Author: ePluribus Media

War Profiteers Plead Guilty to Grand Larceny

by Andrew Brenner
ePluribus Media

The owner of a Virginia business indicted for paying kickbacks in the U.N. Oil-for-Food program in Iraq has a reputed history of dealing with the CIA in foreign arms sales.

On October 20, 2005, Midway Trading of Reston, Va., guilty in New York State Supreme Court to grand larceny charges of paying $440,000 in kickbacks to Iraqi officials. The kickbacks had been funneled through the Romanian company Bulf Oil. Midway Trading agreed to pay a $250,000 fine.

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$500 Billion US Defense Spending = Entire World’s Defense Budget

Jeff Huber’s new column at the ePluribus Media Journal In An Arms Race with Ourselves, identifies the who is who in the Industrial-Military Complex, Bush Style.

What Huber reveals is who controls the roughly $500 billion that we will commit to our armed services in 2006.

More than a decade after the demise of the Soviet Empire, and with no peer military competitor on the horizon, America is in an arms race with itself.

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In 21st-century America, however, we’ve refined this form of military-industrial “bedfellowing” to a fine art. You can’t count the hands of everyone who’s knocking down a piece of the defense pie because everyone’s hands are in somebody else’s pockets. It’s a complicated web to untangle, but we can get a sense of it by starting at the top of the arms business food chain.

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