At zero hour, did DoD dodge a bullet?

At zero hour, did DoD dodge a bullet?

Washington defense advocates were not happy with the last-minute compromise that prevented default but locked in a decade of reduced spending for the Pentagon. House Armed Services Committee chairman Rep. Buck McKeon said Monday that he would go along with the deal “with deep reservations,” and warned that more spending reductions — like those that would be triggered by the Doomsday Device — could “break the force.”

A counter-narrative has been building inside the Beltway, however: That DoD’s $350 billion in reduced growth over the coming 10 years actually is a better deal than the $400 billion reduction that President Obama had originally proposed . As McClatchy’s Nancy Youssef wrote, that budget trajectory along with the end of the wars in Iraq and Afghanistan could add up to something easier for the Building to swallow:

With the wars in Iraq and Afghanistan winding down, experts said, the overall change in defense spending practices could be minimal: Instead of cuts, the Pentagon merely could face slower growth.


“This is a good deal for defense when you probe under the numbers,” said Lawrence Korb, a defense expert at the Center for American Progress, a left-leaning research center. “It’s better than what the Defense Department was expecting.”

To be sure, the numbers could change. Under the current debt deal the department would have to reduce its budget by $600 billion over the next decade if Congress can’t agree on the deficit-reduction proposals of a new 12-member, bipartisan legislative committee that will be tasked with recommending further spending cuts.

But the proposed figures — after weeks of drawn-out, vitriolic debate between both political parties — raise questions about what, if anything, could lead to substantial defense reductions. Military spending has more or less survived the drawdown of two wars and a domestic economic crisis. Even now, Congress can’t agree on how much to cut defense spending while maintaining U.S. military strength.

Rep. C.W. Bill Young, R-Fla., the chairman of the House Defense Appropriations Subcommittee, said: “We are confident that we can make this (debt deal) happen without affecting readiness and without affecting any of our soldiers.”

Other reporters and bloggers have been saying the same thing.

But this shootin’ match isn’t over yet: Under the debt bargain, the “Super Congress” must find $1.2 trillion more in spending reductions by Christmas — does anyone think DoD won’t absorb part of that, even if it isn’t the full $500 billion that would be cut if Congress can’t act? Although no one wants the Doomsday Device to go off, there’ll be as much pressure for the rest of the year to reduce defense spending as there has been so far; look for a major lobbying push to make the second number as small as possible.

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Maybe if we weren’t the world’s policeman and in everyones friggin business, we wouldn’t need such a large military and require so much funding. A detailed revised strategic plan would be of great first step.

I know that there are bad actors in the world and we must be ready to deal with them quickly and decisively, but has DoD ever said ok to any cuts? Come on. Frankly, we could cut our military in half and still defeat just about anyone on the planet in an all out no hold bar fight, which by the way has not happened in 60 years. Sorry, tired of all parties in the debt/budget debate having demanding requirments and the inability to give something up.

SAVE A TRILLION $s for US over the next ten years by not allowing the FED ANY profit — and, freeze their budget. The FED is a private corporation! It’s owned by its shareholders — COMMERCIAL BANKS~! Not only is the fed Un-Constitutional: U.S. Constitution — Article 1 Section 8 ONLY “The Congress shall have Power To lay and collect Taxes, … To coin Money, regulate the Value thereof” — it is complete hoax because the FED is NOT A federal agency — IT’S A PRIVATE CORPORATION~!!~

The FED makes 5% PROFIT after their cost-plus contract is paid for by US — just to make OUR “dollar” bills (liens). A COST-PLUS CONTRACT ALLOWS BERNANKE TO INSTALL HIS SOLID GOLD TOILET (A “COST”) and to pay the other costs of the FED, then slides the 5% profit off to it’s shareholders — private, commercial banks.
If WE, the Citizens take away the FED’s profit, we can save this Country. How is it they have the “contract” to print our money — and, they can make a profit? The trick here is the interest is never amortized, so it is a never-ending debt-spiral that WE CAN NEVER PAY BACK — EVER. It’s financial conquest by planned war against US!

Just stop funding NATO and the UN — the US pays three-fourths of their budgets. Limiting foreign aid to Nations who hate US would be another good start.

Once upon a time, in a world of long ago, you could just about justify a very small standing military combined with an ability to moblize over months (or years) to a full blown fighting force. Wars today happen at “warp speed”. Invasions happen with a handfull of “terrorists” come across the pond on commercial airliners only to crash some of those same airliners into our centers of commerce and government. ____Sixty years ago, Franklin Roosevelt very shrewdly used his two years of “neutrality” to moblize the US economy and military to fight WW-II. Where in the debt package and budget reform do we buy those two years to transition from a straw tiger peacetime military, trimmed to the bone or beyond, to a fully clawed and fanged tiger to meet the threat? Can we really afford to forget, or more likely, just ignore, history? ____And dont forget that the USS Iowa went from a gleam in the eye in 1938 to a fighting ship in 1943 and now we seem unable to design and build “corvettes”, aka LCSs, in less than 10–15 years.

