"Some analysts warn to watch out for misleading statements about job losses from companies and lawmakers. "They are going to use the most inflated assessments," said Philip Finnegan, director of corporate analysis at the Teal Group."
And I don't take articles like these seriously at all; I struggled as to whether I should even post such fooleys.
Please see: The Globe's Garbage Gates
My prediction? There will be NO CUTS in WEAPONS and we will have MORE MONEY for the wars and occupations after the next false flag attack -- whenever and wherever it takes place.
"US weapons cuts could put N.E. jobs in jeopardy" by Bryan Bender, Globe Staff | April 3, 2009
WASHINGTON - Defense contractors, high-tech firms, and manufacturing plants are bracing for thousands of potential layoffs across New England resulting from the Obama administration's plans to cancel or delay key weapons programs, according to company officials, union representatives, and members of Congress....
The Obama administration is about to unveil a Pentagon spending plan that officials say will slash weapons programs identified as either too costly or not meeting the urgent needs of the military in Iraq and Afghanistan.
Secretary of Defense Robert M. Gates stayed behind in Washington, even with President Obama attending a NATO summit starting today in France, to iron out the final details of what he calls a "strategic reshaping" of the Pentagon's investment strategy. Gates's office has said that jobs will not be a factor in the Defense Department's deliberations.
Yeah, right.
"It's not the responsibility of this building to worry about the economic impact of budgetary decisions," Pentagon spokesman Geoff Morrell told reporters recently. "It's the responsibility of the secretary and this building to provide recommendations to the president about what's in the best interest of our national security."
I want to know WHY NORAD STOOD DOWN on 9/11 and WHAT DOGSHIT DICK was doing DIRECTING WAR GAMES that envisioned the exact scenarios of the 'terrorist' attacks -- because the 9/11 FALSE FLAG OPERATION and ITS EXPOSURE and ACKNOWLEDGEMENT are CRUCIAL to THIS NATION'S NATIONAL SECURITY!!
That's why Obama's acceptance of Al-CIA-Duh when even I know what a fraud that is, little old me, is unbearable.
But the economic impact of the cuts - especially at a time when the job market is already under strain - is clearly on the minds of company executives, workers, and their elected representatives in Washington. Yesterday, the Labor Department reported initial claims for unemployment insurance rose last week to 669,000 nationwide, the most in more than 26 years.
As the battle to save defense programs picks up in Congress, some analysts warn to watch out for misleading statements about job losses from companies and lawmakers. "They are going to use the most inflated assessments," said Philip Finnegan, director of corporate analysis at the Teal Group. "They are using those figures in lobbying."
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The fate of the DDG-1000 destroyer program has members of Congress from Maine to Rhode Island worried about job losses. In a letter to Gates last week, a group of New England lawmakers lobbied the Pentagon to buy at least one more of the $2.6 billion destroyers, which are designed as heavily armed stealth warships that would pave the way for amphibious landings by Marines....
Related: The Liberal War-Looters of New England
The destroyer is also considered by some specialists to be the linchpin of Waltham-based Raytheon's ability to compete in the market for naval combat systems.... In the short term, Raytheon, as well as other smaller subcontractors on the project across the region, could lose significant work....
What did that guy just say about ringing the alarm?
And here the Globe is... no wonder they are being shutdown.
The fate of the $160 billion Army's Future Combat System is also being closely watched. Bedford-based iRobot has received a total of $63 million in contracts for the program since 2003, including for 25 small vehicle robots.
Other companies, such as General Dynamics in Taunton, have a stake in the communications system that was designed for the program, though some of those underlying technologies are expected to survive the budget axe.
I'll bet. With all the MISSING TRILLIONS floating around the Pentagon, they'll find a slush fund to cover it.
More MSM blather:
"Gates envisions 'fundamental shift' in weapons spending; Congress to get a preview of proposed cuts" by Bryan Bender, Globe Staff | April 4, 2009
WASHINGTON - .... New England-based defense firms such as
You see whom the Globe is working for now, huh? No doubt one of the reasons they are tanking. Here they are, shilling for the war looters and broadcasting the exact propaganda they want.
Personally, I say we SHUT DOWN the ENTIRE WAR MACHINE and LET PEOPLE LIVE in PEACE!!!!
For example, defense trade publications are reporting that several warships as well as submarine construction could be affected - cutbacks or delays that would harm the business of General Dynamics' two major shipbuilding facilities in New England: Bath Iron Works in Maine and Electric Boat in Connecticut.
And the globe is echoing the chicken little war-looters screams!
Meanwhile, other projects that Gates considers more relevant to helping troops win the wars in Iraq and Afghanistan could see a boost in funding, analysts said.
I think everyone will (as I stated above).
As news of the decisions began leaking out late this week, Wall Street analysts were warning investors to expect a bold plan that would probably prompt a sell-off of major defense stocks....
The plan will have to go before Congress, which is under heavy pressure to reverse some of the decisions from lobbyists and constituents.
Which they will easily do -- and the campaign contribution kickbacks will ensure it!
Morgan Stanley predicted that announcing the cuts ahead of President Obama's full federal budget in May could take some of the heat off the new president and make Gates, who served as George W. Bush's defense secretary, the plan's chief salesman.
Gates, a former CIA director and deputy national security adviser who has served eight presidents, is considered a particularly convincing advocate for why the cuts are in the best interest of the country.
Really? The same guy who fudged up the Russian threat and was up to his neck in Iran-Contra? Related: Memory Hole: Meet Your "New" SecDef
We must be thinking of two different guys, MSM.
He has insisted that some conventional weapons programs must be canceled or delayed in order to afford the tools needed to address terrorism and guerrilla insurgencies, which he believes will pose far greater dangers to the United States in the foreseeable future than opposing armies, navies, or air forces.
The booga-booga in service of empire goes on and on; have I told you how tired I am of the mass-murdering wars of the AmeriKan government lately?
Still, some analysts predict Congress will question the analytical framework that Gates used to come to his decisions. Loren Thompson, president of the Lexington Institute in Arlington, Va., who advocates for some of the weapons that may be cut, said that because the announcements will be made before a review of all military programs this summer, as required by Congress every four years, some critics could assert that Gates's decisions require further study before being implemented.
And the MONEY will FLOW in the MEANTIME!!!
--more--"
