One wee step for man Nov 16, 2008
That's less than 1 per cent of annual world military spending, $6 billion less than NASA's 2009 budget or about what Europeans spend on ice-cream each year. Yet the project is so far off the pace that on current progress in sub-Saharan Africa the target won't be met until 2076, New Internationalist magazine reported recently. (Sydney Morning Herald -- Opinion)
Will Washington's Stimulus Plan Work? Nov 16, 2008
Pretty much any kind can work--what finally put a definite end to the Great Depression was military spending in World War II. But some kinds are more effective than others. For the past eight years, tax cuts have been the favored means of pumping up the economy. (Time.com)
The World Looks to Obama Part II Nov 15, 2008
That might be unrealistic, as China continues its annual double-digit increased in military spending and increasingly competes with the US for soft power and influence around the world. But for now, the two nations economies remain interdependent, and their relationship remains one of the most important in the world. (YaleGlobal Online Magazine, CT)
Chambliss, Martin Face Buckley Endorsement Test Nov 15, 2008
Analyze military spending with an eye toward cutting costs and improving efficiency. 3. (Newsmax)
Obama makes history Nov 14, 2008
patrick wrote on Nov 6, 2008 3:55 PM:" . Pull out Now you all say lets all come together. What if McCain had won would you still insist on the same?(Thats a rhetorical question by the way)My guess is probably not. You would just bash McCain and say that he stole the election. I am curious as to what is ahead for our safety. Cut military spending during a time of war...sound like a bad idea to meleaving a job half donethat must be the new American way. Not the way intended of Americas founders... (Montrose Daily Press, CO)
Obama not first president to face hard economic choices Nov 14, 2008
He proposed tax cuts, while beefing up military spending. The economy took off. (Atlanta Journal-Constitution -- Business)
Representative Failure Nov 13, 2008
They will consider cutting military spending, not by bringing troops home or shrinking overseas commitments but by eliminating weapons systems. Democratic leaders will probably avoid reviving anything as sweeping as Hillary s healthcare plan or Bush s amnesty, but expect miniature versions of both to fly beneath the radar. (The American Conservative)
Jerry Jackson: Post election thoughts Nov 13, 2008
Hal Feinstein wrote on Nov 12, 2008 1:54 PM:" It doesn't help your case, except among the ignoramuses, to set up a make-believe boogyman (Obama is a socialist, he's gonna cut military spending 25%... Where do you get this crap? He's a mainstream Democrat) and then attack it. Instead of attacking Obama's actual ideas.Regarding Al Franken... Oooh, he used dirty words! Oooh, he must be a really, really bad person! Grow up!You're not a conservative... you're a right-wing nut. ". Mike wrote on Nov... (Heber Springs Sun-Times, AR)
Obama plan will breathe fresh air into renewables Nov 13, 2008
It's certainly going to be challenging to convince a majority of US legislators to direct substantial funds away from military spending towards alternative energy. Having just dished out $700 billion to bail out its banking system, the US has to manage a budget deficit that annually approaches $500 billion at the same time as tax receipts contract in a slowing economy. (Business Report, South Africa)
What Will the Defense Budget Be Like Under Obama? Nov 12, 2008
Also, much of the 2009 budget for the Department of Defense is in place, making it difficult for President-elect Barack Obama to drastically affect military spending. He couldn't impact, in a massive matter, the landscape, said McAleese. (Fox News)
I-Team: Flight of the Predator Nov 12, 2008
With staff and technology and four planes, the Predator unit costs $30 million, a drop in the bucket for military spending. Captain Slack says while she enjoys her work, she wouldn't mind getting back into the F-16 at some point. (KLAS-TV.com, NV)
Valley forum (24) Nov 12, 2008
Military spending and the enormous cost of the war has displaced spending on other priorities, spending which generate jobs and incomes for just those industries that are eroding. Last year the federal government spent over 570 billion on the military. (Sonoma Index-Tribune, CA)
Arms race, uneasy peace in Sudan Nov 12, 2008
In the south, the parliament voted to double its budget to cover military spending, and the north spent 20 percent of its budget on the military ... Last month, the southern parliament voted to nearly double its 2009 budget to cover military spending. (Christian Science Monitor)
