How Lockheed Got Too Big to Fail
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- Опубліковано 27 вер 2024
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Lockheed Martin is a big business in the military industrial complex. The largest government contractor in the United States and the most massive arms producing & military services company in the world. The American Army, Navy and Air Force all rely on Lockheed's technologies. They employ over 114,000 people of which 60,000 are engineers and scientist. They did 47 billion dollars worth of business with the US government in the year 2021. Lockheed is the reason why the American military is two generations ahead of their adversaries guaranteeing security around the world.
Written by: Chris Cappy & Josh Simpson
Edited by: Michael M
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Lockheed Martin creates everything from fighter jets to high tech javelin missile systems. But unlike other countries like Russia and China where their defense industry is entirely owned by the government….Lockheed Martin is a publicly traded company. Forcing us to ask some difficult questions about the military industrial complex. Nuclear weapons, submarines, and aerospace and GPS are all in their preview.
Task & Purpose is a military news and culture oriented channel. We want to foster discussion about the defense industry.
Email capelluto@taskandpurpose.com for inquires.
#BUSINESS #HISTORY #MILITARY
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Lockheed Martin keeps saying they put lasers on aircraft by 2030…do you think they are bluffing ???
I don't think any of the bad things Lockheed has done is unique to Lockheed, I think that Lockheed is one of the most prominent players that do these things and that people villainize Lockheed because they go "Weapons manufacturer/Military industrial complex = bad" when the reality is actually much more complicated than that.
im still upset for that sinfull , untruthfull M113 video :( Thank you
One of your best videos.
@@Kkakdugii yeah but Landsat 6 failed because of .... WHO KNOWS why !!! :(
Eisenhower was RIGHT ! Landsat program stands out as a LESSON to learn
As someone from a US ally state I appreciate the efforts of everyone involved in making these videos and how they frame these issues in a relatively fair point of view
As a US citizen, someone calling themselves a citizen of a US ally state really nails the vague idea of an empire into my head
@@hashbrownz1999 US ally helps distinguish between those who are allies but could potentially go their own way if they got their s together (us in the EU) and literal vassals like South Korea, Japan and Taiwan.
@@fedyx1544 Right on and... it's quite simply that, really. Cheers mates @hashbrownz1999
Someone using existing fiction to market portions of the slave system isnt a point of view even if you/other market it in that way.
I used to work for Lockheed Martin. The corporate culture there was very strict. They used to watch over your shoulder to make sure that you used a scale to weigh out the toppings for every single pizza. And greater number the toppings a pizza had, the less of each topping you were supposed to weigh out. Wait, was that Lockheed Martin? I think it might have been Dominos
Lockheed Martin: Achieving world pizza
@@JustAnotherAccount8 And this without whirling any peas.
Hey, at leasy your products work with minimal failure in return.
@@UnknownOps This is a lie. My friend's pizza from dominos the other day had all the olives in 1 pile on 1 slice.
It was Lockheed martin
"Building your own homemade airplane in the 1910s was a pretty wild endeavor." As opposed to now, where I've built 3 stealth fighters in my basement in this month alone
Only 3? Weak
@@theAverageJoe25 Hey, no fair! I've been sick
@@theAverageJoe25 thats just in his basement, he built 5 in mine cos its bigger
Are they model airplanes I build model tanks
Inventing as you go, technology that almost certain to kill you and throw it together in your backyard shed. The BALLS!🤯
I'm really liking the amount of time and effort you guys are putting into researching these topics. It really shows
It's a big channel, he no doubt has a team like all other channels- researcher, writer, editor, etc. He's just the pretty face.
@@ruthnoya8424he literally said “you guys”
Our "average infantryman" sure has done a lot of research above his pay grade in the defense industry for us, and for that we are appreciative of our "average infantryman's" efforts and results . Thanks Chris for all you do.
You go Chris!
