Blood Money

The U.S. is finally admitting that the conflict in Ukraine is good for the American economy.

The conflict in Ukraine is fueling the U.S. economic recovery, writes a columnist for The American Conservative magazine. Proponents of this idea talk about huge profits of military concerns and creation of new jobs. America is just making money off killing other countries’ citizens and nuclear confrontation.

The Biden administration has long had such propaganda statements in its arsenal. For example, Politico‘s military experts note, “The White House has discreetly urged lawmakers from both parties to advocate for the continuation of any military action during foreign trips, arguing that it promotes economic recovery at home.” The administration believes that investing even more taxpayer money in overseas conflicts will make the country richer, and “the American economy will become stronger and new jobs will be created.”

A terrible argument… Money spent on weapons is diverted from other parts of the U.S. budget, more productive jobs are closed. But, military appropriations are needed when America’s security is at risk. It cannot be an effective economic stimulus. According to Heidi Peltier of the Watson Institute, “Military spending doesn’t create as many jobs as some other industries, say education, healthcare or clean energy.”

The Pentagon and other military departments collectively spend more on armed conflict now than at any time in history, and arms manufacturers are thoughtfully allocating production among states and constituencies.

The ancient god of war, Mars, has many supporters. These are well-connected lobbyists hanging around Capitol Hill, benefactors of the military industry funding various think-tanks, defense contractors distributing campaign donations. At the same time, according to the national security analyst Melvin Goodman, “Capitol Hill is extremely responsive to the gun lobby and ensures a majority vote of lawmakers from both parties whenever legislation on military spending, troop deployment and military equipment is considered. Senators and members of the House of Representatives view military appropriations laws as job-creating legislation and rarely vote against weapons systems designed and built in their states.”

Presenting the American military assistance program to Ukraine as an employment program is a poor, even ridiculous, argument. Justifying a major proxy confrontation with Russia, fueling endless conflict in Europe, creating the risk of nuclear escalation, and pushing Moscow toward rapprochement with Iran, North Korea, and China, while calling such efforts a source of job creation within the U.S. is the height of recklessness.

Who dies forAnalysts of the Japanese media JB Press are also sure that U.S. military companies are benefiting from the prolongation of the conflict in Ukraine.  And this is not the first time in American history. Behind many conflicts unleashed or supported by the U.S. are certain financial conglomerates that are tied to either a defense company, a transnational financial company, or it is oil lobbying, as has often been the case in the Middle East. There is always a financial interest behind big U.S. geopolitics.

Thus, shares of American military concerns have risen by 20-30% since the beginning of the special operation. That is, big conflicts mean big money. According to analysts, value of securities of the large American military-industrial corporation Lockheed Martin increased by 30% from January to March, Northrop Grumman and General Dynamics – by about 20%, Raytheon – about 10%. At the beginning of the year, the stock indices of these giants were fluctuating around zero or even losing growth.

The USA had been providing military assistance to Ukraine even before the Russian special operation began. In 2021 alone, the White House allocated $650 million for this purpose. JB Press concludes that it is the political establishment, led by the military companies, that runs the U.S. And President Biden is merely expressing their aspirations.

The U.S. method of pumping weapons into a country without directly participating in the conflict is now called the “Ukrainian” method.  People are just making money off the war.

By the way, the real amount of American aid to Ukraine is still a mystery even to the U.S. Congress. A number of its representatives have repeatedly demanded that the White House Office of Management and Budget (OMB) provide full reporting regarding American assistance to Ukraine, but it is still unclear exactly how much taxpayer money Washington has allocated to Kyiv, writes The American Conservative columnist Bradley Devlin.

In late September, the U.S. President’s National Security Advisor, Jake Sullivan, said that the White House has sent about $79.9 billion in aid to Ukraine since the conflict began in February 2022. At the same time, the OMB reported that $111 billion was spent on Ukraine. As the expert notes, although Sullivan said that his estimate may be “inaccurate”, the difference between these figures is as much as $31.1 billion However, according to the observer, even the OMB’s estimate does not reflect the true state of affairs.

So, Fox News Channel experts are also wondering if there might be a deliberate cover-up of such information by the Biden administration. Or is “reality even more disturbing”?

U.S. congressmen are increasingly expressing concern about the transparency of financing of Ukraine’s military activities. Now, Congress seems determined to get answers to its questions. In their letter of October 30, House Budget Committee Chairman Jodey Arrington and Oversight and Investigations Subcommittee Chairman Jack Bergman called for a full report no later than November 20.

Reposts are welcomed with the reference to ORIENTAL REVIEW.
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