13 October Letter to "The National Commission on Fiscal Responsibility and Reform, established by President Obama, "is charged with identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long
"... 15 August 1971. It was from this date that the US gave unlimited rights to the currency speculators after it reneged on the Articles of Agreement of the IMF that had placed the convertibility of the dollar on par with US$35 for one ounce of gold. Thi
The Smarter Approach to Nuclear Expenditures (SANE) Act of 2012 will: • Cut the current fleet of nuclear submarines from 12 operational at sea to eight operational at sea ($3 billion savings) • Delay the purchase of new nuclear submarines ($17 billion savings) • Reduce the number of ICBMs ($6 billion savings) • End the nuclear missions of air bombers (up to $17 billion savings) • Delay new bomber program ($18 billion savings) • Cancel new, wasteful nuclear weapons facilities ($15 billion savings)
Hans M Kristensen: "In addition to modernizing the warheads and the production complex, the Obama administration has also pledged to spend “well over 100 billion dollars” on modernizing some of the missiles, submarines and bombers designed to deliver the warheads."
Wilkerson: "Let's make it a commercial empire and let's maintain that empire in terms of commerce and not in terms of killing people, killing people for oil or killing people for human rights. I think both are just as bad as the other..."
"In fiscal year 2008, the foreign military sales program sold $36 billion in weapons and defense articles, an increase of more than 50% over 2007," writes FPIF columnist Frida Berrigan in Weapons: Our #1 Export? "Sales for the first half of 2009 reached $
Strange as it may seem – and irrational as it would be in a more logical system of world diplomacy – the “dollar glut” is what finances America’s global military build-up. - glut: överskott; överflöd.
By Ellen Nakashima Washington Post , March 4, 2009. --In 2008, the Govt Accountability Office reported that cost overruns on the Pentagon's 95 largest weapons acquisitions system totaled about $300 billion -- Legislation sponsored by Sen. Carl M. Levin (D
SIPRI continues that, “In addition to its direct impact of high military expenditure, there are also indirect and more long-term effects. According to one study taking these factors into account, the overall past and future costs until year 2016 to the US