The Fed is a private public institution. It also doesn’t print the money, the US treasury does. The board of governors are selected by the POTUS and approved by Congress.

Teaparty hogwash

Facts are stubborn things. If you don’t know, say so. Otherwise your “trolling!”

The Fed is “owned” by its shareholders — PRIVATE COMMERCIAL BANKS — and is no more “Federal” than Federal Express. See what Greenspan said about the relationship to the Govt. (F — O) http://​www​.youtube​.com/​w​a​t​c​h​?​v​=​3​Q​k​m​L​n​N​E​vdU

“Money” is created when the Treasury hands over Interest-bearing U.S.A. Govt. Securities (T-Bills/Notes) to the FED and the FED distributes the “FEDERAL RESERVE NOTE” for the U.S. Treasury Department (yes, the Bureau of Engraving — a division of the Treasury does the printing). However, the FED DISTRIBUTES their notes (liens on the ability of the U.S.A. to tax US) However, to redeem its U.S.A. obligations (Interest-bearing U.S.A. Govt. Securities) PLUS the Interest, the U.S.A. has to hand over more interest-bearing securities for more FED notes.

And, my bad, the FED keeps 6% of the profit — dividends to it’s SHAREHOLDERS — PRIVATE COMMERCIAL BANKS.

And, If it is so public, then how is that by law, it can’t — and never has been — fully audited!?

Good Morning Folks,

Hi ffb. Don’t worry about Iran and the bomb. Their nuclear program has been down since January and it doesn’t appear to be on line for restart any time soon.

Latest word is that Iran can’t figure out the problems with their centrifuges so the have started build new ones, bigger and better of course. Having two of their nuclear scientists killed in the past couple of months has pushed back any program that might be operational even more. The Russians still haven’t returned any of those fuel rods the pull out last November.

Israel is in for a reality check with out Iran, see the “new” generation of Palestinians. Also the happenings in the Kurdish areas of Iraq, Turkey, Syria and Iran. I would suspect that none of the butternuts here are aware that Iranian Revolutionary Guard Troop are occupying three bases of the Party of free Life of Kurdistan (PJAK) in the sovereign of Iraq. Watch facebook​.com you might gain some insights into what is happening in the “Third Wave” of Arab Spring.

An observation about Pentagon Budgeting. Make the Services sign their own checks. Right now all they do is send authorization to the US Treasury and they issue the check or in the 21st. Century a Electronic Transfer of Funds.

Names on checks make people think some time, is this right, my name is on it.

ALLONS,
Byron Skinner

The Fed distributes the currency printed by the US Treasury authorized by the US Congress. It has a board of governors nominated by the POTUS and approved by Congress. It acts as the centralized bank of the USA and is somewhat similar to utilities in its private/public nature. You also have your facts backwards on the 6%, that is what is used from the profits to pay on banks dividends. The other 94% profit goes back to the US government. You really don’t know what you are talking about.

STemplar said “the 6%, that is what is used from the profits to pay on banks dividends.”

I realize where the other 94% goes, but it appears you just confirmed that the 6% goes to the COMMERCIAL BANKS AS DIVIDENDS. So, what is it that I have wrong? And, what about the FED’s “COST-PLUS” contract (what I always wanted from the Govt. as a kid growing up!) for “distributing” our money? Or, the lack of a full accounting via an AUDIT!? Are you that trusting?
And, for having facts wrong, let’s just suppose I control the value of money as the FED does — via open-market window transactions and all, and, I get to give my buddies loans at near 0% interest. Yet, the Fed can collect the bond rate, yeilding 2–4% approximately, as the Govt. securities is what the FED requires to “distribute” their Federal Reserve Notes (what you might call the “dollar bill”).
Please see: http://​www​.youtube​.com/​w​a​t​c​h​?​v​=​3​Q​k​m​L​n​N​E​vdU — and then, tell me who runs the operation (hint: not the GOVT.!)

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…I believe that banking institutions are more dangerous to our liberties than standing armies… The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.“
Thomas Jefferson (Former POTUS)

“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”

– The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s
http://​www​.globalresearch​.ca/​i​n​d​e​x​.​p​h​p​?​c​o​n​t​e​x​t​=va

SO MUCH FOR THE 6% EH?

“…the increase in the assets of the Federal Reserve banks from 143 million dollars in 1913 to 45 billion dollars in 1949 went directly to the private stockholders of the [federal reserve] banks.” — Eustace Mullins

“The Federal Reserve system pays the U.S. Treasury 020.60 per thousand notes — a little over 2 cents each– without regard to the face value of the note. Federal Reserve Notes, incidentally, are the only type of currency now produced for circulation. They are printed exclusively by the Treasury’s Bureau of Engraving and Printing, and the $20.60 per thousand price reflects the Bureau’s full cost of production. Federal Reserve Notes are printed in 01, 02, 05, 10, 20, 50, and 100 dollar denominations only; notes of 500, 1000, 5000, and 10,000 denominations were last printed in 1945.” — Donald J. Winn, Assistant to the Board of Governors of the Federal Reserve system

Guess who the “private stockholders of the [federal reserve] banks” are? COMMERCIAL BANKS are the only ones who can own shares in federal reserve banks. One man’s tyranny is another’s convenince. OUT.