I was really impressed with this rendering of the military industrial landscape. Even as a very young child (6 or 7) at a military air show here in Scotland, my father who had been a RCAF pilot officer began talking about about the Lockheed Starfighter and about how many German pilots it had killed. How the bribes were to get a bad product onto the market. One mis-comment by Chris is that the Starfighter was the first to do mach-2, the English Electric Lightning with which it directly competed could do mach-1 in a vertical climb. This lightning beat the starfighter in all categories in tests, except low level acceleration where they were equal. Thus Lockheed killed many pilots through bribing their paymasters to purchase a second rate product necessary for the defence against the Soviet air force. Ultimately this event denoted the separation of the sheep from the goats.
Do you really think that all this text was not made by this guy, but by smart guys from the Pentagon for propaganda? Noway!
Agreed. Well done Chris!
@@SerpkoBakotiinii I had expected him to be supported by a team, as well as for other interested parties to lend support. That is the way of things in all complex arenas. Hwe does refer to the 'spare parts army'.
Bro Ike Eisenhower warned us about all this. An ex military general and supreme commander of allied forces came out and said WE need to be aware of outside influences along with influence from our own military industrial complex
From flying boats to Stealth fighter aircraft
Lockheed is impressive
They Made more money at war than peace time, wonder why America is always at war
@Avg gymbro lockheed just wants those dollars
Considering the cost overruns on those fighters they really know how to rape the taxpayer
What about getting idiots like cappy to pretend they were fighting for freedoms in middle Eastern countries that's the real trick
They just seem like they could be a little cheaper?
I'm really proud of your bravery, Cappy. I'm sure the Military Industrial Complex has no intention of making you disappear.
better not ! there is enough high function autism in his fan base to coordinate an ass whoopin where ever they may hide. he is our average infantryman !
He's on the payroll lol
He hasn’t said anything that’s not public information, also has praised them more than he criticized, they’re not some evil corporation but a necessary corporation in need of oversight and legal accountability
@@hannahtavana You hit the nail on the head. I would start by shutting down their lobbying.
That crossed my mind the moment I saw the title. Welp, GG - it was fun while it lasted.
Chris, this is the best thing you've done. This is exactly where I'm at, ideologically speaking. Not partisan, but seeking the truth. Your work is nuanced, well-thought out, and compelling.
Most of what I see on UA-cam is over-simplified and deterministic. The Leftist and Rightist biases are only too evident, and I often feel like I'd do better taking a dramamine before I watch. I'm so used to it, I don't even think about the myopia of these pieces when I hit the like button, which I do, because my expectations are low.
But I want to take all those likes back now. This is what defense reporting _should_ be. No one is a bigger admirer of Lockheed's history than me. Clarence Johnson was a legend. Everybody knows this. But there are real issues at stake here, and we cannot afford to turn a blind eye.
Well done and keep up the great work!
You should check out the channel called “Perun”. Not as entertaining as Cappy, but amazingly thorough and well explained stuff
Very well written, callenclarke371…and yes, Perun is fantastic.
I've worked for the machine for 16+ years now and the interesting thing about the defense industry is all these companies are where they are because of buying up competitors or merging as with Lockheed and Martin Meritta Aerospace. Same with all the large defense companies they are formed by dozens and dozens of mergers, picking up new technologies and markets. If you look at the history of military contracting KBR's origins are during WWII providing logistics, clothing, and food to the military, Lear Seigler Services now part of URS Corp provided aircraft mechanics in Vietnam. Raytheon has their hands in everything also. And even major defense companies are involved in non-military stuff such as Space, Civilian Aviation and Maritime. When you dive into the history of Lockheed, Raytheon, BAE, General Dynamics, DynCorp, KBR, General Dynamics and a ton of other companies its pretty interesting in everything they do and alot of technology we use today that was developed and pioneered by them.
You forgot Dick Cheney’s Haliburton which is an umbrella company with many companies under it which KBR happens to be just one.
All these companies are where they are because of corrupting politicians in Europe and Asia to buy there crap while killing the ones that get in your way and over up all your failure perfect exemple of this is the F-104 and the F-35 sales for Lockheed
Microsoft be like: "All your game studios/publisher are belong to us."
@@whereswaldo5740 And KBR poisoned our Marines in Iraq with highly contaminated water.
Worked for Martin Marietta Aerospace in the 1970's before the Lockheed merger - it was the 8th-largest defense contractor, not the third when it happened in 1995.
