Get your defense contractor hot buy tips here:
http://moneycentral.msn.com/content/...sp?special=war
Iraq war or no, D.C. is gearing up for the biggest spending since the "defense spending bonanza of Reagan."
How much is enough and how much is too much where defense spending is concerned? Does it anger anyone else (I mean other taxpayers) when there is unnecessary defense spending just as much as it angers you when there is other big gov gluttony? What about our defense-budget and other money program dollars that are going to Pakistan and other nations to buy weapons? Will that bite us in the ass one day the way the stingers we sent to Afghanistan almost did?
[edit] One further note. The article points out that, short term, defense contractor stocks will drop once the war begins. As well, the Iraq war will not use enough equipment to really boost the economy (the stock picks are based on long term budget plans). I've pointed out the cure for this problem already: We should drop tanks and helicopters on Baghdad rather than bombs.
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[ 10-23-2002, 09:36 AM: Message edited by: Timber Loftis ]