Saturday, January 07, 2012
by Ted Rudow III , MA Thursday, 05 January 2012
The Stockholm International Peace Research Institute reports that world military expenditures are averaging between $900 billion and $1 trillion a year. Using the $1 trillion figure, that means an astronomical two million dollars are spent worldwide on the military every minute! U.S. Military spending 42% of this.
A $30 billion, 10-year plan to provide clean water to the poor of the developing world would cost just ten days of military spending. Eighteen days of military spending yearly could eradicate malnutrition worldwide. Experts believe that $200 million, or about three hours of military spending, could wipe out the diseases of diphtheria, whooping cough, tetanus, measles and polio, which together kill four million children every year.
Former U.S. president General Dwight D. Eisenhower highlighted the wanton waste of war when he declared, “Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. ... Under the cloud of threatening war, it is humanity hanging from a cross of iron. ... Is there no other way the world may live?"