{"id":59086,"date":"2021-08-22T06:53:46","date_gmt":"2021-08-22T11:53:46","guid":{"rendered":"https:\/\/olduvai.ca\/?p=59086"},"modified":"2021-08-22T06:55:58","modified_gmt":"2021-08-22T11:55:58","slug":"investors-in-us-weapon-makers-only-clear-winners-of-afghan-war","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=59086","title":{"rendered":"Investors in US Weapon-Makers Only Clear Winners of Afghan War"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"https:\/\/www.commondreams.org\/news\/2021\/08\/17\/progressive-critics-say-investors-us-weapon-makers-only-clear-winners-afghan-war\">Investors in US Weapon-Makers Only Clear Winners of Afghan War<\/a><\/h3>\n<\/header>\n<div class=\"entry-content\">\n<p><strong>Share prices of military manufacturers vastly outperformed the stock market overall during the Afghanistan War.<\/strong><span id=\"more-67210\"><\/span><\/p>\n<div id=\"attachment_67215\" class=\"wp-caption aligncenter\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-67215\" src=\"https:\/\/consortiumnews.com\/wp-content\/uploads\/2021\/08\/Screen-Shot-2021-08-17-at-3.54.57-PM.png\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\" srcset=\"https:\/\/consortiumnews.com\/wp-content\/uploads\/2021\/08\/Screen-Shot-2021-08-17-at-3.54.57-PM.png 1001w, https:\/\/consortiumnews.com\/wp-content\/uploads\/2021\/08\/Screen-Shot-2021-08-17-at-3.54.57-PM-500x312.png 500w, https:\/\/consortiumnews.com\/wp-content\/uploads\/2021\/08\/Screen-Shot-2021-08-17-at-3.54.57-PM-768x480.png 768w, https:\/\/consortiumnews.com\/wp-content\/uploads\/2021\/08\/Screen-Shot-2021-08-17-at-3.54.57-PM-160x100.png 160w\" alt=\"\" width=\"1030\" height=\"643\" aria-describedby=\"caption-attachment-67215\" \/><\/p>\n<p id=\"caption-attachment-67215\" class=\"wp-caption-text\">May 25, 2002: Two U.S. Army CH-47 Chinook helicopters land at Bagram Airfield in Parwan, Afghanistan, after completing a mission. (U.S. National Archives)<\/p>\n<\/div>\n<p><strong>A<\/strong>s the hawks who\u00a0have been\u00a0<a href=\"https:\/\/www.commondreams.org\/views\/2021\/08\/17\/when-will-we-stop-letting-our-presidents-lie-america-wars\">lying<\/a>\u00a0about the U.S. invasion and occupation of Afghanistan for two decades\u00a0<a href=\"https:\/\/www.commondreams.org\/views\/2021\/08\/17\/we-cant-let-pro-war-generals-who-lied-about-afghanistan-war-define-its-legacy\">continue<\/a>\u00a0to\u00a0<a href=\"https:\/\/discourseblog.com\/afghanistan-withdrawal-media-coverage\/\">peddle fantasies<\/a>\u00a0in the midst of a Taliban\u00a0<a href=\"https:\/\/www.commondreams.org\/news\/2021\/08\/15\/after-20-years-lies-and-war-us-retreat-underway-taliban-retake-control-afghanistan\">takeover<\/a>\u00a0and American\u00a0<a href=\"https:\/\/www.commondreams.org\/news\/2021\/08\/16\/five-people-reportedly-killed-amid-mayhem-kabul-airport\">evacuation<\/a>\u00a0of Kabul, progressive critics on Tuesday reminded the world who has benefited from the \u201cendless war.\u201d<\/p>\n<p>\u201cEntrenching U.S. forces in Afghanistan was the military-industrial complex\u2019s business plan for 20+ years,\u201d\u00a0<a href=\"https:\/\/twitter.com\/Public_Citizen\/status\/1427613959440453632\">declared<\/a>\u00a0the Washington, D.C.-based advocacy group Public Citizen.<\/p>\n<p>[Related:\u00a0<em>A People\u2019s Guide to the War Industry<\/em>,\u00a0<em><a href=\"https:\/\/consortiumnews.com\/2021\/05\/24\/a-peoples-guide-to-the-war-industry\/\">Part 1<\/a>\u00a0and\u00a0<\/em><em><a href=\"https:\/\/consortiumnews.com\/2021\/05\/26\/a-peoples-guide-to-the-war-industry-2-profits-deception\/\">\u00a0Part 2<\/a>\u00a0and\u00a0<a href=\"https:\/\/consortiumnews.com\/2021\/05\/28\/a-peoples-guide-to-the-war-industry-3-bribery-propaganda\/\">Part 3<\/a>\u00a0and\u00a0<a href=\"https:\/\/consortiumnews.com\/2021\/05\/31\/a-peoples-guide-to-the-war-industry-4-the-new-boss\/\">Part 4\u00a0<\/a>and\u00a0<a href=\"https:\/\/consortiumnews.com\/2021\/06\/02\/a-peoples-guide-to-the-war-industry-5-portfolio-of-conflicts\/\">Part 5.]