This is a BBC documentary on the business of war. The 20th century has seen the proliferation of weapons of all kinds. The innovation behind it is startling. More frightening is how the military corporations profit so much from war. Documentary traces the history of the militarization of America via these military corporations from WW2 onwards.
President Eisenhower termed it as the military industrial complex (MIC). MIC must create wars to continue the growth of it’s business to maintain profitability. Are wars about fighting for freedom, democracy and our way of life? Or is it about MIC trying to sell more weapons, test new weapons, expand their business, increase their sales? Good documentary!
- Snippets :
- The war in Iraq had nothing to do with the war on terrorism. There was a huge leap, a manufactured leap, in order to implement a very calculated and pre-developed foreign policy.
- They (Japanese in WW2) were trying to surrender all that summer (1945). Truman wouldn’t listen. Because Truman wanted to drop the Bombs (Atomic Bombs) to show off. To frighten Stalin. To change the balance of power in the world. To declare war on communism. Perhaps we were starting a preemptive World War.
- Eisenhower hated the dropping of the atomic bombs and thought it should not been done. Eisenhower wished we had not invented the atomic bomb.
- Eisenhower – Modern weapons take food from the hungry and shelter from the homeless. He was fighting with the Pentagon all the time.
- Eisenhower - Watch out for the Military Industrial Complex!
- John McCain – President Eisenhower’s concern about the Military Industrial Complex. His words have unfortunately come true. He was worried that priorities are set by the benefits to corporations as oppose to what benefits the country.
- Profits (for MIC) went up last year well over 25%. When war becomes that profitable you are going to see more of it.
- We have been lied to in every military escapade, frankly over the last 50-60 years. Without exception, there is no better example probably than Vietnam, where you had the president of the United States and the top generals in the Pentagon out and out lying about the Gulf of Tonkin incident and got us into the war.
- Anyone who has ever looked closely at the Vietnam war can see that the public and the media were manipulated substantially.
- Control of oil is indispensable. When you run out of it your army stops.
- We made a puppet out of Saddam Hussein who was a friend of ours. He was a CIA asset. We did so because he was Anti Iranian. We supported Saddam Hussein with weapons and intelligence when he was losing the war against Iran.
- These guys were manipulating public opinion, creating falsehood, fantasies to inspire fear in the American people so that they could have their war.
- If you join the military now you are not defending the United States of America. You are helping certain policy maker pursue an imperial agenda.
- The war in Iraq had nothing to do with the war on terrorism. There was a huge leap, a manufactured leap, in order to implement a very calculated and pre-developed foreign policy.
- Daniel 7 :
9 ‘The fourth beast shall be
A fourth kingdom on earth,
Which shall be different from all other kingdoms,
And shall devour the whole earth,
Trample it and break it in pieces.
- Daniel 11 :
37 He shall regard neither the God of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all.
38 But in their place he shall honor a god of fortresses; and a god which his fathers did not know he shall honor with gold and silver, with precious stones and pleasant things.
39 Thus he shall act against the strongest fortresses with a foreign god, which he shall acknowledge, and advance its glory; and he shall cause them to rule over many, and divide the land for gain.
“Permit me to issue and control the money of a nation, and I care not who makes its laws.” – Amschel Mayer Rothschild 1773-1855
“I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.” – Nathan Mayer Rothschild 1777-1836
- Conspiracy theorists say that an Illuminati Banking cartel rules the world. Are they right in asserting this ? In this post I will explore what conspiracy theorists and others say about this and the military industrial complex.
- The above quote is fascinating, in part because the Rothschild name is deeply tied to banking and central banks for many centuries. David Allen Rivera asserts in The House of Rothschild :
No other name has become more synonymous with the Illuminati than the Rothschilds. It is believed that the Rothschild family used the Illuminati as a means to achieving their goal of world-wide dominance.
American and British Intelligence have documented evidence that the House of Rothschild, and other International Bankers, have financed both sides of every war, since the American Revolution. Financier Haym Salomon, who supported the patriots during the American Revolution, then later made loans to James Madison, Thomas Jefferson, and James Monroe, was a Rothschild agent. As explained earlier, during the Napoleonic Wars, one branch of the family funded Napoleon, while another financed Great Britain, Germany, and other nations. Their boldest maneuver came prior to the Civil War.
