Tuesday, July 11, 2006

Nationalize the US Defense Industry: Public good should trump private greed - Pravda.Ru: "And what about the status of the USA, its people and its infrastructure that the national security apparatus is supposed to be defending? A day may come when there is not much worth fighting for.. The FBI reports that violent crime increased in 2005 to its highest rate in 15 years. The American Society of Civil Engineers says it'll take almost $2 trillion to repair water systems, roads, schools and electrical grids. Nobel Laureate Joe Stiglitz says the total costs of the current Iraq War will cost another $2 trillion. The Catholic Conference for Human Development indicates that 37 million Americans live in poverty. The US Census Bureau reports that 45 million Americans can't afford health insurance. On top of that, add a trillion dollars to fully repair hurricane-damaged New Orleans, Louisiana, and cover the costs of neighboring state governments as they absorb hundreds of thousands of displaced Americans from New Orleans . Federal debt, and personal debt is at record levels. The home-front is decaying."





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