From Armchair Generalist:
I'm troubled over the lack of calm, clear analysis on the Obama administration's views of defense programs and what is within the realm of possible to get defense on the right track. To read some newspapers and bloggers, the Obama administration is winding up to put some hurt on defense contractors by cutting major defense acquisition programs. But he won't be successful because the Democrats are putting too many earmarks in the defense budget.
To address the first point - here's what Obama said:
It starts with reforming our broken system of government contracting. There is a fundamental public trust that we must uphold. The American people's money must be spent to advance their priorities, not to line the pockets of contractors or to maintain projects that don't work. Recently, that public trust has not always been kept.
Read more ....
My Comment: This is a topic that can fill hundreds of pages. But The Armchair Generalist does a good start in this post, and I can only hope that he will follow with more in the future.