Barney Frank: We're broke because of war
BUZZFLASH NEWS ALERT
Barney Frank said at the World Economic Forum: "I think the biggest problem in the U.S. is...far too large a percentage of our resources go into the relatively unproductive segment of Defense. If we had not started the war in Iraq, and spent a trillion dollars there...we would have far more freedom now to respond to this short-term crisis."
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Economy & War
This is what I just sent to White House.gov. Think it'll do any good?
"Subject: Economy AND Afghanistan
The US set about working to bring down the USSR by engaging them in a losing war in Afghanistan by supplying the Mujaheddin with military aid to fight the Russians. Their ballooning military budget eventually broke the power of the USSR as their economy was strained to the breaking point.
The US is following suit by investing its economic energy in two wars rather than in the production of peacetime goods. By cutting taxes on the wealthy who have generally not shared their good fortune with the rest of us, but have continued to demand deficit spending for war and budget cuts for everything else our government is bleeding the strength of this country. Since the money the top 1% of the population has retained has remained at the top, the burden has fallen to the rest of us, who cannot support government war spending as homes are foreclosed and jobs fail. China is surpassing us in the development of new, clean alternative energy sources while the US continues to consider "clean" coal and new nuclear power plants. The continued myth of American exceptionalism is deluded. Unless we stop living in the past, end the two wars which are draining our treasury and bankrupting our citizenry (with the aforementioned exception of the top 1%)and truly invest in our economy, the United States will become a failed experiment after 234 years.
The fear of terrorism is causing the US to tear itself to pieces like a large animal attacked by flies. We must stop these wars which continue to wreak havoc and earn the enmity of citizens of nations far from our shores. We must stop bleeding this country with two wars while the super wealthy who run our economy continue to make terrible choices which enrich them and impoverish the rest of us.
The United States is living on borrowed time. Unless we change course soon, we too will coming crashing down as the Soviet Union did.
To fight terrorism we must deal with it as the crime it is. Wars are too big and impact too many innocent people to do anything but harm. If we wish to control terrorism, we must end the wars and make amends for the harm we've done. Speeches won't bring back the dead or stop more terrible things being done now and in the future to the innocent. Speeches will not stop the depletion of our economic strength and the death and permanent injury to those serving in our armed forces. Mercenary forces damage both our treasury and our reputation abroad."
This ends rather abruptly, but I only had room for 2,500 characters.
Really..? No kidding?
So, it wasn't St. Reagan who took the the U.S.S.R over the economic cliff after all, is that what your implying!!???...it was ten (+) years of war in Afghanistan that caused the U.S.S.R. to implode...? Really..no kidding? but that was Russia..won't happen here, not to the most powerful, greatest, smartest, bestest Nation on earth!! The always right, the invincible United States of America...right?...our "leaders" are so much smarter than those Russian leaders, our leaders wouldn't make such an idiotic decision...would they......?! And besides we need an enemy..lots of politicians, Pentagon, Department of Defence and all the little "private" military contracting companies make a damn good living with the always "at war" crowd..(pay for it by borrowing money from China and by using the U.S. citizens (the working class peons) as collateral, and their little low paying, piss-poor "service industry" jobs hostage (and bombard them with FEAR, scare them into giving up their rights for security...!!!) And when the whole mess causes a huge permanent economic meltdown..blame the citizens..tell them it was all their fault...they shouldn't have spent or borrowed so much, more than they could afford..bad citizens..!
The talk doesn't change the walk.
What, he just discovered this?????
How come, Barney, with your healthy lungpower and biting sarcasm, you haven't been shouting this to the rafters since 2002? Is it suddenly politically useful to you to say it?
