Posts Tagged ‘Military’

Silencers Are Golden for U.S. Navy


Monday November 18th, 2013   •   Posted by K. Lloyd Billingsley at 9:34am PST   •   0 Comments

Procurement scandals are common in the U.S. military and seldom the sort of thing anyone could make up. In the latest, as reported by the Washington Post, the U.S. Navy paid $1.6 million for firearm silencers valued at $8,000 – more than 200 times the manufacturing cost – and that most likely never should…
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The Costs of War


Friday January 6th, 2012   •   Posted by Emily Skarbek at 7:59am PST   •   3 Comments

At the Pentagon yesterday, President Obama released a press statement concerning his new military strategy. The document was clear with regard to Iran, stating “U.S. policy will emphasize Gulf security, in collaboration with the Gulf Co-operation Council countries when appropriate, to prevent Iran’s development of a nuclear weapon capability and counter its destabilizing policies.”…
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How Many More Trillion$ for Defense?


Wednesday October 27th, 2010   •   Posted by Joshua Kaplan at 7:28pm PDT   •   2 Comments

In the new article on runaway spending from the Pentagon, “How Many More Trillion$ for Defense?”, Independent Institute Research Fellow Winslow Wheeler explains the dire need for effective budgetary controls over the Pentagon. As it stands the Pentagon “is literally ‘unauditable.’” “Since Sept. 11, 2001, Congress and the Defense Department have added more than…
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A Smaller, Older, Less Prepared Military: Where Is the Payoff for Huge U.S. Budget Hikes


Wednesday October 13th, 2010   •   Posted by Joshua Kaplan at 8:40pm PDT   •   0 Comments

In a new article in Defense News, Winslow Wheeler reports on the trillions of dollars of wasteful spending by the Pentagon, and the poor state of the armed forces that result: “You’d think all that added money would give us larger forces, a newer hardware inventory and better trained people. Instead, the windfall made…
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Defense Spending Is Much Greater than You Think


Tuesday August 24th, 2010   •   Posted by Robert Higgs at 4:16pm PDT   •   1 Comment

When President Obama presented his budget recently for fiscal year 2011, he proposed that the Pentagon’s outlays be increased by about 4.5 percent beyond its estimated outlays in fiscal 2010, to a total of almost $719 billion. Although many Americans regard this enormous sum as excessive, few appreciate that the total amount of all…
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