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actually, if we recalled our military forces worldwide and reduced spending to only what would be required to police our borders, we'd be the richest nation in the world and all of our financial problems would be solved.
keep in mind that the USA spends more on military support than the rest of the planet combined.
so, it is as Eisenhower warned (way back around the time when I was first born), that the biggest threat to America's freedom is the military-industrial-scientific complex.
turns out he was right after all... and he was a republican, go figure. don't expect much from Obama on this, he's falling into the same Afghanistan trap as the soviet union, and look what happened to them as a result.