US politicians invest in war industry


This video from the USA is called Iraq for Sale: The War Profiteers – Trailer.

From the blog of Raed Jarrrar, an Iraqi blogger, now a refugee in the USA:

One other reason why the two ruling parties in DC love wars and occupations

According to the most recent reports of their personal finances, 151 current members of Congress had between $78.7 million and $195.5 million invested in companies that received defense contracts of at least $5 million in 2006. In all, these companies received more than $275.6 billion from the government in 2006, or $755 million per day, according to FedSpending.org, a website of the budget watchdog group OMB Watch.

New book on military-industrial complex: here.

2 thoughts on “US politicians invest in war industry

  1. Thu Apr 10, 2008 9:06 am (PDT)
    TITLE:
    U.S. POLITICAL PARTIES: ORGANIZED TO WORSHIP WEALTH

    Alternate Title:
    Our Glorious National Committees: Ever wonder what they do?

    SHORT INTRODUCTION

    Most other nations have private member based national political parties. Parties whose members, directly or indirectly, write and approve an enforceable political platform that gives political unity to the party. Conversely, the DNC’s and RNC’s collect money at the national level. Not all financial donors are willing to purchase their politicians on an individual basis! Many prefer the one-stop shopping convenience of a national committee supermarket. All deals are private in either case, but there is no money back guaranty. As political science book I read in the 70’s said (paraphrasing); “Political parties in the U.S. are probably unique in having few other functions than raising money for politicians.”

    However our glorious national committees do more than just provide the convenience of one-stop shopping for donors. I am sure you will be pleased to learn that when both the financial donors and our national committees are willing to work together they can create a great deal of bipartisanship.

    BIPARTISANSHIP AND OUR GLORIOUS NATIONAL COMMITTEES
    Quotes from Arrogant Capital by Kevin Phillips 1994, Chapter V page 123

    “Aspects of Republican-Democratic rivalry can seem as staged and phony as American professional wrestling. Since the 1980’s bipartisanship in the United States frequently involves suspending electoral combat to orchestrate some outcome with no great public support, but a high priority among key elites.”

    “In foreign policy, these issues have included the Panama Canal treaties and NAFTA, the North American Free Trade Agreement with Mexico. On the Domestic front, bipartisan commissions or summit meetings have been used to increase Social Security taxes on average Americans while the income tax rates of the rich were coming down and to raise the salaries of members of Congress.”

    “The pay raise deal involved walking on so many political eggshells that both sides negotiated an extraordinary side bargain: that the Democratic and Republican National Committees would refuse to fund any congressional candidate who broke the bipartisan agreement and made the pay raise an issue!”

    Some Purely Subjective Observations

    1 The DNC/RNC can provide a significant amount of party unity by controlling who gets their money.

    2. Any unity they provide would tend to be approved of by the donors.

    3. Any time that a significant numbers politicians of both political parties feel disturbed about voter influence, both the DNC and the RNC stand ready to do all in their power to eliminate that influence.

    4. Very little information about the true objectives of either political party is readily available to the average voter.

    Jack

    Politicians are not the voters friends. Politicians are the voters employees. The voters should remember that employees do not naturally love their bosses!

    NEW WEB SITE:
    Political Power in the U.S.:
    and why you don’t have any!
    http://tinyurl.com/2sdtvk

    Like

  2. Pingback: Pro-Syria war US senators paid by military-industrial complex | Dear Kitty. Some blog

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