U.S. weapons makers tell investors to expect big profits from Israel’s war

██████████@lemmy.world to politics @lemmy.world – 285 points –
U.S. weapons makers tell investors to expect big profits from Israel’s war
peoplesworld.org

[photo above] Israeli Prime Minister Benjamin Netanyahu watches a video showing the launch of an Arrow 3 hypersonic anti-ballistic missile. The war against Gaza is using up weapons stockpiles fast. | Menahem Kahana/Pool via AP

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This is so fucking disgusting. We ought to be tarring and feathering these execs and their largest investors, then taking their wealth for the public benefit.

Do you think that if the US stopped making weapons then everyone else would also just stop?

Idiots like you holding back progress.

He makes a good point. The only way to solve it is to use all our weapons at once on the enemy destroying their weapons. Then when we run out they run out too so no one can fight anymore. Solved.

He makes a lazy, stupid non point. "Well this red herring should be enough to keep people from changing anything."

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Dwight D. Eisenhower warned us about this ages ago.

https://en.m.wikipedia.org/wiki/Military%E2%80%93industrial_complex

It goes back further than that. Major General Smedley Butler wrote a book on it, "War is a Racket", back in 1935 - and I'm pretty sure he wasn't the first, either.

If only people could have heard this message back then, then this all could have been avoided

Seems like some people heard it loud and clear... and invested accordingly.

You’re so right.

Eisenhower: “people, hear my warning or this terrible thing will happen”

Bastards: “He’s right, we can get rich from making that bad thing he’s warning about happen.”

Rule of Acquisition 34:

I prefer rule 35 :(

Peace is good for business.

What's this gif from

Lower Decks, an animated Star Trek comedy. It honors and references all things Trek and is considered canon. Starts off a bit too Rick and Morty, but finds it's own ground as it goes.

I love it, it takes the whole goodie twoshoes Starfleet ethos and turns it up to 11, while still being the B-team crew on a B-team ship, making it into an excellent Star Trek themed workplace comedy.

Juuuuust keep circling.

Yes, because that's the whole point of war. Always has been. There might be a tangled web of parties involved, but money is always the consistent thread through it all.

Heavily decorated veteran Major General Smedley Butler was campaigning about this nearly 100 years ago.

Why didn’t they try to stop this war then?

People have been campaigning for peace in the Palestine region for longer than anyone's been alive. It's just that people pushing for war, driven by profit, have been far more effective.

What's interesting to look at, I think, is how restraint has been developed over the years. WW1 and WW2 were no doubt a big boon for the war industry, but at the same time because war was everywhere it had plenty of negative effects on the manufacturers and dealers themselves. Now, manufacturing and selling is kept safely away from the actual war itself.

You can make money from weapons without having to use them. For example if I had an a-bomb on a dead man’s switch I could walk around making all sorts of crazy demands much like countries do and no one has had to use one since shortly after they were invented. Your neighbours knowing you’re armed to the teeth will have an impact on their behaviour and you don’t have to fire a single bullet. Admittedly once you have full stockpiles of ammo you don’t need to buy until you start using it. I think this is why so much goes into r and d too keep it as a psychological deterrent for your enemies.

Sorry I just read the context of this reply. Clearly Israel’s enemy don’t give a shit what kind of weapons they have

Profiteering off of the suffering of others should be illegal.

It should be illegal to make a profit off of weapons of war.

Any product fabrication is so much more than the actual product. For a weapon you need steel, machinery, oil etc. Technically the petrol station near the factory also profits from the weapon factory. Where do you draw the line who can profit from it? Until it is legal to produce any weapon someone somewhere in the chain will profit from it. In a capitalist setting this cannot just vanish.

The part where I'm talking about targeting is manufacture and development. It's not realistic to penalize steel and petrol and other materials because that gets too messy and complicated.

Weapons should be manufactured only by one's government for express use in defense. No one should get paid more than a modest salary (something fair for their labor; I hadn't given it thought enough to say more than that at this time), no one in charge should make huge salaries or bonuses, it should be a thing people do because it pays rather than because of enrichment. Like how no one gets massively wealthy delivering mail or hauling garbage; sure, you can do quite well in some instances, but you're doing it to put food on the table rather than to gain power.

Sorry that I haven't more developed thoughts at this moment. But something roughly resembling this is what I had in mind when I posted the prior comment.

Your tax dollars at work. Fuck you if you have student loans, we'd rather spend our money making our shareholders rich though genocide.

"Hey Bob, you taking part of the wholesale slaughter of innocent people for fun and profit today?", "Ha ha, you know it!" /s

“Across the entire Raytheon portfolio, you’re going to see a benefit of this restocking,” he told shareholders.

Reads like a cringy villian in a sci-fi movie

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Obvious statement is obvious.

Fun fact: when countries use weapons to blow each other up, whomever is left always wants to buy more weapons.

I really doubt it. Ukraine will use much more ordinance than Isreal ever will. But, anything to get more money from the rubes.

Really it's Hamas's war on the Palestinians and Israelis, funded by Netanyahu. Hamas has been e.g. shooting Palestinian civilians who want to leave the front lines -- the kind of thing Russia does to its draftees.

Hamas has been e.g. shooting Palestinian civilians who want to leave the front lines

Do you have any credible reports of this?

Credible? No:

Other sources have been saying the same for a couple weeks, but no, nothing credible.

An audio recording from an Israeli HUMINT division, the kind that exists to create and spread propaganda. Reminds me of the recording the IDF released of Hamas members admitting the hospital strike was their own, which according to many impartial people featured them speaking the wrong dialect and in the wrong accent.

🤷

All photos, videos, audio recordings, and testimonies, can be faked, manipulated or be a lie. What's "credible" at this point?

Some outlets published a video of that missile, with a trail coming from inside Gaza. Some have published the IDF's photos with missile trajectories on them. Some have shown air photos of cars blocking the road "from North to South" Gaza. Some have published videos of missile impacts in the South. Some people have claimed to have gone South, only to get bombed and run back North.

This is war.

In the Ukrainian war, we still don't have a credible source as to who blew up Nord Stream, and that's been over a year ago already.

In the Ukrainian war, we still don’t have a credible source as to who blew up Nord Stream, and that’s been over a year ago already.

Supposedly it was done by pro-Ukrainian forces, not specifically Ukraine themselves but possibly some mercenary group, possibly even the US. It's kind of been brushed under the rug as otherwise it would damage support for Ukraine.

You got any sources for your bullshit lies?

What front lines? The whole of Gaza is encircled and the air strikes are occurring everywhere.

Said with your whole ass chest yet hollow and baseless. Typical.