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Conflict makes money for the military industrial complex, and the cronies they place in Congress, the Senate, and the White House.
An investigation by Ralph Forbes from American Free press reported on May 05, 2008 that more than a quarter of US senators and congressmen have invested at least $196 million of their own money in companies doing business with the Department of Defense (DoD) that profit from the death and destruction in Iraq .
The report also edifies that 151 members of congress invested close to a quarter-billion dollars in companies that received defense contracts of at least $5 million in 2006. These companies got more than 275.6 billion from the government in 2006, or $755 million per day, according to Fedspending.org . In 2004, the first full year after the current Iraq war began, Republican and Democratic lawmakers-both hawks and doves invested between $74.9 million and 161.3 million in companies under contract with the DoD . No wonder the Democratic congress kept approving the enormous spending bills on the war, since a significant portion of it happens to end up in their deep pockets.
The report elucidates further that investments in these contractors yielded Congress members between $15.8 million and $62 million in personal income from 2004 to 2006, through dividends, capital gains, royalties, and interest . Certainly, as the war went on and escalated, so did the increase in profits.
Interestingly, the report also mentioned that members of the senate foreign relations and armed services committees which oversee the Iraq war had between $32 million and $44 million invested in companies with DoD contracts. Per example, war hawk Sen. Joe Lieberman (I-Conn.), chairman of the defense-related Senate Homeland security and Governmental Affairs Committee, had at least $51,000 invested in these companies in 2006. Sen. Hillary Clinton (D-N.Y.), who voted for Bush’s war, had stock in defense companies such as Honeywell, Boeing and Raytheon, but sold them in May 2007.
In reality, it makes no difference which party is in charge of government despite the difference in rhetoric, because both sides happen to be on the same payroll of the global masters, and pushing the same agenda. Let’s not also forget, that in order to be elected as a high public official, whether it is a congressman or a senator you are required to have many skeletons in your closet, and a major predilection for corruption. That would enable you to be taken down anytime you cross line, or stop listening to your global corporate masters, who have financed your campaign and placed you in office in the first place.
Originally posted by projectvxn
...It's almost as if they're in cahoots with each other.
Originally posted by DimensionalDetective
in essence they have steered everyone back into the "democrat vs republican" 3-Ring, Barnum & Bailey's Circus act. Everyone is yet again buying into the bi-partisan nonsense with more cleverly crafted misdirection by TPTB and their propaganda machine, the MSM. Look forward to another 4 years of insanity, no matter WHICH "Corpo-Candidate" is voted in.
After thinking about how WRONG this is for these politicians to be able to make money like this, I think there REALLY should be some sort of "Congressional Police", not linked in any way to Congress, but to the Judicial Branch that sets a code of "ethics/morals", rules that these politicians HAVE to follow or they will be thrown out of their "CLUB!
If you don't play by the rules, you get kicked out of your little club (Congress)!
We can't count on them "policing" themselves obviously, so what this government NEEDS is a system in place that will keep them on there toes, and looking over their shoulders when they are doing something immoral or unethical in respect to the position that "We the People" allow them to hold in OUR government!
They will NEVER change laws that will restrict them on how they can make money (not that they're greedy or anything!), so we'll just call them rules they'll have to follow to remain one of the "elite" or they're fired!
Something NEEDS to be done, maybe not just the way I put it, BUT SOMETHING!
Originally posted by Marmelade
Wow nice find.
Might be stupid but I think they shouldn't be allowed to own any part of companies involved in war business,
Originally posted by Keyhole
They shouldn't be involved in or have an interest in ANY business that they can award contracts to!
It's called a "CONFLICT OF INTEREST" and should not be happening!
[edit on 5/8/2008 by Keyhole]
Originally posted by Marmelade
what about an entrepreneur who become mayor or whatever ? do we ask them to sell his / her business ? Or do we ask all valuable company owners not to get involved in politic ?