Tag: jet-engines

Go Inside the $56 Billion ‘Black’ Budget

Filed in Bank Gold, gld, inflation, o by on February 20, 2011 0 Comments

The Pentagon dropped its $533 billion budget this week. Some line items get a thorough public debate — like stealth jet engines and soldier health care. Others have opaque names like “RETRACT MAPLE,” and are totally hush-hush. Welcome to the Defense Department’s classified, or black, budget. It appears to be about $56 billion, the same as last year, less some inflation.

Continue Reading »