Organizing Notes

Bruce Gagnon is coordinator of the Global Network Against Weapons & Nuclear Power in Space. He offers his own reflections on organizing and the state of America's declining empire....

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Location: Bath, Maine, United States

Thursday, October 07, 2010

NO ECONOMIC RECOVERY UNLESS WE CUT MILITARY BUDGET


It ain't about "defense" anymore.....it's about the US military empire whose job is to protect the interests of corporate globalization

No serious cuts in Pentagon budget = no money for economic recovery at home

3 Comments:

Anonymous The ACTivist magazine said...

It's not just about economic recovery at home - much of the U.S. dollar is backed by foreign debt holdings in Japan, China, and elsewhere. The domestic economies of these countries suffer as well under an international economic system that forces these countries to hold U.S. dollars for foreign trade. International monetary reform is required to pull the dollar plug on the U.S. military-industrial-complex.

10/14/10, 9:12 AM  
Anonymous The ACTivist magazine said...

Check out page 7 of this GAO document:

http://www.gao.gov/financial/fy2008/08stmt.pdf

Military spending is the #1 item for net spending.

10/14/10, 10:06 AM  
Blogger CarDogg said...

We need to get this deficit and the dollar under control - which I don't see happening given that we have a dollar backed by nothing and the Fed is now TRYING to create inflation...

http://www.youtube.com/watch?v=7t4rzPBcKRo

11/2/10, 2:13 PM  

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