We have tremendous debts and deficits, and I have to wonder where in heck all this money goes? I don’t mean spending for consumption but the hundreds and hundreds of billions that seems to appear and disappear.
"Antony Cyril Sutton (February 14, 1925 - June 17, 2002) was a British-born economist, historian, and writer. He was a research fellow at Stanford University’s Hoover Institution from 1968 to 1973. He was a former economics professor at California State University Los Angeles. He was educated at the universities of London, Goettingen and California with a D.Sc. degree from University of Southampton, England.
“In 1968, Sutton wrote Western Technology and Soviet Economic Development, which was first published by the Hoover Institution at Stanford University. Sutton alleged that the Soviet Union’s technological and manufacturing base – which was then engaged in supplying the Viet Cong – was built by United States corporations and largely funded by US taxpayers. Steel and iron plants, the GAZ automobile factory, and many other Soviet industrial enterprises were, according to Sutton, built with the help or technical assistance of the United States or U.S. corporations.”
Now that the Cold War is over, could our Uber-Capitalists be up to their old tricks?