The Pentagon Strangles Our Economy: Why the U.S. Has Gone Broke

The military adventurers in the Bush administration have much in common with the corporate leaders of the defunct energy company Enron. Both groups thought that they were the "smartest guys in the room" -- the title of Alex Gibney's prize-winning film on what went wrong at Enron. The neoconservatives in the White House and the Pentagon outsmarted themselves. They failed even to address the problem of how to finance their schemes of imperialist wars and ... Full Story »

Posted by Michael Hudson

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Ardent Hollingsworth
4.9
by Ardent Hollingsworth - Oct. 1, 2008

Dazzling! Keep in mind that Rumsfeld reported in 2003 that the Pentagon could not account for 2.3 trillion dollars. Journalists need to keep the pressure on the huge waste in the Pentagon that it is no friend of the economy. It's a cash cow for corrupt American corporations at the expense of almost every American.

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