China to Lay off 300,000 Troops – Bummer for Defense Stocks

It's a bad day for Neocons!   That madman Obama seems to have put togther enough radicals who want to try talking PEACE with Iran (and what did you expect with John Kerry in charge?) and now China says it will cut 300,000 troops and has only peaceful goals as a global citizen (troops pictured here marching off to the unemployment office) .  Who are we going to attack with all our brand new F-35s?   Thank goodness for Isis, now THERE's a threat that justifies $1Tn in annual military spending (8x China, now $130Bn).  That's right, Mr. Trump, perhaps the real reason China is " kicking our asses " is because, unlike the United States, who spend 40% of all tax reciepts on marching up and down the square , China would rather spend all their citizens' money propping up the stock market.   OK, well perhaps all Government have their own idiocy but we are clearly the World's idiots with our RIDICULOUS military budget, which is " officially " $711Bn, but that doesn't count the portion of our debt that comes from our Military Adventures and the cost of the interest it takes to service that debt.  Nor does it count the Medicare/Medicade and Veteran's Benefit spending that's attributed to the millions of troops who have been sent home damaged after one of our military excursions.   As you can see from the chart, even the low estimate for US military spending equals what the ENTIRE REST OF THE PLANET spends in total.  And most of those people are our allies!  Could it, maybe, possibly, somehow be possible that our MASSIVE military budget is the only reason other countries spend even what comparatively little they do on their own armies?   One way we could find out, is to bravely follow Chairman Xi's example and cut our own military back by 15%.  For one thing, that would cut $100Bn off our budget – who doesn't like that (or, in the case of Republicans,…

Soldiers prepare for commemoration activities to mark the 70th anniversary of Japan’s defeat in World War II in Beijing on Thursday.It's a bad day for Neocons!  

That madman Obama seems to have put togther enough radicals who want to try talking PEACE with Iran (and what did you expect with John Kerry in charge?) and now China says it will cut 300,000 troops and has only peaceful goals as a global citizen (troops pictured here marching off to the unemployment office).  Who are we going to attack with all our brand new F-35s?  

Thank goodness for Isis, now THERE's a threat that justifies $1Tn in annual military spending (8x China, now $130Bn).  That's right, Mr. Trump, perhaps the real reason China is "kicking our asses" is because, unlike the United States, who spend 40% of all tax reciepts on marching up and down the square, China would rather spend all their citizens' money propping up the stock market.  

OK, well perhaps all Government have their own idiocy but we are clearly the World's idiots with our RIDICULOUS military budget, which is "officially" $711Bn, but that doesn't count the portion of our debt that comes from our Military Adventures and the cost of the interest it takes to service that debt.  Nor does it count the Medicare/Medicade and Veteran's Benefit spending that's attributed to the millions of troops who have been sent home damaged after one of our military excursions.  

As you can see from the chart, even the low estimate for US military spending equals what the ENTIRE REST OF THE PLANET spends in total.  And most of those people are our allies!  Could it, maybe, possibly, somehow be possible that our MASSIVE military budget is the only reason other countries spend even what comparatively little they do on their own armies?  

Distribution of discretionary spending for FY 2013. President's proposed budget. Credit: National Priorities ProjectOne way we could find out, is to bravely follow Chairman Xi's example and cut our own military back by 15%.  For one thing, that would cut $100Bn off our budget – who doesn't like that (or, in the case of Republicans,…
continue reading

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.