"The average volume of worldwide arms transfers for 2005–2009 was 22 per cent higher than the period 2000–2004. [...] Greece remains among the top five largest recipient of major conventional weapons for 2005-2009, but has fallen from third place for 2000
13 October Letter to "The National Commission on Fiscal Responsibility and Reform, established by President Obama, "is charged with identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long
"... 15 August 1971. It was from this date that the US gave unlimited rights to the currency speculators after it reneged on the Articles of Agreement of the IMF that had placed the convertibility of the dollar on par with US$35 for one ounce of gold. Thi
"In fiscal year 2008, the foreign military sales program sold $36 billion in weapons and defense articles, an increase of more than 50% over 2007," writes FPIF columnist Frida Berrigan in Weapons: Our #1 Export? "Sales for the first half of 2009 reached $
Strange as it may seem – and irrational as it would be in a more logical system of world diplomacy – the “dollar glut” is what finances America’s global military build-up. - glut: överskott; överflöd.
By Ellen Nakashima Washington Post , March 4, 2009. --In 2008, the Govt Accountability Office reported that cost overruns on the Pentagon's 95 largest weapons acquisitions system totaled about $300 billion -- Legislation sponsored by Sen. Carl M. Levin (D
SIPRI continues that, “In addition to its direct impact of high military expenditure, there are also indirect and more long-term effects. According to one study taking these factors into account, the overall past and future costs until year 2016 to the US