The Texas flooding catastrophe is up to 119 dead and 160 still missing.
- A 100-year flood means that there is a 1% chance that this will happen at your home's location in any given year.
- A 1000-year flood means there is a 0.1% chance of this occurring.
- Read details here.
You go to your very first G8 Nations Summit, by your declared emergency to be held at United Nations headquarters in New York City, and pronounce a Gorbachev-like bombshell: our country will reduce military spending by 10% this year, and will continue to do so for the next eight years. This scenario is described on page 65 of my Book 2. You say, we want every country to do the same, for this 10% solution is our best response to Peak Oil and Global Warming. At this stage, keep quiet about the "ending wars forever" part, as then, no one will take you too seriously.
What are the truly monumental problems facing our society and how do we fix them? I dealt with one, Global Climate Change, in my previous HuffPo post. Just a 5 cents/pound carbon dioxide credit (or tax) is all we need to save Planet Earth and Humanity. At this writing, there were 64 comments, and while most were supportive, a few just did not get the point. I was using sarcasm and fear instead of almost useless pure logic.
- For example, do you realize that the USA accounts for 40% of funds spent for war by the whole world. In fact, we apply more to "defense" than the NEXT 9 COUNTRIES COMBINED!!!
- This information is supplied by the Peter Peterson Foundation, established in 2008 for a billion dollars. He is a former U.S. Secretary of Commerce in the Nixon Administration, and co-founder of the Blackstone Group. The Advisory Board currently consists of former Senator Bill Bradley, Secretary of Treasury Robert Rubin, Secretary of Health and Human Services and Secretary of State George Schultz, and others. Peterson passed away 7 years ago.
- For national security and deterrence. Strength through power. To make sure really bad leaders take us seriously.
- Global power influence.
- Economic considerations. Stimulates economy and provides jobs.
- More than half (54%) of Department Defense discretionary spending goes to defense contractors.
- From 2020-2024, private firms received $2.4 trillion in contracts from the Pentagon.
- Five firms (Lockheed Martin, RTX, Boeing, General Dynamics and Northrup Grumman) go $771 billion of those funds.
- Over the past 35 years, the Pentagon has devoted an increasing share to defense contractors. Eisenhower's warning was 64 years ago.
- Defense contractors spend roughly $140 million annually on lobbying, much to campaign contributions. Yes, this is Democratic Senator Bernie Sanders, but read his thoughts about this scurrilous reality.
- He says the U.S. spends more on its military than the next 10 countries combined, but maybe he has more recent data.
- Their CEOs make 100 times more than the secretary of defense and 500 times more than the average newly enlisted service member.
- The DOD always fails their audit, and recently couldn't account for 63% of its $3.8 trillion in assets.
- No one denies that we need a strong military. But, like every other agency of government, it must be run efficiently and cost-effectively. It cannot simply be a cash cow for a handful of giant corporations.
- The average level of country peacefulness deteriorated by 0.36 percent in the 2025 Global Peace Index. This is the sixth consecutive year that global peacefulness has deteriorated.
- The average country score on the GPI has also deteriorated for 13 of the past 17 years, and has not improved on average in any year since the 2013 GPI.
- Global military spending hit a record $2.7 trillion in 2024, a nine per cent increase from the previous year, driven largely by conflicts such as the war in Ukraine.
- No one anywhere has complete peace, even at home, and when some live alone. Think about this. Is conflict an inherent part of human nature?
- Certainly, defense contractors will continue to do what it does.
- The concept of world peace as a complete and sustained absence of conflict remains an ideal more than a historical reality. Maybe forever, until we are replaced by Artificial Intelligence.
1. “Imagine”—John Lennon
2. “Blowin’ in the Wind”—Bob Dylan
3. “Song of Bangladesh”—Joan Baez4. “Fortunate Son”—Creedence Clearwater Revival
5. “All These Things That I’ve Done”—The Killers
6. “Give Peace a Chance”—Plastic Ono Band7. “Bulls on Parade”—Rage Against the Machine
8. “Sunday Bloody Sunday”—U2
9. “Eye of Destruction”—Barry McGuire10. “The Fiddle and the Drum”—Joni Mitchell
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