El Pasoans Disagree With Proposed Military Cuts Nov 12, 2008
Department of Defense planners believe they will have to make some cuts to military spending ... Some Democrats who are on board with a military spending cuts would call for the withdrawal of troops from Iraq. (KFOXTV.com, TX)
LETTERS: NCT, Nov. 9, 2008 Nov 10, 2008
HotJobs Local Search. Why McCain lost the election. (North County Times)
Accident on Russian nuclear sub suffocates 20 Nov 10, 2008
Despite a major boost in military spending during Vladimir Putin's eight years as president, Russia's military is still hampered by decrepit infrastructure, aging weapons and problems with corruption and incompetence. Illarionov said the accident appeared to reflect the loss of crucial skills in conducting sea trials. (Washington Daily News, NC)
20 people killed in Russian nuclear sub mishap Nov 10, 2008
Despite a major boost in military spending during Vladimir Putin's eight years as president, Russia's military is still hampered by decrepit infrastructure, aging weapons and problems with corruption and incompetence. Mr. Illarionov said the accident appeared to reflect the loss of crucial skills in conducting sea trials. (Globe and Mail)
NYT: Obama team weighs issues to take on first Nov 9, 2008
Several Obama advisers cited Reagan, who concentrated his early efforts on pushing through major tax cuts and increased military spending. But advisers also worry that putting off sweeping initiatives makes them harder to pass later, when a presidents mandate and momentum have faded. (Huntington WSAZ-TV, WV)
Election 2008 Letters (Oct. 21) Nov 9, 2008
But he still wants tax breaks for the rich, to cut your Social Security, Medicare and Medicaid benefits and has voted against bills that would help veterans, while voting for wars and their military spending ( 10 to 12 billion a month in Iraq). McCain keeps spending: planes he crashed, billions on an illegal war, inflated budgets. (Corvallis Gazette Times, OR)
Taiwan 'tests new cruise missile' Nov 9, 2008
The news comes days after China announced a major hike in military spending and the Taiwanese president gave a strong pro-independence speech. Tensions will not be eased by news that Taiwan's strongly pro-independence vice president plans to run for president. (Yahoo News -- Taiwan)
Taiwan 'tests missile capable of hitting China' Nov 9, 2008
On Sunday, in advance of Congress opening, and while total military spending in China is unclear, the figure almost certainly reflects a major modernisation drive. Of particular concern to Taipei is the rapidly increasing number of missiles stationed in the mainland province of Fujian immediately opposite Taiwan, a figure believed to be about to hit 1,000. (Yahoo News -- Taiwan)
Taiwan 'tests missile capable of hitting China' Nov 8, 2008
On Sunday, in advance of Congress opening, and while total military spending in China is unclear, the figure almost certainly reflects a major modernisation drive. Of particular concern to Taipei is the rapidly increasing number of missiles stationed in the mainland province of Fujian immediately opposite Taiwan, a figure believed to be about to hit 1,000. (Yahoo News -- Taiwan)
Are we on the verge of an unprecedented shift of power? Nov 7, 2008
" Those who wish to harm us, despise our country, way of life, our quality of life! I foresee Obama pulling us out of Iraq which is fine, pulling us out of Afghanistan, letting the drug countries flourish. I See Obama doing Nothing to prevent IRAN and N. Korea from using Nuclear weapons. I see Obama not standing up to Russia or China! The Democratic Party is a "Pacifist" Party and we saw that in the 60's era! No Obama will ensure we NEVER use our military and most likely will reduce our military... (Lodi News Sentinel, CA)
Obama pushed for stimulus Nov 6, 2008
DEFENSE: Obama has promised to not cut the defense budget for the first 18 months, which could provide a boost to government contractors that rely on military spending. HEALTH CARE: Obama has said he would reduce subsidies to insurance companies that offer "Medicare Advantage" plans by about $150 billion over 10 years. (The Clarion-Ledger)
Canada quietly adjusts to Obama's agenda Nov 6, 2008
Some of the issues that earned credit with Mr. Bush's administration, such as increased military spending, and Canada's role as a staunch NATO ally in Afghanistan, will still be appreciated in Washington, as Mr. Obama has pledged to make that mission a priority. But a bigger Canadian concern will be a Democratic president backed by a heavily Democratic Congress riding a wave of protectionism fuelled by economic recession. (Globe and Mail)
