Wednesday, April 2, 2008

The Pentagons Weapons Surge

While veterans are being denied the health care they earned and are sleeping on the streets.

Never even mind the unmet and unfunded needs of the American people!

If I have to be brow-beaten by SUPPORT the TROOPS one more time, I'm gonna puke!!!

Readers!


"Pentagon's weapon spending surges to $1.6 trillion in 2007"

"WASHINGTON, April 1 (Xinhua) -- The U.S. Defense Department's spending on weapon systems has surged to 1.6 trillion dollars in 2007, doubling from 790 billion dollars in 2000, said a congressional report released on Tuesday.

According to the report by the Government Accountability Office(GAO), the acquisition costs were 26 percent higher than the original estimates in 2007, and the spending on research and development were 40 percent over the budget.


Despite the higher-than-budget cost, about 72 programs were still falling behind schedule by averagely 21 months, including fighter jets, combat ships and satellites, the sixth annual report on the Pentagon's weapon programs.

Yup, OVER BUDGET and BEHIND SCHEDULE!!

Translation: WAR PROFITEERING!!!

However, the Defense Department, whose personnel and budgets have been strained by the Iraq war and Afghanistan war, still plans to invest about 900 million dollars over the next five years in weapon systems' development and procurement, it added...."