Global military spend hits $1.12 trillion: 48% spend by U.S. alone.

[gatorboy]

http://news.yahoo.com/s/nm/20060612/ts_nm/arms_spending_dc

STOCKHOLM (Reuters) - U.S. spending in Iraq and Afghanistan helped push up global 2005 military expenditure by 3.5 percent to $1.12 trillion, a research body said on Monday.

Several countries, including Saudi Arabia and Russia, benefited from the rise in prices for minerals and fossil fuels to boost their military spending, the Stockholm International Peace Research Institute (SIPRI) said in its latest yearbook.

"The USA is responsible for 48 percent of the world total, distantly followed by the UK, France, Japan and China with 4 to 5 percent each," the Swedish government-funded institute added.

[Avalux]

1. That's our money. Used to wage a war of aggression for

the purpose of putting more money in the pockets of those in power and corporations. The military-industrial complex is alive and well at the expense of the people of this country and untimately the world.

There is no war on terror, there is no threat to this country. It's all a fabrication, intended to consolidate money and power in the hands of the few and leave the rest of us scraping the bottom.