USA Military-Industrial Complex threatening Armageddon

 

In 1961 the American President Dwight Eisenhower in a speech at the end of his presidency gave a short speech at which he warned against the "military-industrial complex."

‘As President of the United States for two terms, Eisenhower had slowed the push for increased defence spending despite pressure to build more military equipment during the Cold War’s arms race. Nonetheless, the American military services and the defence industry had expanded a great deal in the 1950s. Eisenhower thought this growth was needed to counter the Soviet Union, but it confounded him. Though he did not say so explicitly, his standing as a military leader helped give him the credibility to stand up to the pressures of this new, powerful interest group. He eventually described it as a ‘necessary evil.

A vital element in keeping the peace is our military establishment. Our arms must be might, ready for instant action, so that no potential aggressor may be tempted to risk his own destruction. . . . American makers of plowshares could, with time and as required, make swords as well. But now we can no longer risk emergency improvisation of national defence; we have been compelled to create a permanent armaments industry of vast proportions. . . . This conjunction of an immense military establishment and a large arms industry is new in the American experience. . . .Yet we must not fail to comprehend its grave implications. . . . In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.’

https://www.archives.gov/milestone-documents/president-dwight-d-eisenhowers-farewell-address

In an example of how the more things change the more they stay the same the under Capitalism the American establishment is now boasting/ threatening that it can and will support and increase the likelihood of the conflagrations taking place in the world at present into something of even more danger to the planet and to everyone on it.

‘US Treasury secretary Janet Yellen said on Monday that Washington can “certainly” afford to support wars on two separate fronts, saying that its coffers are in good shape to continue backing US interests overseas in its support for Ukraine and amid ongoing tensions in the Middle East.

“America can certainly afford to stand with Israel and to support Israel’s military needs and we also can and must support Ukraine in its struggle against Russia,” Yellen said in a Monday interview with UK broadcaster Sky News in advance of a meeting with Eurogroup finance ministers in Luxembourg.

Yellen added that the United States’ financial outlook is sufficient to back its allies abroad. However, she warned that the potential economic ramifications of a larger conflict in the Middle East remains unknown, particularly amid an already volatile global oil and natural gas market that has contributed to a cost-of-living crisis in several Western economies in the past year.

A former chair of the US National Reserve, Yellen also noted that inflation is easing but called on Republicans to expedite attempts to appoint a new House Speaker to ensure that financial aid can flow overseas. California Republican Kevin McCarthy was removed from the position earlier this month, leading to concerns of a possible economic and legislative logjam in Washington.

“We do need to come up with funds, both for Israel and for Ukraine,” Yellen said, adding that this remains a “priority” of Biden’s administration. “It’s really up to the House to find, seat a speaker and to put us in a position where legislation can be passed.”

Yellen’s comments follow her appearance last week at an IMF/World Bank conference in Morocco during which economic leaders discussed the possible fallout of a deepening crisis between Israel and the Palestinian militant group Hamas.

To date, the United States has already approved at least $113 billion in aid to Ukraine, according to recent calculations from the US State Department Office of Inspector General. However, CNN reported last week that the US military has called on defence producers to ramp up production to make up for shortfalls in stockpiles due to arms being transferred to Ukraine, in order to ensure it can supply munitions to Israel.’ (Our emphasis).

Amid renewed focus on the Israel-Palestine conflict, Ukrainian President Vladimir Zelensky has warned in recent days that “international attention” should not be shifted away from his country.

Polling conducted in August, also by CNN, reflected a swelling discontent in the US over the authorization of additional funding to support Kiev in its conflict with Moscow – with 55% of respondents calling for Ukraine spending to be withdrawn.’

The USA National Debt now stands at thirty three trillion plus dollars and rising. One hundred and twenty four per cent of GDP.