Sunday, September 04, 2016

"the Saudis pretty much subsidized everything"

As Des Roches reminded me, the U.S. government is the official vendor for weapons sales on behalf of corporations such as Boeing and Textron. “We levy a surcharge for the U.S. government’s involvement,” he explained, reminding me that the sale of the F-15s and other assorted items ran to $60 billion. “Seven percent of that is a significant amount of money,” he continued. “That basically covers U.S. government operating expenses to run things like training for the Bolivian armed forces in counternarcotics, and stuff like that. Up until very, very recently, the Saudis pretty much subsidized everything. People do not realize how much benefit we get from our interaction with them.” (thanks Morgan)