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IPFS News Link • Military Industrial Complex

Beware the Pentagon's Pandemic Profiteers

• https://www.lewrockwell.com By Mandy Smithberge

At this moment of unprecedented crisis, you might think that those not overcome by the economic and mortal consequences of the coronavirus would be asking, "What can we do to help?" A few companies have indeed pivoted to making masks and ventilators for an overwhelmed medical establishment. Unfortunately, when it comes to the top officials of the Pentagon and the CEOs running a large part of the arms industry, examples abound of them asking what they can do to help themselves.

It's important to grasp just how staggeringly well the defense industry has done in these last nearly 19 years since 9/11. Its companies (filled with ex-military and defense officials) have received trillions of dollars in government contracts, which they've largely used to feather their own nests. Data compiled by the New York Times showed that the chief executive officers of the top five military-industrial contractors received nearly $90 million in compensation in 2017.


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