TWO COLLAPSING TOWERS - WALL STREET AND THE MILITARY INDUSTRIAL COMPLEX

While we observe Wall Street go through an implosion and our lawmakers mortgage the future of America with the associated bailout, let us keep an eye on another adjacent and related tower with a weak foundation, teetering dangerously in the wind. The Military Industrial Complex (MIC) is also subject to bad decision-making by misinformed and manipulated government officials.

HISTORY

Congress has just funded the MIC at only slightly less than the 700B now necessary to bail out the US Financial catastrophe. The MIC is monumentally dangerous and has led our country into a continuing series of costly, fraudulent wars since Korea. Eisenhower forecasted the danger in his departing speech:

http://www.youtube.com/watch?v=8y06NSBBRtY

The most recent MIC adventure is being fought in the memory of 3,000 dead civilians attacked by a terrorist the US created by not leaving the Middle East after the first Gulf War. That excursion has killed thousands of our finest youth and maimed the lives of countless others. The average American will pay for this ruin in decades to come through taxes supporting hospital care, social services and veteran's homes.

HOW DO I KNOW?

I am a 2 tour Vietnam Veteran who recently retired after 36 misguided years working in the defense industrial complex on many of the weapons systems being used by our forces as we speak. Given a clearly defined mission and the best armaments and systems in the world, I believed that another Vietnam could be avoided for the American Soldier.

I was wrong.

I live in a Veteran's home, having recently undergone treatment through the VA for PTSD and Depression, long overdue some 40 years after the Tet Offensive that cap stoned my military 2nd tour in Southeast Asia with a lifetime of illness:

http://rosecoveredglasses.blogspot.com/2006/11/odyssey-of-armaments.html

Politicians make no difference. I saw this on a daily basis from inside the MIC.

The chart at this posting illustrates the historical % of our national debt to our GDP. That % is on a precipitous rise with the current US warfare mentality and imminent Wall Street bailout:

PLEASE CLICK ON IMAGES OR DOWNLOAD TO ENLARGE

Other countries will not tolerate our on-going presence, decreasing value on world market and shortsighted vision, based exclusively on stockholder profits. The Wall Street financial tower has fallen. The MIC will be next.

ABOUT THE MILITARY INDUSTRIAL COMPLEX

It is corrupt and driven by corporate influence:

http://www.playboy.com/magazine/features/lockheed/index.html

http://www.vanityfair.com/politics/features/2007/03/spyagency200703

http://www.vanityfair.com/politics/features/2007/11/halliburton200711

It is broken and riddled with incompetence:

http://rosecoveredglasses.blogspot.com/2008/04/us-federal-government-procurement.html

http://rosecoveredglasses.blogspot.com/2007/01/what-american-public-must-know-about.html

THE COLLAPSE

The MIC, like Wall Street, will go bust and then be re-scaled, fixed and re-designed to run efficiently and prudently, just like any other big machine that runs poorly or becomes obsolete or dangerous. The situation will right itself through yet another trauma.

A government ENRON is on the horizon, with an associated house cleaning. The next president will come and go along with his appointees and politicos. They will try to fix the financial mess and become pawns of corporate America in widening our military influence attempting to mend corporate bank accounts. But the MIC tower will implode as well - the next big event in government you will watch is the collapse of that establishment.

HOPE

Non-profit visionaries and small business know the course that must be taken and they are taking it:

http://techinsider.nextgov.com/2008/04/einstein.php

These "Action People" are not in our government. They are more practical than that. They are the communicators, the true venture capitalists setting up worldwide non-profit foundations (Gates and Buffet for example). They are like the Bill Moyers, perpetually exposing waste fraud and abuse and then going one step further to fix it from the inside. They are the young inspirational members of the small business base in this country that will be tasked with picking up the pieces and re-inventing the future so our government can follow along.

As a volunteer counselor, handling 30 cases a week through SCORE I see every form of unique small business inventiveness imaginable - efficiently created, using technology to the max and not seeking financing to the hilt - only the opportunity to succeed:

http://www.smalltofeds.blogspot.com/

http://www.score.org/


The US GDP is still the largest in the world.

Our high technology cannot be matched.

We have enough weapons systems and science to beat all our competitors and solve our problems.

We need to come home.