$300 Billion Down the Tubes: Shocking Wasteful Spending on Weapons Systems (dollars, money)

[Mach50]

The Pentagon spends hundreds of billions of dollars on weapons systems, but our troops still aren't getting what they need. It's a scandal of enormous proportions that involves deceptive corporations and complacent government officials. But the biggest problem of all is that the people in Washington who could fix it continue to ignore it.

Video here:
The $300 Billion Betrayal | American News Project (http://newsproject.org/node/71 - broken link)

[NewToCA]

Actually, this has extensively been discussed in here just a couple of months ago:

//www.city-data.com/forum/polit...-overruns.html

http://www.washingtonpost.com/wp-dyn...033102789.html

[k350]

The thing is, its not shocking.

The DOD is very wasteful, I have seen it for myself on the micro level. They will come up with an excuse to justify spending on anything.

Look at the lame missile defense system. We want to place it in Europe to protect Europe, but yet for some reason we have to convince Europe to place it on their soil? Who ever even invited us in the first place and why are we spend money to protect a continent thats has a GDP as a whole higher than we do?