The fact is that the United States spends as much on its defense budget as the entire rest of the world combined. $1.5 trillion is spent annually by various nations on their defense budgets. We spend approximately $740 billion, or 49% to 50% of the total.
COMMENTS:
I am as much of a hawk as you will find when it comes to defense. But, I believe this is overkill. Frankly, I suspect that there is a lot of graft and corruption in our defense spending and I suspect that Members of Congress and high government officials are benefiting from it. I’m not saying that we need to cut the military, but I am saying that we need to cut the military spending and get rid of the graft and corruption that also has infested Medicare and other governmental departments.
TODAY’S QUERIES & ANSWERS:
Q. At this stage of the game, who do you favor the Republican Presidential nomination? (Gabby ~ Weaverville, CA)
A. Well, I was going to give an answer, but I have changed my mind. I think the first objective in this 2012 race is to get Obama out of office; he has done more damage to this country than any single individual in our history. So, we need someone who can beat him. But, more than that, we need a commitment by every single Republican in the country to stand firmly behind that nominee, whoever it turns out to be. We cannot fail; failure is not an option and I believe that the campaign to be waged by Obama will be ugly, no-holds-barred Chicago gang-style politics. If the Republican Party is divided going into November of 2012, Obama may well win reelection. We must all educate and prepare ourselves for what may well be the most important election this country has ever had.
Q. The economy is in such a mess and I keep hearing that it will probably get worse. Yet, there are some things I would like to have and I have the cash money to purchase them. Should I save my money or get what it is that I want? (Harvey ~ Colfax, CA)
A. If you have money in the bank and other assets sufficient to carry you through several years of declining revenues, go for it. Unless you have sufficient cash assets to cover you for a year’s unemployment, save your money. If you’re in between, compromise and get something you want and save the rest. If you still can’t make up your mind, send me your money and that will solve your problem.
Q. My brother has been talking about getting involved in politics. I might consider the idea as well. Where do we start? (Nancy ~ Reno, NV)
A. Wow. That’s a wide-open question. There are so many things you can do in politics without being a candidate, you know. You can work on someone’s campaign, organize rallies, put out signs, handle public relations, or you can be a candidate. I think you need to decide where you would like to start, and while you are investigating the different alternatives, start attending some meetings of school boards or police boards or other committees or boards that have an interest for you on the state or local level. Pass out your business card to every Tom, Dick and Harry you meet along the way. You’ll find your niche and I congratulate you for considering it.
TODAY’S QUOTE:
“I can assure you, public service is a stimulating, proud and lively enterprise. It is not just a way of life, it is a way to live fully.” ~ Lee H. Hamilton
TODAY’S VIDEO:
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