A few months ago I ran across a shocking statistic about defense spending in our country. The United States spends more money on defense than the rest of the world combined. I started to look around for reading surrounding this topic and learned that Dwight Eisenhower (one of my personal heroes) made an important (but forgotten) speech about how this might happen in the second half of the twentieth century. I know this article has little to do with banking but I thought you might find it interesting background as we make important budgetary decisions in our country.
Read "The Tyranny of Defense Inc. " from The Atlantic.