An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Thursday, August 8, 2013
Furthering my point from yesterday...
http://www.npr.org/blogs/money/2013/08/08/209878158/egypt-may-not-need-fighter-jets-but-u-s-keeps-sending-them-anyway?utm_source=npr&utm_medium=facebook&utm_campaign=20130808
"In all, the U.S. sent more than 1,000 tanks to Egypt since then — valued at some $3.9 billion — which Egypt maintains along with several thousand Soviet-era tanks. "There's no conceivable scenario in which they'd need all those tanks short of an alien invasion," Shana Marshall of the Institute of Middle East Studies at George Washington University, told me"
....
"In fact, he said, at least 200 of the tanks the U.S. has sent to Egypt have never been used. "They are crated up and then they sit in deep storage, and that's where they remain...""
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5 comments:
Can tanks be used to suppress riots?
Remember the pictures from Tiananmen Square? And the Egyptian army was on the street with tanks in the first uprising.
It's amazing the total lack of discussion anywhere on EXACTLY WHY the US is so "generous" towards the Egyptian military. No discussion on TV or radio in the UK on that point. Presumably it's because the US doesn't want an Islamic party in power, and possibly not even any sort of democratically elected party.
As to why the self styled "experts" in the UK don't discuss it, that's presumably because those "experts" are brainless.
What's good for Gen. Dynamics et al is good for the USA?
Foreign aid to Egypt and most other countries is simply a subsidy to the military industrial complex. It takes tax money from poor people, the working poor and the middle class in the US and gives it to wealthy tyrants in client states. For the most part the money never leaves the US, but rather goes straight to defense manufacturers here in the U.S.
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