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Obama's Deputy Defense Secretary, William Lynn, is just as tainted. The former Raytheon vice president and company lobbyist got Senator Charles Grassley to object over his "very questionable accounting practices" as Pentagon Comptroller during the Clinton years.
Obama's Undersecretary of Defense, Robert Hale, served as Assistant Air Force Secretary Financial Comptroller under Clinton, and according to author Andrew Hughes, he and Lynn "lost enough taxpayer money to pay for Obama's stimulus plan four times over." They now again oversee DOD spending.
The list goes on and includes National Intelligence chief, Admiral Dennis Blair, who backed Indonesia's terror, mass-killing, and occupation of East Timor in 1998. General James Jones is a Trilateralist and former NATO commander. Obama's entire national security team is composed of recycled appointees very much committed to continued imperial wars and outlandish amounts of military spending for them.
(8) Bailed Out Banks and America's Wealthiest Cheat IRS Out of Billions
It's an old story. "Only the little people pay taxes," according to former tax cheat Leona Hemsley (1920 - 2007), and rarely does anyone like her get caught.
In 2008, the Government Accountability Office (GAO) "reported that eighty-three of the top publicly held US companies have operations in tax havens like the Cayman Islands, Bermuda, and the Virgin Islands. AIG, Bank of America, Citigroup, and 11 others got government bailouts. In addition, Union Bank of Switzerland (UBS) helped wealthy clients "cheat the IRS out of over $20 billion in recent years, according to the Department of Justice."
Other notorious tax havens include Austria, Luxembourg, the Channel Islands, Singapore, Hong Kong, Andorra, Monaco, Gibraltar, the Bahamas, the Cook Islands, and Turks and Caicos. In 2008, they saved Goldman Sachs billions of dollars through "changes in (its) geographic earnings mix." For many other companies, it's much the same through legal provisions in the tax code. According to some estimates, "trillions of dollars in both corporate profits and personal wealth have migrated offshore, (and) the offshore banking world now harbors $11.5 trillion in individual wealth alone...."
(9) US Arms Used for (Israel's) War Crimes in Gaza
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