Wednesday, February 19, 2014

Missing Military-Industrial-Complex Money

The Rumor Mill News Reading Room 

Missing Military-Industrial-Complex Money
Posted By: SARTRE
Date: Wednesday, 19-Feb-2014 06:42:27

When Major General Smedley Butler made his case, "War is a Racket" he did not pull any punches. "The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits – ah! That is another matter – twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent – the sky is the limit. All that traffic will bear. Uncle Sam has the money. Let's get it." The business of military procurement has multiplied since his fateful revelations.
Read the entire article on the Corporatocracy archive page
http://www.batr.org/corporatocracy/021914.html
Subscription sign-up for the BATR RealPolitik Newsletter
http://eepurl.com/ESQ5L
Discuss or comment about this essay on the BATR Forum
http://forum.batr.net/showthread.php?tid=8021 
 New  0  0  0  0

No comments: