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Congressmen Derive Financial Profit From War

Name: Anonymous 2008-05-29 19:24

http://www.infowars.com/?p=2417
http://www.opednews.com/articles/opedne_ralph_fo_080527_151_congressmen_deri.htm

Who profits from the Iraq war? More than a quarter of senators and congressmen have invested at least $196 million of their own money in companies doing business with the Department of Defense (DoD) that profit from the death and destruction in Iraq.
...
 War hawk Sen. Joe Lieberman (IConn.), chairman of the defense-related
Senate Homeland Security and Governmental Affairs Committee, had at least $51,000 invested in these companies in 2006.

Sen. Hillary Clinton (D-N.Y.), who voted for Bush’s war, had stock in defense companies, such as Honeywell, Boeing and Raytheon, but sold the stock in May 2007.

Name: Anonymous 2008-05-30 1:52

Yes, market forces.  You're right.  There's a war and the military needs lots of new stuff on a constant basis.  They buy all their stuff from a select few companies.  Those companies make a ton of profit, driving their stock price up.  Indeed the market has made "defense" stocks desirable and profitable for stock holders.

Or did you think defense contractors were making money because the DOW was up?  Get real, clown.

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