10 companies profiting most from war

War has been called the parent of armies, which are a root of debt and taxes. But armed conflict is profitable for those who supply the weapons.

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Mar 14, 2012 10:42PM
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United States spends more money on weapons than Russia, China, Britain, France, and Germany combined. And most of this money is not spent to protect Americans, but to fight other people's wars for them. America needs to stop trying to be the world's policeman, unless other countries are willing to pay us for our protection. Imagine if just a fraction of the defense budge is spent on domestic programs such as education, infastructure, engergy, and healthcare. We can accomplish so much more if we just stop insisting that we must solve everyone else's problem first. Let other nations take care of their own problems, and that means you, Israel and EU!

Mar 15, 2012 10:24AM
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As I am of ww2 age, and was in high school during the war years, I feel that I am an eye witness to history.  When I speak of this subject to younger generation, it falls on deaf ears.  Let me begin-  Many reasons have been noted, on why we won ww2, fighting 2 large nations, Every historian today, write's about our industrial might.  Yes, that is true.  But, when war came in 1941 (I was a freshman in high school), President Roosevelt ordered an immediate freeze on commodity prices, and a freeze on all labor.  My father was too old for the draft into military service, but as a union carpenter, he began his service working for government contractor's.  The carpenter scale was $1.42 per. hr., in 1941, and remained so until the war was over.  This stopped the war profiteering, and it did not break our government paying for the war.  Even President Isenhauer, warned  "Beware of the military industrial complex"  Oh yes, forgot to mention.  During  ww2, if any individual or business caught black marketing, and selling over  OPS prices, was subject to arrest and heavy fine.  OPS stands for "Office price stabilization" .  I firmly believe that this action was the real reason we were able to maintain and supply all of our allies that fought with us.  Thank you for listening.

Mar 15, 2012 9:14AM
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Just think all the money the government spends on futile wars and what that money could do if it was reinvested here.

 

We need to stop taking the role of war mongers!

 

Let other countries step up to the plate!

Mar 14, 2012 10:33PM
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Now we know who the people are that keep perpetuating this stupid war. Money, money and more money, that's what its' all about. The war makes no sense but when you look at this list and the billions awarded to these contractors you can certainly figure it out. On top of that it opens the door to more billions of dollars spent on foreign aid to these same countries that hate our guts, but what the hell  most of it disappears into pockets anyway. If the government didn't waste enough money in this fashion they couldn't keep crying for more. This country is run by a bunch of lying thugs and we are doomed.

Mar 14, 2012 7:59PM
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I assume from your article that 56 % of the companies sucking up American tax payer money are foreign.

Are we crazy or what ?

Mar 15, 2012 10:23AM
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US borrows from China to pay these contractors.

Us taxpayers on the hook to repay China.

Why not sell bonds to US taxpayers in the first place?

Why not pay interest to taxpayers rather than China and other creditors?

Answer:  That would be politically inconvenient to lawmakers who seek election.  It is much

more discreet to go through China and keep war costs off the books like

BushCo did for all the years in office. 

When Obama put war costs back on the books,  the Republicans pounced criticising

the debt that was now exposed.  They blamed Obama for the debt they had created.

 

Mar 15, 2012 10:19AM
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america has been " at war" with somebody forever. we've not had 20 years of peace in 2 hundred.. like a mean drunk we are gonna fight somebody. if we spent the time + money on helping sraighten ourselves out that we spend controling others we'd be able to lead by example not gun.

Mar 15, 2012 11:18AM
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Billions for these worthless wars, TRILLIONS in "debt" as a whole and these dumb mother f*****s want to go into Iran?? Wake up America-  these new world order satanists are killing this country. Every damn day these ****s are drummin' up another way to put another nail in Americas coffin. WAKE UP !!!!!!!!!!!!

Mar 14, 2012 8:28PM
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Grrrr53 is right on the money.  We live in a country where our fellow americans are ASLEEP or DRUNK or DUMBED DOWN from sitcoms or just plain don't care where the money goes and clearly there will be no change in DC unless we have a revolution in the streets and simply get together and refuse to pay any more taxes to the gov't that supports the 1%.

 

It is so painfully clear that 99% of us have little to no money because it fell uphill to the 1%.  There is barely anymore to get from us.  Whatever will they do when there is no money to get. Trust me they have a way to get it, thats what is scary we need to figure out what their next touch is, we need to engage in defensive financial strattegy and STOP PAYING TAXES. 