The fed doesn’t do anything that the US Congress hasn’t authorized it to do. If people don’t make money trading in US securities, no one would.

The Federal Reserve declared a silent War on the US from the time Admiralty law was instituted in 1933. All you soldiers out there took an oath to fight against enemies both foreign and domestic — REMEMBER? If you knew that the FED was all about financial conquest, would you act? The FED is certainly a domestic enemy as it has a private monopoly on our money supply, and by controlling the money supply, can make — and destroy — financial bubbles at will. THIS is how we have been defeated on the global playing field! Do you want to keep on “playing?”

Great minds … “Rep. Paul introduces bill to cancel $1.6T in debt held by Federal Reserve” http://​thehill​.com/​b​l​o​g​s​/​f​l​o​o​r​-​a​c​t​i​o​n​/​h​o​u​s​e​/​1​7​495

Pretty simple. China has become the owner of our future by letting us spend ourselves into the 3rd world. They are in the drivers seat not us. Are there Chinese bases on continents other than thier own? No. Does China have alliances that require it to spend its money to fund other countries defense? No. Has China built its power projection capabilities based on being the Worlds policeman? No. I’m 100% behind having a strong defense, but the word is DEFENSE.

6 Army Divisions(2 Heavy Armor, 2 Stryker based, 2 Airborne) , 6 Marine Brigades(under the Army, based on 3 Commando Royal Marines– the REAL Marines), 1 Border Patrol Div under DOD, 6 Carrier Strike groups( 3 Atlantic, 3 Pacific), 40 SSNs, 20 SSBNs(400 Nuke warheads), 4 Air Defense wings, 4 Airlift wings. 3 Bomber wings, end USAF Nuke programs,1/2 Air assets dedicated to support of Army and Marines(end Marine Air Wings). Remove all foreign bases. Saves Trillions over 1 decade. 1 Special operations command (under CIA, SF/SEAL, end MARSOC). We’re still the biggest Airforce, biggest Navy and 3rd biggest Land forces.
No more forays onto other Continents. China wants Taiwann? OK. Central Asia a mess? Cool. Africans or Muslims killing each other? Dont worry, be happy. Russia threatening Western Europe? Business as usual, not our problem.

Take a look at this link. http://​www​.nytimes​.com/​i​n​t​e​r​a​c​t​i​v​e​/​2​0​1​0​/​1​1​/​1​3​/​wee

Almost anyone can eliminate our deficit and debt using the option offered.
Too bad our politicians are too politically motivated to do what is right for the country.

Is there waste in the military ?
Of course.
Is it a lot less waste than what is wasted in DC ?
Absolutely.

Pull the politicians cushy, lifetime retirement for serving 1 term and the US would save tons of money.
Not only from the direct savings but from not having career politicians sucking the country dry.
You’d have people in office that wanted to help the country.
Because, with no easy pay out, they are not going to get rich by serving.

And that is what they are supposed to be doing … SERVING.
Not sucking on the teat 24/7.

These cuts are insane. Cutting five carriers?! Cut the foreign bases and leave it at that.

Final Comment — please excuse my determination if a bother…

Back in the 1930s, FDR signed an EO that amended the Trading With the Enemy Act. No longer were “Citizens” EXCLUDED — and — hoarding gold became a ‘TERRORISTICT” act — because the banks had run out. Now, every four years, the POTUS has to extend the “Emergency War Powers Act” in order to cintinue the 1930’s bankryptcy — funded through the Puerto Rican (i.e., exempt from IRS taxation) trust in order to pay the bills for the “Corporate” U.S.A. — isn’t this fun? Gold-fringed (naval wafare/Admiralty Law) flags?

But wait, it gets better, it has always been about the hegemony of the empire to establish global control through, the league of nations, UN, NATO , IMF , World Bank/Court — all for the benefit of the “money masters.”

They kill to make a buck.

WE’re better than that~!

http://​www​.nytimes​.com/​i​n​t​e​r​a​c​t​i​v​e​/​2​0​1​0​/​1​1​/​1​3​/​wee

. . deficit solved

WE’ll kill for freedom — but, that’s not what were doing now as the world’s policeman. and, WE’re damn good at it~!

Back in the 1930s, FDR signed an EO that amended the Trading With the Enemy Act. No longer were “Citizens” EXCLUDED — and — hoarding gold became ILLEGAL and it was confiscated from the people — because the banks had run out.

Now, every four years, the POTUS has to extend the “Emergency War Powers Act” in order to continue the 1930’s bankryptcy

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