America, arms-dealer to the world
Munitions is the one U.S. industry that’s booming — with devastating global consequences
http://www.salon.com/2012/01/24/america_arms_dealer_to_the_world/singleton/
Here is this guy’s bio:
William J. Astore is a retired lieutenant colonel. He has taught cadets at the U.S. Air Force Academy, officers at the Naval Postgraduate School, and currently teaches at the Pennsylvania College of Technology.
This guy is clearly a past card carrying member of the military industry complex, yet here he is suggesting that perhaps, just perhaps, our country’s military is way past the point of diminishing returns on our defense dollar investment. He also mentions the highly dubious sale of arms and weapons to Iraq and quotes an Air Force officer questioning if they can even maintain the weapons, let alone field them in any sort of meaningful battle (and against whom? Iraq is friends with Iran, much to the consternation of the US).
Anyway, I highly recommend the article (of course, I wouldn’t have posted it here if I thought it was a waste of time). I have written some of my own thoughts on military spending here.