Rocket man Vs Con Man. Who really has benefited from wars? NOT THE REGULAR PEOPLE
For many big companies and investors wars are lucrative.
No matter what our stance on any type of war, it pays to know where our tax dollars are being spent.
Following is a detailed rundown of some companies squeezing the most profit out of controversial conflicts
The beneficiaries of chaos
1. Halliburton
2. Veritas Capital Fund/DynCorp
The sizable company is headed by Dwight M. Williams, former Chief Security Officer of the upstart U.S. Department of Homeland Security. With this and other close ties to defense agencies, Veritas Capital Fund and DynCorp are well-positioned to capitalize on wars.
3. Washington Group International
The Washington Group InteInternational is known for its expertise the repair, restore, and maintenance in battle fields.
3. Burlingame Environmental Chemical
All war zones eventually becomes cluttered with spent ammunition and broken/abandoned weapons, creating a lucrative niche for any company willing to clean it all up. The privately held California company has stockpiled $878 million for amunitions disposal, calling upon its “decade of experience planning and conducting UXO removal, investigation, and certification activities.” The company has close ties to several defense agencies and is staffed by graduates of the U.S. Navy’s Explosive Ordinance Schools, as well as the U.S. Army’s Chemical Schools at Anniston.
4. Aegis
The Pentagon contract was good for $430 million to this security company
THE WORKING PEOPLE
"Economic Consequences of War on U.S. Economy: Debt, Taxes and Inflation Increase; Consumption and Investment Decrease. ... The report shows the following economic indicators experiencing negative effects either during or after the conflicts: Public debt and levels of taxation increased during most conflicts.Economic Consequences of War on U.S. Economy: Debt, Taxes and Inflation Increase; Consumption and Investment Decrease. ... The report shows the following economic indicators experiencing negative effects either during or after the conflicts: Public debt and levels of taxation increased during most conflicts."
Vietnam War and the American Economy
"The Vietnam War had several effects on the U.S. economy. The requirements of the war effort strained the nation's production capacities, leading to imbalances in the industrial sector. Factories that would have been producing consumer goods were being used to make items from the military, causing controversy over the government's handling of economic policy. In addition, the government's military spending caused several problems for the American economy. The funds were going overseas, which contributed to an imbalance in the balance of payments and a weak dollar, since no corresponding funds were returning to the country."
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