Interesting twist on the "merger" frenzy - Hughes Aircraft was owned up until 1986 by the Howard Hughes Medical Institute, a non-profit which existed solely on the proceeds from Hughes Aircraft. The IRS cast its greedy eyes on those profits and forced the sale of HAC to General Motors, a terrible fit for an Aerospace company. Prior to that time our labs were the best and funding for research was plentiful as long as we kept the Medical Institute happy (remember the first working laser was made in a Hughes lab). After the sale, funds for much independent work went down the tubes.
Then, in 1997, after we beat Raytheon for the AIM-9X (upgraded Sidewinder missile) competition, Raytheon went deep into debt and bought the whole Hughes defense and aerospace business from a now-wiser GM. Ownership by Mass-based Raytheon, another corrupt Lockheed-style company, was another step down. I retired thankfully before the United Tech-Raytheon merger, but from what I hear from friends still working there, it's even worse now. There is likely an optimum size and level of competition for efficiency and minimum corruption, and it's presently well past that. Kind of like having only two major political parties - a big mistake.
You're reports are exceptionally good.
I look forward to them all,
I think you do a great jobs of sharing both sides of a story.
Reminds me of the late-night television of smart men talking in front of a black screen.
Thanks for the insights Cappie!
Big fan of the channel especially with being former Army. I work in aviation and only have to correct a few things. 1st the civilian passenger aircraft is called the L ten eleven. 2nd that was a DC-8 not DC-10. DC-8 is a quad jet(4 engines) that competed with the Boeing 707/720. The DC-10/MD-11 were tri jets(3 engines) and were the biggest competitors of the L1011.
As a mechanic that worked on them it really hurt hearing him not say L-ten-eleven.....
@@bhess1212 yeah it hurts a little
Nerd(s) alert. Haha good catch mates, appreciate the precision and admit idk a MD-11 from a CH-53, let alone a L ten eleven lol.
Well okay... that might not have been a great example, but I think you know what I'm talkin' about. 😉
@@soarabove337 . What the FUNK are you talking about, kid??!😉
Really really appreciate you talking about the full context of Eisenhower's MIC speech, many others choose to ignore the most important part after it.
I instantly compared it to the second amendment, where the checks on the first part are then said. Removing a check and balance on the machine - through leaving that part out through historical reference and quotes has led to the bad side of the industry taking hold, being two sides of the coin necessary to it's existence though decades of encroachment into politics.
Thanks for the history lesson for the company I currently work for.
so jealous..i wish i was smart...would apply in a heartbeat
Nice bro 👍
Cool
The ccp thanks u for the info
@@kmilorestre5223 the CCP couldn't even replicate the technology if they tried.
As a big fan of the P-38, I'm just sad it only had one 20mm. I feel like it if it had 2x 20mm and 4x .50 cals it would've been a death ray plane. But probably that extra 20mm would make it a little too nose heavy and mess up some of the flight characteristics
Seen different takes on this idea, the gist of it is as you said trim characteristics would have to be massively re-engineered to deal with that much push back from that arsenal. Moreover there isnt even room for that much ammo so you would empty your entire stock pretty fast, so the middle ground is to have 1 good gun on a fast maneuvering and efficient plane
"The Power Elite" by C. Wright Mills is an often overlooked work that is even more relevant today that when it was published in 1956 and probably had influence on Eisenhower's 1961 farewell address when he addresses the Industrial Military Complex.
i would ARGUE (very bitterly) that Smedley Butler had an influence on Eisenhower
War is a racket and the power elite are both warnings that few even know about ! Was Ike just covering his tracks in his MIC speech on the way out the door ?
Superb informative and well balanced overview Chris. In most other countries "Lobbying" would be stamped out as corruption... they do need to be held to a higher standard.
like the lawfare actions by united states against france andd brazil? humm i see double standards here...
@@marcoaurelio4903 not disagreeing.
Each video is better than the last, and this is the best one yet. Keep up the improvements; you could end up being a major media outlet!
Lockheed is a private company but many who work and manage for them are former military. The truth is lockheed is only a few government documents away from being a government agency.
Sir Cappington III, this was your best work yet. Well done mate.
Love that someone with credibility, a military man, is taking in these important issues. One of the few people that can.
