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Old 11-04-2011, 05:50 AM
 
Location: The Republic of Texas
78,863 posts, read 46,654,236 times
Reputation: 18521

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The Department of Defense, wary of a possible $600 billion cut that could take place under the Budget Control Act, is working to map spending trends throughout the United States’ vast military-industrial complex.


The default cut will kick in if the Congressional supercommittee is unable to pinpoint $1.5 trillion in Federal spending cuts by Nov. 23.


“Cuts of this magnitude would be catastrophic to the military,” Army Chief of Staff Gen. Raymond T. Odierno has told House members. “In the case of the Army, it would significantly reduce our capability and capacity to assure our partners abroad, respond to crisis and deter our adversaries while threatening the readiness and potentially the all-volunteer force.”



Defense Department To Justify Spending By ‘Mapping’ Military-Industrial Complex : Personal Liberty Digest
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Old 11-04-2011, 05:57 AM
 
Location: West Coast of Europe
25,947 posts, read 24,756,050 times
Reputation: 9728
Nobody wants to lose funds, the same goes for all the other branches as well. They have all gotten used to the endless supply of billions of dollars...
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Old 11-04-2011, 06:19 AM
 
Location: The Triad
34,092 posts, read 83,010,632 times
Reputation: 43666
Quote:
Originally Posted by BentBow View Post
The Department of Defense, wary of a possible $600 billion cut that could take place under the Budget Control Act, is working to map spending trends throughout the United States’ vast military-industrial complex.
This is not a bad thing.
We've had the warning for over 50 years.

The speech.

Quote:
Originally Posted by Ike
In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.
The video:

Eisenhower warns us of the military industrial complex. - YouTube
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