Unlike Mitt Romney, Most Americans Want to Cut US Military Spending

LOL


Obama exempts all military personnel from sequestration cuts



President Obama will exempt all military personnel accounts from the $500 billion defense cuts under sequestration, the Obama administration said in a letter to Capitol Hill on Tuesday.

Acting Office of Management and Budget director Jeffrey Zients told Congress the president is exercising his authority in the Budget Control Act to exempt military personnel from the 10-year sequestration cuts, according to the letter obtained by The Hill.

The decision to exempt personnel will place further strain on the budget accounts that defense contractors rely on for weapons programs, should the automatic spending cuts occur.

http://thehill.com/blogs/defcon-hil...ama-exempts-military-personnel-from-sequester

This goes on top of Obama's corrupt administration to wave layoff notices.....

Labor Dept. says no need for warning on layoffs
By By SAM HANANEL – 1 day ago

WASHINGTON (AP) — The Labor Department said Monday that federal contractors do not have to warn their employees about potential layoffs from across-the-board budget cuts that could begin on Jan. 2.

In a guidance letter, the agency said it would be "inappropriate" for employers to send such warnings because it is still speculative if and where the $110 billion in automatic cuts might occur. About half the cuts would be in defense.

The letter comes days after a Pentagon official said Defense Department contractors could be sending their workers layoff notices four days before the Nov. 6 presidential election. That prospect has unnerved the White House because it would affect thousands of defense workers in presidential battleground states such as Florida, North Carolina and Virginia.

Under the federal Worker Adjustment and Retraining Notification Act, employers of companies with 100 workers or more are required to provide notice 60 days in advance of a plant closing or mass layoffs.


The GOP chairman of House Armed Services Committee claimed the new guidance was politically motivated.

"People will still get laid off because of the president's irresponsibility, but they won't have the notice to protect themselves and their families," California Rep. Buck McKeon said.

The guidance comes as major defense contractors are bracing for the possibility of mass layoffs. Lockheed Martin, for example, has told Congress that across-the-board reductions could result in layoffs of 10,000 employees out of the company's 120,000 workers.


http://www.google.com/hostednews/ap...yzLHgg?docId=3ccc736e290349b18840108570a0457d

According to the WARN Act, there are only three exceptions to 60-day notice:

The Worker Adjustment and Retraining Notification Act
Notification Period


With three exceptions, notice must be timed to reach the required parties at least 60 days before a closing or layoff.

(1) Faltering company. This exception, to be narrowly construed, covers situations where a company has sought new capital or business in order to stay open and where giving notice would ruin the opportunity to get the new capital or business, and applies only to plant closings;

(2) Unforeseeable business circumstances. This exception applies to closings and layoffs that are caused by business circumstances that were not reasonably foreseeable at the time notice would otherwise have been required; and

(3) Natural disaster. This applies where a closing or layoff is the direct result of a natural disaster, such as a flood, earthquake, drought or storm.
None of which apply here, unless you want to call Democrats ‘a natural disaster.’

There is no mention of any exception because giving notice might hurt Obama and the Democrats in an upcoming election. But as we have seen time and again, laws mean nothing to the Obama administration.
 

It was one of the greatest speeches in history. A speech that no president, whether democrat or republican, would dare deliver today. It's a vivid demonstration of how far to the right American politics has moved. Eisenhower delivered it not just in words, but in deeds.

I liken it to the greatest speech ever delivered .. on essentially the exact same issue .. and delivered by Charlie Chaplin ..


Today, the MIC is the military arm of the plutocracy that owns this country and profits from war.

With regards to profits alone, the invasion of Iraq was incredibly successful.

Iraq war will cost more than World War II
Iraq war, now winding down with US troop exit by December, has cost more than $800 billion so far. But ongoing medical treatment, replacement vehicles, etc., will push costs to $4 trillion or more.
http://www.csmonitor.com/Business/new-economy/2011/1025/Iraq-war-will-cost-more-than-World-War-II

That's what it will cost the taxpayers .. and here is the slight of hand ..

Halliburton’s KBR, Inc.: "... while the Iraqi war has been called many things, it has been a lucrative cash-cow for many large corporations. Halliburton is the top money maker raking in $17.2 billion in Iraq war related revenue from 2003 to 2006 alone."

Veritas Capital Fund/DynCorp: This private equity fund is the number 2 profiteer in the Iraq war and is thought by many to be strange. It is reported that this cleverly run fund has raked in $1.44 billion through its subsidiary DynCorp.

Washington Group International: This group received $931 million in revenue from 2003 to 2006 to repair, restore, and maintain high output oil fields in Iraq.

51 Congressman derive financial profit from War. An article in the American Free Press .net, written by Ralph Forbes, gives a stinging account of the rich getting richer from everything America does—even war. His headline “Blood money stains the hands of more than 25% of members of the U.S. House and Senate,” give wonder as to who runs America. These people are responsible for deciding if America goes to war or not. If what Forbes reports is true, then America is run by Corporation influence, it would seem. Forbes reports that more than a quarter of Senators and Congressmen have invested $196 million of their own money in companies doing business with the Department of Defense. These same companies make big profits from what has happened in Iraq. These companies are reported to have received $275.6 billion in government contracts in 2006. This is according to FedSpending.org, a website of the watchdog group OMBWatch. Forges believes that these investments yielded Congress members between $15.8 million and $62 million in personal income from 2004 through 2006, through capital gains, dividends, royalties, and interest. Forbes reports that two of congress’s wealthiest members were among the lawmakers who gained the most income from war contractors between 2004 and 2006. A well known Republican received at least $3.2 million and a well known Democrat got at least $2.6 million. Forbes reports that the Senate Foreign Relations and Armed Service Committee’s, which oversee the Iraq war, had between $32 million and $44 million invested in companies with Department of Defense contracts
http://www.examiner.com/article/who-profits-from-war-wondering-where-tax-dollars-go-read-this

War propels Exxon profits to record $7 Billion
http://www.guardian.co.uk/world/2003/may/02/iraq.oil

Mission Accomplished? It most certainly was. Bush was right.

Unfortunately the problem isn't the wolves as much as it is the sheep.

We have become sheep.
 
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