Bush's 2009 Military Budget

  I am having to actually for today, for a change, so I am bringing this article to you from Common Dreams. This was originally posted at The Independent/UK.

The official Pentagon budget for 2009 runs to $515bn (£265bn), or around 4 per cent of America’s total economy (the equivalent figure for Britain is 2.5 per cent), and about the same size as the entire output of the Netherlands. Throw in an expected $150bn of supplementary outlays and you’ve got defence spending larger than Australia’s entire gross domestic product.

Even that may be an understatement. Add in various “black items”, such as military spending tucked away in other parts of government, and some claim that America’s total annual spending on the military now exceeds a trillion dollars - roughly half the entire British economy.     More Here

  Lots of cash going to Lockheed Martin and others.

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