Increased U.S. spending, especially at Camp Lemonnier in Djibouti, reflects Africa’s growing importance to counter-terrorism efforts. The Pentagon has begun a burst of spending in Africa, expanding its main base on the continent and investing in air…
Tag: spending
Right now, the American people are like frogs in warm sequester water. For some, inundated with all the corporate media talk about out-of-control spending, the cuts to the deficit feel good right now….
I’ve put off writing an article about what is likely to happen in 2013 so I could peruse the thousands of other articles by reputable bloggers, paid pundits, Wall Street shills and captured charlatans to…
The US spends $1.3 trillion a year on a military it does not need. Politicians won’t talk about cutting it down to size. I was asked earlier this week by an reporter for PressTV, the…
IN 1961, President Dwight D. Eisenhower left office warning of the growing power of the military-industrial complex in American life. Most people know the term the president popularized, but few remember his argument. In his…
If most Americans had to choose between saving and spending, they would decide to join the spending team. Americans are so drawn to spending that they will even purchase items theycannot afford. Another recent…
Who’s buying our democracy? Wall Street financiers, the Koch brothers, and casino magnates Sheldon Adelson and Steve Wynn. And they’re doing much of it in secret. It’s a perfect storm: The greatest concentration of wealth…
US House of Representatives approves plan to destroy Medicare, Medicaid and food stamps US House of Representatives has adopted a budget resolution that calls for privatization of Medicare and the elimination of Medicaid, food stamps…
The Greek Economic Tragedy is sending alarm bells to the rest of the European Countries who are now making internal adjustments to avoid such repeat of total economic collapse. Bloomberg reports on how Spain is…
If the entire financial system does not come down upon our heads and if we do not have another war, global growth is going nowhere in the year’s ahead. We had a mini-recovery, but it…