Missile Manufacturers See Stocks Surge After Recent Airstrikes In Syria
War is good business for some and thanks to the recent strikes that were launched in Syria, it's alleged that the move helped to add billions of dollars in stock value to weapons manufactures like Raytheon and others.
The company that manufactures the missiles that were allegedly used in Syria is said to be the Raytheon company and over the weekend they added over $2 billion to their company value.
Lockheed Martin, General Dynamics, Northrop Grumman, and Boeing, also saw gains.
Taxpayers funded the airstrikes, which were estimated to cost more than $100 million.
And is it any surprise that those who've launched the strikes have deemed their actions moral and acceptable? We shouldn't expect any less.
Maybe after they spend a few more trillion they will have finally accomplished their goal? Or perhaps they'll be engaged in this battle for another few decades to come yet. In the meantime, it's the people who are paying the price in numerous ways.
Pics:
Pixabay
Google Finance
Sources:
https://www.peoplesworld.org/article/syria-airstrikes-added-10-billion-to-missile-manufacturer-stock-values/
https://www.cnbc.com/2018/04/16/syria-airstrikes-cost-to-us-taxpayers.html
http://www.bbc.co.uk/news/uk-politics-43775728
https://steemit.com/business/@doitvoluntarily/new-report-suggests-anti-terror-efforts-more-concerned-with-enriching-contractors-than-thwarting-terrorism
https://www.nytimes.com/2018/04/15/world/middleeast/syria-us-airstrike.html
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Killing people you don't know, in places you'll never go, with money stolen from you by a group of thugs that chose themselves to lead. Democracy!
ugh this just makes me sick. war is a very profitable business.......
dirty republican money $$
I made a video just about a year ago that covered this topic along with the companies you mentioned. The reason I made it is because I know I could always plug it at any time, and it would fit right in. Just like now! The only thing that will be off is the amount of profits that the companies are making, as those will continue to rise.
AWESOME video . Checkout all of the companies you just mentioned stocks went up right after the air strike . What a SICK country I have to belong to . And your right that book should be required reading along with the constitution , the bill of rights , the Bible , and they should know where the money comes from . I still know of kids today that DO NOT KNOW what the federal reserve is ⁉️ Thanks 🙏
No problem. Thanks!
This is a great article to see and read by many people. War is a business for some people. Thanks for sharing @doitvoluntarily.
WWI cost about 3 trillion dollars in total, 3 fucking trillion dollars and it was 1917, Here in this day and age another war would be multi trillion of dollars wasted weapons, plus pharma companies will be profiting as well, due medicines being in demand. At the end of the day it’s the companies that profit the most from wars.
@doitvoluntarily children are dying everyday, blood all over Syria. Syrian government and the world power are playing a gem of chess on Syria. They need to do more to save the children and the citizen of Syria.
Another instance where the public is bearing the cost, while gains are being privatized.
@doitvoluntarily have you read "War is a Racket" by Smedley Butler? It might have been written a while ago, but he offers some interesting suggestions to remove the pecuniary incentives from war :
To anyone interested, it's a short read (more like an essay) with themes that are still very much pertinent.
some great quotes!
~General Smedley Butler (USMC, Ret.)"
I wished we could live a happy life with money. It is the first cause of the most wars happened in our history. I dont understand the point of harming other for money, but that shows us how many people could take the bad choice to destroy themselves.
If all people would wish nothing than peace on our planet, we would defeat any power no matter how strong it can be.
We may never truly know why wars are started and who is responsible for ensuring they never cease. But it's obvious some people are obviously happy in this carnage