There seems to be little doubt that the Rothschilds continue to influence the world economy, and it is known that they are squarely behind the movement to unite all the western European nations into a single political entity, which is just another step towards one-world government.
- Another quote by Paul Warburg is even more fascinating :
“We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.” -James Paul Warburg, whose family co-founded the Federal Reserve – while speaking before the United States Senate, February 17, 1950
- So conspiracy theorists do have some factual basis in what they say. Rob Kirby in Whether Or Not We Like It :
First, for the uninformed, in America the name “Warburg” is and always has been synonymous with Central Banking. The Warburg family name is inextricably linked to ‘old world banking’ in Europe as well as being one of the prime architects of the formulation and passage of the Federal Reserve Act in 1913;
“Paul Warburg became known as a persuasive advocate of central banking in America, in 1907 publishing the pamphlets “Defects and Needs of Our Banking System” and “A Plan for A Modified Central Bank”. His efforts were successful in 1913 with the founding of the Federal Reserve System. He was appointed a member of the first Federal Reserve Board by President Woodrow Wilson, serving until 1918.”
Second, after careful analysis and consideration, it is very apparent that the dogmatic pursuit to inflict private, for profit, Central Banking upon the masses is consistent with [if not synonymous with] the clearly stated goal of Paul Warburg; that of World Government.
- A 1 world government in itself is neither good or bad. The worry is when it becomes fascist and dictatorial.
- President Dwight Eisenhower has this advice in his farewell speech to America in 1961 warning about the Military Industrial Complex :
…Until the latest of our world conflicts, the United States had no armaments industry. American makers of plowshares could, with time and as required, make swords as well. But now we can no longer risk emergency improvisation of national defense; we have been compelled to create a permanent armaments industry of vast proportions. Added to this, three and a half million men and women are directly engaged in the defense establishment. We annually spend on military security more than the net income of all United States corporations…
…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…
- Major General Smedley D. Butler, in WAR IS A RACKET says :
WAR is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small “inside” group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.
Millions and billions of dollars would be piled up. By a few. Munitions makers. Bankers. Ship builders. Manufacturers. Meat packers. Speculators. They would fare well. Yes, they are getting ready for another war. Why shouldn’t they? It pays high dividends.
- Rob Kirby again :
The military-industrial complex has no greater champion than the parasitic institution of banking, and for painfully obvious reasons; the staggering amount of money spent on this edifice – more than the net income of ALL U.S. corporations – is exclusively BORROWED.
Forever mortgaging our children’s futures further entrenches the blood-sucking dominance and control that finance exerts over the productive or real economy until finally, left unchecked, the parasite kills the host.
- What about the new Obama administration? What are their priorities? Chris Floyd comments in Enduring Priorities in an Age of Change: War and Profits Over People :
At the same time, he promises to expand – to expand – the multitrillion-dollar war machine that has literally bled the nation dry. He wants to expand a military-industrial-security complex that already devours more money and resources than every other military force on earth combined. He wants more troops, more weapons, an ever-increasing “global strike capability,” an escalation of the endless, pointless “War on Terror” in Afghanistan and Pakistan (for starters). He has never said a single word about “curbing government spending” on this vast conglomerate of death and destruction. He has not said a single word about rolling back even a few of American military outposts that in their several hundreds now cover the entire globe. At every point, it seems, government spending on the war machine – including the tens of billions of dollars spent in secret each year on the various tentacles of the “national security” apparatus – will be increased under the Obama administration.
The president-elect has made his fundamental priorities clear – for anyone who wants to see them. The war machine and the financial markets will continue to be gorged and comforted in their wonted manner. Programs to help ordinary citizens, programs to enhance the quality of life for individuals and the well-being of society, will be the first – perhaps the only – areas to feel the budget axe. Whatever you may think of the efficacy of such programs, this ordering of priorities — war and profits over people — bespeaks the same depraved sensibility that has prevailed for generations in Washington. It is the same old rancid swill in a stylish new container.
