12.10.2013 - 22:38 [ Global Research ]

The Shutdown of the U.S. Government and “Debt Default”: A Dress Rehearsal for the Privatization of the Federal State System?

By Prof Michel Chossudovsky

Of significance, there were several other unreported shadowy multibillion bailouts which do not appear in government accounts, not to mention the Pentagon’s black budgets which are not included in the official expenditure accounts of the Department of Defense.

According to Aviation Week in a 2009 report:

“the Pentagon’s ‘black’ operations, including the intelligence budgets nested inside it, are roughly equal in magnitude to the entire defense budgets of the UK, France or Japan, and 10 per cent of the total.” (see Big Increases for Intelligence and Pentagon “Black” Programs in 2010 By Tom Burghardt, May 13, 2009