Great video…..in my opinion, your best ever! Thoughtful and educational…well done.
“Privatise profits socialise losses “ now where have I heard of that
I am surprised you didn’t bring up Lockheed buying Sikorsky Aircraft (one of the future vertical lift competitors) and then partnered up with Bell (the other future vertical lift competitor). They win either way. It was just announced that Bell/Lockheed won the contract. (This is what will replace the Blackhawk).
At what point will government need to consider breaking up LM similar to what happened to Bell Telephone or Standard Oil due to issues with a monopoly in the industry?
@@briancavanagh7048 as long as Boeing and Northrop exist . They won't break lm up . Most likely in future , ftc will start to deny them acquisition licences stating monopoly practises or anti competitive practises
It's just a state-run defense organization posing as a private company.
There are a lot of organizations now that are enjoying the benefits of operating as a trust and near monopoly, and they aren't broken up because the gains from the monolith model combined with industrialization and economies of scale are deemed too worthwhile. I think maybe we've gotten a bit too greedy and complacent.
@@briancavanagh7048 There's no need to because they aren't a monopoly, sure they're a large and very diverse company, but large companies aren't necessarily monopolistic in nature. This isn't to say wide companies can't be bad, but for them to be bad the company basically has to sit in a position where they completely dominate the entire economy, ala asian mega corporations like Samsung or Mitsubishi.
@@TheFriendlyInvader "The entire economy". I staunchly disagree, dominating a single industry should be enough grounds for anti-trust crackdown.
As an Italian, so Living in a country where corruption is a big issue, I always find funny the use of "lobbying". To me it just seems a way to glorify and legitimated corruption.
I would like to know what USA citizens reading my comment think of that
It sucks but it is also impossible to change, politicians like the money they get, lobbying firms like making money off the process, and the companies doing lobbying like influencing the government.
My aunt actually owns a lobbying firm in D.C. that has done work for Lockheed and I work for one of the other prime contractors.
I don't like it but given my position I don't have many choices...
In general, agreement
Donating is giving money without you expect something in return, bribe is giving money when you expect something in return.
@@MT-ej5bf no one donates hundreds of thousands without wanting something
@@geordiejones5618 so it's corruption
Nice video with some subtle points and well thought out arguments, pointing out the benefits and dangers of a privatized military industry.
so thats where the tax money is going... 47 Billion$ bruh
Might just be your best one yet Cappy, bravo.
Former LM guy here: I've worked in Defense for over 35 years and various companies, large and small. I spent 15 years with Lockheed and have found them to be the 'Boy Scouts' of Defense Contractors in the way they do business.
sounds cute and SAFE :)
HAVE YOU LOOKED INTO THE conditions that ASTRA workers live in ? and have to IMPROUVE and persevere
martin was a different aircraft company that was huge. they made the martin mars a massive flying boat that is still being used as a water bomber. they also made the monorail system for disney land.
"lockheed martin became the walmart of the defense industry"
As a temporary representative of noncredibledefense, lockmart will forgive your criticisms of the military industrial complex and will be giving a bonus instead.
on the real though, I appreciate the nuanced message of promoting responsibility in checking the defense industry. As america has by far the most potent accountability measures in military corruption compared to say Russia or China whose corruption affects their defense potential. I also never actually knew the full context of Eisenhower's farewell address.
America legalised bribing politicians and called it lobbying 😂😂, and they call other countries corrupt 😂
Lobbying is different from a bribe. Words mean things and those are 2 different words for a reason.
27:56 imagine thinking being a military power trying to submit the world to their desire is the opposite of being a dictatorship
Lookit the big brain on Kappy! Truly, some pretty insightful and balanced analysis on a complex subject.
Chris, can you do a report on Union Carbide? They are another large government contractor that deals with chemicals, etc. This company has caused more tragic deaths from faulty or downright criminal management than any other company I have ever heard of.
Btw, Lloyd Austin is a company man who has always protected his own interests in my opinion, at least this is what I saw of him when I worked under his command in Afghanistan.
They’re all out to protect their interests, above that of the country.
I'm a business student at UCF in Orlando; Lockheed is a close partner with the university and probably the most popular in terms of internships at the college of business.
