With forecasted Defense budget cuts due to the potential of sequestration, private security contractors will be essential assets needed to ensure national security and prevention of total economic collapse.
This week, the three military contractors that do the most business with the Pentagon announced their quarterly profits for 2012. Their profits continue to grow while they push Washington, D.C. to protect their budgets at the expense of the rest of us.
The war profiteers' shady lobbying campaign took another hit to its credibility today, as an accounting firm on which they relied to support their bogus "military spending = jobs" argument was cited for severe audit deficiencies.
As budget cuts come to the fore, military contractors will undoubtedly try to obscure the fact that every $1 billion of military spending costs anywhere between 3,200 and 11,700 jobs or more when compared to other ways of spending the money.
With our money fueling the insurgency and our killing of civilians driving more people to join the Taliban's side every week, it's little wonder that the insurgency continues to grow in size and sophistication.
Wall Street owns "our" Congress lock, stock and big barrel o' campaign cash. What we call the "democratic process" is mostly a sham, pretty words that get repeated in the hopes we will all still fall for it.
Now embraced by Obama, our long-standing tradition of viewing support for war as patriotic and opposition as unpatriotic plays right into the hands of the people who stand to make money from those wars.