When I asked him years ago what he thought about military spending as stimulus, Alan Greenspan, to his credit, noted that from an economic standpoint military spending was like insurance: if necessary to meet its primary need, it had to be done, but it was not good for the economy; and to the extent that it could be reduced, the economy would benefit. Full Story »
Posted by Dwight Rousu
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Frank speaks up about speaking up about the need to cut military spending excess in this time of financial crisis. Given the general cowardice toward the empire hawks in the military industrial media complex, Frank's voice is a welcome change.
A great article that is more relevant now than ever. Why we keep building cold war weapons in an age of fighting insurgents is ridiculous. But with Obama on shaky ground With the military on his plans for Iraq, I don't see anything being done in the immediate future.
Very fine opinon piece arguing persuasively that an immediate cut in "defense" spending of 25% would help the economy.
Insane levels of "defense" spending put US national security at risk. More useless and unnecessary weapons is actually making the US weaker. ... More »
This seems to be Barney Frank himself, that's the way he talks, but to see his thoughts in writing is even more impressive. Only someone of his stature on the national stage could bring this subject up in public without losing his seat. The military is a scary institution, and has been joined by industry, corporations, financial institutions, and government itself in greedy competition for money and power. Unless there is a great reckoning led by the Obama Administration and this ... More »
Defense spending is insurance, and health spending is not, or should not be. To those who think that military spending or wars are economical I ... More »
Congress passed and Obama signed a bill to extend health coverage to more children (SCHIP) and funded it by placing a two thousand percent tax on ... More »
Ir appears to be quality journalism but I am not quite sure that we are not at risk from rogue countries. How about Iran? They are very close to having a buclear capability.
If Iran gets a nuclear bomb, explodes it at high altitude over the USA and wioes out all of our electronid and electric capability, we will be in ... More »
If you want to build hi-tech weapons, try building robots that operate like drones and quit fucking killing the youth of this country.