A Sell Signal on the Pentagon

October 28, 2008 RSS Feed Print

If Barack Obama is going to beef up our supposedly broken-down military if elected, then why is Wall Street suddenly down on the sector? Maybe it's because Barney Frank is talking about slashing the Pentagon's budget by 25 percent. (Efharisto to Max Boot at Commentary's blog.)

Tags:
Barney Frank,
stocks,
presidential election 2008,
Barack Obama,
Wall Street,
national security terrorism and the military,
military,
defense spending,
Pentagon

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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