The Defense Industry Is Pleased with Obama

Who says the president is failing to show leadership? In one area at least, there's no sign of flag or falter. If anything, the administration's only becoming more forthright. Sad to say, that area is military build-up.

The quote of the day comes from the CEO of a military contractor-funded policy group called the Lexington Institute. Loren Thompson tells Tuesday's New York Times, "The defense industry is pleased but bemused... It's been telling itself for years that when the Democrats got control it would be bad news for weapons programs. But the spending keeps going on."

Take that you Nobel committee!

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