Saturday, January 15, 2011

Warfare and corporate welfare

Warfare and corporate welfare

Meet General Warbucks

"I think there much to be said for this, but there's got to be more to the story. America's drawn-out wars abroad are stupendously expensive. The stupendous expense of course attracts profit-seeking firms rather like sharks to blood. And the wars are so drawn out in part because, as Mr Fallows and Robert Gates suggest, there's nothing concrete at stake for most Americans. Like the hum of an air conditioner, after a while, one simply stops noticing the wars are there, much less that many billions of taxpayer dollars are thereby making some private citizens immensely rich."

http://www.economist.com/blogs/democracyinamerica/2010/12/warfare_and_corporate_welfare?fsrc=scn%2Ffb%2Fwl%2Fbl%2Fwarbucks

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