Home

Columnists

Merchandise

Other Stuff

 

 Go Vote!


My site was nominated for Best Political Blog!
 

 Air America Radio

 Head-On Radio Network

 Search dubyaD40.com

Google


Search Web
Search dubyaD40.com

 Ads by The Google

 Take Action

 Advertisers

 Recent Posts

 Archives

 Today's Reason To Drink



 Want to link to us?


It's easy to do.  Right click on the image below and choose "Copy."  Then paste it on your site.


 

 
 Blogroll

 
 
 
 

 

 

 

 Today's Topics

 
Saturday, May 10, 2008
Corporate Wars
posted by Clyde
4:47 AM

War's shopping cart
Pepsi, Apple, Krispy Kreme and other consumer firms profit from Iraq too.

Last month, a review of 2006 congressional financial disclosure statements by the nonpartisan Center for Responsive Politics found that lawmakers have as much as $196 million "invested in companies doing business with the Defense Department, earning millions since the start of the Iraq war." An Associated Press article on the report, however, offered a caveat: "Not all the companies invested in by lawmakers are typical defense contractors. Corporations such as PepsiCo, IBM, Microsoft and Johnson & Johnson have at one point received defense-related contracts."

But the Associated Press is wrong. The fact is that corporations such as PepsiCo, IBM, Microsoft and Johnson & Johnson are, indeed, typical defense contractors. To suggest that such firms, and tens of thousands like them, only receive defense-related contracts at the odd, aberrant moment is specious at best.

In 1961, Dwight D. Eisenhower, in his famous farewell address as president, warned of the "acquisition of unwarranted influence" by what he called the "military-industrial complex" in the United States. Today, however, the "large arms industry" of Eisenhower's day is only part of a complex equation. Civilian firms such as PepsiCo and IBM form the backbone of what more accurately can be described as a "military-corporate complex." These businesses allow the Pentagon to function, to make war and to carry out foreign occupations.

For example, in 2006 (the last year for which official figures are available), PepsiCo and IBM ranked among the Pentagon's top 100 contractors, taking in $286,696,943 and $291,825,309, respectively. This was no aberration. The previous year, they received $233,053,993 and $382,408,117 each, according to Department of Defense documents. In fact, both companies have been defense contractors every year since at least 2000. And there isn't anything special or odd about PepsiCo or IBM, when it comes to the Pentagon.

(Link)

Permalink :: 2 comments :: Post a Comment
 

 
 
   
 
Great reporting. Now how do we stop CEO's from sending jobs elsewhere while they get raises in their income.

posted by Anonymous Anonymous at 7:24 AM  

 
   
 
They should pass a law that from now on every corporarate sponsor of a war must claim it. On the buildings and on the battlefields they must hang large banners that say "this war brought to you by......."

posted by Anonymous md at 7:45 PM  

   
 

 

 

 

 Headlines & Comments

   
 Online Poll

Faux News
What's the other most disgusting thing about Fox News?

Kilmeade's hairpiece
Coulter sporting wood
Cafeteria's Falafel special
Geraldo Rivera
 
 dubyaD40.com Store



dubyaD40.com's RE-ELECT GORE 2008 Bumper Sticker
$3.99

 


dubyaD40.com's Oval Sticker with special W logo.
$3.25

 


dubyaD40's FUW Green T-Shirt
$19.99

 


dubyaD40.com "No Bush" Classic Thong
$10.99

 
 
 Google

 
 Amazon.com



 

 

 

 

 

 

 
 
   

 

 
 True! by Daryl Cagle

See more TRUE cartoons by Daryl Cagle
 

Kansas City's own...
dubyaD40.com

Site Meter