Barney is Right
The Republicans tried for years to eliminate social programs but failed by legislation. Ronald Reagan and George W. Bush both knew the way to do it without legislation. "Deficits don't matter" and "outsourcing was good for America" was a way to break the treasury so these social programs have no funding. Everyone knew the Democratic Party favoried Health Care reform after Clinton made a try for it. It was only time before another Democratic controlled government would return, and with it Health care and all the hated social legislation for the average citizen. So they didn't care about Deficits just confirmed what the Senator is saying. Bush broke the Treasury making the Democratic control almost impossible, even making them cut their own programs to stay alive and get elected again. So Bush and the Republicans really did win, and the War of Choice with Iraq indead broke the economy. The Greed created by supply side policy caused the stock market destroy what was left under George W. Bush's administration. He had 2 recessions, stock market crash, 2 wars, and the only think that prospered during his 8 years crashed with the housing market. Total failure. Barney Frank and all Democrats should not let them off easy as their record with supply side policies was a failure.
Nothing New Except Now Military Spending Is Out Of Control
So the question isn't why there's no money to, among other things, maintain the safety net, rebuild the infrastructure, put people to work and improve public education, instead it's what are we going to do to cut down military spending. There's an urgency to this, too, what with perpetual war + global warming + economic collapse = doomsday, and with time running out. Which means that no way can we turn things around by using the cards that our founding fathers dealt us (since their intent was to confound rather than enable attempts to change the system), such as letters to the editor or to the President or Congress, signing petitions, attending periodic rallies and even voting. What does that leave us with? One thing and one thing only, which is that we rise up en masse and change the world. Anything less may make one feel like one is doing something meaningful, thereby lifting one's spirits, perhaps, but accomplishing nothing else.
Defense...
"Defense" is a misnomer - "Offense" is a far more apt term.
Frank knows his history
Frank knows his history which has proven that every country which has an ever increasing military budget will get an ever increasing repressive regime with less and less money to maintain its infrastructure. Once this path is taken, the country crumbles and spirals all the way down. In a few decades America will be no more than a miserable underdeveloped nation where discontent will be put down harshly, ala North Korea with a grand 30m high stature of Glen Beck in every town square.
Thank you, Congressman Frank...
for this "No shit, Sherlock!" moment.
No wonder the teabagger crowd hates you.
ET Spoon
Teabaggers are racist homophobes
Teabaggers hate anyone who isn't a straight white protestant. Barney Frank is a Gay Jewish Liberal. That's three strikes against Barney Frank.
Now what is an ET Spoon? Is that some sort of gay extraterrestial? Seems like the teabaggers shoul dhate you too...
What is an ET Spoon? It's a screen name, Norm
But thank you for being so liberal as to libel a person at the other end of an Internet "tube."
ET Spoon
Thank you, Congressman Frank
ET Spoon, where is an article from any teabagger complaining about the military budget? No one who is opposed to excessive government spending on the military hates Congressman Frank. No one who was opposed to invading Iraq hates Congressman Frank. He was one of the heroes who stood up against the invasion.
lantana
Sheese, that's why it's a "No shit, Sherlock" moment.
Teabaggers love the military and have no problem with excessive military spending. D'uh.
ET Spoon
Sheese
When you say "Thank you for this "No shit, Sherlock!" moment", you're implying that Frank should not have said we're broke because of war, that people are saying that too often. In reality, it isn't being said nearly enough, leaving teabaggers and other Republicans blissfully unaware of the backbreaking costs of our military industrial complex.
lantana
True but so incomplete
Frank is correct, of course, but it goes a lot further. It isn't just Iraq and Afghanistan.
The US is 4.5% of the world population, but spends more on war than all possible adversaries combined--41.5% of global military spending but that's just the nominal 'defense budget' at $607 billion; the real cost is upwards of a trillion $$ per year when you add in nuclear weapons, veterans costs, invisible spending on 'intelligence,' NASA and other agencies where military spending is hidden, and the huge percentage of the interest on the national debt caused by deficit military spending. So, reality is the US spends more on war year after year than the rest of the world combined, well over 50% of all military spending. So, if the US were to cut 'official' war spending by half, we still be spending over 20% of the world total with 4.5% of the population, still over five times our ranking by population.
I got these numbers from Wikipedia, but you'll have to do your own research to find the real US war budget is over $trillion per year. Ever wonder why the infrastructure is crumbling, no money for schools, health care is out of reach?
Archaeo