Monday, March 30, 2009

Mouth Breathing Moron

In February 2009, Congressman Barney Frank, D-Mass., called for a reduction in the defense budget:
"The math is compelling: if we do not make reductions approximating 25 percent of the military budget starting fairly soon, it will be impossible to continue to fund an adequate level of domestic activity even with a repeal of Bush's tax cuts for the very wealthy. I am working with a variety of thoughtful analysts to show how we can make very substantial cuts in the military budget without in any way diminishing the security we need...[American] well-being is far more endangered by a proposal for substantial reductions in Medicare, Social Security or other important domestic areas than it would be by canceling weapons systems that have no justification from any threat we are likely to face."
http://www.thenation.com/doc/20090302/frank



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So if we cut 25% of $606.5B* we have $454.9B (rounding up) which is almost equal (439.2B) to the amount the US spent on Welfare and less than what just the Federal government spends on healthcare (672.3B). We just spent more money bailing out the banks than we spend on our National Defense.
Looking at it as a % of GDP we get around 4% which puts us around 27th among the worlds nations.

I think that mouth breather Barney Frank needs to STFU and if he wants to talk cutting spending perhaps he shouldn't be giving our money to his Campaign Donors**.

*606.5B is just what we spent on Military Defense and does not count the 35B in Foreign Military and Economic Aid or 83B in Veterans Benefits and Aid which is included in the pie chart as 'Defense' Spending

** A look at Barney's top contributors shows a huge majority of finance and insurance companies, and the individual donors list shows more of the same.

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