Tuesday, October 9, 2012

Talking Defense Cuts And Sequestration With Boeing

Dempsey Talks Defense Cuts, Sequestration With Boeing Execs -- The Hill

Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey met with top Boeing executives on Friday to gauge the defense giant's level of concern over the automatic defense cuts facing the Pentagon next year.

The answer the four-star general got was disconcerting, but not surprising.

"I wanted to get a sense of their level of concern, and they are concerned," Dempsey told reporters after the meeting at the company's headquarters in Seattle.


Pentagon officials and the defense industry have been sounding the alarm on the damage a projected $500 billion in automatic defense budget cuts would have on U.S. national security interests, should the cuts go into effect in January.

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My Comment: Defense cuts and sequestration reminds me of a slow moving train wreck. Everyone sees it coming .... people are running all over the place .... but nothing can stop the inevitable crash.

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