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Secretary Panetta is set to come out with his new “strategy” to offer his assessment on how to cut the military budget. The question remains: will it be the same old or will he have the courage to mandate what truly needs to be done to build a stellar military for America’s future national security needs?
It seems inevitable that US forces will be looking at about a $450 billion budget cut over the next ten years. Moreover, if Congress doesn’t stop its incessant bickering over who stole whose cheese, the military will then lose an additional $500 billion to cover the US government’s flagrant disregard for Congress’s failure to responsibly use your tax dollars.
So I ask you all out there in US land — what is the big deal? Warren Buffett could cover the $45B a year decrease (or $95B a year if the full cut goes through) before you can say Goldman Sachs. Although I bet neither Warren Buffett nor Goldman Sachs would lend or, in this case, give that money away without first figuring out what recipient is going to do with it and, more importantly, what they are going to get out of it.
This article was originally published on The Huffington Post