- Change we can accept or more of the same ? For the people or for large military corporate interests? His actions speak louder than his rhetoric.
- Famous quotes on Central Bankers :
“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”
– The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
- Thomas Jefferson
“The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson. History depicts Andrew Jackson as the last truly honorable and incorruptible American president.”
- Franklin D. Roosevelt
- We may never know for certain the history of the Illuminati or the Rothschild family. What is certain is that prominent people throughout history has warned us about Central Banksters and the Military Industrial Complex. Draw your own conclusions.
- Paul Craig Roberts served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as the “Father of Reaganomics”. He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. (wikipedia)
- Paul C. Roberts is a Washington insider. He knows what he is talking about. Having served as Assistant Treasury Secretary his views on the current meltdown is definitely worth listening to.
- Paul C. Roberts explains in Our Collapsing Economy :
Yes, “our” government lies to us about economic statistics, just as it lies to us about “terrorists,” “weapons of mass destruction,” “building freedom and democracy in the Middle East,” and the Israeli-Palestinian conflict. An objective person would be hard pressed to find any statement made by the US government that is reliable.
The collapse of the job market means even harder times for last year’s and this year’s crops of college graduates. The offshoring of professional jobs and the widespread use by US corporations of H-1b, L-1, and other work visa programs for foreigners have left many recent American university graduates without careers.
- George Bush lied about 9/11 and WMD in Iraq! Does this surprise you? Many still find it unbelievable that 9/11 could be an inside job. False flag operations have always been used as a deception ploy to get the populace to support untenable wars.
- Sun Tsu, in the Art of War, says : All warfare is based upon Deception! Israel’s Mossad’s (Secret Service) motto is : ‘By way of deception, thou shalt do war.
- Will the American public agree to go to war based upon : Let’s invade Iraq because they have the 3rd largest oil reserves in the world !?
- Paul Roberts again :
Where were America’s leaders while the economy slipped over the precipice? Our leaders were telling us lies in behalf of special interests into whose pockets Washington was pouring the taxpayers’ money. Our leaders engineered wars that put billions of dollars into such disreputable pockets as Halliburton’s, the firm of the American outlaw, Dick Cheney, and into Blackwater, supplier of the overpaid mercenaries that the Bush Regime uses to beef up its military force in Iraq. Some of the taxpayers’ billions, of course, recycled into “our” representatives reelection campaign funds.
Our leaders were too busy making trips to Israel to reaffirm their support for Israel’s ongoing theft of Palestine and for wars that enable this theft.
- American economy is going down the tube. But American government still talks war. War with Iran, supporting the war in Gaza, undoubtedly the hidden hand in the Georgian-Russian conflict in August last year. And war with Pakistan??
- Ask yourself this: why does the US government spend 1 quarter of its budget on the military? Congress is not suggesting a cut in the defence budget. Why? The reality is : US government is controlled by banksters and the military industrial complex (MIC). Although I cannot say for sure, it would not surprise me that the illuminati banking cartel owns the military industrial corporations. War has always been highly profitable.
- How is America going to get out of this shit hole that their leaders have dug for them? No one really knows. The politicians pretend to care. But their motivation is largely based on self interest and self preservation. Government by the People? Hardly! For the People? Absolutely Not. Government by banksters and their MIC and pharmaceutical cartel for their own interest.
- Paul Roberts :
This massive expansion of new debt, economists think, is going to fix the economy and put people back to work. They think the solution to excessive debt is more debt.
The federal government budget deficit for the 2009 fiscal year will be $2 trillion at a minimum. That is five times larger than the 2008 budget deficit. How can the Treasury finance such a huge deficit?
- The budget deficits are ballooning out of control for the forseeable future. Above chart is conservative and does not include any potential stimulus package from Congress and the Obama administration.
- This is not going to end well. America is positioned for a Big Fall. Paul Roberts :
If foreigners cease buying and instead start selling from their existing holdings–China alone holds $500 billion in Treasury debt–a deluge will fall on an already flooded market. The third source of financing is for the Federal Reserve to monetize the debt. In other words, the Treasury prints bonds and the Fed purchases them by printing money. The supply of money thus expands dramatically in relation to goods and services, and high inflation, possibly hyperinflation, would engulf America.
