TV News LIES

Thursday, Sep 03rd

Last update12:36:28 AM GMT

You are here News Military FedEx and Pepsi Are Top Defense Contractors? 5 Corporate Brands Making a Killing on America’s Wars

FedEx and Pepsi Are Top Defense Contractors? 5 Corporate Brands Making a Killing on America’s Wars

E-mail Print PDF

Chris Hellman of the National Priorities Project, writing recently at TomDispatch.com, noted that since the 9/11 attacks, the United States has spent about $8 trillion on national security. Even accounting for all the funds paid out for troop salaries, overseas base construction and the training and equipping indigenous allies in Iraq and Afghanistan, among many other costs, it’s clear that vast sums of Pentagon money are flowing somewhere other than to the top weapons-makers. Unknown to most U.S. taxpayers and even many Pentagon-watchers, some of the largest and most recognizable corporations in the world have also been getting rich on America’s wars. Below are five examples of “civilian” companies that have reaped major rewards from the Pentagon during its last decade at war:

A decade of waging wars abroad, from Iraq and Afghanistan to Pakistan and Libya to Yemen and Somalia hasn’t been kind to average Americans. As the United States poured nearly $8 trillion into national security spending, and the national debt ballooned from $6 trillion to $14.3 trillion, the official unemployment rate has more than doubled -- from 4.5% to 9.1%. Meanwhile the number of children living in poverty in the U.S. has jumped nearly 20% since 2000, according to the National Center for Children in Poverty. And for older Americans, the risk of hunger has spiked almost 80% since 2001, according to a recent report by AARP. But from car companies to candy makers and even the biggest brands in organic food, so many of the world’s favorite companies have, over these years, cashed in on America’s wars.

In his famous 1961 farewell address, President Dwight Eisenhower warned of the "acquisition of unwarranted influence" by what he called the "military-industrial complex.” Today, however, the "large arms industry" that Eisenhower warned about is only part of the equation. Civilian firms such as FedEx and PepsiCo form the backbone of what more accurately can be described as a military-corporate complex of “civilian” businesses that enable the Pentagon to function, to make war and to carry out foreign occupations.

More...


Most Recent Related Stories...


The West Point Professor Who Contemplated a Coup

West PointOn Monday, West Point law professor William C. Bradford resigned after The Guardian reported that he...

New Army chief ponders momentous decision on women in combat

Women in combatThe Army's new chief of staff, Gen. Mark Milley, is taking a calculated approach to arguably...

Okinawans decry noise, chemical pollution at US bases across island

Okinawa bases pollution protestedSeventy years after the end of World War II, there are 32 U.S. military facilities in...

Pentagon: Services must justify excluding women from combat by Oct. 1

women in combatDefense Secretary Ash Carter is giving the chiefs of the military services until Oct. 1 to...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!