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Obama rips Romney’s Navy expansion: ‘We also have fewer horses and bayonets’
President Barack Obama on Monday mocked Republican presidential nominee Mitt Romney’s complaint about having less ships in the U.S. Navy, saying that the country also had “fewer horses and bayonets.” During the third 2012 presidential debate, the GOP hopeful said that he would be able to balance the budget while…
Study: Military spending in Asia rose dramatically in a decade
Military spending by Asia’s major powers increased dramatically over the past decade with China leading the way, as its defense budget quadrupled since 2000, according to a study released Monday. Defense spending in China and four other Asian countries doubled over 10 years and will surpass Europe’s military expenditures this…
Al-Jazeera video breaks down military spending by the dollar
More than half of every dollar we pay into taxes goes toward military spending, according to an analysis posted by Al-Jazeera earlier this week. The video illustrates a conversation between radio host Dennis Bernstein and journalist Dave Lindorff. “People have to realize that 53 cents of every dollar that they…
Nick Gillespie explains why conservatives should cut defense spending
In a video released on Tuesday, Reason.TV’s Nick Gillespie gave three reasons why conservatives should support reducing U.S. defense spending. “Conservative Republicans are happy to talk about cutting spending on the poor, education, and cowboy poetry readings, but they insist that spending on defense and homeland security be increased,” he…
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