4.9 • 720 Ratings
🗓️ 9 December 2024
⏱️ 15 minutes
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0:00.0 | Hi, everybody. Welcome to Hot Mike. I'm your co-host, Bill Little. Good news. Hot Mike is here in the studio. He's in makeup. They're just putting some finishing touches on his hair, as I understand, so we expect him out any second now. |
0:10.8 | Well, I have a theory about the military, and it's a simple one, and that is simply this. I think it's time to sell the Pentagon. |
0:17.6 | Just sell it. Turn it into a series of concentric ice skating rinks maybe or perhaps some |
0:22.6 | kind of office space or if there's a housing shortage, perhaps you could turn them into luxury |
0:27.9 | apartments. You need to do something with the Pentagon because the Pentagon as it exists today |
0:32.1 | is the source of all of our problems that we have with the military. You see, the Pentagon is the world's largest |
0:38.8 | piggy bank, and I mean by far, the amount of money that the federal government spends every year is |
0:45.3 | really genuinely, literally inconceivable. For example, if spending were equal to GDP, |
0:53.7 | then the United States government would be the third largest economy in the world. Think about that. The U.S. GDP is 29.1 trillion. China is 18.2 trillion. The U.S. government is 6.7 trillion. Germany is 4.7 trillion, and Japan is 4 trillion even. It is the largest honeypot in the world. |
1:15.1 | It's the largest single concentration of money to be spent anywhere on the planet. Now, the |
1:20.8 | Pentagon is built like a fortress, but it's not really a fortress, not in an operational sense. |
1:26.9 | It's much less like a fortress and much |
1:29.2 | more like a temple. It is a temple that has a priesthood. And the priesthood's position is to make sure |
1:36.1 | that what's inside the temple stays inside the temple and nothing that is not directly invited |
1:40.7 | ever gets on the inside. It's an impenetrable political barrier. It's a shrine |
1:47.7 | that controls $825 billion of spending every single year. How much money is that really? And what kind of |
1:57.8 | financial pressures does that put on the people that make the decisions |
2:01.3 | about how the U.S. military functions. |
2:03.6 | Well, if the Pentagon spends 825 billion dollars a year, that means that in one year, the |
2:12.0 | Pentagon could buy Boeing, all of it, $15 billion market cap for Boeing, just buy Boeing outright, and $121 billion |
2:19.4 | for Lockheed could buy them both out in four months. |
2:23.1 | Four months of Pentagon spending could buy all of Lockheed and all of Boeing, and who knows |
... |
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