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Billion Dollar Babies:5 'Stealth' Pentagon Contractors Reaping Billions of Our Tax-Dollars

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posted on Jun, 25 2008 @ 01:51 PM
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Billion Dollar Babies:5 'Stealth' Pentagon Contractors Reaping Billions of Our Tax-Dollars


www.commondreams.org

The top Pentagon contractors, like death and taxes, almost never change. In 2002, the massive arms dealers Lockheed Martin, Boeing, and Northrop Grumman ranked one, two, and three among Department of Defense contractors, taking in $17 billion, $16.6 billion, and $8.7 billion. Lockheed, Boeing, and Northrop Grumman did it again in 2003 ($21.9, $17.3, and $11.1 billion); 2004 ($20.7, $17.1, and $11.9 billion); 2005 ($19.4, $18.3, and $13.5 billion); 2006 ($26.6, $20.3, and $16.6 billion); and, not surprisingly, 2007 as well ($27.8, $22.5, and $14.6 billion). Other regulars receiving mega-tax-funded payouts in a similarly clockwork-like manner include defense giants General Dynamics, Raytheon, the British weapons maker BAE Systems, and former Halliburton subsidiary KBR, as well as BP, Shell, and other power players from the military-petroleum complex.

(visit the link for the full news article)




posted on Jun, 25 2008 @ 01:51 PM
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What an absolute racket war is. In the end, 98% of the time, it is nothing more than a way to make endlessly greedy folks wallets fatter. But they hide behind mantra's of "freedom" and "patriotism" and "fighting terrorism" to get the unsuspecting populace cheering on these bloodbaths of profit, and it has been working for ages.

But the transparency of it all has become so blatant and flagrant in recent times that all it takes is a little bit of looking into, and it's more than apparent what is happening--Gov officials are directly involved, and profiteering off these ventures, and they are more than happy to funnel our tax-dollars in the billions to these corporations to keep this death and destruction going, because they are all increasing their wealth and power exponentially each time a new war or invasion starts up.

Now, as we see here, not only are the top KNOWN contractors making fist over dollar on these enterprises, but there are quite a few that are doing so covertly as well.

This is why we can't seem to live in peace---Peace = loss of billions to these insatiably greedy entities. 5 covert, non-reported by the MSM, War-profiteering mega-corps:

1.MacAndrews & Forbes Holdings

2.DRS Technologies, Inc.

3.Harris Corporation

4.Navistar Defence

5.Evergreen International Airlines


*One last note worth consideration and looking into:

Now that we know a bare minimum of 151 members of congress and the house are directly involved and or profiteering off of wars, it might be worth looking into these types of covert corps, and seeing who their owners and shareholders are---My guess is that we will be seeing many more of these same "lawmakers" names on those lists, as well as many who have YET to be named, profiting off of war.

Hopefully we can wake this country up, and start calling out these people and stopping this bloodshed to further line their already bursting pockets.


Then there’s a select group that are masters of the universe in the ever-expanding military-corporate complex, regularly scoring more than a billion tax dollars a year from the Department of Defense. Unlike Lockheed, Boeing, and Northrop Grumman, however, most of these billion-dollar babies manage to fly beneath the radar of media (not to mention public) attention. If appearing at all, they generally do so innocuously in the business pages of newspapers. When it comes to their support for the Pentagon’s wars and occupations in Afghanistan and Iraq, they are, in media terms, missing in action.




www.commondreams.org
(visit the link for the full news article)

[edit on 25-6-2008 by DimensionalDetective]



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