Who profits from war?

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 31 October 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

A $14.3 billion Israel aid package from the House GOP is in the works, and some Republican representatives are looking into unconventional ways to fund it. We’ll get into where U.S. military aid usually ends up and who stands to make a profit from global conflict. Plus, how the media coverage leading up to the 2024 election often makes false equivalencies between the speaking abilities of former President Donald Trump and President Joe Biden.

Here’s everything we talked about:

- “House GOP announces standalone $14.3 billion Israel aid package, setting up Senate clash — Live Updates” from Politico

- “Ukraine war orders starting to boost revenues for big US defense contractors” from Reuters

- “Israel’s Economy Set to Shrink 11% as Hamas War Escalates: JPMorgan” from Bloomberg

- “Trump’s Verbal Slips Could Weaken His Attacks on Biden’s Age” from The New York Times

- “‘I had no idea I’d become a national event’: Orson Welles on the mass hysteria of The War of the Worlds” from BBC Culture

Do you have a question that you want to ask us or a comment about something we talked about? Call us at 508-U-B-SMART or email makemesmart@marketplace.org.

Transcript

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0:00.0	Okay. I am ready at any time. Same.
0:05.0	Oh god, Drew, you're killing me. Let's hope you're really starting to know.
0:12.0	Hey everybody, I'm Kyver. Welcome back to Make Me Smart, where we make the day make sense.
0:16.0	Me saying I'm ready without actually being ready is not a new thing on this podcast.
0:21.0	And I'm Kimberly Adams. Welcome everyone. It is Monday, October.
0:26.0	The 30th Halloween Eve, although Halloween is all hollows Eve.
0:31.0	So it's the day before Halloween, actually, Halloween Eve, all hollows Eve.
0:36.0	Anyway, it's all hollows Eve Eve. Yeah. Yeah. All Halls Eve.
0:41.0	Yeah. Anyway, welcome everyone. Thank you so much for joining us.
0:44.0	Hopefully you had a restful weekend if Saturday and Sunday are the weekend for you.
0:49.0	And yeah, let's do it.
0:51.0	So we'll do the news from smiles.
0:53.0	And as always, it will go in that order. News and then smiles. What do you got?
0:57.0	You got two things. I see. They're kind of the same.
1:00.0	So today, the House GOP, specifically the new speaker of the House, Mike Johnson,
1:06.0	released the House GOP's new aid package for Israel's military drive against Hamas,
1:13.0	which he has vowed to pass on the floor this week, according to Politico.
1:17.0	So you and I have been talking about this for a while, that one of the first things
1:20.0	that Mike Johnson was going to need to do is pass attempt to pass some sort of aid for Israel
1:28.0	and or Ukraine.
1:30.0	The Biden administration has suggested a supplemental appropriations bill that had funding for Israel,
1:37.0	funding for Ukraine, border security, because there's no way the conservative would vote for anything without it,
	...

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