Quote:
Originally Posted by Neal Stevens
Mookie, I have a feeling anything pro-business is a right wing "rag sheet" to you. Does it matter? They simply posted a piece that supports Gates' position.
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Tsk tsk, Neal... I'm hurt.
I prefer to keep my financial news and politics separate. Barrons, the Economist, Business Week and Bloomberg are all pretty good at impratiality while delivering financial and economic news.
I fully agree with your statement about Europe taking a free ride on the U.S. military's dime:
The problem with Gates and this article is that they ignore a large chunk of the defense budget in their $530 bn number. It's not just the Pentagon's budget. It's the
other things scattered across the budget...the $19.3 bn for our nuclear weapons program, $53 bn for the National Intelligence program, $6.6 bn for military aid to other countries. It's easy to make your case look good when you ignore large swaths of reality.
I stand by my assertion that the WSJ is nothing more than a political rag sheet anymore, and not a serious financial newspaper.