Henrymakow.com — Jan 19, 2019
War stocks advance on Trump speech Thursday.
Lockheed Martin Corporation (LMT)
The Boeing Company (BA)
Northrop Grumman Corporation (NOC)
Trump is a born demagogue. After delivering a belligerent speech (below) Thursday, war stocks responded accordingly (above). Frankly, Trump sounded drugged. His heart wasn’t in it. He knew he was betraying his campaign promise to follow a rational foreign policy.
The best guarantee of peace is an effective nuclear deterrent and good relations with other countries. But there is no money in that. When will governments fund projects that actually benefit their citizens? Like a border wall? Isn’t that defence? Notice the Demon-rats are not objecting to missiles. The US “Defence” Budget is $750 billion, more than the next 14 countries combined. Clearly, “Defence” like “health care,” is a lucrative racket.
President Donald Trump at the Pentagon on Thursday unveiled the administration’s Missile Defense Review, a blueprint that will guide the nation’s missile defence policies, strategies, and capabilities for the next decade. “Our goal is simple: to ensure that we can detect and destroy any missile launched against the United States — anywhere, anytime, anyplace,” he said. “As we all know, the best way to keep America safe is to keep America strong. And that’s what we’re doing. Stronger than ever.”
He said foreign adversaries, competitors, and rogue regimes are steadily enhancing their missile arsenals, increasing their lethal strike capabilities and focusing on developing long-range missiles that can reach targets within the U.S.