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Pros And Cons Of War Profiteering

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The United States has been a constant participate in war time affairs. In the start of the country the US has been involved in dozens all stemming from the protection of thave been instilled upon by the forefathers, the country's core value: liberty, justice, and freedom. Fighting for the core vaules of thenation have been a forfitted responsibility put on by the forefathers. Protecting the nation from any from of attack on the vaules have been challenged. In the past century the unethical business process of war profiteering has risen, leading to the unjust profiting during a time of crisis. War profiteers have made billions of dollars during war since the beginning of war time fighting in the United States. The overall economic gain of oneself …show more content…
( Barnes 1 ) In regard to war profiteering,the deal would cost the U.S. military 20 billion dollars. The deal stated in Julian È. Barnes investigated report claims that Boeing Aircraft, a major war profiteer cashed in on a deal that later ultimately cost the US government 318 billion dollars. Barnes states, ¨The Boeing planes would be built in Washington State, converted to tankers in Kansas, and,possibly, based in North Dakota. In due course, just as day follows night, senators from those three states rose to endorse the tanker deal. ¨ ( Barnes 1) The deal included 100 refueling tanks being leased to the Air Force for ten years. The added amendments to the deal were all added by state senator for their own states personal economic gain. Almost all of the Senators of the House were obeyed by Boeing Aircraft company after knowing the popularity and economic gain it would bring to the state increasing their own personal gain. The deal was rejected by John Mcain and ( find who else ) in order to separate themselves from the corruption of profiteering off war. All the senators who added amendments allowed a cost that would cost american taxpayers upwards of billions of dollars. In the address to the Senate, John Mcain being one of few members to …show more content…
The government officials obtained a large stock in military companies which ultimatley corrupts decisons made on when to get involved. The lose of money if war time stopped would be immense to government officials , they used their large budgets to lobby members on the board to vote in their favor. ( Perlo 1 ) As seen clearly during the Vietnam War, in the article ¨ It's not a Myth Arms Profiteering¨ Perlo gives a chart describing the 5 major Pentagon contractors during the 1960, 1964, & 1968. The private Pentagon contractor or war profiteers would land million dollars military contracts and would have investors invest in their business. But the corruption behind this is the investors were all government officials that used their power to vote for contracts with business that they already had investments in. This process as written by Perlo ¨ Also, the armament business is many-layered; a number of slices of profit are taken out of each dollar of Pentagon purchases.¨ ( Perlo 2 ) Reveals the true nature of our government officials when it comes to war profiteering, war profiteering brings out complete corruption and

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