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Tuesday, March 5, 2024

Ever Hear Of The Truman Committee?

Basically it was a good idea to draw in the massive defense spending....to make it more accountable and responsible.... I have been railing about the amount of money that is thrown at the Pentagon....the massive profits of a few huge industry with a f…
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Ever Hear Of The Truman Committee?

lobotero

March 5

Basically it was a good idea to draw in the massive defense spending....to make it more accountable and responsible....

I have been railing about the amount of money that is thrown at the Pentagon....the massive profits of a few huge industry with a few players.

Then I recall something from our distant past that makes good sense.

On February 10, 1941, a relatively unknown senator, Democrat Harry S. Truman of Missouri, rose on the Senate floor to deliver a speech that would forever change his destiny. Though the United States officially remained "neutral" to the war raging in Europe, the German invasion and occupation of France and the Low Countries in 1940 prompted action by the U.S. government. President Franklin Roosevelt requested, and Congress hastily appropriated, more than $10.5 billion to bolster national defense buildup. A former small business owner, Truman cautioned against awarding defense contracts in a way that "make[s] the big men bigger and let[s] the little men go out of business or starve to death." He advised against distributing contracts "on the basis of friendship or political affiliation." Championing legislative oversight, Truman proposed an "investigation of the national defense program and the handling of contracts."

This became known as the 'Truman Committee'....

I bring this up because someone in Congress has floated the idea of a 'Truman Committee' to be reestablished....

U.S. Sen. Bernie Sanders has a novel way to stop military-industrial complex profiteers from "bilking the American people"—and it's actually over 80 years old.

In an article published Tuesday in The Atlantic, Sanders (I-Vt.) called for a revived Truman Committee—a World War II-era bipartisan congressional panel "designed to rein in defense contractors, closely oversee military contracts, and take back excessive payments."

"America's national priorities are badly misplaced," the senator asserted. "Our country spends, with almost no debate, nearly $1 trillion a year on the military while at the same time ignoring massive problems at home. We apparently have unlimited amounts of money for nuclear weapons, fighter planes, bombs, and tanks. But somehow we can't summon the resources to provide healthcare for all, childcare, affordable housing, and other basic needs.

"The United States remains the world's dominant military power," the senator continued. "Alone, we account for roughly 40% of global military spending; the U.S. spends more on its military than the next 10 countries combined, most of whom are allies. Last year, we spent more than three times what China spent on its military."

Sanders noted that nearly half of the approximately $900 billion the U.S. will allocate for military spending this year "will go to a handful of huge defense contractors enjoying immense profits," with many weapons companies profiting handsomely off sales to Ukraine, which is struggling to repel a two-year Russian invasion.

In what Sanders called a "particularly egregious example" of war profiteering, RTX Corporation—formerly Raytheon—has increased the price of its Stinger shoulder-launched surface-to-air missiles by 600% to $400,000 since the early 1990s.

https://www.commondreams.org/news/sanders-military-spending-2667378533

It amazes me that Americans will ignore this  situation but will fly off the handle when some woman in Bumfuk, Indiana gets $300 extra in her EBT card.

I think Bernie has a helluva idea....these parasites need to be investigated and punished...

But the industry has hundreds of lobbyists to spread the cash around to see that any oversight is squashed.

While Bernie has a good idea....money will decide the idea's fate.

I Read, I Write, You Know

"lego ergo scribo"

 

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