Hopeful Rolling Waves
Alien Abductee
    
South Sandwich Islands
2154 Posts |
Posted - 01/23/2008 : 11:06:20 AM
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You should all read this, really. Mr. Johnson lays down the real track the U.S. has taken to bankruptcy, and makes some stellar points in the process. A necessary read for highly troubled times.
http://www.antiwar.com/engelhardt/?articleid=12248
An excerpt to wet the pallet:
"Nuclear weapons furnish a striking illustration of these anomalies. Between the 1940s and 1996, the United States spent at least $5.8 trillion on the development, testing, and construction of nuclear bombs. By 1967, the peak year of its nuclear stockpile, the United States possessed some 32,500 deliverable atomic and hydrogen bombs, none of which, thankfully, was ever used. They perfectly illustrate the Keynesian principle that the government can provide make-work jobs to keep people employed. Nuclear weapons were not just America's secret weapon, but also its secret economic weapon. As of 2006, we still had 9,960 of them. There is today no sane use for them, while the trillions spent on them could have been used to solve the problems of social security and health care, quality education and access to higher education for all, not to speak of the retention of highly skilled jobs within the American economy" |
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