A Quote by Chalmers Johnson
The 'defense' budget is three quarters of a trillion dollars. Profits went up last year well over 25%. I guarantee you: when war becomes that profitable, we're going to see more of it.
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...There's a lot of money in the Western diet. The more you process any food, the more profitable it becomes. The healthcare industry makes more money treating chronic diseases (which account for three quarters of the $2 trillion plus we spend each year on health care in this country) than preventing them.
When you cut a half-a-trillion dollars from the defense budget, it affects almost every area in the defense budget.
The problem is that the way [President] Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents - number 43 added $4 trillion dollars by his lonesome - so that we now have over $9 trillion dollars of debt that we are going to have to pay back. [That's] $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic.
We've grown from 18% of the profits of the top 25 companies in our industry to 23% of the profits of the top 25 companies in our industry over the last five years. Profits are up over 70%, where the industry profit is up about 35%. Pretty good.
What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.
OK, so $1 trillion is what it costs to run the federal government for one year. So this money's going to run through September of 2016. Half of the trillion dollars goes to defense spending and the Pentagon. The other half goes to domestic spending - everything from prisons to parks. So there's also about 74 billion in there that goes to the military operations that we have ongoing in Iraq and Afghanistan and Syria.
The federal war on drugs is a total failure... The federal government's going in there and overriding state laws... Why don't we handle the drugs like we handle alcohol? ... I fear the drug war because it undermines our civil liberties. It magnifies our problems on the borders. We've spent over the last 40 years a trillion dollars on this war and - believe me - the kids can still get the drugs. It just hasn't worked.
Their [the U.S.’s] defense budget in absolute figures is almost 25 times bigger than Russia’s. This is what in defense is referred to as ‘their home — their fortress.’ And good for them, I say. Well done!
This violence is so pervasive. We see it in our schools, where we have more security guards now than teachers. We see it in California where more prisons are being built than colleges. It goes on and on. We see it in a trillion-dollar war budget, politics becoming an extension of war rather than vice versa. This violence is like a fog. It covers everything.
Right now we have a $600-billion or so Defense Department budget, but when you add in, for example, a trillion-dollar nuclear weapons program over the next decade or two, it adds significantly to it. So it's somewhere around $600 billion. We call for approximately cutting that in half and instead putting those dollars into true security here at home.
Incapable of enjoying the moment, the male needs something to look forward to, and money provides him with an eternal, never-ending goal: Just think of what you could do with 80 trillion dollars -- invest it! And in three years time you'd have 300 trillion dollars!!!
President Obama unveiled a $4 trillion budget for 2016 that would increase taxes on the wealthy and spend more money on education. He also made a snowball and put it in the oven, just to see which would last longer, his budget or the snowball.
Taxpayers have put more than $24 trillion on the line to resuscitate Wall Street after the economic meltdown of last year. With the help of this massive taxpayer support, the nation's largest banks are posting record profits.
I will not cut our military budget by a trillion dollars, which is a combination of the budget cuts Barack Obama has, as well as the sequestration cuts. That, in my view, is making our future less certain and less secure.
We have now spent 1 trillion dollars waging the drug war since it began. A trillion. Those funds could have been used for education, jobs and drug treatment in the communities that needed it most. We could have used those funds for our collective well being, instead those dollars paved the way for the destruction of countless lives, families, and dreams.
There's no telling what might have happened to our defense budget if Saddam Hussein hadn't invaded Kuwait that August and set everyone gearing up for World War II. Can we count on Saddam Hussein to come along every year and resolve our defense-policy debates? Given the history of the Middle East, it's possible.
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