WAR DRIVES DEBT DEBT DRIVES WAR Reasons to

WAR DRIVES DEBT; DEBT DRIVES WAR

Reasons to Kill: Why Americans Choose War, Richard Rubenstein, 2010 Rogue State and Killing Hope — William Blum http: //en. wikipedia. org/wiki/Timeline_of_United_States_military_operations http: //whatreallyhappened. com/WRHARTICLES/usinterventionism. html? q=usinterven tionism. html

http: //mindprod. com/politics/iraqwarpix. html#IRAQWARPIX

Bank of England …original Subscribers of the said Sum of Twelve Hundred Thousand Pounds so subscribed, … shall have, or be entitled to any Part, Share, or Interest of or in the Principal or Capital Stock of the said Corporation, or the said yearly Fond of One Hundred Thousand Pounds, granted by the said Act of William III (of Orange) (1650 – 1702) Parliament, … —Charter B of E

Amer. war Access. Wm. III 1600 1700 7 yrs. war 1800 An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations — William Playfair, 1805

First Bank of the United States Founded 1791 Permanent address completed in 1797

U. S. Treasury Historical Debt Outstanding

1791 – 2012(non-linear) U. S. Treasury Historical Debt Outstanding 1 E+12 1 E+9 1 E+6

1791 – 2012(non-linear) WW II 1 E+12 War of 1812 Civil War WW I Mex. Amer. War 1 E+9 1 E+6 U. S. Treasury Historical Debt Outstanding

End of 1 st Bank End of 2 nd Bank WAR OF 1812 1791 - 1840 U. S. Treasury Historical Debt Outstanding

Mex. Amer. War U. S. Treasury Historical Debt Outstanding

Civil War U. S. Treasury Historical Debt Outstanding

Spanish American War U. S. Treasury Historical Debt Outstanding

1913 -1939 WWI U. S. Treasury Historical Debt Outstanding

WWII U. S. Treasury Historical Debt Outstanding

ACCUMULATED WAR DEBT thru WWII War of 1812 01/01/1816 127, 334, 933. 74 01/01/1812 45, 209, 737. 90 82, 125, 195. 84 Mexican American War 07/01/1849 63, 061, 858. 69 07/01/1845 15, 925, 303. 01 47, 136, 555. 68 Civil War 07/01/1866 2, 773, 236, 173. 69 07/01/1860 64, 842, 287. 88 2, 708, 393, 885. 81 Spanish American War 07/01/1900 2, 136, 961, 091. 67 07/01/1898 1, 796, 531, 995. 90 340, 429, 095. 77 WWI 07/01/1919 27, 390, 970, 113. 12 07/01/1913 2, 916, 204, 913. 66 24, 474, 765, 199. 46 WWII 06/28/1946 269, 422, 099, 173. 26 06/30/1939 40, 439, 532, 411. 11 228, 982, 566, 762. 15 82, 125, 195. 84 47, 136, 555. 68 2, 708, 393, 885. 81 340, 429, 095. 77 24, 474, 765, 199. 46 228, 982, 566, 762. 15 $256, 553, 291, 498. 87 U. S. Treasury Historical Debt Outstanding

WAR DRIVES DEBT

Korean War U. S. Treasury Historical Debt Outstanding Viet Nam War

Dollars Kosovo Desert Storm Continuous war

In the long run, we are all dead. John Maynard Keynes 1883 - 1946

Memories of 1937, when concern for a balanced budget had led to both tax increases and expenditure reductions at a time when the unemployment rate, while declining, was still very high, were still strong. That action subsequently was viewed widely as the reason for the 1937 – 1938 contraction and the persistence of depression conditions until the onset of World War II stimulated spending and led to previously unmatched budgetary deficits. — The Rediscovery of the Business Cycle, 1978 Paul A. Volcker, former Chairman of the Federal Reserve Board of Governors.

…we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the militaryindustrial complex. — “Farewell Address”, 1961 Dwight David Eisenhower, 34 th U. S. President

…we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the [financial]- militaryindustrial complex. — “Farewell Address”, 1961 Dwight David Eisenhower, 34 th U. S. President

Korean War Viet Nam War Kosovo Desert Storm U. S. Treasury Historical Debt Outstanding Continuous War

FEATURES OF MILITARISM AS POLITICAL ECONOMY • Must have enemies and will create them.

FEATURES OF MILITARISM AS POLITICAL ECONOMY • Must have enemies and will create them. • Military professionals need war on their résumés.

FEATURES OF MILITARISM AS POLITICAL ECONOMY • Must have enemies and will create them. • Military professionals need war on their résumés. • War production creates millions of jobs, military and civilian.

FEATURES OF MILITARISM AS POLITICAL ECONOMY • Must have enemies and will create them. • Military professionals need war on their résumés. • War production creates millions of jobs, military and civilian. • War contracts are pork barrel for Congresspersons.

FEATURES OF MILITARISM AS POLITICAL ECONOMY • Must have enemies and will create them. • Military professionals need war on their résumés. • War production creates millions of jobs, military and civilian. • War contracts are pork barrel for Congresspersons. • War profits support campaign contributions (bribes).

FEATURES OF MILITARISM AS POLITICAL ECONOMY • Must have enemies and will create them. • Military professionals need war on their résumés. • War production creates millions of jobs, military and civilian. • War contracts are pork barrel for Congresspersons. • War profits support campaign contributions (bribes). • Military research contracts corrupt educational institutions.

FEATURES OF MILITARISM AS POLITICAL ECONOMY • Must have enemies and will create them. • Military professionals need war on their résumés. • War production creates millions of jobs, military and civilian. • War contracts are pork barrel for Congresspersons. • War profits support campaign contributions (bribes). • Military research contracts corrupt educational institutions. • Deficit spending is more palatable in war emergency.

FEATURES OF MILITARISM AS POLITICAL ECONOMY • Must have enemies and will create them. • Military professionals need war on their résumés. • War production creates millions of jobs, military and civilian. • War contracts are pork barrel for Congresspersons. • War profits support campaign contributions (bribes). • Military research contracts corrupt educational institutions. • Deficit spending is more palatable in war emergency. • Deficit spending on war keeps unsustainable economy going.

FEATURES OF MILITARISM AS POLITICAL ECONOMY • Must have enemies and will create them. • Military professionals need war on their résumés. • War production creates millions of jobs, military and civilian. • War contracts are pork barrel for Congresspersons. • War profits support campaign contributions (bribes). • Military research contracts corrupt educational institutions. • Deficit spending is more palatable in war emergency. • Deficit spending on war keeps unsustainable economy going. • Military suppliers own media.

ASSYMETRICAL WARFARE

INTEREST EXPENSE Available Historical Data Fiscal Year End 2012……. $359, 796, 008, 919. 49 2011……. $454, 393, 280, 417. 03 2010……. $413, 954, 825, 362. 17 2009……. $383, 071, 060, 815. 42 Interest Expense Fiscal Year 2013 June …………………. . $93, 031, 790, 187. 97 May …………………. . $24, 378, 480, 861. 09 April …………………. . $35, 951, 751, 963. 63 March ………………. . $23, 472, 400, 737. 30 February …………… $16, 901, 310, 565. 17 January ……………. . $17, 816, 590, 831. 57 December …………. $95, 736, 594, 801. 52 November …………. $25, 068, 968, 472. 99 October ……………. . $12, 922, 741, 407. 27 Fiscal Year Total. . $345, 280, 629, 828. 51 Total interest this page… $1. 9564 trillion U. S. Treasury website 07 -13 -2013