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Saturday, August 15, 2026

The United States borrowed $1.8 trillion in the first ten months of Fiscal Year 2026, according to the latest Monthly Budget Review from the Congressional Budget Office (CBO).

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U.S. military spending could soon hit a record $1.5 trillion. Roughly half of defense spending goes to private contractors that have routinely price-gouged the government, according to investigations. Meanwhile, the Pentagon has failed eight straight audits. Hello?

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-- Robert Reich (@rbreich.bsky.social) 11:41 AM · Jul 9, 2026

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Consider what we have given up spending that money.

Education, healthcare, infrastructure, science.

And what did we get with that money

A military that runs out of critical munitions after 53 days of combat.

A military that cannot defend itself against cheap munitions deployed by a 3rd rate military.

A military that is completely and utterly incapable of resolving a conflict with a poor country.

One of the root causes of this problem is capitalism.

Capitalism and national defense are not mutually beneficial. In fact, the former works at odds to the latter.

Capitalism and the military industrial complex prioritizes profit over national defense needs.

Defense contractors will, as a result of pursuing profit will seek more complex and thus more easily trademarked combat systems with strict proprietary limits on the use of their systems.

That means the systems get more complicated and expensive and the defense contractors are highly reluctant to share the technology-look at the defense contractor not wanting to license patriot missiles to Ukraine.

Because Ukraine could make the missiles far more cheaply and at scale-the MIC cannot have that

#1 | Posted by truthhurts at 2026-08-14 05:59 PM | Reply

So, the MIC is incentivized to more complicated (and thusly more profitable) systems. The production of these complicated systems are limited, severely limited.

The limits come in 2 ways-demand and supply chain. Defense industries are not going to build the systems without contracts guaranteeing profit.

So the defense contractors will only produce and build manufacturing processes to build the contractually limited number of munitions.

then there is the supply line. These high tech systems use rare earth and other limited supply items (like skilled labor).

the result is slow production of the combat systems.

thus when an idiot starts a war we quickly run out of these complex systems.

And there is no way to ramp up production quickly.

Some of these systems take YEARS to produce and China controls the rare earth metals needed to produce them

#2 | Posted by truthhurts at 2026-08-14 06:03 PM | Reply

I have been shaking my head over the past couple of months-mind boggled that the US military is completely and utterly incapable of defending itself or projecting power to subdue a 3rd rate enemy

One primary issue is that the defensive systems are not nearly as effective as advertised.

Secondly Iranian munitions and operations are far more effective than was anticipated.

Iran has destroyed multiple American bases in the region. Destroyed.

in fact, the primary reason piggy TACO'ed out during the latest round was the bombing of our base in Jordan. Our defenses were completely overwhelmed.

Iran has been able to target our most critical infrastructure to reduce our defensive abilities-the radar network

Our military has not prepared for this new warfare.

They have watched the Ukrainian war for 4 years, watched it evolve

And done nothing to prepare

#3 | Posted by truthhurts at 2026-08-14 06:31 PM | Reply

Iran, China, Russia are far better equipped to respond to defense demands.

Because they are not capitalist societies.

As onerous as those regimes are, they are effective in one aspect-having a defense system that can respond, quickly, to changes in military technology.

We have a for profit system that cannot replace critical munitions for years.

Years

Compound that system with the fact that our MIC is in many ways a corporate welfare system and so large that it cannot be changed without decimating areas of our economy.

But don't worry the shareholders of the defense contractors are sitting pretty. they are making a killing.

And trust me that much financial power drives policy, it is not about to let something like war and peace get in the way of their profit motive.

#4 | Posted by truthhurts at 2026-08-14 06:43 PM | Reply

So, yeah, we have been spending trillions, more than dozens of other countries spend in toto.

Every single year

And look what it got us

A lost war

And an incentive structure that refuses change and only demands more money

#5 | Posted by truthhurts at 2026-08-14 06:44 PM | Reply

Maybe the US needs to recognize the Rome Statute of the ICC.