At that point the US dollar, if still on its feet, collapses. The import-dependent American population, dependent on imports for their mobility, their clothes, shoes, manufactured goods, and advanced technology products, no longer will be able to afford these imports.
A scary scenario? Yes. Overdrawn? Perhaps, but perhaps not. The United States has spent the last 7 years in pointless wars that benefited only the military-security complex and Israel’s aggression against Palestinians and Lebanon. According to prominent experts, the out-of-pocket cost and already incurred future liabilities of Bush’s wars comes to $3 trillion. The cost of the Bush Regime’s wars, together with the 2009 budget deficit that Bush has bequeathed to Obama, equals half of the accumulated national debt of the United States.
- He asks the most pertinent questions :
Who is going to lend to a bankrupt government that is ruled by financial crooks, the military-security complex, and the Israel Lobby? How long will the world finance US aggression that disrupts energy prices, keeps the world on edge, and makes America’s creditors complicit in war crimes?
- The free lunch is about to come to an end. The American people have been deceived into wars, lied to about the economy and taken for a ride by Congress. Guess who foots the bill ? American citizens !
- China’s economy is slowing dramatically. Its weakness is its dependence on exports. Bloomberg reports China’s Loans Surge as Government Fights Export Slump :
Exports dropped 2.8 percent in December from a year earlier, the customs bureau said on its Web site today. Shipments to the European Union, China’s biggest export market, fell 3.5 percent in December from a year earlier. Shipments to the U.S. slipped 4.1 percent.
“There is little hope that exports will recover this year, as developed economies remain mired in recessions,” said Sun Mingchun, a Hong Kong-based economist at Nomura Holdings. “Textile, steel and electronic exports are the most badly hurt.”
- Of more concern to its Asian neighbors is its import slump. Bloomberg again :
Imports plunged 21.3 percent, the biggest decline since Bloomberg data began in 1995, on waning demand for raw materials for manufacturing, leaving a trade surplus of $39 billion, the second-largest on record.
- China’s neighbors rely increasingly on China for growth. Australia and New Zealand relies on China for their exports of natural resources. So a weakening of imports is a cause of worry for Asia’s economies.
- The pronounced slowdown is resulting in millions retrenched and thousands of companies going bust. The Chinese government is pulling out all the stops to fight this consumer spending slump. It is enacting ’looser’ lending rules and regulations to encourage its local populace to borrow to buy consumer goods.
China’s money supply and loans jumped more than economists estimated in December after the government widened efforts to insulate the economy from a collapse in export demand.
M2, the broadest measure of money supply, climbed 17.8 percent from a year earlier, the fastest pace in seven months, the central bank said on its Web site. New yuan loans rose 62 percent from November to 771.8 billion yuan ($115 billion).
China’s government, facing the slowest economic growth in almost two decades, has put pressure on state-owned banks to increase lending as it rolls out a 4 trillion yuan ($585 billion) spending package.
“Banks are responding to the policy call to support growth,” said Wang Qing, chief economist at Morgan Stanley in Hong Kong. “The challenge remains great but the policy response is aggressive.”
- The good news is : China can afford to boost consumer lending. Chinese consumers are not as maxed out in debt as in America. What they need to keep an eye on is that banks do not lend irresponsibly like what happened in the real estate market in US.
- It remains to be seen whether China can achieve its target of 8% growth for 2009.
Achieving the government’s 8 percent economic growth target for creating jobs and preventing social unrest will be “exceptionally arduous,” Liu Mingkang, the chairman of the China Banking Regulatory Commission, said in Beijing yesterday. He also said China needs to prevent a “massive and rapid rebound” in bad loans, a warning that coincides with some overseas investors cutting their stakes in Chinese lenders.
Click to goto YouTube to view video! Embedding is disabled for these 2 videos.
- Like America, United Kingdom is also facing a massive economic collapse. Some may think describing it as a ‘massive collapse’ is an exaggeration. Well, I don’t think so. More and more people are coming to their senses and seeing this as a deep Great Depression.
