Tag Archives: military budget

USA Debt Rating Downgrade to AA+ is from our failure to cut defense and entitlements


S&P’s decision to downgrade the US debt rating from AAA to AA+ is very unwelcome news but it should not surprise anybody, especially in Washington where neither party has been willing to tackle the deficit or the debt in a … Continue reading

Posted in bailout, china, Debt and Deficit, Democrats, Founders Party, Globalization, india, investments, military, Politics, Poverty and Development, Republicans, US History | Tagged , , , , , , , | 1 Comment

Obama’s ONE mistake may be his ONLY mistake, but it’s still a BIG mistake.


How is Obama doing?   I remain a big fan of how Obama has approached international diplomacy, basically speaking softly without putting down the carrots and big stick that America probably needs to wield to avoid international meltdowns.   (We … Continue reading

Posted in bailout, Globalization | Tagged , , , | 106 Comments

You call the $13 billion in pork barrel projects wasteful spending? It’s a whimper to the Military’s Bang Mega-Budget!


Taxpayers, many in Congress, and all three presidential hopefuls are all ranting against the stupidity of earmarking in congress – the process AKA porkbarrelling where congress people insert unnecessary projects into spending bills and/or other legislation such that we taxpayers pay for projects that are usually wasteful … Continue reading

Posted in Globalization, Politics, Poverty and Development | Tagged , , , | 6 Comments

Engineering’s Grand Challenges


The National Academy of Engineering has suggested a list of the world’s greatest and most important engineering challenges, and it looks pretty comprehensive to me.   If we can solve all these problems we’ll really be taking life on earth up a few notches … Continue reading

Posted in Artificial Intelligence, Global Warming, Globalization | Tagged , , , , , , | 6 Comments

Make Ads, Not War


As I’ve noted many times here I believe that our massive US defense spend is unwise, returning a fraction of the return we’d get by putting most of the annual approximately $500.000.000.000 spend into high ROI global and national development projects, pro … Continue reading

Posted in advertising, Globalization, marketing, Poverty and Development | Tagged , , , | 1 Comment