Corporations profit from permanent war: Memorial Day 2010

by BILL QUIGLEY

US law officially proclaims Memorial Day “as a day of prayer for permanent peace.”

Number One in War

No doubt, the USA is number one in war. This coming year the US will spend 708 billion dollars on war and another $125 billion for Veterans Affairs – over $830 billion. In a distant second place is China which spent about $84 billion on its military in 2008.

The US also leads the world in the sale of lethal weapons to others, selling about one of every three weapons worldwide. The USA’s major clients? South Korea, Israel and United Arab Emirates.

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