June 09, 2005

Let Them Eat Bullets

Global arms spending has topped $1 trillion, according to this story from the Independent (U.K.). Almost half of that is by the United States.

READ IT HERE
http://news.independent.co.uk/world/politics/story.jsp?story=645335

Meanwhile, when you look at statistics from the Organization for Economic Cooperation and Development http://www.oecd.org/home/ , the United States trails industrialized nations when it comes to sharing its wealth with the world's poor by a large margin. As a percentage of Gross National Income (GNI), the US ranks at the bottom (0.16%), only one step up from Italy (0.15%), while the UK (0.36%), France (0.42%), Portugal (0.63%), Netherlands (0.74%), Sweden (0.77%), Denmark (0.84%), Luxembourg (0.85%), and Norway (0.87%) make us look stingy.

Special thanks to Rolling Stone and AmericaBlog.

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