Military Admits Trillion Dollar F-35 Program is a Failure

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f-35 wikimedia

For over a decade the US military has spent $1.5 trillion dollars to create an all-purpose fighter jet that would replace their diverse fleet of warplanes. It’s a project that has been rife with criticism for being grossly over budget and delayed for years, not to mention the fact that the plane is riddled with technical flaws and lacks maneuverability (most recently, it was revealed that the F-35 has a faulty radar that needs to be frequently restarted). And each of these problem prone aircraft cost 3 to 5 times as much to manufacture as older fighter jets, like the F-15 and F-16.

Now officials with the Pentagon are admitting that this massive boondoggle is a total bust. One official admitted that to replace the Air Force’s entire fleet, which was the original intention of the F-35 program, they would have eliminate a fifth of their squadrons to afford it. Two generals said that the whole idea of an all-purpose aircraft was flawed from the start, and the Pentagon is already planning a 6th generation fighter jet to replace the F-35.

To maintain any semblance of air superiority, the military will be forced to maintain their older weapon systems alongside the F-35 until a replacement is made, which is the ultimate proof that the concept of an all-purpose fighter jet is a complete failure. By the time the next generation fighter is in production, which is expected by the year 2040, our fleet of F-15s and F-16s will be 70 years old and completely outclassed by Chinese and Russian aircraft.

What’s worse is that even though the military hates this plane, they can’t scrap the project. Too much money has been spent to back out now, which you might recognize as the same logical fallacy that keeps compulsive gamblers from walking away from slot machines.

In addition to this, over 1,300 suppliers employing 133,000 people in 45 states, are responsible for building the F-35. This means that most members of Congress will be unwilling to vote down the project, for fear of killing jobs in their districts. So for the next few decades, the military is stuck with this faulty aircraft, and the taxpayers are stuck with the bill.

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Contributed by Joshua Krause of The Daily Sheeple.

Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website is Strange Danger .

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  • I forgot

    What the hell, it’s only $1,500,000,000,000 – just take it out of petty cash.

    • ExecutorOffice

      Nice idea ! Is the National ” Deficit” still frozen ? Ain’t heard much on that lately

      • I forgot

        $19 trillion national debt and nearly a $65 trilion total debt, no problem! Just borrow some more from the Federal reserve system which doesn’t belong to us. Hell, it’s not even money!

        • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

          Total off budget debt is way over 200 trillion.
          But it is in dollars, which aren’t money, anyway.
          Why Debt Is Not Money
          Editor’s Note: In yesterday’s Weekend Edition, Casey Research founder Doug Casey explained why gold is uniquely suited for use as money. Today, Doug explains why today’s debt-based paper currency is not real money…

          By Doug Casey

          Gold’s main use, contrary to the belief of some, isn’t in jewelry or dentistry—although those uses are important. Its main use has almost always been as money. But gold’s ancillary uses are growing in importance because, given its physical characteristics, it’s a high-tech metal. It’s one of the most resistant to chemical reaction, one of the most ductile, the most malleable of all the elements, and it’s an exceptional electrical conductor.

          There are lots of other advantages to gold as money. It’s by far the most private kind of money; gold coins, unlike paper currency, don’t even carry serial numbers. That makes it truly untraceable. At current prices, it’s more portable than cash, even in the form of $100 bills. It doesn’t retain traces of drugs, as does currency, which makes it less liable to arbitrary confiscation. Although efforts have been made to counterfeit gold bars, with tungsten filler and such, it’s much easier to authenticate than currency.

          Until quite recently, 90% of the world’s people were either flat-out prohibited from owning gold (Russia, China, and the rest of the ex-communist world) or simply too poor to consider it (most Indians and other residents of the Third World). But these people are now allowed to own gold and have a fast-increasing ability to buy it. And they’re rapidly doing so. Their cultures have long histories with the metal and recent histories of living in a police state; they understand the value of real money. Although common people are now the biggest gold buyers, their governments and central banks are accumulating it as well.

          I expect that gold will soon become the preferred medium of exchange for many. Early adopters will include dealers in drugs, armaments, and other prescribed merchandise; these folks are very security-conscious. They will be joined by all manner of people who just want to do business below the government radar. And in the years to come, paper currency is gradually going to be eliminated by governments in favor of debit cards, credit cards, and other media of electronic transfer. Governments prefer these things, for obvious reasons. People, therefore, are going to need a private way to trade when paper cash is unavailable.

          It’s not just that cash will be harder to come by and harder to use. People won’t want to hold it as inflation gets serious; as U.S. dollars are increasingly viewed as hot potatoes, people around the world will gradually go to gold. In 100 or so countries, the dollar is already the de facto currency for large purchases and long-term saving. What will people in these countries do as the dollar starts losing value rapidly? They won’t go back to their local currencies; their only reasonable alternative is gold. All these things will add to demand for the metal. This is good news for those who own gold in size now.

