Wednesday, April 18, 2007

War Profiteering and the Concentration of Income and Wealth in America

Escalating Military Spending: Income Redistribution in Disguise

Critics of the recent U.S. wars of choice have long argued that they are all about oil. "No Blood for Oil" has been a rallying cry for most of the opponents of the war.

It can be demonstrated, however, that there is another (less obvious but perhaps more critical) factor behind the recent rise of U.S. military aggressions abroad: war profiteering by Pentagon contractors.

Frequently invoking dubious "threats to our national security and/or interests," these beneficiaries of war dividends, the military–industrial complex and related businesses whose interests are vested in the Pentagon’s appropriation of public money, have successfully used war and military spending to justify their lion’s share of tax dollars and to disguise their strategy of redistributing national income in their favor.

Go Here:

http://www.globalresearch.ca/index.php?context=viewArticle&code=HOS20070412&articleId=5368

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