Change for contractors Nov 6, 2008
Arizona defense contractors aren't likely to see a large-scale decrease in military spending under a Barack Obama administration, but it won't be business as usual. Arizona companies prospered by the military ramp-up of the Bush administration that brought the state more than $9 billion a year in new defense business. (AZCentral -- Business)
Caterpillar, WellPoint May Be Winners, Delta, Pfizer Losers Under Obama Nov 6, 2008
If you want to talk about a stimulus package, the defense budget's not bad and obviously a lot of jobs around the country depend'' on military spending. Airlines. (Bloomberg)
Obama May Lift Solar, Infrastructure Firms Nov 6, 2008
These sectors could get hit by higher taxes (oil/gas), stricter regulation (managed care, pharmaceuticals) and reductions in military spending (defense). Meanwhile, possible trade restrictions could affect a wide swath of multinationals and exporters. (Investors Business Daily)
Japan's WWII legacy Nov 6, 2008
Yet that perception is common across the Far East and South-East Asia, where Beijing's sharply rising military spending is a cause for disquiet. In fact, as prime minister, Mr Aso has courted both China and South Korea, offering to host a three-way summit in the southern city of Fukuoka. (BBC News -- Asia-Pacific)
Kenoi leads race for Big Island mayor Nov 5, 2008
Business leaders tended to be leery of Pilago's rhetoric, which suggested he would be less likely than Kenoi to support proposals for new development, growth in the tourism industry or increased military spending. On the tactical level, Pilago also apparently failed to win over voters who supported state Sen. (Honolulu Advertiser)
Talk or I restart war, Congo rebel tells government Nov 5, 2008
Masangu listed the humanitarian crisis in the east, and the pressures of military spending, as economic risks. Rebel chief Nkunda said the negotiations he sought with the government should focus on "good governance and security". (AlertNet)
Taiwan 'tests new cruise missile' Nov 5, 2008
The news comes days after China announced a major hike in military spending and the Taiwanese president gave a strong pro-independence speech. Tensions will not be eased by news that Taiwan's strongly pro-independence vice president plans to run for president. (Yahoo News -- Taiwan)
Obama May Expand U.S. Defense Spending Further, Lifting Lockheed, Northrop Nov 5, 2008
Military spending can act as an economic stimulant during the financial crisis, Defense Secretary said in an Oct. 21 interview ... If you want to talk about a stimulus package, the defense budget's not bad and obviously a lot of jobs around the country depend'' on military spending. (Bloomberg -- US)
Statehouse Roundup -- Fallout from a senator Nov 5, 2008
The consistently quotable Frank last week increasingly served as a target for the McCain/Palin campaign, with his calls for new taxes and reduced military spending. Loading commenting interface. (Marshfield Mariner, MA)
Health care, defense poised to weather recession Nov 4, 2008
Military spending has soared about 40 percent during the Bush administration, pushing up the stocks of General Dynamics Corp. and its competitors. The company's chief executive, Nicholas Chabraja, has pointed to General Dynamic's backlog of orders totaling 60. (Rensselaer Republican, IN)
PAPER: The Left taking revenge worldwide... Nov 4, 2008
" So it wasn't the devil that made you abuse credit. I was wicked right of center government? Shash Nahalin on November 03, 2008 at 06:36 PM The idea that job creation in the US during the Clinton years had anything to do with Clinton is overblown. Whenever a new and foundational infrastructure technology appears, the reaction of Capitalism is to throw massive amounts of investment capital at it. This occurred with automobiles, with electricity, and in the Clinton years with the Internet. The... (The Drudge Report)
Discuss » Nov 4, 2008
I am more worried about Barney Frank talking about reucing the military spending by 25% this could leave this country open for another attach ... Military Spending Military expenditure will experience draconian decreases ... Barney Frank has already called for a 25% cut in military spending. (Atlanta Journal-Constitution)
Obama's Defense Cuts Breathtakingly Naive Nov 4, 2008
has called for a 25 percent cut in military spending which he said will get the U.S. out of Iraq sooner and will force the Pentagon to reprioritize its weapons requirements. We don t need all these fancy new weapons, Frank said. (Human Events Online)
Election to benefit some industries, harm others Nov 4, 2008
