Some people thought that President Donald couldn’t do it but against the odds he looks to even outperform his predecessors in boosting the profits of the military industrial complex. Some members of US Congress couldn’t be happier as this has boosted the value of their investment portfolio…
Since 27 December 2019, when an American contractor was killed by in Iraq, the aerospace and defence sector has outperformed all other sectors in the S&P 500: “Northrop Grumman, Raytheon, Lockheed Martin, and L3 are each more than three standard deviations above their 50-day moving average
In the 2020 Defense appropriations bill, the subcommittee approved $1.85 billion for 18 F-35 Joint Strike Fighter aircrafts and spare parts from Lockheed Martin. The subcommittee also recommended $1.1 billion for 6 P-8A Poseidon aircraft from Boeing.
Subcommittee member Sen. Roy Blunt owns $100,000 in Lockheed Martin stock.
Subcommittee members Dianne Feinstein, Susan Collins, and Jerry Moran own a combined $750,000 in Boeing stock.
House Oversight and Reform Committee Government Operations Subcommittee Chairman Rep. Gerry Connolly owns $400,000 worth of stock in Leidos, which provides information technology services for the Defense Department for billions of dollars.
Following are the (other) US Representatives with $100,000 or more in defense stocks.
Steve Cohen - $415,000
Gerry Connolly - $400,000
Ro Khanna - $376,000
Greg Gianforte - $309,856
Debbie Dingell - $300,000
John Hoeven - $250,000
Phil Roe - $203,230
Fred Upton - $155,000
Bob Gibbs - $150,000
Joe Kennedy - $150,000
Kevin Hern - $150,000
Francis Rooney - $135,000
David Joyce - $100,000
David Price - $100,000
Thomas Suozzi - $100,000: https://prospect.org/power/the-members-o...-from-war/
In September 2019, it was reported that the amazing Houthis had successfully launched an attack on the Saudi Aramco oil plants in Abqaiq and Khurais.
According to the “reputable” Reuters, earlier this month, in a confidential report by U.N. sanctions monitors it was concluded that the Houthis couldn’t have done this as they don’t believe that “those comparatively sophisticated weapons were developed and manufactured in Yemen”.
On 10 December, U.N. Secretary-General Antonio Guterres told the Security Council that the United Nations was “unable to independently corroborate” that missiles and drones used in the attacks “are of Iranian origin”: https://in.reuters.com/article/uk-saudi-...NKBN1Z72VB
The United Nations Development Programme recently reported that the Coalition’s blockade against Yemen will exacerbate Yemen’s humanitarian crisis and will also make Yemen poorest country in the world by 2022.
The coalition is further increasing its seizure and detention of ships carrying food and fuel into Yemen.
For 40 days, the Coalition has held 13 ships loaded with oil derivatives at sea, preventing them from entering the port of Hodeidah. The UN has already inspected and licensed the ships to be discharged in Hodeidah.
Fuel is needed to generate electricity for hospitals and also for transportation.
Fuel shortages will also lead to power cuts, plunging the Maternity and Childhood Hospital in Amran into darkness and making its life-saving machines inoperable: https://www.mintpressnews.com/yemen-reta...is/262285/
The following is a longer essay that gives some background information on the genocide of Yemen.
The destruction of Yemen was staged after it had made itself the pariah of big oil, after it nationalised its hydrocarbon sector in 2005, and seized oil assets from Hunt Oil and ExxonMobil affiliates.
In March 2015, the bombing campaign against Yemen was intensified to restore puppet President Hadi to power, with the support of the UN, US and UK.
The UN/US/UK-backed Saudi Arabia imposed its complete blockade over North Yemen after the Houthis took control of Sana’a. The land, air, and sea blockades restrict imports and exports, including food, medicine and fuel from entering the country.
The brutal bombing campaign and blockade has resulted in the deaths of hundreds of thousands of Yemenis, with more than ten million Yemenis facing starvation. More than 50,000 child deaths from starvation were recorded in 2017 alone.
The human catastrophe becomes even worse as the “coalition” targets food and water supplies, and hospitals and medical supplies. Yemen relies on imports for 75% of its food, and the blockade has also cut off needed medicines.
The most direct reason for the war against Yemen appears to be the construction of a canal from the Arabian Sea to Yemen.
This canal would bypass the Hormuz Strait, Persian Gulf, and Bab al-Mandab strait into the Red Sea, which would allow increased shipment of Saudi oil. With this canal, they can avoid pricey negotiations with countries to allow their oil to pass.
Donald Trump appears to have profited from the Saudis…
In 2001, the Saudi government bought the entire 45th floor of the Trump World Tower for $4.5 million.
Between 2001 and 2016, the Saudis also paid Trump $5.7 million in various fees.
In 2018, it was reported that a visit from Saudi officials to the Trump International Hotel in New York City boosted its quarterly revenue by 13%, after 2 years of booking decline.
Between October 2016 and March 2017, a lobbying firm connected to the Saudi government paid $270,000 to the Trump International Hotel in Washington DC: http://archive.is/VS95e