"The idea of President Obama quoted in the letter of March 26 that the U.S. is just another "member of the international community" is ludicrous. It's akin to saying that China is just another country in Asia, like Bhutan.
The U.S. has been and continues to be the leader of the free world by any measure of that term. American power is what has kept the world from massive conflicts for the past 70-plus years and retreating from that position invites world chaos. Furthermore, President Obama's green energy position has strangled our recovery and is now hampering the free world's response to overt Russian aggression. American leadership in these areas has been badly lacking, but it is sorely needed."
Richard Switzer
Tucson, Ariz.
Maybe if we did a little less bullying and lots more leading.
ReplyDeletehttps://www.youtube.com/watch?v=_8rbHwMXMT8
War Is A Racket by General Smedley Butler
http://www.scuttlebuttsmallchow.com/racket.html
WHO MAKES THE PROFITS?
The World War, rather our brief participation in it, has cost the United States some $52,000,000,000. Figure it out. That means $400 to every American man, woman, and child. And we haven't paid the debt yet. We are paying it, our children will pay it, and our children's children probably still will be paying the cost of that war.
The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits – ah! that is another matter – twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent – the sky is the limit. All that traffic will bear. Uncle Sam has the money. Let's get it.
Of course, it isn't put that crudely in war time. It is dressed into speeches about patriotism, love of country, and "we must all put our shoulders to the wheel," but the profits jump and leap and skyrocket – and are safely pocketed. Let's just take a few examples:
Take our friends the du Ponts, the powder people – didn't one of them testify before a Senate committee recently that their powder won the war? Or saved the world for democracy? Or something? How did they do in the war? They were a patriotic corporation. Well, the average earnings of the du Ponts for the period 1910 to 1914 were $6,000,000 a year. It wasn't much, but the du Ponts managed to get along on it. Now let's look at their average yearly profit during the war years, 1914 to 1918. Fifty-eight million dollars a year profit we find! Nearly ten times that of normal times, and the profits of normal times were pretty good. An increase in profits of more than 950 per cent.
Take one of our little steel companies that patriotically shunted aside the making of rails and girders and bridges to manufacture war materials. Well, their 1910-1914 yearly earnings averaged $6,000,000. Then came the war. And, like loyal citizens, Bethlehem Steel promptly turned to munitions making. Did their profits jump – or did they let Uncle Sam in for a bargain? Well, their 1914-1918 average was $49,000,000 a year!
Or, let's take United States Steel. The normal earnings during the five-year period prior to the war were $105,000,000 a year. Not bad. Then along came the war and up went the profits. The average yearly profit for the period 1914-1918 was $240,000,000. Not bad.
There you have some of the steel and powder earnings. Let's look at something else. A little copper, perhaps. That always does well in war times.
Anaconda, for instance. Average yearly earnings during the pre-war years 1910-1914 of $10,000,000. During the war years 1914-1918 profits leaped to $34,000,000 per year.
Or Utah Copper. Average of $5,000,000 per year during the 1910-1914 period. Jumped to an average of $21,000,000 yearly profits for the war period.
Let's group these five, with three smaller companies. The total yearly average profits of the pre-war period 1910-1914 were $137,480,000. Then along came the war. The average yearly profits for this group skyrocketed to $408,300,000.
A little increase in profits of approximately 200 per cent.
Does war pay? It paid them. But they aren't the only ones. There are still others. Let's take leather.