After years of record Pentagon budgets, defense companies such as Lockheed Martin Corp. and Raytheon Co. face the prospect of slowing military spending. Big budget deficits are projected to worsen due in part to the financial bailout package approved by Congress. (San Diego Union-Tribune -- Business)
What do you think of Georgia's new early voting, and did you take advantage of the convenient alternative? Nov 4, 2008
Our soon to be Vice President Sarah Palin is conservative in that she is pro life, marriage, guns, low taxes, low government spending, small government, unintrosive government, traditional and judeo Christian values, Bible reading and prayer in our public schools, and military spending. She is also pro free and private enterprize. (Clayton Tribune, GA)
Alaskans doing well (1) Nov 3, 2008
If military spending is included, Alaska gets 4. 81 back for every 1. (Green Valley News & Sun, AZ)
Anticipating cuts in military spending, budget planners sharpen their pencils Nov 3, 2008
Even before the crisis on Wall Street, senior Pentagon officials were anticipating little appetite for growth in military spending after seven years of war ... Both have said they would protect the overall level of military spending; McCain has further pledged to add more troops to the roster of the armed services beyond the 92,000 now advocated by the Pentagon, a growth endorsed by Obama ... Some critics, citing the increase in military spending since Sept. 11, 2001, say it would be much easier... (International Herald Tribune)
* Japan fires air force chief for World War II viewpoint Nov 2, 2008
Though an outspoken critic of Chinas military spending, Aso has attempted to continue the thaw in relations between Tokyo and Beijing. This story has been viewed 324 times. (Taipei Times, Taiwan -- World)
SCRIPPS HOWARD NEWS SERVICE NEWS BUDGET Nov 2, 2008
Another sort of military spending soars. Check on eavesdropping. (Scripps Howard News Wire)
Election 2008 Letters (Oct. 21) Nov 2, 2008
But he still wants tax breaks for the rich, to cut your Social Security, Medicare and Medicaid benefits and has voted against bills that would help veterans, while voting for wars and their military spending ( 10 to 12 billion a month in Iraq). McCain keeps spending: planes he crashed, billions on an illegal war, inflated budgets. (Corvallis Gazette Times, OR)
Cut Military Spending? Nov 1, 2008
Washington Missouri - Cut Military Spending ... Cut Military Spending ... Barney Frank came out with a plan by the Democrats to cut military spending by 25 percent. (Missourian Publishing, MO)
* Johnny Neihu's Mailbag Nov 1, 2008
Without that credibility, the KMT would get kicked out on election day X assuming there are more to come X while the Chinese would need to increase police and military spending to cope with the riots of the landless, jobless and mirthless. The irony is that both parties are enslaved to ideological trappings (even if most dont really believe in them) and struggle to move forward when these trappings and economics clash. (Taipei Times, Taiwan -- World)
Do You Really Want This Job? Nov 1, 2008
Perhaps a way to handle military spending is to point out that the country is aging and must find ways to spend not much more than a quarter of our incomes on federal spending. If the nation is weak economically, we will become weak politically and militarily. (YaleGlobal Online Magazine, CT)
David Brooks: A national mobility project Nov 1, 2008
Congress and the president have thrown hundreds of billions into stimulus packages, domestic programs, military spending and other initiatives. Total federal spending is growing at a 13. (International Herald Tribune)
Election '08: On Foreign Policy, It's Ace Vs. Amateur Nov 1, 2008
Obama's focus on personality also may affect the sinews of U.S. power his congressional allies are proposing cutting military spending by 25. With no military to back his plans, it's naive to think personality will trump a capacity to project power abroad. (Investors Business Daily)
Obama Beats McCain in Defense Contributions Nov 1, 2008
Traditionally, GOP candidates who tend to favor higher military spending than their Democratic rivals receive more donations from defense-company political action committees and employees. You might expect the tilt in McCain's favor to be even steeper than normal, given his 23-year Navy career including nearly six in a Hanoi prison. (Time.com)
Asian focus, no matter the victor Oct 31, 2008
Welcome to The Sydney Morning Herald. Illustration: Rocco Fazzari. (Sydney Morning Herald -- Opinion)
FOXBusiness: Economy Contracts 0.3% in Third Quarter Oct 31, 2008
