https://www.ibtimes.com/us-spent-300-million-day-afghanistan-taliban-war-3275029
Close to $2 000 000 000 000 USD of American Taxpayer money spent.
20 years of the United States being there - who profited?
Certainly not the people of Afghanistan.
Certainly not the people of the United States.
Oh wait ...
On the contrary, from the perspective of some of the most powerful people in the U.S., it may have been an extraordinary success. Notably, the boards of directors of all five defense contractors include retired top-level military officers.
The numbers (from the article) -
These are the specific results for the relevant contractors since September 2001. All except Boeing receive the vast majority of their revenue from the U.S. government.
S&P 500
- Total return: 516.67 percent
- Annualized return: 9.56 percent
- $10,000 2001 stock purchase today: $61,613.06
Basket of Top Five Contractor Stocks
- Total return: 872.94 percent
- $10,000 2001 stock purchase ($2,000 of each stock) today: $97,294.80
Boeing
- Total return: 974.97 percent
- Annualized return: 12.67 percent
- $10,000 2001 stock purchase today: $107,588.47
- Board includes: Edmund P. Giambastiani Jr. (former vice chair, Joint Chiefs of Staff), Stayce D. Harris (former inspector general, Air Force), John M. Richardson (former navy chief of Naval Operations)
Raytheon
- Total return: 331.49 percent
- Annualized return: 7.62 percent
- $10,000 2001 stock purchase today: $43,166.92
- Board includes: Ellen Pawlikowski (retired Air Force general), James Winnefeld Jr. (retired Navy admiral), Robert Work (former deputy secretary of defense)
Lockheed Martin
- Total return: 1,235.60 percent
- Annualized return: 13.90 percent
- $10,000 2001 stock purchase today: $133,559.21
- Board includes: Bruce Carlson (retired Air Force general), Joseph Dunford Jr. (retired Marine Corps general)
General Dynamics
- Total return: 625.37 percent
- Annualized return: 10.46 percent
- $10,000 2001 stock purchase today: $72,515.58
- Board includes: Rudy deLeon (former deputy secretary of defense), Cecil Haney (retired Navy admiral), James Mattis (former secretary of defense and former Marine Corps general), Peter Wall (retired British general)
Northrop Grumman
- Total return: 1,196.14 percent
- Annualized return: 13.73 percent
- $10,000 2001 stock purchase today: $129,644.84
- Board includes: Gary Roughead (retired Navy admiral), Mark Welsh III (retired Air Force general)
(All stock return calculations were made with the Dividend Channel’s DRIP calculator for the period from September 18, 2001 to August 15, 2021. They reflect returns gross of any taxes and fees and are not adjusted for inflation.)
I think the term to describe this is -> stealing money and committing violence. But something tells me none of these individuals will ever serve time in a prison, let alone be even charged.
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