          Almost everybody, even gold bugs, has far too little gold. Most people have no gold at all. Pity the poor fools. Gold is going to be reinstituted as money within our lifetimes, simply out of necessity. But that can only happen at higher prices, since only about six billion ounces exist above ground in the entire world.

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          Debt

          Now that we’ve defined what money is, let me further define what money is not: debt. All U.S. dollars, which is to say Federal Reserve Notes, are debt. They are neither redeemable for anything by their issuer, nor is there a limit on how many can be created. They represent only a vague claim against the “good faith and credit” of the United States government, which is to say the government’s ability to extract taxes from its subjects. But Uncle Sam has shown himself to be remarkably lacking in good faith and is currently embarked on a course to destroy his credit.

          The dollar is literally an “IOU nothing.” It’s true that your grocer and your barber have to accept the dollar because of “legal tender” laws, and because they currently wouldn’t know what else to take in payment. But that’s not true of foreigners, who own something like six trillion dollars.

          Paper money is an excellent means for governments to tax people indirectly, surreptitiously, through inflation. That’s one reason central bankers love paper money, but also, phony economic theories, like those of John Maynard Keynes, hold that the government not only can but should meddle with the economy, and the ability to print paper money gives them a means to do that.

          In today’s world, not only do people around the world take it for granted that paper is money, but that it should be so.

          But it’s all nonsense. After the current system collapses, as every paper money system in the past has collapsed, some form of money will have to replace it, and it’s almost certainly going to be gold.

          You know, in the 19th century, the “paper money” you carried in your wallet was called banknotes. Why? Because they actually were notes from your bank representing a specified amount of real money on deposit. People carried these things because they were much more convenient for large amounts of money than chests of gold. Dollars today say “Federal Reserve Note,” not “XYZ Bank Note,” on the back, because they aren’t redeemable for anything besides more Federal Reserve notes. That’s why today’s paper money substitutes are called fiat currencies; they have zero intrinsic value and are not redeemable for anything, but are accepted because the government will put you in jail if you don’t. It’s a fiat accomplished by force, not real value recognized by those who accept the notes.

          Hundreds of years ago, people accepted bank notes because they knew the reputations of the banks issuing them (when you traveled, you went to a reputable local bank, which knew the reputation of the bank that issued your notes, and the local bank could issue you new notes in local currency, etc.). There was no central authority to certify these notes. But today, people don’t think that way. They think it takes a government to assure the value of money.

          Of course, anyone in Zimbabwe can tell you a government’s guarantee is not necessarily worth anything. A collapse of the dollar – the world’s de facto reserve currency – could spark such a change in that way of thinking.

          Gold is also the only asset class that is not also simultaneously someone else’s liability. And in a world as financially unstable as today’s, you just don’t want to hold on to someone else’s liabilities any more than you have to. Especially if that’s a liability of an entity like the U.S. government.

          Other currencies are no better; most are worse, and many of them are backed largely by dollars.

          Governments, however, are not the only ones who think that debt is money. It seems that many people who get a bunch of credit cards, enabling them to spend beyond their means, imagine that they have money. And they also think that owning the debt of others – like government bonds – means they have money. A bank deposit isn’t really cash; it’s a debt of the bank. There are about three trillion dollars in money market funds; 100% of that money is invested in the short-term debt of banks, corporations, and governments. I would be very leery of these things. Debt is not always repaid. Money, however, simply “is.” That distinction is lost on almost everyone. Don’t be among them.

          So you should own gold because it’s money, because of its security, and because it’s an excellent speculation. If you think of your gold as cash, and the dollar as a merely temporarily fashionable means of exchange, you’ll find yourself loading your portfolio with much more gold and gold proxies. That will protect you against the very rapid loss of value the dollar faces in years to come. Inflation is going to truly get out of control.

      • Zaphod Braden

        Paul Ryan bent over and GAVE Obama a BLANK CHECK to do what Obama wants …….. “Ryan”, the new spelling for Traitor.

  • Donna

    I bet the bankers who loaned the US the Trillion + dollars are very happy with their investment that the US taxpayer is on the hook for.

    • Mick Price

      Hey it’s not their money, it’s your pension scheme.

  • 2016usaofzimbabwe

    Flying pork barrel -swindle from the chosen ones never stops’They my be the death of US all.

