The Great Sequester Hoo-Hah is upon us!
A quick rundown of stories I collected today reads like a dipstick plunged into the perpetual engine of wealth reallocation, which is exactly what the defense budget is, has been and will be so long as the Two-Party collaboration drapes its political fortunes with the flag.
>>There’s gold in them-thar overruns!
The F-35 anti-radar jet is seven years behind schedule. Project cost: $395.7 billion
Ships Leaking $37 Billion Reflect Eisenhower’s Warning
>>Watchdogs bark and then nibble.
Lockheed agrees to $19.5 mln class-action accord: court papers
>>Don’t worry. Be happy (and modernized)!
Lockheed awarded F-22 modernization contract worth up to $6.9 bln
>>No, really. We are running out of money.
Pentagon informs Congress of plans to furlough 800K civilian workers
U.S. Army Pressures Congress With State-by-State Effects of Sequestration
>>Who wants to play a game of Chicken-Hawk?
Defense-Cut Hypocrisy Makes GOP Converge With Democrats
Meet 6 Politicians Getting Rich from America’s Endless Wars
>>Whisper words of wisdom, let it be.
If No Deal is Struck, Four-in-Ten Say Let the Sequester Happen