I gotta say, this channel is evolving! I love this historic stuff. On the other hand I still enjoy the odd piece of military hardware.
The Lockheed L-1011 was usually pronouns as "L Ten Eleven", not "L One Zero One One"
Yeah made me cringe a bit lol
5 star tri star
For future reference, Lockheed's tri-jet airliner was referred to as the "L ten eleven".
CC, you just might win an award for best news broadcast! Thanks great info and necessary reminder!
As someone who works for LM, this was very interesting to watch.
Have they shown you the alien bodies yet?
@Little Sciolism I bet they keep plenty of aliens from earth in Area 51…
I appreciate your non-biassed and honest view on things.
Lockheed Martin Interviewer: "So, do you like youtube? Have you ever heard of task and purpose?"
Me: "NO, I HATE HIM, HE'S A LIAR, I'VE NEVER HEARD ABOUT HIM, LOCKHEED MARTIN IS INNOCENT"
All these companies are where they are because of corrupting politicians in Europe and Asia to buy there crap while killing the ones that get in your way and over up all your failure perfect exemple of this is the F-104 and the F-35 sales for Lockheed
But how can you hate something you never heard of?
The Lockheed P3-C, one of the best Anti Submarine Aircraft ever built. It helped keep tabs on Russian Ballistic Missile Submarines. Used by Australia around the world to Norway. It was on scene from the Cuban Missile Crisis and over the skies of Afghanistan.
I would love to see a series covering some of the other prime contractors! Keep up the good work
We've had total regulatory capture by major financial institutions in the United States since at least the early 90s. This is a very important topic to unpack.
this is absolutely excellent, everybody should watch this video.
Giving politicians money in exchange for favorable legislation is called corruption not lobbying.
The companies give the money to think tanks so that they create studies that influence public perception and most importantly the politician's. They can also give the money to politician's campaigns so that later they owe a favor. It's convoluted but it still corruption like you say.
My Grandpa was a brickie, but during the war he trained pilots (imagine a brickie today who's a pilot in his spare time, go figure).
When he showed me his identification manual, I was instantly drawn to the p38 as my favorite. The dual fuselage looked awesome.
Apparently, judging by it's service record, my impression was on the money.
Also fuck the MIC
Nah the MIC is important, which is why we REALLY need to keep an eye on it so that its not tipping the balance in governments.
Like what cappy said, you want it to defend against our enemies but you don’t want it to extend conflicts for profit
@@leonardusrakapradayan2253 the MIC has done nothing but keep America tied up in war or war spending for zero good reason. And I firmly believe the reason they were fine with getting out of Afghanistan is because they knew within a year the US would be involved in supplying weapons to the Ukrainians
Not sure what that picture is at 16:49 but it’s NOT a Lockheed L-1011 (ten-eleven). The Tristar had thre jet engines similar to the DC-10, but the intake of the engine on the tail was serpentine from the base of the epinage with the exhaust much lower (basically in the extreme end of the fuselage, whereas the DC-10 had that engine higher up on the tail and was a conventional straight flow through design. The “ten-eleven” was known to be an extremely well built aircraft but the DC-10 beat Lockheed into the market place and sales were not what was hoped for. The very next picture was not of a DC-10 but instead a much older DC-8…. At 17:26 the model being held is what the Tristar ACTUALLY looked like although Chris mistakenly calls it the Lockheed “airbus’’.
imagine a dentist encouraging their patients to eat more candy
Top notch video. Good to see you making better and better content. Keep it up.
Thx for this extensive and detailed Lockheed documentary, very informative 👌
Fantastic video, probably your best video yet. People often overlook the fact that this company gets recurring payments every year, in which they are not committed to. Meaning they will go back to the government and get more money, and because of the lack of competition, and rising cost of development, the government has little choice but to pay them. At the same time, the taxpayer is actually funding some (if not all) of the development of any of their new products... The government needs to actually pay companies like Lockheed to actually work on new things ... I just fundamentally don't believe that can be true, while still believing that they are really looking out for America's best interests.
At the absolute very least, the government needs to stop these companies from buying their competition, or working together on a single bid. Lockheed probably didn't care if the SB-1 or the v-280 won the army contract, because they are making money from both of them.
