"War is good for business."
That's what one defense executive said at a London arms conference last month, and what the stock market reflected on Monday, as Israel blockaded and bombarded the Gaza Strip—bombing the occupied Palestinian territory's main university, residential buildings, a refugee camp, and a major hospital—in response to Hamas' weekend attack that killed hundreds of Israelis.
The United States, which already gives Israel $3.8 billion in annual military assistance, is now preparing to send additional weaponry and other support. Meanwhile, the stocks of U.S. and European firms that make money off of war soared on Monday.
U.S. companies including Lockheed Martin, Northrop Grumman, and RTX—previously known as Raytheon—were all affected, as were top British, French, Germany, and Italian firms, according toThe Wall Street Journal. - Common Dreams
Thursday, October 12, 2023
The military-industrial complex is an utterly demented, depraved system
Including the pathological arrogance and shamelessness of it all.
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