Sunday, December 21, 2008

U.S. Military Literally Throwing Money Away

Of course, some people need not be frugal!

"
Some pieces of equipment that are still on order but already slated for disposal because they won't be needed...."

Are you KIDDING ME? Are you 'effin kidding me? Parts ON ORDER that will be THROWN AWAY? Yeah, NOTHING BETTER to do with that $$$, like pay mortgages, health care, schools, roads, etc, etc.

Related
: The Pentagon Spending Sprees

U.S. Military Spending to Keep Growing

America's Lone Industry

"Audit finds Navy storing $7.5b in unneeded parts; Analysis fuels calls to reduce defense budget" by Bryan Bender, Globe Staff | December 18, 2008

WASHINGTON - Government auditors identified at least $7.5 billion worth of unneeded spare parts stored in Navy warehouses yesterday, the latest example of wasteful military spending that is fueling calls for President-elect Barack Obama to take bold action to rein in the Defense Department's bloated budget....

Keep dreaming, kid.

Some pieces of equipment that are still on order but already slated for disposal because they won't be needed....

Talk about WAR PROFITEERING!!!! Nothing better could be done with that money, huh?

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Obama has said he will make cutting wasteful government spending a top priority.Secretary of Defense Robert M. Gates, whom Obama has asked to stay on indefinitely, has also sent clear signals in recent weeks that he, too, is committed to taking the axe to Pentagon programs he deems unnecessary. In the meantime, the Pentagon, which concurred with the report's recommendations for improving supply chain management, pledged to take action....

Yeah, right, whatever. Where's the MISSING TRILLIONS from since before 9/11?!! How about after? Where did all that $$$ go?

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See who is not hurting, America?


"Raytheon awarded $3.3b Patriot pact" by Bloomberg News | December 19, 2008

Raytheon Co., the world's largest missile maker, won a $3.3 billion order to provide Patriot missiles, launchers, and related equipment to the United Arab Emirates.

The United States has approved the sale, the Waltham-based company said in a statement yesterday. Raytheon is the lead contractor for the Patriot air and missile defense system, and will also supply Patriot GEM-T missiles.

The UAE first requested up to $9 billion in Patriot gear in December 2007. The actual purchase order for the foreign military sale came yesterday through the US Army Aviation and Missile Command, Redstone Arsenal, Ala., the statement said.

Raytheon had sales of $21.3 billion last year, of which 20 percent came from the integrated defense systems group that makes Patriot.

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That's all America manufactures anymore -- WEAPONS!!

Of course, we are all about PEACE and with NO WARS, no need for WEAPONS, right?

Hey, wait a minute.... for peace, huh? CUI BONO?