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Trillion-Dollar Jet Wasting Your Taxes -- TYT

submitted by Boise_Lib

1 decade 2 years 7 months 2 weeks ago

YouTube Description:

Via Wired: "The F-35 Joint Strike Fighter, the supposed backbone of the Pentagon's future air arsenal, could need additional years of work and billions of dollars in unplanned fixes, the Air Force and the Government Accountability Office revealed on Tuesday. Congressional testimony by Air Force and Navy leaders, plus a new report by the GAO, heaped bad news on a program that was already almost a decade late, hundreds of billions of dollars over its original budget and vexed by mismanagement, safety woes and rigged test results. At an estimated $1 trillion to develop, purchase and support through 2050, the Lockheed Martin-built F-35 was already the most expensive conventional weapons program ever even before Tuesday's bulletins...". The Young Turks host Cenk Uygur shares the kicker, which is that 12 other countries are looking to buy the plane after it's completed even though US taxpayers are footing the R & D for the project.
http://www.wired.com/dangerroom/2012/03/f35-budget-disaster/