In this video from 1961, President Dwight Eisenhower explained the grave implications of the existence of the military industrial complex. In my opinion, he was spot on in this speech (which was his exit speech from the presidency), and this phenomenon of the MEC explains the horrifically warped U.S. national budget and our equally warped sense of national priorities for decades:
"This week marks the 50th anniversary of President Dwight D. Eisenhower’s famous farewell speech to the nation in which he warned against the rise of a "military-industrial complex." We speak with William Hartung, director of the Arms and Security Initiative at the New America Foundation, who traces the rise of the military-industrial complex through the story of the nation’s largest weapons contractor, Lockheed Martin. Hartung’s new book is Prophets of War: Lockheed Martin and the Making of the Military-Industrial Complex."
http://www.democracynow.org/2011/1/20/fifty_years…
“We must never let the weight of this combination endanger our liberty or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.”
Dwight Eisenhower