The defense industry in the U.S. is a near oligarchy comprised of a small handful of companies

...near an oligarchy....

by Stephen Leeb, Ph.D. Editor
Complete Investor August 12, 2008 Market Forecast

"...Ghoulish as it seems, this is good news for defense stocks. The defense industry in the U.S. is a near oligarchy comprised of a small handful of companies. The four largest -- Northrop, Raytheon, General Dynamics, and Lockheed Martin -- are joined by only a few smaller firms.
As the situation in Georgia reminds us, this handful of companies will be increasingly vital to America's future. The only chance the U.S. has to secure its supplies of the resources necessary to maintain our economy is to keep the military strong. Therefore, money will be flowing into these stocks, and into investors pockets.
As for the price of oil..."

Norton's comment: This is not the America I was born into or want to live in! We must make a difference and be active as citizens or our silence will let those in power who are gutting our democratic ways and resources for the sake of greed and power...will remain in power and we will lose the best we have to offer the World while we propagate violence in the name of democracy.
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