May 1, 2012 4:46AM
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Ever hear the term, " Military Industrial Complex"?   Who do you think starts wars?  Who do you think makes vast profits from wars?  Duh, wake up folks, and both political parties are guilty.........
Mar 15, 2012 4:34PM
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I got 4 thumbs down for asking where Haliburton was on this list? Dick Cheney are you reading these comments?  I was just  curious after they were "granted" so many contracts. 
May 1, 2012 11:24AM
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I noticed that some of you have indicated that you are glad we are getting out of Iraq and Afghanistan.  We are not!  We are maintaining 10,000 troops in Iraq and have built the largest military base/embassy in the world there, bigger than the Vatican in Italy, and Obama has just committed to the Afghans last week, that we would keep our troops in Afghanistan for another 10 years after 2014!  And we continue to have troops on bases in 197 countries around the world! Who is benefiting from this?  Not the majority of the American people!  But the military industrial complex for sure!  These 10 companies mentioned in this article, absolutely!

Anyone who thinks this is a Republican vs. Democrat issue, is sadly misinformed. This is a Progressive vs. Constitutionalist issue. The progressives on both sides of the isle and in the heads of the biggest corporations around the world benefit greatly at our expense to keep war going on all over.  Constitutionalists, on the other hand, would end the wars, bring our troops home and protect our own borders and bolster economic trade with the world, but not unconstitutional war all over the place.   Do not vote Republican, do not vote Democrat. Vote for who ever is committed to following the Constitution, no matter what party they belong to, The Constitution is all that matters for our freedom and god given rights!
Mar 15, 2012 10:56AM
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The CEO's of these companies, along with the "Fools on the Hill" should be REQUIRED to send their kids/grand kids to the front lines in wartime...THEY'RE the ones profiting from it!!
May 1, 2012 7:53AM
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A group of 10 Nobel winning economists collectively estimated that the ultimate cost of Iraq/Afghanistan was going to come out in the 3 trillion dollar range! The cost estimate for update of America's infrastructure at the time of the Interstate bridge collapse in Minnesota was $1.3 trillion. Why we didn't just nuke Tora Bora after 9/11 and get on with fixing our societal needs can be explained by the fat cats manipulating/rewarding Bush/Cheney and chasing their self-interests for wealth and power! I worked in the defense industry for 20+ years and we NEVER voted for Democrats. Now that I'm retired, I see the world and this country in a different light! Eisenhower had it right, beware the MIC. But that said, just wait, the worst is yet to come when we play Israel's lackey and go after Iran! More $$$ to be made and lives to be squandered like the last 10 years!!!!! Sad to say, it will never change!  
Mar 14, 2012 8:00PM
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And these companies will locate their plants around the country in areas where they can control the vote of the congressmen and senators.. Eisenhower a Republican said to beware of the WAR MACHINE
Mar 19, 2012 8:56AM
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American's have been fooled by Pentagon wasteful contractor spending.  Congress acts like the DOD has a monopoly on job creation.  They act like the Department of Education, NASA, The National Science Foundation, and the Department of Energy wouldn't create jobs if only funded by a small fraction that many wastful military projects are funded.   Most of advanced stuff is not even created in the US or is owned by other Governments.

 

The US Army is the worse offender, and I am glad that the Obama Administration wants to drive funding away from the Army and put towards the least wastful Air Force and Navy/Marines.   As an employee of a DOD contractor, I know that it takes one DOD civilian representative to get the job done in the Airforce, but it takes 10 civilian reps in the Army.

 

A historical example is the US Army development of the Apache attack helicoptor.   This thing was not designed to fight in the Iraq Dessert in the first gulf war, and for every 2 hours of flight required 14 hours of maintenance.  It required heavy modifications to overcome that.

 

The US Army had the guts to waste even more money on a "Steath" ???? attack helicopter, the Commanche, that wasted billions and was finally cancelled.  The US Marines still use the same general airframe from the Cobra attack helipcopter from the 1960s.  They just mainatin refits and upgrade, and now the Super Cobra will be further upgraded.

Mar 15, 2012 10:19AM
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cut off all foreign aid (especially Israel.)
Mar 15, 2012 12:10PM
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"On Jan. 17, 1961, President Dwight Eisenhower gave the nation a dire warning about what he described as a threat to democratic government. He called it the military-industrial complex, a formidable union of defense contractors and the armed forces." 

 

Our young men and women (soldiers) are the human chattle burned on the fires of corporate profits.  Removing the fear of conscription has also removed the societal reluctance to engage in war into another element of corporate profitability. (Blackwater/Xi)  Mercenaries + stop-loss contracts = war-slaves.  We are so surprised when a married father of two on his third/fourth tour of duty goes on a rampage and kills 16 civilians. 

 

Now those military-industrial corporations are granted 1st Amendment rights to spend without limit to further solidify their political control and keep the money flowing. 

Mar 15, 2012 12:04PM
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war is peace

 

igrorance is strength

 

slavery is freedom

 

America's  new golden rules

 

Apr 30, 2012 11:14PM
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Pretty sad that we have to spend billions "defending" our country from the threat of third world nations that can barely feed themselves.  Too bad the Soviet Union collapsed.  At least THEY posed some kind of threat!  Maybe we can aggravate China into a real confrontation...maybe not, we owe them money for the last two wars!
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