Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

JonLP24

(29,322 posts)
Wed Jul 18, 2012, 07:01 AM Jul 2012

Cheney Joins Lockheed to Fight Defense Cuts

Source: Bloomberg News

As Lockheed Martin Corp. (LMT) (LMT)’s chief predicts he may have to fire 10,000 workers under across-the- board federal spending cuts, a familiar voice is warning Republican leaders that U.S. defense readiness is at stake.

Former Vice President Dick Cheney said at a private meeting with Senate Republicans yesterday that the projected cuts totaling $500 billion could be “devastating” to military modernization and planning, South Carolina Senator Lindsay Graham told reporters.

Cheney, 71, said defense spending is “not a spigot you can turn on and turn off, that you need to keep money flowing in a predictable way so you can plan for the next war,” Graham said after the Senate Republicans’ weekly luncheon. They heard from the former vice president, who was President George H.W. Bush’s defense secretary from 1989 to 1993.

The defense industry and its Republican allies in Congress are increasing their volume this week in a concerted push to avert the defense cuts, part of $1.2 trillion in automatic reductions over a decade that will start in January unless Congress and President Barack Obama agree on an alternate plan.

Read more: http://www.businessweek.com/news/2012-07-17/lockheed-may-fire-10-000-under-budget-cuts-stevens-says

15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Cheney Joins Lockheed to Fight Defense Cuts (Original Post) JonLP24 Jul 2012 OP
Flip flopper 2on2u Jul 2012 #1
This message was self-deleted by its author bupkus Jul 2012 #4
"defense spending is 'not a spigot you can turn on and turn off'" BumRushDaShow Jul 2012 #2
Go fuck yourself. nt Deep13 Jul 2012 #3
With a pineapple. Ikonoklast Jul 2012 #12
Cheney mispoke Ash_F Jul 2012 #5
Will we never be rid of this man. Now he is a lobbyist asjr Jul 2012 #6
silver lining daybranch Jul 2012 #7
This Is All So Much Bullcrap DallasNE Jul 2012 #8
Too bad they don't spend money to figure out how to stay out of the next war harun Jul 2012 #9
Keep Cutting HIlton Brackett Jul 2012 #10
"keep money flowing...so you can plan for the next war" SaveAmerica Jul 2012 #11
Go back to the bunker, Mr. Cheeeeeeeney SoapBox Jul 2012 #13
Cut Unnecessary Spending! electedface Jul 2012 #14
How about closing bases overseas? Do we need bases in OrwellwasRight Jul 2012 #15
 

2on2u

(1,843 posts)
1. Flip flopper
Wed Jul 18, 2012, 07:04 AM
Jul 2012
http://www.factcheck.org/print_anti-kerry_ad_misses_context_distorts_facts.html

Furthermore, Bush's own father, who was then President, and Richard Cheney, who was then Secretary of Defense, proposed to cut or eliminate several of the very same weapons that Republicans now fault Kerry for opposing. In his first appearance before Congress as Defense Secretary in April 1989, for example, Cheney outlined $10 billion in defense cuts including proposed cancellation of the AH-64 Apache helicopter, and elimination of the F-15E ground-attack jet.

Two years later Cheney's Pentagon budget also proposed elimination of further production of the Bradley Fighting Vehicle and targeted a total of 81 Pentagon programs for termination, including the F-14 and F-16 aircraft.

And the elder President Bush said in his 1992 State of the Union address: "After completing 20 planes for which we have begun procurement, we will shut down further production of the B - 2 bombers. . . . And we will not purchase any more advanced cruise missiles." So if Kerry opposed weapons "our troops depend on," so did Cheney and the elder President Bush.

Response to 2on2u (Reply #1)

BumRushDaShow

(128,964 posts)
2. "defense spending is 'not a spigot you can turn on and turn off'"
Wed Jul 18, 2012, 07:06 AM
Jul 2012

But spending on health, education, food and consumer product safety, etc etc IS such a "spigot" with a permanent off valve?

Really?

They need to take the lot of them, stick them out in the woods without food, clothing, and shelter, and see how long they last.

Ash_F

(5,861 posts)
5. Cheney mispoke
Wed Jul 18, 2012, 07:52 AM
Jul 2012

“you need to keep money flowing in a predictable way so you can plan for the next war,”

should be

“you need to keep money flowing in a predictable way so you can plan the next war,”

asjr

(10,479 posts)
6. Will we never be rid of this man. Now he is a lobbyist
Wed Jul 18, 2012, 07:56 AM
Jul 2012

for Lockheed? OMG I just had a terrible thought. Is Cheney rehearsing for a return as Vice-president?

daybranch

(1,309 posts)
7. silver lining
Wed Jul 18, 2012, 09:01 AM
Jul 2012

The military industrial complex Eisenhower warned about is about to be dealt a crippling blow after its long ascent to controlling our miilitary budget and pushing our country torack up massive profits for the military contractors.
I salute president Obama for using the debt crisis created by republlicans to actually address the robbery of our people to support outrageous profits for purchases of weapon systems outdated and overpriced. Lockheed Martin is not about jobs no more than Boeing is about jobs. Lockheed Martin and other contractors place jobs as broadly as possible across the states in order to influence legislators from the various states and then extract as much as possible in the way of profits from us. Cheney cares only about his friends profits.
We do not need all these fighter planes unless we plan on attacking the world alone. They certainly are not for defense.

DallasNE

(7,403 posts)
8. This Is All So Much Bullcrap
Wed Jul 18, 2012, 09:05 AM
Jul 2012

First, they always use 10 year figures so this is $50 billion a year and that is less than what we spend on the Afghanistan war today. Second, it is not a cut at all but a reduction in the projected increase. In constant dollars this would return military spending to the 2006 levels -- hardly a starve the beast level. Lastly, the job cut figures being thrown about are roughly 10 times what will happen based on proposed spending levels.

HIlton Brackett

(26 posts)
10. Keep Cutting
Wed Jul 18, 2012, 09:42 AM
Jul 2012

This Campaign of world conquest must come to a stop. With the end of the Afghan war should come the closer of military bases around the world. European security can no longer be the burden of the American tax payer. We must balance trade and restore manufacturing. Manufacturing American futures, not the toys of WAR.

SaveAmerica

(5,342 posts)
11. "keep money flowing...so you can plan for the next war"
Wed Jul 18, 2012, 11:11 AM
Jul 2012

That's really all we need to know, isn't it?

I'm sick to death that these fools still have a say in anything that involves this country and its military. I'd love to see Bush, Cheney, and especially Karl Rove not allowed to surface in public ever again.

Senator Graham is a tool, I wonder what they're blackmailing him with? "Oh come on out to Baghdad and shop, the deals on rugs are awesome!"

electedface

(16 posts)
14. Cut Unnecessary Spending!
Wed Jul 18, 2012, 01:00 PM
Jul 2012

I'm sorry, but everyone in America now knows that if one is in debt, and has bills to pay, unnecessary spending is the first to go.

Take the F22 for example. The F 22 has not been used in a combat despite the initial introduction of this jet in 2005. The last of the 188 planes rolled off the assembly line in April of 2012. It has cost The United States more than $64 billion, more than double the initial expected cost.

This video sums it up:

Latest Discussions»Latest Breaking News»Cheney Joins Lockheed to ...