What Almost $8 Trillion in National Security Spending Bought You

Chris Hellman for Tom Dispatch @ Common dreams - The killing of Osama Bin Laden did not put cuts in national security spending on the table, but the debt-ceiling debate finally did.  And mild as those projected cuts might have been, last week newly minted Secretary of Defense Leon Panetta was already digging in his heels and decrying the modest potential cost-cutting plans as a "doomsday mechanism” for the military. Pentagon allies on Capitol Hill were similarly raising the alarm as they moved forward with this year’s even larger military budget.  Read more.