A troubling trend in defense spending

The Obama administration has changed the spending focus on military spending in a troubling way. Here is a good summary of what is happening from the WSJ: U.S. Boosts Ranks of Elite Forces.

The lead graf notes: “WASHINGTON—The Obama administration has been secretly building up its ranks of hunter-killer commandos, such as the Navy SEAL team that killed Osama bin Laden.

Since 2009, the U.S. has boosted the number of strike teams in Afghanistan from four to 20, each with 10 to 100 men. These and other special-operations forces have carried out thousands of raids in the past year, officials said, killing about 3,200 insurgents and capturing approximately 8,000 more.

Not to put too fine a point on it, the U.S. government is now training professional assassination teams.

Republic is Dead – Roman Empire is Rising!


About InvestingforOne

I've been investing in various assets by myself using a discount broker for many years. Over that time, I've developed some theories that others might find useful. Plus, there is more to investing than money. Time, talent, work, friends, family all go into developing a good and satisfactory strategy.
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