8% in the quarter, primarily because of military spending. The economy is in recession, said Ian Shepherdson, chief U.S. economist with High Frequency Economists. (Fox News)
An election on socialism, without a socialist Oct 31, 2008
Above all, its military spending fuels its economy, and has for generations. Bank bailouts fit like a hand in a glove. (Globe and Mail -- International)
China's troops on long march in Aussie wool Oct 31, 2008
CHINA'S ambassador to Australia, Zhang Junsai, yesterday laid part of the blame for his country's increasing military spending on its efforts to provide better uniforms for its army - and high Australian wool prices. Speaking at an Australian Strategic Policy Institute lunch, he became enlivened when asked whether China's rising defence budget was causing other countries in the region, such as India, to increase their military spending ... The Pentagon has accused China of not being transparent... (Sydney Morning Herald -- Australia)
51 comments Oct 31, 2008
Political opponents also criticize Obama's move to cut military spending in the face of Russian expansionism in Ukraine and Lithuania. The war in Afghanistan continues unabated, with critics claiming that troop levels have not been raised significantly since Obama entered office. (Human Events Online)
France seeks to preserve global role Oct 30, 2008
PARIS - The French government decided yesterday to increase military spending by an average of $1. 8 billion a year as part of an effort to field a trimmer but better equipped army to safeguard France's role in world affairs. (Boston Globe)
McCain, GOP gain ground on Obama ads in key states Oct 30, 2008
The ad warned that Obama would slice military spending, endangering jobs in the state. "America's safety depends on Virginia," the ad states. (Atlanta Journal-Constitution)
Go, Ted, go John Oct 30, 2008
Barney Frank reveals some details to help defray some of the costs of the stimulus plan, military spending will be cut by 25%, thus strengthening Americas protection against terrorists worldwide, and enhancing our negotiating power with rogue states such as Russia and Iran. (No, of course that makes no sense, but this is democrat logic. (Atlanta Journal-Constitution)
Edit: Stop The Slide Oct 30, 2008
This leaves Islamabad with little option other than to approach the IMF. Which, reportedly, wants Pakistan to cut its military spending by as much as a third in order to be eligible for a loan. Such cuts, of course, will be anathema with Pakistans powerful military. (India Times, India)
US fell off the moral high ground Oct 29, 2008
The US defence budget accounts for an unprecedented 40 per cent of global military spending, but used alone it is a destructive force. The result is that others run their own race. (Sydney Morning Herald -- Opinion)
Analysis: Decision likely to help Democrats seeking Senate seats Oct 29, 2008
And while some power perches came and went over the years as his party gained and lost its majority, he wielded enormous control for 20 years over the Pentagon's budget as the senior GOP member of the subcommittee with jurisdiction over military spending. Witnesses at his trial described him as a man of character. (Juneau Empire)
* PRC is changing military balance Oct 29, 2008
According to Mark Helprin in a speech given to the Hoover Institution, a country with restrained population increases and a high rate of economic expansion can over time dramatically improve its material lot while simultaneously elevating military spending almost beyond belief ... Even though its actual military expenditure is not apparent, it is certain internationally that China significantly under-reports its military spending ... The US Department of Defense estimates Chinas military... (Taipei Times, Taiwan -- World)
U.S. intelligence agencies face austerity Oct 29, 2008
When the military spending is included, the new figure confirms that the American intelligence budget has doubled over the past decade, primarily to meet the demands of wars in Iraq and Afghanistan and a worldwide campaign against Al Qaeda. In 1998, the last time the intelligence budget was publicly disclosed before a 2007 law made it mandatory, it stood at $26. (International Herald Tribune)
Democrats Form Battle Plan as if Obama Has Won Oct 29, 2008
Frank has declared that he wants a 25 percent cut in military spending, a tax hike on the wealthy, help for state healthcare expenses, food stamps, and extended unemployment benefits, according to the prestigious Washington-based think tank. The report comes on the heels of House Speaker Nancy Pelosis recent declaration that Democratic leaders have been working closely with the Obama campaign on a new economic plan. (Newsmax)
