MR."PEACE PRIZE" OBAMA GIVES MILITARY LARGEST BUDGET SINCE WORLD WAR TWO!  The Stockholm International Peace Research Institute estimates American military spending for 2009 to have accounted for 43 percent of the world total. Carl Conetta, co-director of the Project on Defense Alternatives, earlier this year estimated the 2010 U.S. defense budget to constitute 47 percent of total worldwide military expenditures and to amount to 19 percent of all American federal spending. Pentagon spending has increased by 100 percent since 1998 and Obama  plans to spend more on the Pentagon over eight years than any administration has since World War II.Even as it currently is, the amount is the highest in constant dollars (pegged at any given year’s dollar and adjusted for inflation) since 1945, the final year of the Second World War. With recent U.S. census figures at 308 million, next year the Pentagon will spend $2,354 for every citizen of the country at the $725 billion price tag alone.

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