Tuesday, March 31, 2009

GM Collapse Would Be No Big Deal To The Military

From Nukes And Spooks:

Dear readers: It seems that everything these days centers around the ongoing economic crisis, even national security issues. Will the American public have the patience for the inevitable costs of the president’s new strategy in Afghanistan? Will billions of dollars in aid in Iraq suddenly seem intolerable? How much must the Defense Department cut its one-time burgeoning budget in the current climate? And on and on.

As such, we started asking what effect GM and Chrysler potentially filing bankruptcy could have on national security. Those images of Detroit car production halting so that workers could build vehicles for the troops serving in battle was somehow seared in my mind. The auto industry and the military are inevitable linked, I thought.

Read more ....

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