Tuesday, February 02, 2016

Tax and Spend

The US government's arms business.
"America’s military procurement machine may be the single most successful system of wealth transfer ever devised — moving tens of billions of dollars every year from ordinary taxpayers into the pockets of big defense contractors and their allies in Congress. But as a provider of working equipment to defend the United States against realistic threats, it is becoming more and more dysfunctional with every passing year."
No kidding.

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