It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Imagine if China had armed an aggressive, anti-American Mexico to the teeth. How would we feel? Threatened? That is likely how Iran feels with this massive arms sale to Saudi Arabia. To underscore this message, the US quietly announced early this month that it was selling 20 F-35 Stealth fighters to Israel.
But the fact is that the US weapons industry is underwritten by the American taxpayer. From research and development to acquisition by the US military, the costs of the US arms industry are borne by American citizens. But, as so-called “private” companies, the enormous profits they make selling weapons to countries like Saudi Arabia are of course privatized. So the costs are socialized and the profits are privatized. There is a word for this arrangement and it is not “capitalism.”