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From Ukraine to Yemen, US arms industry reaps the spoils of war 3K

Summary:
According to Andrew Cockburn, the MIC is just a racket, a profit making machine that can't be controlled. The US is pouring more weapons into Ukraine amid bellicose threats against Russia and the US-backed Saudi war on Yemen continues to massacre civilians. But not everyone sees a downside: “I fully expect we’re going to see some benefit from it,” Raytheon CEO Greg Hayes said this week of these and other flashpoints.Andrew Cockburn, Washington editor of Harper’s Magazine and author of “The Spoils of War: Power, Profit and the American War Machine,” discusses the US arms industry’s role in promoting and profiting from today’s global conflicts, from Ukraine to Yemen to Syria. Cockburn also looks back on his groundbreaking 1988 PBS documentary, made with his wife Leslie Cockburn, “Guns,

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 According to Andrew Cockburn, the MIC is just a racket, a profit making machine that can't be controlled. 


The US is pouring more weapons into Ukraine amid bellicose threats against Russia and the US-backed Saudi war on Yemen continues to massacre civilians. But not everyone sees a downside: “I fully expect we’re going to see some benefit from it,” Raytheon CEO Greg Hayes said this week of these and other flashpoints.


Andrew Cockburn, Washington editor of Harper’s Magazine and author of “The Spoils of War: Power, Profit and the American War Machine,” discusses the US arms industry’s role in promoting and profiting from today’s global conflicts, from Ukraine to Yemen to Syria. 


Cockburn also looks back on his groundbreaking 1988 PBS documentary, made with his wife Leslie Cockburn, “Guns, Drugs, and the CIA,” about the agency’s role in the global drug trade.


Guest: Andrew Cockburn. Washington editor for Harper’s Magazine. His latest book is “The Spoils ofWar: Power, Profit and the American War Machine.”




 https://youtu.be/t0DLNDAgAwU

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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