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The Truth About Pentagon Spending: It’s Not About Defending Us | Graham Elwood

391 views · Published 17 October 2017 · 10:22 · Indexed 6 November 2026

Channel: Graham Elwood · 2017 · News & Politics

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The Truth About Pentagon Spending: It’s Not About Defending Us | Graham Elwood

In this video, Graham Elwood examines an investigative report by William D. Hartung published in Truthdig and TomDispatch, analyzing how the military-industrial complex lines the pockets of defense contractor CEOs and lobbyists rather than supporting troops or veterans. Graham breaks down Pentagon contract allocations totaling over $300 billion in 2016 to giants like Lockheed Martin, Boeing, Raytheon, General Dynamics, and Northrop Grumman. He contrasts multi-million-dollar executive pay packages with the epidemic of veteran homelessness and suicides, exposing bipartisan congressional votes that inflate defense budgets while neglecting domestic social needs.
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📚 Sources & Further Reading:
1. Truthdig / TomDispatch - William D. Hartung on How the Military-Industrial Complex Exploits Troops: https://www.truthdig.com/
2. Center for International Policy - Arms & Security Project: https://www.ciponline.org/
3. Federal Procurement Data System (FPDS) - Top 100 Federal Contractors Report: https://www.fpds.gov/
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In this video I discuss the following: 
✅ William D. Hartung’s report detailing how defense spending enriches corporate executives over soldiers
✅ The top five defense contractors (Lockheed Martin, Boeing, Raytheon, General Dynamics, and Northrop Grumman) gobbling up $100B
✅ Pentagon contracts flowing to private healthcare corporations, Big Pharma, and major research universities
✅ Contractor CEOs making a combined $96 million while veterans face homelessness and mental health crises
✅ The defense lobbying machine: over $1 billion spent and hundreds of registered lobbyists deployed since 2009
 
⏳ Timestamps: 
00:00 - Introduction & Truthdig Report on the Military-Industrial Complex
01:25 - Breakdown of Top Pentagon Contractors & Multi-Billion-Dollar Awards
02:20 - Non-Weapon Contracts: Health Insurers, Big Pharma & University Research
04:05 - $96 Million in CEO Salaries vs. Veteran Suicides & Neglect
06:05 - Bipartisan $80B Budget Increases & Over $1 Billion in Defense Lobbying
08:15 - Reallocating Military Dollars to Healthcare, Infrastructure & Wrap-Up

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