Alan Grayson on "The War Is Making You Poor" Act (Video)
2010 06 22

From: YouTube.com/TheFilmArchive



Video from: YouTube.com

The War Is Making You Poor Act (H.R.5353), introduced by Rep. Alan Grayson on May 20th, 2010, is a bill which aims to cut separate funding for the wars in Iraq and Afghanistan, and uses the money to eliminate federal income taxes on every American’s first $35,000 of income. The bill has garnered the support of 18 Cosponsors in congress, including Ron Paul (R-TX), Walter Jones (R-NC), John Conyers (D-MI), Lynn Woolsey (D-CA), and Dennis Kucinich (D-OH).

The military budget is that portion of the United States discretionary federal budget that is allocated to the Department of Defense, or more broadly, the portion of the budget that goes to any defense-related expenditures. This military budget pays the salaries, training, and health care of uniformed and civilian personnel, maintains arms, equipment and facilities, funds operations, and develops and buys new equipment. The budget funds all branches of the U.S. military: Army, Navy, Air Force, and Marine Corps.

The 2009 U.S. military budget is almost as much as the rest of the world’s defense spending combined and is over nine times larger than the military budget of China (compared at the nominal US dollar / Renminbi rate, not the PPP rate). The United States and its close allies are responsible for two-thirds to three-quarters of the world’s military spending (of which, in turn, the U.S. is responsible for the majority).

In 2005, the United States spent 4.06% of its GDP on its military (considering only basic Department of Defense budget spending), more than France’s 2.6% and less than Saudi Arabia’s 10%. This is historically low for the United States since it peaked in 1944 at 37.8% of GDP (it reached the lowest point of 3.0% in 1999--2001). Even during the peak of the Vietnam War the percentage reached a high of 9.4% in 1968.

For the 2010 fiscal year, the president’s base budget of the Department of Defense rose to $533.8 billion. Adding spending on "overseas contingency operations" brings the sum to $663.8 billion.

When the budget was signed into law on October 28, 2009, the final size of the Department of Defense’s budget was $680 billion, $16 billion more than President Obama had requested. An additional $33 billion supplemental bill to support the wars in Iraq and Afghanistan was expected to pass in the spring of 2010, but has been delayed by the House of Representatives after passing the Senate. Defense-related expenditures outside of the Department of Defense constitute between $216 billion and $361 billion in additional spending, bringing the total for defense spending to between $880 billion and $1.03 trillion in fiscal year 2010.

The recent invasions of Iraq and Afghanistan were largely funded through supplementary spending bills outside the Federal Budget, so they are not included in the military budget figures listed below. In addition, the Pentagon has access to black budget military spending for special programs which is not listed as Federal spending and is not included in published military spending figures. Starting in the fiscal year 2010 budget however, the wars in Iraq and Afghanistan are categorized as "Overseas Contingency Operations" and included in the budget.

By the end of 2008, the U.S. had spent approximately $900 billion in direct costs on the Iraq and Afghanistan Wars. Indirect costs such as interest on the additional debt and incremental costs of caring for the more than 33,000 wounded borne by the Veterans Administration are additional. Some experts estimate these indirect costs will eventually exceed the direct costs.

Article from: YouTube.com/thefilmarchive



"This video became interesting to me simply because of the fact it was announced 1 day prior to the September 11th terrorist attacks in the U.S. Why has there been no mention of the massive amount of the taxpayers money gone missing? It is almost as though after the 9/11 tragedy it was forgotten.
I don’t know about the other citizens of the United States but I would like to know where 2.3 TRILLION dollars has gone. I believe when we as taxpayers give our hard earnings to the government is it not their responsibility to explain where the money is being spent? Was this case forgotten? If so, WHY? I would like to know where this money has gone. Wouldn’t you?"








Video from: YouTube.com



Related Articles
"The War is Making You Poor" Website
US justifies Predator drone program as ’self defense’
’Peace Prize’ President Submits Largest War Budget Ever
Pentagon’s Black Budget Tops $56 Billion
What’s Really in the U.S. Military Budget?
2.3 TRillion $$ of the TAXPAYER’s MONEY IS MISSING (Video)


Latest News from our Front Page

Ingraham to Zuckerberg: Time for Open Borders at Your Mansion
2014 09 19
Talk radio host Laura Ingraham re-iterated her challenge to debate Facebook co-founder and CEO Mark Zuckerberg and criticized him for securing his property while demanding the US allow illegal immigrants to remain in the country on Monday. “In the end, borders work for these guys. Right, I would not want to be on [Facebook board member] Marc Andreesen’s household staff if ...
MasterCard tests Orwellian national ID card on Nigeria
2014 09 19
The march toward enslaving the world’s population by a handful of globalist statists and corporations continues, with the latest chapter unfolding, of all places, in Nigeria, compliments of MasterCard. According to the website GovtSlaves.info, the credit card giant is rolling out a card in Africa’s most populous country that has the ability to retain all personal, health insurance, tax payment and ...
Doctor: Gov’t ‘Tight-Lipped’ on Respiratory Virus, May Be From Illegals
2014 09 19
Dr. Jane Orient, Executive Director of the Association of American Physicians and Surgeons, reported that the government has been “real tight-lipped” about the mysterious respiratory illness that has struck children in the United States, expressed concern that the illegal immigrant minors from Central America could be the source, and argued that the government should devote more resources to border security ...
Breaking—CDC whistleblower: “I’ve stopped lying”
2014 09 18
Explosive…explosive…explosive… What more could anyone want in the way of evidence for an ongoing crime? There is a video posted at the autism media channel/YouTube, and at Age of Autism: “William Thompson’s call to Congress.” It is a recording of a telephone call between CDC whistleblower Thompson and Brian Hooker, PhD. No date is given. Presumably, the call was recorded before August 27, when ...
Ebola patients buying survivors’ blood from black market, WHO warns
2014 09 18
As hospitals in nations hardest hit by Ebola struggle to keep up, desperate patients are turning to the black market to buy blood from survivors of the virus, the World Health Organization warned. The deadliest Ebola outbreak in history has killed at least 2,400 people in Guinea, Liberia and Sierra Leone -- the countries most affected by the virus. Thousands more are ...
More News »