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Tag "National Defense Authorization Act"

Oak Flat: Trump’s Final Middle Finger to the Environment

    Oak Flat: Trump’s Final Middle Finger to the Environment

Buried deep in the National Defense Authorization Act (NDAA) for 2015, section 3003 calls for the expeditious facilitation of a land exchange agreement between Resolution Copper Mining, LLC and the United States government to create one of the largest and deepest copper mines in the country, spanning nearly 11,000 square miles of national forest terrain…

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Anti-Laundering Bill Targeting Shell Companies Stalled in Senate as Big Banks Caught Cooking Books

    Anti-Laundering Bill Targeting Shell Companies Stalled in Senate as Big Banks Caught Cooking Books

Money laundering and cooking the books are usually treated as separate things when discussing white collar crime, even though the latter is often the mechanism through which the former is carried out. In the world of corporate banking, hedge funds and the host of satellite market services that underpin the financialized economies of the U.S.…

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As Congress Blocks Defunding the Pentagon, Here Are Ten Things We Could Have Spent the Money On

    As Congress Blocks Defunding the Pentagon, Here Are Ten Things We Could Have Spent the Money On

The majority of House Democrats joined with the Republican colleagues yesterday in voting down progressive legislation that would have cut the Pentagon budget by 10 percent ($74 billion) and used the money to fund healthcare, housing, and education for the poorest Americans. The amendment to the National Defense Authorization Act, sponsored by Barbara Lee (D–CA) and…

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United States to Drastically Expand Military Assistance to Ukraine

    United States to Drastically Expand Military Assistance to Ukraine

Washington is upping the ante in Ukraine. Kurt Volker, US Special Representative for Ukraine Negotiations, said in an interview with the Guardian published on September 1 that “Washington is ready to expand arms supplies to Ukraine in order to build up the country’s naval and air defense forces in the face of continuing Russian support for eastern separatists.” According to him, the Trump administration was “absolutely” prepared to…

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Beijing Notes Signs of US Decline Behind Bloated New Pentagon Budget

  Beijing Notes Signs of US Decline Behind Bloated New Pentagon Budget

BEIJING – China has expressed serious concern about the new United States military budget, which explicitly notes the U.S.’ “long-term strategic competition with China” as a top priority and raises the government’s annual investment in the military to an unprecedented $716 billion – an exponentially higher budget than that of any other defense department across…

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