One other great reason for spreading out your workforce/factories across the country is to prevent being an easy target during an invasion or major disaster. It isn't always just about politics. Both are pretty darn important considerations along with other things.
That is correct
Martin moved from Baltimore to ouside of Denver to build the Titan ICBM's, Called Martin Marietta at the time,we built the multiple docking adapter for Skylab, which also carried the solar telescope.
Launched with the Saturn V rocket it was used as the first space station, 3 Missons with 3 astronauts each , cbefore it reentered the atmsphere. Each of us were given a Skylab model.
Later we built the Viking Mars landers, many development and test units and 3 flight units, only 2 were launched in 1966 to land on or about July 4 1967, the 200 aniversary of our great Nation, but Viking 1 landed on the 20th, a little late in orderto evaluate an adequate landing area. We did not know the atmospheric density, so there was uncertainity where the parachute would decrease the orbital velocity sufficiently to finish with a powered descent to a soft landing. But the first ever succefull landing on another planet worked,
Thanks to a dedicated Martin team, under outstanding and competent leadership, with great ethical principles.
Both Vikings operated way past the design life, powered with RTG's. (radioisotope thermal generators)
The approach was similat to Lockheed's Kelly Johnson: on time and under cost.
The amount of work and research you put into these videos is amazing!
It was super interesting. Well done Chris!
expose corruption < cool plane :D
this is why i think america will be okay in the long run, cause the country allows videos like this to circulate to inform the public so they're aware unlike authoritarian countries like china, russia, saudi and iran where any kind of criticism is met with censorship so instead of healing the corruption festers until it blews up on your face. Thanks for this video, keep it coming!
Haven’t you seen the twitter files that were released, showing how the FBI, CIA, NSA and other government agencies, directly interfered and suppressed information on Twitter and other big tech platforms? I agree with you, we definitely have it better than other countries, however our government is sticking its nose where it doesn’t belong.
Well I think America is in a position where if obvious censorship is shown, it's probably gonna bring up international controversies. And it may be seen as hypocritical to most people which would lead them to a worst situation.
Cappy, a thoughtful and nuanced video. You are not an average infantryman anymore.
why.... infant - ry ??? this term gives me nightmares
is he an INFANT ? :s
@@kukulroukul4698 "Infantry" derives from Latin-Italian "infantry" which means "youth." Infantry is where young warriors were placed as opposed to cavalry.
The F-104 starfighter was the beginning of big time corruption at Lockheed, even thought it was a damn good plane, but extremely limited. 😒
To put the Lockheed 80 Hp 3-seater in perspective, the WWII Willys MB had a 60 Hp engine.
First video where the last line had me unironically shouting HOOAH! Thanks for all you do, Cappy and the team!
Excellent video. Thank you for putting it together.
Your work keeps getting better and better. Keep at it!
Can we all agree this is a form of corruption?
For the amount of lobbying that goes on from the defense industry.
Yes.
Nice deep dive, thank you!
“McMissle”…something I can never un-hear…and I’m not mad about it.
Love the longer format videos! Keep em coming 💪🏻
It's one of those things that pisses you off but there is also a true need and things won't ever be perfect. It's similar to legal drugs or heroin clinics I think. You do the research and look at it from different angles and what seems like a waste of money and is distasteful might be the cheapest option and kill less people. It's hard to say where that line falls
We've been warring since the dawn of time, and some of our 'lesser' cousins are still having their chimpanzee wars. Unless something dramatically changes in the human condition, you need power to defend yourselves.
Just look at what happened to China during their century of humiliation.
For an average infantryman this was a far above average historical video!
As a kid, I loved going to the air and space museum and seeing a lot of these planes in the exhibits alongside reading about the history of each one never got boring. Interestingly, all the big MICs are major contributors there lol
I don't doubt that military defence contractors wanted to keep the US in Afghanistan for as long as possible. But, I think that impact is probably greatly overestimated. I think the biggest reason was that leaving (withdrawing, surrendering or whatever word) was going to be embracing so politicians were happy to kick the can down the road.
They also got the main stash of the Alien Tech in the world. Well them and Raytheon.
