How much power do defense contractors hold over the U.S. president?

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My answer to How much power do defense contractors hold over the U.S. president?

Answer by Ken Larson:

Defense companies influence the Congress far more than the President. The Congress allocates funding annually to the Military Industrial Complex.

The defense and USAID contractors foster continued warfare, netting billions in sales of weapons to the war fighters and massive construction and redevelopment dollars for international companies who often operated fraudulently and fostered waste, looting and lack of funds control.

It is common knowledge that many of these corporations spend more each year in lobbying costs than they pay in taxes and pass exorbitant overhead and executive pay cost on to the tax payer in sales, thus financing their operating personnel riches while remaining marginally profitable to their stockholders.

I watched this from the inside of many of these companies for 36 years. Here is my dissertation on that subject. You can read it on line at:

Odyssey of Armaments | Ken Larson – Academia.edu

Here is an example of how the lobbying and behind the scenes string pulling works.

CorpWatch : US: Lockheed Stock and Two Smoking Barrels

How much power do defense contractors hold over the U.S. president?

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About rosecoveredglasses

2 Tours in US Army Vietnam. Retired from 36 Years in the Defense Industrial Complex after working on 25 major weapons systems, many of which are in use today in the Middle East. Volunteer MicroMentor. I specialize in Small, Veteran-owned, Minority-Owned and Woman-Owned Businesses beginning work for the Federal Government. MicroMentor is a non-profit organization offering free assistance to small business in business planning, operations, marketing and other aspects of starting and successfully operating a small enterprise. You can set up a case with me at MicroMentor by going to: http://www.micromentor.org/ key words: "Federal Government Contracting"

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