  • LiberalsRLost

    the lost trillions is just a money laundering scheme…and laugh when we call them incompetent……but call them for what they are…money laundering drug running thugs……funding covert ops

    • Zaphod Braden

      TRAITORS

      • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

        No more so than the hundreds of thousands of soldiers who joined to serve their country and obeyed unlawful orders from domestic enemies that led them to violate their oaths and Constitution they swore to protect and defend.

  • SP_88

    What a bunch of bullshit. All these billion and trillion dollar projects and lost money are just a bunch of lies they tell us to cover up the scam. All this money wasn’t lost or wasted, it was stolen and given to the wealthy elitists so they could spend it on things to make sure that we are enslaved to them and controlled by them, or to provide them with luxury homes and vehicles and luxurious underground bunkers stocked up with fancy food and furniture and tennis courts and swimming pools, etc.
    Too often people make the mistake of assuming that these people are grossly incompetent and stupid and that for them to lose money or screw up something is just par for the course. But it’s actually the other way around. They assume that we are stupid and that we will fall for their lies and excuses, and that we will believe these ridiculous lies about losing ten trillion dollars, as if that could ever actually happen. Do you know what ten trillion dollars looks like? It’s a pile of cash the size of a city block. The money that was supposedly lost likely wasn’t in cash, but I don’t believe for a second that they really lost ten trillion dollars, regardless of what form it was in. They simply stole it and said that they lost it. And people were dumb enough to believe it.

    • what you see is a fraud

      What about the underground bases more than 120 of them capable of supporting and housing thousands of chosenites , the space colonies ( Mars ) and others , the reverse engineered UFO and technologies only avaiiable to to the militaries . Then about 23 trillion gifted to criminal owners of the Reserve Bank . It is time to jail those criminal families all of them including their kids .

      • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

        That last sentence is a bit too close to the corruption of blood prohibited by the Constitution.

    • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

      If military-intelligence complex manufacturers want to sell to the Pentagon, they should be forced into the free market, where they can build what they build, knowing what the military wants, and take their chances like any other widget maker. That said, the Pentagon should be the most complaining customer around. If the product doesn’t meet spec, there is a full refund.

  • Nexusfast123

    Depends on your perspective. As a war fighting machine it is a complete joke – a suicide mission for pilots. As an effective method of redistributing US tax payer monies to defence contractors the US leads the world. This happens to be high profile project but there are other projects where tens of billions have been wasted – Zumwalt destroyer (another joke). Rail guns are also a joke – chucking a dumb projectile is, well, dumb. Russia is already testing Mach 8 intelligent missiles.

    • Zaphod Braden

      “Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. This is not a way of life at all in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron.” — Dwight D. Eisenhower

  • Alabama Mothman

    Not only the loss of money but the loss of air superiority for some time. Russian fighters are far superior to ANYTHING that Nato and the US can put up now.

    Not only from fighters, but the S-400 and the new S-500 alone will guarantee russian AS for the foreseeable future

  • MadeInJasperAlabamaUSA

    Theft

  • Jim

    Please don’t think the military is filled with idiots. The story they want you to see is they wasted a ton of money on a project that does not work. The reality is the money was filtered to other projects that will only be revealed if the world is actually on the verge of global destruction. Not everyone in the government is corrupt beyond imagination just a smaller majority.

    • Zaphod Braden

      Keep telling yourself that.

      • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

        Can’t you bring yourself to tell yourself the truth?

    • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

      Full of idiots, operated by thieves.

  • StevetheHun

    Most people don’t understand how the military industrial complex works: they make crap intentionally. They read the specs, and then figure out how they can frack it up. They underbid, and then when the government wants a fix, they jack the price up for the fix. I saw one low priced piece of garbage go from $50 to $5000 just for drilling an extra hole in it.

    It is a corrupt system and while criminal, it is perfectly legal, the result of the military contractors bribing the congress, the President, and even the military.

  • Black Swan

    Amerika loves a winner, they consistently vote for and support the milatary industrial and security complex. ” A society whose citizens refuse to see and investigate the facts, who refuse to believe their government and their media will routinely lie to them and fabricate a reality that is contrary to verifiable facts, is a society who chooses and deserves the police state dictatorship it is going to get.” Ian William Goddard

  • Jon Geissinger

    Buy Russian aircraft.

    • none

      We need to beg the Chinese to sell us an aircraft. We can make copies of it.
      Since Mr Obama has mouthed off to the Russians so much.
      Really, you never wanted to have a war against the communists did you?

      • Jon Geissinger

        Nope, no war. Never did. Not even during the cold war (I was in the Navy at that time).

        There are far too many positives of being really good friends with Russia. The current issues are because Russia refuses to “pull their pants down” and be raped by the western banks/oligarchs, and I don’t blame them. They have been demonized by what we now call the press; and that is pure BS; Lies, spin, FUD. I’m not an anarchist, but a good hard reset of our government would be a good thing.

        • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

          They are the only government currently enforcing the biblical standards regarding sexual morality. The LGBT wouldn’t be very comfortable there.

    • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

      Buy the best we can find for the dollar, regardless of who makes it.

  • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

    It won’t matter what we do until we release all of those committed to buy production models from doing so, since none have been produced, yet.

  • Tatiana Covington

    Maybe it was meant all along to be a costly failure.

  • ArmChairGeneral

    If you guys actually believe this author, you are all sheep of the dailysheeple. The program has not cost 1.5 trillion to date. The 1.5 trillion is the cost of the entire program from development to production to maintenance through 2065. I didn’t even read the rest of the article after the first two sentences because it started off a huge lie, so I really didn’t want to read more lies. Do your research people. This is clickbate at its finest.

    • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

      It is a fact that not a single production model has left the line.

      • ArmChairGeneral

        Then How did the develop and deliver 145 f-35 by July 2015? They are in fact in production. It is in low rate production while development finishes then they will go to high rate production. So, your facts are wrong. http://www.forbes.com/sites/lorenthompson/2015/07/13/ten-signs-the-f-35-fighter-program-is-becoming-a-smashing-success/#2f6420263613

        • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

          Then why hasn’t Australia received any of theirs, they being the first ally to order them? They have produced more than 145 testers, and all have failed. If Forbes is your only source of information, you are probably planning on voting for Reagan again.

          • ArmChairGeneral

            How many sources do you need? Don’t be preposterous and ignorant. Go to YouTube or google and search for Australia f-35 and you will see you are once again wrong.

          • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

            I prefer to stand a bit closer to the horse’s mouth than to your source’s rear. This came from the Australian broadcaster ABC, and it says otherwise.
            http://www.abc.net.au/radionational/programs/backgroundbriefing/2016-03-06/7224562

  • Chris Ferguson

    This article is filled with so much misinformation that it is comical. The trillion dollar price is the cost for the entire life of this project it has nothing to do with what has been spent so far. The only sheeple would be anyone that would believe any of the garbage written on this trash site.

  • ExecutorOffice

    https://www.youtube.com/watch?v=H6b70TUbdfs little tiny dot telling gazillions of large dots what to do

  • breakawaymotorsports .

    All purpose anything means compromise.Just like “all season” tires,which are Ok for most driving conditions,but not excellent at any of them. If you want something to be the best at a task,it needs to be focused on that one primary purpose.Too bad politics gets involved so deeply in military procurements as this is what you end up with: a trillion dollar pink elephant.

  • Zaphod Braden

    And WHO is going to prison? WHO loses their pension? WHO is fired?
    Make Lockheed REPAY America for SHODDY work.
    YOUR schools, electric grid, healthcare, national infrastucture, are being blown up in the form of $100,000 bombs dropped on $10 mud huts so the WAR PROFITEERS can eat lobster and lounge on yachts. The TRAITORS in the Pentagon spent 18 months at $10MILLION a DAY hitting nothing.
    ISIS continued to hold miles long parades of OUR equipment complete with flags on clear, dry, sunny days, and the TRAITORS in the Pentagon “could not seem to bomb them”. …….
    Then the Russians came in and blew the ISIS asses off.
    ISIS has ZERO antiaircraft abilities. the TRAITORS in the Pentagon could have dropped bombs from HOT AIR BALLOONS ……. We KNOW who the Pentagon is working for and it is NOT America.

  • Thomas Lindell

    Just walk away from it

    Jeez

    • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

      Ever heard of contracts?

      • Thomas Lindell

        Yes i h ave which is why i say walk away considering the manufacturers havent met their obligations under the much vaunted contract you so inelegantly pointed out

        Thanks for the education dipshit

        • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

          It would be sad to think that you rely on those who you disrespect for the majority of your education if it weren’t abundantly clear that is your only refuge to reality.

  • http://robertsrevolution.net Robert Farrior

    They must all be removed from power–Democrats and Republicans alike! And all the villains profiting from the military-industrial complex must be held accountable!
    Revolution now!
    robertsrevolution.net

  • http://groups.yahoo.com/neo/groups/political_reading_room/ disqus_3BrONUAJno

    Hey brother, you got some chump change?

  • I C Black Racists

    Continuing to build this plane, the f-35, is insanity; and members of Congress who continue to support this are corrupt and insane. They should be voted out of office.

  • andy1555

    LOL total leftist bullshit. 1.5 trillion is for the life of the jets or 55 YEARS. You brainless liberal fools are complete morons.

  • andy1555

    You stupid moron, the military budget for 10 years is no where close to 10 trillion. No wonder you idiots support the Burn.