The Pentagon's Financial Black Hole: What They Don't Want You to Know | Graham Elwood

280 views · Published 7 April 2017 · 8:38 · Indexed 8 November 2026

Channel: Graham Elwood · 2017 · News & Politics

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The Pentagon's Financial Black Hole: What They Don't Want You to Know | Graham Elwood

In this video, Graham Elwood examines a breakdown of the U.S. Defence Department budget, focusing on the Overseas Contingency Operations (OCO) fund—a massive, loosely overseen "Pentagon slush fund" originally created to finance the wars in Iraq and Afghanistan. Drawing on data from the National Priorities Project, Graham discusses how billions of dollars bypass normal budget scrutiny, how defence spending devours over half of the discretionary budget, and how this bloated military-industrial complex starves domestic social programmes, education, healthcare, and infrastructure.
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📚 Sources & Further Reading:
1. National Priorities Project - Breakdown of Defence Spending and OCO Slush Fund: https://www.nationalpriorities.org/
2. Independent Political Journalism - Military Budget, Pentagon Spending, and Domestic Priorities: https://www.grahamelwood.com/
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In this video I dispatch the following: 
✅ National Priorities Project data on the U.S. Defence Department budget and spending breakdown
✅ The Overseas Contingency Operations (OCO) fund: the Pentagon's secret, loosely overseen slush fund
✅ How bloated military spending starves domestic infrastructure, healthcare, education, and social programmes.
✅ The military-industrial complex, endless war funding, and the political duopoly's complicity
✅ Independent investigative reporting, government spending critique, and supporting the channel via Patreon

⏳ Timestamps: 
00:00 - Introduction & National Priorities Project Breakdown of the Defence Budget
02:15 - The Overseas Contingency Operations (OCO) Fund: Exploring the Pentagon's Slush Fund
05:30 - Bloated Military Spending vs. Domestic Priorities: Healthcare, Education, and Infrastructure
07:00 - Challenging the Military-Industrial Complex and Channel Support via Patreon

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