Heather Wokusch: Bush’s Permanent War Economy Must Crash

(before it endangers you and your bank account even more)

"WAR is a racket. It always has been." - Major General Smedley Butler

The Bush administration's military adventurism and the economy are two issues expected to impact next week's US midterm vote. We ignore their interplay at our peril.

Rarely discussed is how the endless war on terror requires a permanent war economy, with taxpayers subsidizing the military industry at the expense of domestic social programs and global security. In 2000, for example, the US military budget was roughly $289 billion, but the administration's military budget request for 2007 has soared to $462.7 - and that doesn't even include funding for military operations in Iraq or Afghanistan.

The term "permanent war economy" was coined in the mid-1940's by the former CEO of a General Electric subsidiary, who called for increased subsidies and corporate control over the military industry. But this administration has taken the collusion of war and societal restructuring to new and dangerous levels.(more)
http://www.heatherwokusch.com/index.php?name=News&file=article&sid=88