Feeds: Email, RSS & Twitter

Get Our Videos By Email


8,300 Unique Visitors In The Past Day


Powered by Squarespace


Search The Archive Of 15,000 Videos




Hank Paulson Is A Criminal - Pass It On

"The Federal Reserve Is A Ponzi Scheme"

Get Our Videos By Email


Bernanke's Replacement: Happy Hour In Santa Cruz

Must See: National Debt Road Trip

"Of Course We're Not Going To  Payback the Chinese."

Dave Chappelle On White Collar Crime

Carlin: Wall Street Owns Washington

SLIDESHOW - Genius Signs From Irish IMF Protest

SLIDESHOW - Airport Security Cartoons - TSA

Most Recent Comments
Cartoons & Photos
« World Gold Demand Hits Record High In 2012 | Main | Software Meant To Fight Crime Used To Spy On Dissidents »

F-35: A Short History Of The Costliest Fighter Ever

Be all that you can be.

It costs more than the annual GDP of Australia, and we are borrowing 42 cents of every dollar to pay for it.

Update - Pentagon Grounds Entire Fleet of F-35 Stealth Fighters




The F-35: A Weapon That Costs More Than Australia

Government Sees Lifetime Cost Of F-35 fighter At $1.51 Trillion - Reuters


PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (11)

Wonder how many are already promised to Israel?
Dec 11, 2012 at 6:47 PM | Unregistered Commenterpaul
This latest plane will very quickly be handed over to Israel so they can then sell it to an "enemy". Which in turn creates a need for the Pentagon to development (at taxpayer expense) an even more sophisticated fighter to compete with the F-35. This is only one of the tactics used to sustain the self-perpetuating arms race that has robbed the American people over the past 60 years.
Dec 11, 2012 at 7:13 PM | Unregistered Commentercarroll price
..although Israel who has hijacked the US gets them for free.
Dec 11, 2012 at 8:04 PM | Unregistered CommenterJustMe
We stand humbled in a state of shock and awe at the mind-boggling waste.
Dec 11, 2012 at 8:34 PM | Unregistered Commenterhidflect
The more we buy, the more Israel can be promised.
Dec 11, 2012 at 9:43 PM | Unregistered CommenterAndyj
Apparently Kanada will be paying $150 million (double) for each of theirs so that Israel gets a free one for each one Kanada buys.
Dec 12, 2012 at 12:25 AM | Unregistered Commenterfred
Goodness fellow commentators, someone might get the impression that our "only friend" in the M.E. is really our enemy in disguise.
Dec 12, 2012 at 4:10 PM | Unregistered CommenterNorman
US sending 20 brand new F-16s to Morsi’s Muslim Brotherhood

News about F 16's to Muslim Brotherhood


Obama Admin Going Ahead with F-16 Shipment to Muslim Brotherhood-Ruled Egypt
TheBlaze.com·1 day ago The Obama administration is going ahead with a delivery of 20 F-16 fighter jets to the Muslim Brotherhood-led country, even as Amnesty International is calling…


More INSANITY From The Obama Administration: We Are Sending …

Dec 12, 2012 at 7:37 PM | Unregistered CommenterBackgammon
To Backgammon, perhaps there is a method to his madness, the "O". Payback time for the Bibi trying to influence the reelection? Let's see, the al Qaeda rebels in Syria, the Brotherhood in Egypt with their new F-16s, interesting thoughts, maybe?
Dec 12, 2012 at 8:34 PM | Unregistered CommenterNorman
Exclusive: U.S. waived laws to keep F-35 on track with China-made parts


(Reuters) - The Pentagon repeatedly waived laws banning Chinese-built components on U.S. weapons in order to keep the $392 billion Lockheed Martin Corp F-35 fighter program on track in 2012 and 2013, even as U.S. officials were voicing concern about China's espionage and military buildup.

According to Pentagon documents reviewed by Reuters, chief U.S. arms buyer Frank Kendall allowed two F-35 suppliers, Northrop Grumman Corp and Honeywell International Inc, to use Chinese magnets for the new warplane's radar system, landing gears and other hardware. Without the waivers, both companies could have faced sanctions for violating federal law and the F-35 program could have faced further delays.

"It was a pretty big deal and an unusual situation because there's a prohibition on doing defense work in China, even if it's inadvertent," said Frank Kenlon, who recently retired as a senior Pentagon procurement official and now teaches at American University. "I'd never seen this happen before."

The Government Accountability Office, the investigative arm of Congress, is examining three such cases involving the F-35, the U.S. military's next generation fighter, the documents show.

The GAO report, due March 1, was ordered by U.S. lawmakers, who say they are concerned that Americans firms are being shut out of the specialty metals market, and that a U.S. weapon system may become dependent on parts made by a potential future adversary.

The waivers apply to inexpensive parts, including $2 magnets, installed on 115 F-35 test, training and production aircraft, the last of which are due to be delivered in May 2014. Lawmakers noted that several U.S. companies make similar magnets.
Jan 4, 2014 at 10:47 AM | Unregistered Commenterjohn

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
All HTML will be escaped. Hyperlinks will be created for URLs automatically.