Tag Archives: Arms monopolies

US media ‘experts’ on Iran with undisclosed ties to the defence industry

Since US president Donald Trump ordered the drone attack that assassinated Iranian Major General Qasem Soleimani and Abud Mahdi al-Muhandis, a leading member of the Iraqi armed forces and eight other officials, US and Canadian television news has been filled with commentary on the strike and its implications. An investigation by the Popular Information website reveals that numerous “experts” appearing on cable TV to opine on Iran have undisclosed financial ties to the biggest arms monopolies. They are deliberately paraded as neutral, independent, non-partisan and “third party experts” to confuse the people and put them out of action. Some are also featured by CBC. | JUDD LEGUM

This is significant because arms monopolies and other entities that do business with the Pentagon profit from war, the most profitable business of all. They sell the products that make war possible. If there is more fighting, they will sell more weapons. That’s why weapons manufacturers saw their stock prices spike after Gen. Soleimani was killed. Continue reading

Leave a comment

Filed under Media, Journalism & Disinformation

Profiteering from US aggression against Iran

By SARAH ANDERSON

Merchants of Death – Lithograph by Mabel Dwight

CEOs of major U.S. military contractors stand to reap huge windfalls from the escalation of conflict with Iran. This was evident in the immediate aftermath of the U.S. assassination of a top Iranian military official . As soon as the news reached financial markets, these companies’ share prices spiked, inflating the value of their executives’ stock-based pay.

I took a look at how the CEOs at the top five Pentagon contractors were affected by this surge, using the most recent SEC information on their stock holdings. Continue reading

Leave a comment

Filed under Asia, Uncategorized, United States

Canada’s integration into the US imperialist war economy

By K.C. ADAMS

Canada’s integration into the U.S. imperialist war economy is a serious matter of concern for Canadians. The U.S. war economy has tentacles into every U.S. state as well as Canada and countless other places abroad. The war economy encompasses production and sales of military goods and services to military customers domestically and internationally and all the fixed and circulating value it requires to operate such as buildings and fuel. The war economy includes thousands of military bases, airports, colleges, research centres, intelligence agencies, testing facilities and a vast army of active duty and reservist military personnel and services to veterans. Continue reading

Leave a comment

Filed under Canada

The global arms trade

merchantsofdeath.Lithograph by Mabel Dwight

Merchants of Death – Lithograph by Mabel Dwight

Worldwide total military spending amounts to some $1.69 trillion per year. Of this, about $375 billion goes to buying arms.

The volume of international transfers of major arms in the period 2014-18 was 7.8 per cent higher than in 2009-13 and 23 per cent higher than in 2004-2008, according to data on arms transfers published in March by Stockholm International Peace Research Institute (SIPRI). Continue reading

1 Comment

Filed under Canada

War profiteers not welcome in Canada! Opposition organized to Ottawa weapons fair

By NICK LIN

MakeCanadaZonePeace-CapturingPeaceThe annual CANSEC weapons fair is being held in Ottawa May 29 and 30. Anti-war activists are holding a protest during the opening speech by Minister of Defence Harjit Sajjan on May 29. Two other federal ministers – Navdeep Bains, Minister of Innovation, Science and Economic Development and Carla Qualtrough, Minister of Public Services and Procurement – and Lieutenant-General Paul Wynnyk, Vice Chief of the Defence Staff will also deliver keyote addresses. The “weapons fair” is organized by the Canadian Association of Defence and Security Industries (CADSI), involving some 900 corporations. It  has been hosted annually in Ottawa since 1998 and just as often opposed by the people of that city. Continue reading

Leave a comment

Filed under Canada

Picket Arms Manufacturers’ Trade Show — May 29

Make Canada a Zone for Peace!

Ottawa
No Weapons for Saudi Arabia! No New Nuclear Arms Race!
Yes to Peace!
Wednesday, May 29 – 7:00 am

EY Centre, 4899 Uplands Drive, Ottawa
Facebook

The largest war profiteer/arms manufacturer trade show in Canada (Cansec) is happening in Ottawa on May 29-30. Multinational corporations making billions in profit off nuclear weapons manufacturing and violence overseas — including Canada’s weapons sales to Saudi Arabia — will be there. The U.S. military is the single largest contributor to global warming, while Canadian Forces overseas operations are exempt from Canada’s greenhouse gas emissions inventory. Minister of Defence Harjit Sajjan will speak on the morning of May 29 at the EY Centre.

Leave a comment

Filed under Canada

The defence secretary from Boeing

merchantsofdeath.Lithograph by Mabel Dwight

Merchants of Death – Lithograph by Mabel Dwight

Boeing vice-president Patrick Shanahan, who formerly led the company’s missile defense subsidiary, became Deputy Defense Secretary – the second highest position in the Pentagon – and now replaces Gen. James Mattis as Acting US Defense Secretary in the Trump administration, effective January 1st. [1]

Continue reading

1 Comment

Filed under United States