The high profits generated by military spending goes to US corporations, such as Lockheed Martin and General Dynamics. These corporations have CEOs and shareholders. The extraordinary guaranteed profits made by these corporations via the public dole (military spending) go to inflated CEO salaries, inflated profits, inflated dividends, inflated share prices, and to purchase lobbyists and politicians.
The result of US military spending is a massive redistribution of income from the 99 percent via their blood, war, and tax dollars to the 1 percent.
This is why the United States spends more money on its military than the next 26 nations combined, and twenty-five of those nations are allies. In other words, there is no military threat to the USA that justifies having such a bloated military. It’s all about redistributing money to the 1 percent.
President Obama is a prime example of how this political process works. The billionaire Crown Brothers have been a financial patron of the president since his days a state legislator in Illinois. The Crown brothers own 24 percent of the shares of General Dynamics.
When Obama became president, he ordered more drone attacks than all other US presidents combined in his first two years in office. General Dynamics is a major and profitable producer of drones. The Crown brothers have profited handsomely by backing the president.
