7 YRS PROCESS - DAY 504 - PAYING FOR WAR INSTEAD OF FEEDING THE POOR

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Paying for war instead of feeding the poor

I am catching up with posting online my articles.


Here are some facts:

We are still in crisis.
The unemployment and the poverty level has risen as a result of the crisis.
USA has enormous national deficit ( some 17 trillion $ ).
USA has been already participating in the wars in Iraq, Libya, Afghanistan etc. which has already put a lot of strain on the national finances.
And now USA is considering attacking Syria

Where is the logic in it ?

At first there seem to be no logic in it but if we start investigating it deeper then we should be able to actually find the logic. Thus let's try to look at the details of it.

- Where does USA get the money to pay for war ?
- The answer is clear that they will increase further the national debt.
- How is this money going to be distributed ?

Some of it is going as a salary to the soldiers which is going to be put back into the economy through their spending ( under condition that they survive the war ). But although there are many soldiers who have to be paid, the total of the salaries is not the biggest part of the military spending on war. Each bomb which explodes costs between some hundreds of dollars up to 10s of thousands of dollars. On top of it we have high-tech military equipment which costs many millions of dollars each.

Now... obviously the money spent on military goes to the manufacturers of these weapons and the equipment. And here again there are people who work in the factories and they will receive their wages which will be spend in the shops and put back in the economy. But again the majority of that money will not go to the people but it will go to the owners of the factories.

Now... guess who are the owners of these factories ?

There are people who are already in power ( politicians and those who are in the "undercover" ) and who are already tremendously rich and thanks to the war they will further increase their wealth and power.

Now... guess what are the owners of these factories going to do with the huge profit which they make on providing the supplies for the army ?

They are going to spend it on all the possible luxuries in this world and the majority will go further on producing new and modern weapons so that they can continue to make profit. Of course we cannot forget about one common characteristic of the rich people which is that they always try to make as much money as possible because there is never enough for them and thus they will give you the lowest possible salary so that they can minimize their costs and through this make more profit.

Now... to finance the spending the government USA must borrow the money and here comes the international financial institutions which again make huge profit on the interests.





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Published: 2013 - September - 12      © Copyright 2012 - Greg Wiater