Will Cutting the Defense Budget Leave America at Risk?

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In this article from The Atlantic Jeffery Smith breaks down the so-called ‘budget cuts’ to the Pentagon, touching on everything from jobs affected to potential security risks.
Smith states: “Actually, describing it as a cut is a misnomer. The plan actually calls for an increase in the national security budget over the next decade — but it would scale back the 18 percent boost previously set for that period.”

GDAMS 2.0 Call to Action!

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There’s JUST FOUR DAYS remaining until GDAMS 2012! Check out this call to action, download it, and distribute it to your mailing lists, contacts, friends and relatives! Bajen el llamado a la participación en español aquí. Téléchargez l’appel à participation en français ici. Available for download in Chinese here. Available for download in Japanese here. [...]

New Study by PERI Proves: Education, Healthcare and Green Energy Investments Create More Jobs Than Military Spending

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Not long ago, Bob Pollin, founding co-director of the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst, appeared on the Real News to discuss PERI’s new report entitled “The U.S. Employment Effects of Military and Domestic Spending Priorities.” The report finds that compared to $1 billion spent on the military, 35% more jobs are created simply by returning the money to consumers through tax cuts, 50% more by clean energy investments, 53% more from health care and 138% more from education.

How Resource Wars Will Keep Military Spending High

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In this op-ed from author Michael Klare, whose upcoming book The Race for What’s Left: The Global Scramble for the World’s Last Resources promises to deliver a fascinating if terrifying analysis of what’s in store for 21st century resource wars, we see a snapshot of the three hotspots for conflict between the U.S. and Iran, China and Russia over control of oil and gas trade. He writes:

“With energy demand on the rise and sources of supply dwindling, we are, in fact, entering a new epoch — the Geo-Energy Era — in which disputes over vital resources will dominate world affairs. In 2012 and beyond, energy and conflict will be bound ever more tightly together, lending increasing importance to the key geographical flashpoints in our resource-constrained world.

Even Wonky Corporate Contractors Know: Military Spending Levels Are Dangerously Unsustainable

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For those unaware, AOL has a defense news service, mostly for the benefit of Military-Industrial Complex insiders who want to know how many drones the U.S. can export with the help of Congressional subsidies to the corporate welfare state.

Recently, one of the service’s contributors, retired Army Colonel Doug MacGregor – now executive VP of the Northern Virginia-based defense consulting firm Burke-MacGregor Group, LLC – wrote a piece on the role of military spending in the U.S. fiscal crisis.

Barney Frank States the Obvious: Cut Military Spending to Save the Global Economy!

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In Foreign Policy of all places, Barney Frank lays out a pretty spot-on deconstruction of some of the prevailing myths that have served to keep military spending on the rise in the U.S.

He writes:

“In the United States, cuts in public-sector spending have caused the loss of 550,000 public-sector jobs — think teachers, police, and firefighters — since January 2009, adding to the raw unemployment numbers and removing the multiplier effect that takes place when employees spend their paychecks.

The New Defense Authorization Act Becomes Law

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Reality is officially more absurd than parody, as the NDAA bestows even more power on the president than was granted to George W. Bush, making it legal for the U.S. to detain anyone they (secretly) deem a terror suspect, anywhere, anytime, indefinitely. If they don’t think it would just be easier to kill him/her.