WAR is a racket. It always has been.
It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.
A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small “inside” group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.
– From Major General Smedley Butler’s War is a Racket

The following story’s been on my radar for a while, but it wasn’t until I read the fictional-sounding article published in The Nation yesterday that I finally turned my focus on the issue.

To give you a sense of what’s going on when it comes to the unimaginable levels of waste, secrecy and probable fraud occurring at the U.S. Department of Defense, check out the first couple of paragraphs from this must read article:

On November 15, Ernst & Young and other private firms that were hired to audit the Pentagon announced that they could not complete the job. Congress had ordered an independent audit of the Department of Defense, the government’s largest single cost center—the Pentagon receives two of every three federal tax dollars collected—after the Pentagon failed for decades to audit itself. The firms concluded, however, that the DoD’s financial records were riddled with so many bookkeeping deficiencies, irregularities, and errors that a reliable audit was simply impossible.

…click on the above link to read the rest of the article…