<\/a><\/em><\/p>\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-0\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?dnt=true&amp;embedId=twitter-widget-0&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3NwYWNlX2NhcmQiOnsiYnVja2V0Ijoib2ZmIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1427929346262642688&amp;lang=en&amp;origin=https%3A%2F%2Fconsortiumnews.com%2F2021%2F08%2F17%2Finvestors-in-us-weapon-makers-only-clear-winners-of-afghan-war%2F&amp;sessionId=928619713262c9d8ec9ff346a03b7db83d5d8eb1&amp;theme=light&amp;widgetsVersion=1890d59c%3A1627936082797&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1427929346262642688\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p>\u201cHawks and defense contractors co-opted the needs of the Afghan people in order to line their own pockets,\u201d the group added. \u201cNever has it been more important to end war profiteering.\u201d<\/p>\n<p>In a Tuesday morning tweet, Public Citizen highlighted returns on defense stocks over the past 20 years \u2014 as calculated in a \u201c<a href=\"https:\/\/twitter.com\/bhaviklathia\/status\/1427406404621672454\">jaw-dropping<\/a>\u201d\u00a0<a href=\"https:\/\/theintercept.com\/2021\/08\/16\/afghanistan-war-defense-stocks\/\">analysis<\/a>\u00a0by\u00a0<em>The Intercept\u00a0<\/em>\u2014 and asserted that \u201cthe military-industrial complex got exactly what it wanted out of this war.\u201d<\/p>\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-1\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?dnt=true&amp;embedId=twitter-widget-1&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3NwYWNlX2NhcmQiOnsiYnVja2V0Ijoib2ZmIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1427622847443243009&amp;lang=en&amp;origin=https%3A%2F%2Fconsortiumnews.com%2F2021%2F08%2F17%2Finvestors-in-us-weapon-makers-only-clear-winners-of-afghan-war%2F&amp;sessionId=928619713262c9d8ec9ff346a03b7db83d5d8eb1&amp;theme=light&amp;widgetsVersion=1890d59c%3A1627936082797&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1427622847443243009\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p><em>The Intercept<\/em>\u2018s Jon Schwarz examined returns on stocks of the five biggest defense contractors: Boeing, Raytheon, Lockheed Martin, Northrop Grumman, and General Dynamics.<\/p>\n<p>Schwarz found that a $10,000 investment in stock evenly split across those five companies on the day in 2001 that then-President Georg W. Bush signed the authorization preceding the U.S. invasion would be worth $97,295 this week, not adjusted for inflation, taxes, or fees.<\/p>\n<p>According to\u00a0<em>The Intercept<\/em>:<\/p>\n<blockquote><p>\u201cThis is a far greater return than was available in the overall stock market over the same period. $10,000 invested in an S&amp;P 500 index fund on September 18, 2001, would now be worth $61,613.<\/p><\/blockquote>\n<div id=\"attachment_67218\" class=\"wp-caption aligncenter\">\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investors in US Weapon-Makers Only Clear Winners of Afghan War Share prices of military manufacturers vastly outperformed the stock market overall during the Afghanistan War. May 25, 2002: Two U.S. Army CH-47 Chinook helicopters land at Bagram Airfield in Parwan, Afghanistan, after completing a mission. (U.S. National Archives) As the hawks who\u00a0have been\u00a0lying\u00a0about the U.S. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[2487,7669,6963,19779,2001,15620,31651,21663,862,880],"class_list":["post-59086","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-afghanistan","tag-common-dreams","tag-consortium-news","tag-jessica-corbett","tag-julian-assange","tag-mic","tag-mitlitary-industrial-complex","tag-profiteering","tag-war","tag-wikileaks"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59086"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59086\/revisions"}],"predecessor-version":[{"id":59088,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59086\/revisions\/59088"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}