As soon as the US recognizes the ICC and the Statute, every US President since the legal date of the ICC could be charged for crimes against humanity, war crimes, crimes of aggression, genocide as there is no statute of limitations.
George W. Bush, Barack Obama, Donald Trump, and Joe Biden.

Then, co-conspirators, and the US Congress.

Maybe that'll get the two parties to get a grip on the MIC.

?

#6 | Posted by Petrous at 2026-08-14 07:01 PM | Reply | Newsworthy 1

US Healthcare is crippled by the same capture of Policy by Finance Capital

Nothing is Cheap. Everything is Going UP.

Financialization of Healthcare, Arms Procurements, Banking, Real Estate, Computers,Communications,and Data Centers, Agriculture, Mining.

You name it, it's Shareholder Value driving the Train.

Not changing Circumstances, not the well being of Americans, Nothing but Concentration of Assets into a very small number of Hands.

They don't Want to Share,they all want to go to Mars or the Moon. They aren't interested in keeping Earth Vital and Healthy,they want New "Frontiers"

Elon's Trillion had to come from Everybody Else.

Jeff's 750 Billion, Mark's Comparible fortune.

It's a Zero Sum Game. No Matter how much they like to Pretend Otherwise.

#7 | Posted by Effeteposer at 2026-08-14 08:52 PM | Reply

Trump is Bankrupting the American Casino just like he did all his Casinos... so how is that surprising?

#8 | Posted by Corky at 2026-08-15 09:14 PM | Reply | Newsworthy 1

@#6 ... Maybe the US needs to recognize the Rome Statute of the ICC. ...

Rome Statute
en.wikipedia.org

... The Rome Statute of the International Criminal Court is the treaty that established the International Criminal Court (ICC).[5]

It was adopted at a diplomatic conference in Rome, Italy on 17 July 1998[6][7] and entered into force on 1 July 2002.[2]

As of January 2025, 125 states are party to the statute.[8]

Among other things, it establishes court function, jurisdiction and structure. ...


#9 | Posted by LampLighter at 2026-08-15 09:28 PM | Reply

@#6 ... The Rome Statute ...

... and that has to do with the DoD budget request .... how?

#10 | Posted by LampLighter at 2026-08-15 09:30 PM | Reply


Trump is Bankrupting the American Casino just like he did all his Casinos... so how is that surprising?

#8 | POSTED BY CORKY

LOL The bankrupting began when congress learned it could by votes with printed money....

#11 | Posted by oneironaut at 2026-08-15 09:35 PM | Reply

US Healthcare is crippled by the same capture of Policy by Finance Capital

For some reason Doctors are rate limited in the US. Go figure ....

#12 | Posted by oneironaut at 2026-08-15 09:36 PM | Reply

Nothing is Cheap. Everything is Going UP.

Because the US has to print more and more $$$ to service its debt.

I said this a couple of years ago, inflation wasn't Biden's fault it was inevitable.

#13 | Posted by oneironaut at 2026-08-15 09:38 PM | Reply


and that has to do with the DoD budget request .... how?

#10 | POSTED BY LAMPLIGHTER

As soon as the US recognizes the ICC and the Statute, every US President since the legal date of the ICC could be charged for crimes against humanity, war crimes, crimes of aggression, genocide as there is no statute of limitations.
George W. Bush, Barack Obama, Donald Trump, and Joe Biden.

Then, co-conspirators, and the US Congress.

Maybe that'll get the two parties to get a grip on the MIC
~ Petrous.

#14 | Posted by oneironaut at 2026-08-15 09:39 PM | Reply

Putin's butt slut is destroying the military.

#15 | Posted by reinheitsgebot at 2026-08-15 09:42 PM | Reply

#11

A distinction sans any difference; just another lame Whataboutism that changes nothing I said.... Trump is bankrupting the country more and faster than ever.

But I do have confidence that someday you'll learn how to make an argument to the point made rather post an attempted distraction that merely highlights the fact that you have no argument at all to what was said; merely a sad deflection.

#16 | Posted by Corky at 2026-08-15 10:18 PM | Reply

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