructive wars.
http://caps.fool.com/Blogs/how-not-to-save-money/413647
Tuesday, July 6, 2010
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