Monday, April 4, 2011

Video: The Military-Industrial Complex Explained in 5 Minutes

Tom Woods explains what's really going on at the Defense Department.



  1. I paid particular attention to Tom Woods' comment that Boeing received a $30 billion contract at a time when it was experiencing severe economic implicit bailout.

    This is an example of what I've been thinking about for awhile: Government money always decapitalizes the taker.

    By that I mean, government money distorts the true value of a company. It does not force the company to work harder, smarter, or cut inefficiencies. Government money does does not give the owners a real picture of the health of a company. It puts inefficient companies on life support and makes them weaker.

  2. Is it me, or is it ironic that this guy goes on about the average citizen being looted by the government, then right at the end he fronts his book?


  3. The difference is that Tom Woods is not forcing you to buy his book. Try not forking over the dough when the taxpayer comes collecting for the military-industrial complex.

    See the difference?

  4. I also think its hilarious that he brings out his book at the end. I don't think he meant it that way, but unintentionally it seems that way. but the video contained lots of important info, so i'm not mad or anything. besides, he's gotta advertise somehow.

  5. I don't see what's ironic about it. He's alerting people to a book that treats of the subject at greater length. Anyone interested in the area might be willing to pay. Nothing bad about it.