"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
Showing posts with label warmongers. Show all posts
Showing posts with label warmongers. Show all posts
Thursday, October 12, 2023
The military-industrial complex is an utterly demented, depraved system
Including the pathological arrogance and shamelessness of it all.
Saturday, December 11, 2021
The real roots of the Ukraine problem
This article steps back and analyzes the big picture, like it or not. Which is not what corporate media does.
More importantly, the media fail to mention U.S. responsibility for the current tempest, which can be attributed to the administrations of Bill Clinton and George W. Bush that unwisely expanded NATO, bringing Russia’s immediate neighbors and even former Soviet republics into an alliance that now has 30 members. NATO expansion is the major irritant in Russian-American relations and the leading cause of what appears to be the start of a new Cold War. Gorbachev’s willingness to accept German reunification without security guarantees explains the Russian vilification of Gorbachev and Foreign Minister Shevardnadze to this day. U.S. wholesale exploitation of Russian weakness in the 1990s explains Putin’s adamant insistence on calling a halt to the Western advance.
The United States has taken additional gratuitous steps on Russia’s doorstep over the past two decades. The administrations of Bush and Obama deployed an advanced surface-to-air missile system in Poland and Romania, arguing that it was needed to counter a possible Iranian missile attack in Eastern Europe. Such nonsense! The U.S. and British navies continue to deploy naval combatants in the Black Sea that threaten to enter Russian territorial waters. Various NATO members in East Europe and the Baltics are requesting additional Western military systems as well as a permanent U.S. military presence. The presence of Germany military forces in the Baltics is a particular affront to Russia’s legitimate concerns about its safety and sovereignty.
President Joe Biden appears no wiser than his four predecessors. - CounterPunch
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