America’s $2.3 Trillion Dollar Foreign Aid is Mostly a Defense Contractor Subsidy

January 11, 2013   |   Tags:

Here’s a ‘Connecting the Dots Moment’ for Americans to ponder:  It’s a well documented fact that Congress wiped out the Social Security Trust Fund over the decades to the tune of at least $2.5 trillion and left a worthless pile of IOU’s, here.  It’s also well documented that foreign aid, according to 2007 figures, totaled an astounding $2.3 trillion.  How would Americans feel if they knew that the government they elected and trusted plundered their Social Security and that their retirement funds landed in the laps of defense contractors and corrupt foreign officials?  

Flushing $2.3 trillion in American tax dollars down the foreign aid toilet, here, is not only an act of grand theft but also a gargantuan welfare program for defense contractors.  The $2.3 trillion figure quoted in the link is based on 2007 data and hundreds of billions have been added to the foreign aid tab since 2007.  Still, it has been estimated that 2/3 of foreign aid lands right in defense contractor laps.

Two Thirds of US Foreign Aid Is Really Military Aid

Foreign aid is one of the biggest scams ever because gobs of American taxdollars end up lost, missing, stolen  unaccountable and untraceable.  Nobody really knows what happens to unaccountable foreign aid dollars.  Our government that disburses the money doesn’t even know or, more likely, refuses to disclose who got the money.

Revealed: How $6.6billion of taxpayers’ money sent to Iraq by Bush may have been STOLEN

It is thought to have been the biggest international cash airlift of all time, when $12billion in aid was flown by the Bush administration to postwar Iraq.

And now, for the first time, investigators auditing the cash have admitted that more than half of that huge amount may have been stolen when it got there in ‘the largest theft of funds in national history’.

Iraq isn’t the only recipient of massive foreign aid that is riddled with scandal.  Although $90 billion in aid has poured into Afghanistan since 2001, here, nobody really knows where that money went and Afghan and US officials are determined to keep it that way.

Karzai blocking probe of missing U.S. $billions in Afghanistan

Afghan President Hamid Karzai is blocking efforts by U.S. officials to locate billions of dollars given to aid Afghanistan’s economy, stymieing efforts to combat money laundering of drug money, corruption and funding terrorists.

Karzai is prohibiting U.S. Treasury agents from accessing the Afghan government’s central bank by allowing and even contributing to “hostile working conditions” for advisers there, according to a new report by the U.S. Inspector General’s Office for Afghanistan Re

Afghanistan is just one of many corrupt nations that are the recipients of tons of US foreign aid and even the NYT chirped in on the corruption in Afghanistan, here. Furthermore it is estimated that Afghanistan will need an additional $6-7 billion in aid over the next 10 years, even if aid dollars are slowing down a bit.  Reuters reported that a staggering 90% of Afghanistan’s budget comes from aid, here.

More than 90 percent of Afghanistan’s $17.1 billion national budget comes from foreign donation…

How did Afghanistan survive before the era of BIG aid?   Just fine! Heck, it’s heroine trade could comfortably bankroll any nation which, of course, raises the issue of precisely why America is so interested in Afghanistan.  It’s widely believed and documented that the CIA, frequently dubbed Cocaine Import Agency, is the biggest drug dealer on the planet, here.

As fiscal and economic woes pile up in America, most Americans remain absolutely clueless as to what is really going on and what their government actually does.

freedom bunker aggregates the best in libertarian news daily. please visit the source site for more information.

Join our team of 2234 Freedom Fighters.

0 0 votes
Article Rating

Welcome Fellow Patriot

Sign up to receive FREEDOM BUNKER DAILY

We don’t spam! Read our privacy policy for more info.

Oldest Most Voted
Inline Feedbacks
View all comments