Saturday, February 24, 2007

Lessons of the past 35 years
Both historically and in his life (some folk wisdom) from LRC’s Gary North

Did you know this?
In 1972... the Nixon Administration authorized the Bryant Chucking Grinder Company to sell the USSR the unique ball bearing technology which made possible MIRVed nuclear missiles. That allowed the USSR to multiply ten-fold its nuclear attack capacity against the U.S. That decision made several million dollars for Bryant and cost the U.S. government probably an extra trillion dollars in defense. It was therefore great for the defense industries on both sides of the Iron Curtain. It was not so great for taxpayers.

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