Published on Sunday, January 8, 2006 by the Toronto Sun (Canada)
The 'Fin de Regime'?
An Out-of-Touch George Bush Now Presides Over a Lost Foreign War and a Morass of Influence Peddling
by Eric Margolis
WASHINGTON -- China's Taoists philosophers warned that you become what you hate. We see this paradox in Washington, where the current administration increasingly reminds one of the old Soviet Union.
The U.S.S.R. went bankrupt after spending 40% of national income on the military. President George Bush's administration will spend a staggering $419.3 billion US on the military this fiscal year. An additional $130 billion US has been budgeted in 2006 for the occupation of Iraq and Afghanistan.
That's $10.8 billion a month -- 40% above previous estimates -- and somewhat more than the monthly cost of the Vietnam War at its height. Add to this huge sum an estimated $1.5 billion in monthly secret expenditures in Iraq and Afghanistan by CIA and Pentagon intelligence.
Astoundingly, U.S. military spending in 2006 will equal the rest of the world's total combined military expenditures. (DBB's emphasis) I just saw an ad for the new, $115-million F-22 Raptor stealth fighter, trumpeting how its radar can "intercept communications of insurgents." Using a $115-million aircraft to listen to cellphone calls by a bunch of jihadis in Waziristan staggers the imagination. . . . Read More