TV News LIES

Sunday, Apr 12th

Last update08:06:10 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...


Survivors Dispute Hegseth Account Of Deadly Drone Attack In Kuwait

Kuwait drone attackU.S. military survivors of an Iranian drone attack in Kuwait have accused Defense Secretary Pete Hegseth...

Judge orders Pentagon to restore press access

Judge orders press back to PentagonThe Pentagon is obstructing reporters and defying an earlier court order that required it to restore...

Pentagon denies threatening Vatican during January meeting with Holy See’s diplomat

Pentagon denies threatening VaticanThe Pentagon has denied threatening the Vatican during a late January meeting with the Holy See’s...

Pentagon turf war ramps up between Hegseth and Driscoll

Dan DriscollPete Hegseth and the Army Secretary Dan Driscoll has reached new heights with the Defense secretary’s...
 
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!