ACC Archives

Tag: military
Trump, Kim handshake, talk of peace sinks U.S. defense stocks

Peace is great for business. War is terrible for business. This is almost universally true. Almost. (From The USA Today) “If weapons are used they need to be replaced,” says McMillan. “That makes war a growth story for these stocks, and one...

The Pentagon Budget as Corporate Welfare for Weapons Makers

One of the recurring themes of this website over the years has been the free ride too many “conservatives” give to the Pentagon and the military-industrial complex. The military is big big government and it goes far beyond “defense”...

Pentagon starting first-ever financial audit

This audit is headed by Grover Norquist’s brother. So there is a glimmer, a sliver, of hope that some good might actually be done here. We’ll see. Talk about a colossal undertaking. (From The Hill) Department of Defense...