The world’s nine nuclear armed states have downsized their military arsenals, but made up for their loss by increasing the number of weapons on high operational alert, according to a new report from the Stockholm International Peace Research Institute (SIPRI).
Tag Archives: military budget
A Budget to Defend the American People, Not the Weapons Makers
Policymakers insist that they cannot afford to provide relief to millions of Americans struggling during a pandemic, cannot afford to provide universal health care, and cannot find funds for education. Despite this, the massive National Defense Authorization Act passes each year in an allegedly bipartisan fashion.
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UK Breaks Law on Nukes: Boris Johnson Announced a 40% Increase in Britain’s Nuclear Arsenal
Today the arsenal stands at around 200 nuclear warheads. Each is about 8 times the power of the Hiroshima bomb which killed over 200,000 people. That’s a killing capacity of hundreds of millions. How can Johnson conceivably justify that arsenal, never mind increasing it?
Continue reading UK Breaks Law on Nukes: Boris Johnson Announced a 40% Increase in Britain’s Nuclear Arsenal
The Most Lethal Virus Is Not COVID. It Is War
In the midst of the greatest health emergency in modern times, with more than 4 million surgical procedures delayed by the National Health Service, Britain has announced a record increase of £16.5 billion in so-called defense spending.
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Military Contractors Raytheon, Lockheed Martin See Stock Prices Soar Amid Iran Crisis
Lockheed Martin, famous for its fighter planes, helicopters and missiles, saw its stock price spike to over $416, a jump of seven percent almost overnight. Raytheon and General Dynamics saw similar increases.
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Pentagon Fails First-Ever Official Audit
WASHINGTON (Reuters) – The Pentagon has failed what is being called its first-ever comprehensive audit, a senior official said on Thursday, finding U.S. Defense Department accounting discrepancies that could take years to resolve. Continue reading Pentagon Fails First-Ever Official Audit
Multiple US Gov’t ShutDowns Didn’t Deter Highest Ever Budget for Pentagon
The United States, Inc. just survived two shutdowns in two months yet this did not deter the approval of a $716 billion military budget for the year 2018-2019, the highest military budget ever, and still is among the G7 countries’ military spending combined.
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$21 Trillion of Unauthorized Spending by US Govt Discovered by Economics Professor
The US government may have misspent $21 trillion, a professor at Michigan State University has found. Papers supporting the study briefly went missing just as an audit was announced. Continue reading $21 Trillion of Unauthorized Spending by US Govt Discovered by Economics Professor