Friday, January 7, 2011

A Fatality Of War: The U.S. Economy

People are worried about the economy. But the government is creating the illusion the economy is becoming much stronger, despite it being drained by the staggering costs of its war machine and the millions of people unemployed or underemployed, along with its mountain of home foreclosures.

War is now one of America's biggest businesses. If ever you doubt that consider its endlessly growing budget which now officially exceeds $700 billion and collectively employs millions of people as contractors or sub contractors in nearly every U.S. Congressional District.

The fighting will eventually end in Iraq and Afghanistan and in other undeclared wars in Pakistan, Yemen and Somalia. But unless the U.S. is driven out as it was in Vietnam, it will retain a huge military presence, as it does in Japan and Germany (65 years since World War ll ended) and Korea (57 years since the Korean War ended) and nearly every where else in the world. But that will change when the U.S. goes broke, something it is well on its way to doing.

If you think it won't go broke, that it can't happen here, and if it did, it can't happen now, and if it did, it can't happen to me, think again. The U.S. is so deeply in debt, that if interest rates spike just a few percent, to traditional interest rate levels, the government would be overwhelmed by it. And as history tells us, traditional interest rates will return.

Your voice is important and we need to hear it. Whether you post on blogs, write letters to newspaper editors or become a political activist, please take action. It is your financial future and that of America at stake.


Dick

1 comment:

Anonymous said...

We are being lies to about the economy.

Something is seriously wrong with the economic figures they are releasing for the ten year old war in Afghanistan and the three month old war in Libya and the problem is that the USA claims to be spending a whopping $2bn a week on just the Afgan war and the UK government is claiming that the total cost of the three month old Libya war including the daily use of cruise missile is a mere £250m

I’m not pretending to be a military expert but what I do know is the engines from fighter jets need a complete strip down and rebuild after every thirty hours or so of flight time and the cost of each engines rebuild comes in at about £500,000 each.

Clearly someone is telling major lies here and our economies can not maintain a permanent war time environment and history shows us that the Russian empire went into meltdown due to the cost of just fighting the war in Afghanistan and the Russians were no fools judging by the economic miracle since the brake up of the old Soviet Union.


http://members.beforeitsnews.com/story/743/062/NATO_dont_look_we_will_kill_the_babies_for_you..html