With expenditure on military being one of the few areas not facing massive government cut backs we should ask: Is our world becoming a safer place?
GOP Leader John Boehner called for cutting federal spending back to 2008 levels before the Obama-Pelosi democrats added a Trillion dollars to the national deficit. Via HotAir: From GOP Leader John Boehner’s Office: During an appeara... Read Post
World military expenditure totalled $1.75 trillion in 2012, a fall of 0.5 per cent in real terms since 2011, the report said.The fall—the first since 1998—was driven by major spending cuts in the USA and Western and Central Europe, ... Read Post
ExxonMobil is slashing capital expenditures by over $4 billion this year. The world's largest oil company is holding its analyst meeting on Wednesday and disclosed the cut in spending plans in presentation materials. In its fourth q... Read Post