The military captures almost one-half of the entire federal discretionary budget--money for everything the government does from the FBI to Head Start, excluding only mandatory spending, primarily interest on the national debt and entitlements like Social Security and Medicare.
More than $60 billion spent on missile defense projects since 1983 has produced precious little beyond cost overruns and technical failures.
Sadly, though the overall number of nuclear weapons is down (from approximately 60,000 in 1990 to 35,000 today) and the antagonism of the cold war has faded, the risk of nuclear war is still real, and the threat of nuclear proliferation is greater than ever.
Environmentalists are increasingly demanding that international rules and corporate norms governing investment explicitly embrace environmental and social performance goals.
U.S. Surgeon General David Satcher has likened the HIV/AIDS epidemic in Africa to the plague that decimated Europe in the fourteenth century.
For most of the worlds poorest countries, multilateral debt looms larger than other debts because of the IFIs status as "preferred creditors," as providers of core development and balance-of-payment loans.
The twenty-first century requires new paths that encourage exchanges of goods, capital, and people that enhance the social and environmental common good and that discourage or stop those exchanges that undermine healthy communities, a clean environment, and dignified work.
The Export-Import Bank (Eximbank) is an independent U.S. government agency established in 1934 to create jobs through exports.
The Clinton administration went further than Reagan and Bush, announcing in 1993 that all U.S. foreign policy would be guided by the doctrine of "enlargement," aimed at expanding the community of democratic states.
The Overseas Private Investment Corporation (OPIC), a wholly owned government corporation established in 1971, provides taxpayer-backed loans, loan guarantees, and insurance to U.S. businesses for investments in "politically risky" countries.