Showing posts with label Military Industrial Complex. Show all posts
Showing posts with label Military Industrial Complex. Show all posts

26 December 2016

Quote of the Day, Monday, 26 Dec. 16, by President Dwight D. Eisenhower



“Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities. It is two electric power plants, each serving a town of 60,000 population. It is two fine, fully equipped hospitals. It is some fifty miles of concrete pavement. We pay for a single fighter plane with a half million bushels of wheat. We pay for a single destroyer with new homes that could have housed more than 8,000 people. This is, I repeat, the best way of life to be found on the road the world has been taking. This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron….Is there no other way the world may live?” 

– Dwight D. Eisenhower

Interesting Reads for Monday, 26 December 2016: Best Nat Geo Photos 2016, Gravitational Waves, Best Song of 2016 & More
















24 March 2014

Overnight News, Views, Charts & Graphs for Week of March 24 - 31, 2014







Zero Hedge - China's Credit Pipeline Slams Shut: Companies Scramble For The Last Drops Of Liquidity







UGO Bardi - "Peak Gold: How The Romans Lost Their Empire" 


Company insiders are selling 6 shares of their companies for every 1 they buy 

Fed's Monetary Base Is Still Exploding Despite The 3 Card Tapering Game Mesmerizing Investors

Must Read: Ice Cap Asset Management - "Connecting the Dots"


SandP Downgrades Brazilian Debt to BBB- from BBB

10AM EST, Tuesday, 25 March 14 = Consumer Confidence Poll and New Home Sales numbers to be released

Republicans play politics with IMF money earmarked for Ukraine

Peak Oil Review for Week of March, 24, 2014 

Eisenhower's words from his farewell address to the nation as he left office are truer than ever

Review: Snake Oil: how fracking's false promise of plenty imperils our future

Jesse: The Hunger Games

Ritholtz: Everything That Is Wrong With This Monday

Why Advance Micro Devices (NYSE: AMD) Can Win If Price Wars Break Out Between Sony and Microsoft Gaming Divisions

14 September 2011

Ralph Nader Defends Ron Paul And Explains What Americans Are Ignoring About 9/11

After attending a 9/11 panel in northwest D.C. on Monday, Ralph Nader told The Nation‘s George Zornick that Americans had mostly ignored the reasons that the terrorist attacks occurred.

Ralph Nader was up in D.C. last night where he took part in a panel discussing 9/11. In this post-confence video, Nader speaks to George Zornick from The Nation and hits on what America ignored pre and post 9/11:

“All we want to say is that it was a terrorist attack, it was evil, don’t talk about what caused it,” he said. “What really lead to it was, one, we back dictators over there that repress and kill their own people with American arms. Two, we support the Israeli position against the rights of the Palestinian people to have their own state. And three, we have repeatedly failed — no matter how much money we spend — to defend our own country.”

“The folly of the military-industrial complex is that it not only erodes our economy and destroys a quality standard of living, but it also insures an empire which is insatiable in terms of the contracts that Lockheed Martin and others want to dominate the world,” Nader added. “It’s just the opposite of defense, an empire eventually devours its own people.”

Congressman Ron Paul (R-TX) was booed at the CNN/Tea Party Republican debate on Monday night for trying to explain why al Qaeda had attacked the U.S.

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