War Costs Campaign kicks off with new video
Brave New Films just announced a new campaign to target the Defense Industry, which is lobbying to make sure that there will be no cuts in military spending.
This new campaign, War Costs, just finished a new video that looks at the efforts of the war profiting industry to lobby the new deficit commission. The war profiting industry has even created a new PAC called Second to None, which has spent millions already lobbying Congress.
According to the War Costs campaign:
“War spending costs us jobs compared to other ways of spending the money. For every billion dollars we spend on war instead of education, renewable energy technology, or even simple tax cuts for consumption, we give lose between 3,200 and 11,700 jobs, at least. War spending is terrible at job creation, period.
Now, keep that several-thousand-jobs cost per billion dollars in mind when you look at the following list. It’s the amount in revenues that each of the top five military contractors made in 2010 strictly through doing business with the U.S. government, according to their annual reports:
- Lockheed Martin: $38.4 billion (84 percent of total 2010 revenues)
- Northrop Grummon: $32.1 billion (92 percent of total 2010 revenues)
- Boeing: $27.7 billion (43 percent of total 2010 revenues)
- General Dynamics: $23.3 billion (72 percent of 2010 revenues)
- Raytheon: $22.3 billion (88 percent of total 2010 revenues)
These companies have proven track records of doing or saying anything to protect profits. Every one of these corporations was cited for misconduct in 2010. The committee members should remember that when these guys come calling on Tuesday with talking points in hand, especially since one of the instances of corruption for which these jokers were cited last year was a violation of the False Claims Act in an attempt to grab more taxpayer money. The truth is no obstacle for these companies when profit is on the line.”
The War Costs campaign is asking people to call the co-chairs of the deficit committee and tell them that the defense industry doesn’t need more government hand out.
Senator Patty Murray (D-Wash.): (202) 224-2621
U.S. Rep. Jeb Hensarling (R-Texas): (202) 225-3484