US politicians financially benefit from foreign conflicts

    chinadaily.com.cn | Updated: 2022-04-08 06:40
    Share
    Share - WeChat

    Franklin Spinney, a former Pentagon military analyst, published in his blog an article titled "How the Narcotic of Defense Spending Undermines a Sensible Grand Strategy" which states that the Russia-Ukraine conflict "has the champagne corks quietly popping in the Pentagon, on K Street, in the defense industry, and throughout the halls of Congress".

    The people celebrating because of the big gain that comes along with the wars and conflicts are not only the weapon makers, but also US politicians, who are big beneficiaries of current crises, whether in Ukraine or in the Middle East.

    US politicians tend to be the decision makers for issues such as war versus peace.

    There is evidence that it can be in their personal interest to continue these wars and conflicts rather than prevent them to ensure the continuation of their fiscal profits and gains.

    Congressmen personally invest in defense contractors 

    A report by Business Insider revealed that at least 19 members of Congress or their spouses hold stock in the companies making weapons that are heading to Ukraine.

    The US and NATO have sent more than 17,000 anti-tank weapons to Ukraine, including Javelins, according to The New York Times.

    Website Military.com said these members of Congress could make a profit on US arms shipments to Ukraine.

    Ukrainian service members unpack Javelin anti-tank missiles, delivered by plane as part of the US military support package for Ukraine, at the Boryspil International Airport outside Kyiv, Ukraine Feb 10, 2022. [Photo/Agencies]

    According to Business Insider, these US federal lawmakers or their spouses hold stock in Raytheon Technologies and Lockheed Martin. The holdings come as the US is preparing to send billions of dollars in defense aid to Ukraine. Both companies' stocks - especially that of Lockheed Martin - have risen since the Russian military operation in Ukraine began on Feb 24.

    Business Insider reported that among those investing in the defense contractors is Republican Representative Marjorie Taylor Greene of Georgia, who bought between $1,001 and $15,000 in Lockheed Martin shares on Feb 22.

    US Rep. Marjorie Taylor Greene. [Photo/Agencies]

    Two days after her purchase, Greene wrote in a Twitter thread: "War is big business to our leaders."

    "Tragically, America's foreign policy strategy over the past 20 years has been more for corporate profit and not for America's security and our own national interest," she wrote.

    1 2 3 Next   >>|
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    日本中文字幕高清| 亚洲精品97久久中文字幕无码| 久久中文字幕精品| 亚洲AV无码一区东京热久久| 精品久久久久久无码中文字幕| 精品久久久久久无码中文字幕| 亚洲中文字幕无码一久久区| 天堂а√中文在线| 中文无码一区二区不卡αv| 精品无码人妻夜人多侵犯18 | 亚洲第一极品精品无码久久| 日韩中文字幕电影| 中文字幕7777| 国产无码网页在线观看| 熟妇人妻无码中文字幕| 中文字幕人妻无码专区| 中文字幕一区二区三区永久| 日本阿v网站在线观看中文| 中文字幕亚洲精品无码| 无码精品人妻一区二区三区影院| 国产精品视频一区二区三区无码| 无码国内精品人妻少妇| 亚洲成AV人在线观看天堂无码| 国产成人无码一二三区视频| 日韩精品无码免费专区网站| 一级片无码中文字幕乱伦| 中文字幕日韩人妻不卡一区| 亚洲成A人片在线观看中文| 中文字幕亚洲综合久久| 最近免费中文字幕mv在线电影| 无码中文字幕日韩专区视频 | 亚洲无码精品浪潮| 久久久久久国产精品无码下载| 999久久久无码国产精品| 91精品日韩人妻无码久久不卡| 狠狠躁天天躁无码中文字幕图| 国产午夜鲁丝无码拍拍| 久久久久久av无码免费看大片| 综合无码一区二区三区| 中文字幕人妻无码系列第三区| 亚洲中文字幕日产乱码高清app|