- The BBC reports in UK economy downturn ‘frightening’ :
Business leaders have painted a bleak picture of the UK economy, with a survey suggesting the end of 2008 saw a “frightening deterioration”. The British Chambers of Commerce (BCC) said its survey results were “awful” and the worst since it began in 1989.
The BCC report, based on a survey of almost 6,000 firms which employ 680,000 people, pointed to plunging domestic demand, falling exports and plummeting confidence in the last three months of 2008. “It is clear that the UK economy is facing a very serious recession, and the downturn is deepening at an alarming pace,” said the BCC report. “The results highlight a frightening deterioration in the UK economic situation.”
Its latest survey – which covered the last three months of 2008 – showed “no positive features” it added, with both the manufacturing and service sectors worsening. Manufacturing, home sales and orders, employment expectations, investment, confidence and cash-flow have all hit record lows. In the service sector, every key area was at a new low.
BCC director general David Frost called for a national recovery plan to be “rolled out as soon as possible”. “These are truly awful results with the scale and speed of the economic decline happening at an unprecedented rate. “Quite frankly the last time I saw anything of this magnitude of decline was when I worked in the West Midlands in the early 1980s,” he said. “The sheer scale of this comes as a surprise to many of us.”
- Awful and frightening figures ! That’s telling it like it is. Can things get worse? I think so. We are pretty far from the bottom. Things will get a lot worse : worse than the 1929 Great Depression. I still see this 21st Century Great Depression as bottoming only around Q4 2012. Thereafter, it will be 3 years of flat to no growth. Something like +- 0.5% growth. Asia will likely be better off than US and EU. But not by much. All the Asian economic tigers (Taiwan, Hong Kong, South Korea, Singapore), Japan and China are over reliant on the West for their export based economies.
- Was the December Christmas sales season ok ? U.K. retailers saw worst December in 14 years, survey says :
The Christmas rush came too late to prevent British retailers from experiencing the worst December in at least 14 years, the British Retail Consortium said Tuesday.
The group’s monthly survey found a 3.3% decline in retail sales values on a same-store basis and an overall sales drop of 1.4% compared to December 2007. Both measures marked the worst December readings since the BRC launched its survey 14 years ago. “These are truly dreadful numbers,” said Stephen Robertson, BRC director-general ….
- Not much good news there. There is a consumer spending collapse worldwide. Consumers will hang on to what they have longer. No more changing of mobile phones every 6-9 months. We will drive our rickety old car for a few more years. Durable goods orders have and will continue to plunge.
- Bloomberg reports U.K. Slumps Most Since 1989 as Home Sales Drop, Surveys Show :
Jan. 13 (Bloomberg) — The British economy slumped the most in at least two decades during the fourth quarter and home sales dropped to the lowest since the measure began in 1978 as the recession deepened, reports by lobby groups showed.The British Chambers of Commerce’s survey of almost 6,000 companies showed the weakest results since it started in 1989, the London-based group said today. The average number of home sales per surveyor slipped and retail sales had the worst December in 14 years, reports by the Royal Institution of Chartered Surveyors and British Retail Consortium showed.
“This recession is worse than in the 1990s,” David Frost, managing director of the BCC, told journalists at a briefing yesterday. “The situation is dire, and the Monetary Policy Committee is running out of bullets.”
The economy shrank 1.5 percent in the fourth quarter, the most since 1980, the National Institute for Economic and Social Research said Jan. 10. The statistics office reported a 0.6 percent contraction in the third quarter. “We hope that the speed of the decline is matched by the speed of the recovery,” BCC’s Frost said. The group, which represents 100,000 companies, said its index of manufacturing sales at home fell to minus 38 from minus 13. The service index fell to minus 31 from minus seven.
Export sales fell services and manufacturers plunged in the quarter even as the pound fell 19 percent against the country’s main trading partners in the period, suggesting the collapse in demand overseas is preventing the weaker currency from helping the economy.
- MPC running out of bullets! They are in good company. The FedRes is also in the same crap hole. Well, they got us into this mess. Let’s see what sort of magic trick they conjure up to right these 2 sinking ships.