18 votes

Pentagon Revolving Door: Generals Strike Gold In Private Defense Industry

http://youtu.be/jv4CQJuANYM

Key Findings:

  • Retired generals can make more than their yearly military pay by serving on corporate boards.
  • Contractors have increased spending on lobbying for 40 percent in the last five years.
  • The U.S. government paid the top five defense contractors $113 billion in 2011.
  • As of early 2012, 68 percent of lobbyists for the top five defense contractors had prior public sector experience.
  • Pentagon rules prohibiting the revolving door are riddled with loopholes.

Full Report from CREW, below:

CREW: Strategic Maneuvers - The Revolving Door from the Pentagon to the Private Sector

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It stands to reason to hire ex-generals

They have connections in the Good 'Ol Boy network, especially with former West Point buddies, to persuade the Pentagon and Congress committees to buy more war toys.

Like how Congress and others in DC were privy to Wall street insider info that would be illegal for citizens. This is the real power and privileged that comes with holding office--while still earning a nice paycheck and entitlements at our expense.

Conscience does not exist if not exercised

"No matter how cynical you get, it's impossible to keep up!
---Lily Tomlin

ytc's picture

Thanks for front-paging this. I would have missed otherwise.

Another somewhat related negative influence of the bloated MIC business is that young bright engineers are having harder time finding any good jobs outside the military industry now, compared to only a few decades ago.

The CIA controlled

Military Industrial Complex, is out of control. A massive leech, sucking the life blood out of The United(?) States of America.
Evil men, with evil hearts...