Friday, December 17, 2010

HOW TO GO BROKE AND INSANE SIMULTANEOUSLY

Below is a small portion of an article out of MISES (Ludwig Von Mises Institute) http://mises.org/daily/4872

It is titled WHY THIS GIGANTIC APPARATUS?

I cut to the chase and narrowed it down so readers will get a small taste of the type of common sense that is found at the Mises Institute. If you are the kind of person who is interested in less "big" government and more personal freedom, then this institute would appeal to you. Enjoy reading the perfect financial planning lesson on "How to make a county financially (and perhaps morally) bankrupt:

Some 1,271 government organizations and 1,931 private companies work on programs related to counterterrorism, homeland security and intelligence in about 10,000 locations across the United States.

An estimated 854,000 people, nearly 1.5 times as many people as live in Washington, D.C., hold top-secret security clearances.

In Washington and the surrounding area, 33 building complexes for top-secret intelligence work are under construction or have been built since September 2001. Together they occupy the equivalent of almost three Pentagons or 22 U.S. Capitol buildings — about 17 million square feet of space.

Many security and intelligence agencies do the same work, creating redundancy and waste. For example, 51 federal organizations and military commands, operating in 15 U.S. cities, track the flow of money to and from terrorist networks.

Analysts who make sense of documents and conversations obtained by foreign and domestic spying share their judgment by publishing 50,000 intelligence reports each year — a volume so large that many are routinely ignored.

According to retired admiral Dennis C. Blair, formerly the director of national intelligence, after 9/11 "the attitude was, if it's worth doing, it's probably worth overdoing." I submit that this explanation does not cut to the heart of the matter. As it stands, it suggests a sort of mindless desire to pile mountains of money, technology, and personnel on top of an already-enormous mountain of money, technology, and personnel for no reason other than the vague notion that more must be better. In my view, national politics does not work in that way.

As Priest and Arkin report, "The U.S. intelligence budget is vast, publicly announced last year as $75 billion, 2 ½ times the size it was on September 10, 2001. But the figure doesn't include many military activities or domestic counterterrorism programs." Virtually everyone the reporters consulted told them in effect that "the Bush administration and Congress gave agencies more money than they were capable of responsibly spending." To be sure, they received more than they could spend responsibly, but not more than they were eager to spend irresponsibly. After all, it's not as if they were spending their own money.

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