So some in Washington (Democrats) are worried about what is going to happen in Afghanistan in 2014 when we supposedly will pull out our troops, and what is going to happen with the 320 Million Dollars a month that they receive.
That's nice, so we will have to watch more money go down the drain beyond 2014, you can not trust a bunch of radical Islamists that are in power to handle the money properly.
I just wish that the Democrats could be worried about what is happening here for a change, instead of sending crotch shots to people through twitter, and denying that there is even a problem with the U.S. economy.
BBC
Afghanistan faces a financial crisis when foreign troops leave in 2014, Democrats on the US Senate Foreign Relations Committee have warned.
The two year study by the committee's Democratic majority is to be released on Wednesday.
It urges President Obama to make better use of the roughly $320m a month in foreign aid it spends in Afghanistan, with a focus on sustainability.
It concludes that misspent foreign aid can result in corruption.
It can also alter markets and undercut the ability of the Afghan government to control its resources.
"Afghanistan could suffer a severe economic depression when foreign troops leave in 2014 unless the proper planning begins now," the report says.
Wednesday, June 8, 2011
Afghanistan faces 2014 'cash crisis' when troops leave
Thursday, March 4, 2010
China says defense spending rise slows to 7.5 percent
Why is there always a doubt in your mind about what China is really saying or doing ?
Here again with another Military Budget announcement we are left wondering if they are telling the truth !
Reuters
China kept the rise in its military budget to 7.5 percent in 2010, a spokesman said on Thursday, a slowdown that left observers skeptical after an increase in tensions with the United States.
Some foreign analysts were surprised by the figure after more than two decades of nearly unbroken double-digit rises in China's defense budget, and said the announced numbers were unlikely to show the growing power's real military spending.
"All the evidence suggests that they are on a very powerful trajectory of expansion in substantive terms, and they seem to use this figure for political purposes almost, to send signals," said Ron Huisken, a China defense expert at the Australian National University in Canberra.
The announcement came after quarrels with the United States over human rights, Internet censorship, Tibet and Washington's arms sales to Taiwan, the self-ruled island Beijing claims as its own.
Chinese parliamentary spokesman Li Zhaoxing said the increase would bring the country's defense budget for the year to 532.1 billion yuan ($77.95 billion), or 37.1 billion yuan more than what was actually spent on defense in 2009.
The budget for the People's Liberation Army (PLA) showed Beijing was not seeking confrontation, Li told a news conference a day ahead of the opening of China's annual parliament, or National People's Congress.
China has 2.3 million personnel in its armed forces, more than any other nation. The government has sought to slim numbers and lift troop quality by offering better benefits.
"I think the (Chinese) armed forces will be dissatisfied," Ikuo Kayahara, a retired Japanese major-general who teaches security studies at Takushoku University, said.
"The world has been criticizing China for increasing its defense budget by more than 10 percent every year," he said. "China may be reacting to this by trying to show that it is not focused only on expanding its armed forces."
Thursday, January 28, 2010
NASA to Get $6 Billion to Outsource Crew Ferry
Outsourcing is the way to go for NASA , they have been doing it for years (With American Companies )
For NASA to Accomplish this within A "Government" Structure , it Total Well over the Amount for the Obamacare Plan !
Jan. 28 (Bloomberg) -- NASA would receive a $6 billion boost in funding over five years to spur companies to develop rockets capable of taking astronauts to the International Space Station, an administration official said.
In total, the National Aeronautics and Space Administration would receive $100 billion over five years under President Barack Obama’s fiscal year 2011 budget, the official said.
“My initial impression is that this is a real significant indication of support for NASA in a time of tight budgets,” said former astronaut Sally Ride in an interview.
