Gene Clancy, Workers World
Submitted by Evergreene Digest Contributing Editor John Stoltenberg
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September 12, 2012 | The United States military-industrial complex tripled its arms sales last year as it sold $66.3 billion in weapons overseas in that 12-month period. This accounted for nearly 78 percent of all global arms sales in the world, which rose to a record $85.3 billion in 2011.
The U.S. clearly remained the world’s leading arms supplier, with nearly all other major suppliers seeing declines in 2011, according to the Congressional Research Service’s annual report to Congress. These other suppliers are barely significant in comparison with the U.S. Russia, which was second highest, had only $4.8 billion in sales.
10 companies profiting most from war, Michael B. Sauter and Charles B. Stockdale, 24/7 Wall St. / MSN Money
Thanks to Evergreene Digest reader Charlie Bloss for this contribution
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.
But What About the Other 1 Percent: the Veterans? Dan Froomkin, Huffington Post