I enjoy nearly everything that you guys produce. Your research people have really shined as of late. Your newest videos are different, but stay within what I recognize as your mission.
This was your best work to date. Thank you.
my office desk was visible in this video
Your videos are truely well balanced in their accessment of difficult topics that have people in favor or against of on both sides.
Eisenhower also said that we absolutely need a military-industrial complex and we cannot depend on two oceans to protect us like before WW2.
The thing about bribes is that everyone does it, except America because of the Lockheed scandal
No, America just does lobbying, which is like, totally different from bribes because reasons.
US&A = If you don't buy our gear, we will place sanctions against you, maybe invade you, then force you to buy from us anyway.
@@thelmaviaduct nah its more like. "You have an abundance of natural resources, either join our side which will include the latest and greatest Military tech or be invaded." Where as France does the invasion/ coup part first then sells them weapons. Russia will sell to anyone, and most people don't buy from the PRC because the build quality is trash. All the while everyone listed here, and then some, use bribes to get grease the gears. It's one of the first things you learn in an international relations course.
The next topic you should do is the militarisation of police in the USA. Every time the USA is in a big war, excess equipment gets sold at minimal cost to law enforcement agencies who end up looking like an army of occupation.
This is great content!
This is a fair and balance analysis of the the Industry.
NICE video!!! DO Boeing next please!!!!! I worked on RC135
This is pure evasion of responsibility - pushing it from politicians to the businesses (even though a heavy corporativistic one, dependent on government contracts). The request for bribery comes from the center of power outwards, not the opposite way around.
Off topic a bit but you guys mabye too young to remember in 2008 during the crash, the American people overwhelmenily voted NO on the bailouts TWICE and still the government did the bailouts.
Very interesting video content, well done. This subject could be much longer. Elected officials, that have become industry lobbyists, and therefore essentially promote these large corporations make it very difficult to get value for money in the defence industry. A case in point is the F35 program. The amount of money involved is astronomical.
At least with the F-35 we’re starting to see the returns from those costs
Ey can i have a stealth je-
Lockheed appearing out of no where: why yes!
Wow Cappy your videos are great in general but this was one of your best. Keep up the good work.
thanks I really appreciate the kind words!
That $10 flight they offered at the start would be over $300 today! I remember loving the look of the Connie when I played with airplane toys in the 70's. I do, however, agree that bailing out Lockheed set a bad precedent. And government corruption/bribes should never be tolerated... we really need to see more politicians punished for such, but just look at the Biden's and we can see that it isn't even something folks are willing to worry about on the left these days as long as the politician supports their anti-liberty positions.
Dr. Steven Greer toughts on Lockheed Martin are really enlightening for those who wants to know more about the subject.
Wtf is lobbying, isn't it called bribing?
Your range of subject is absolutely amazing. Keep it up.
I'm actually doing an essay for my AP government class on this issue of corporate influnce on defense, perfect timing.
1:45 LOL McMissile, fuck that got me boi
It's a bird! It's a plane! Oh no, it's Lockheed Martin!
Your evolving into a great military and political journalist dude, merry Christmas 🎄 from Canada 🇨🇦
Phenomenal and balanced presentation. Thank you!
Another great Vlog Cappy! Sadly our cultural context is all too often framed with an “or” rather than an “and”. Yes - they and every other government contractor are profit motivated AND they provide the products and services necessary to keep us ahead of our adversaries. And as Chris rightly points out, we must do better at oversight to keep the personal self interest of politicians disentangled from the contract and procurement process. The problem is, how do we do that in todays polarized and opaque world of politics? The media who used to seek accountability within government are just as financially and politically connected as the defense industry. But that’s a story for another vlog….
Good points. Remember Walter Kronkite and others who had real integrity and were nonpartison? The rise of online unaccredited "news" aka editorial channels are feeding people what they want to hear, which has led to people becoming more and more polarized in their idealogy. I believe one answer is for each person to be an "informed" voter and an active participant in our republic, and really seek out the most objective news outlets possible, whether we want to hear it or not.
An even and balanced look at Lockheed. I've learned some stuff, so good job. We still need to keep an eye on these guys.
Outstanding video. It made me curious about the history of the Martin company though.