“Today, the US has no worthy enemies. Still, it spends $1 trillion a year — fully loaded — to defend itself against them. The ‘terrorists’ and ‘insurgents’ it protects us against have no divisions, no trained officers, no heavy armor, no ships, no aircraft, and no heavy weapons. That is why the news from the front is so boring; the newspapers barely report it. There are no pitched battles. No Napoleonic charges. No breathtaking victories. No Stalingrads. No Gettysburgs. No brilliant strategies. No crushing defeats.”

http://dailyreckoning.com/preparing-to-fail/

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