The US military interventions in the Middle East have been very profitable for the US arms industry but have bankrupted the country and depriving the American people, a peace activist and analyst in Washington says.

“These interventions by the United States are very profitable for military war contractors but are depleting and draining the US national budget from providing that services people actually need,” said Brian Becker, national coordinator for the ANSWER Coalition, a US-based protest umbrella group consisting of many antiwar and civil rights organizations.

“The American people have become increasingly impoverished; people may not know this but one out of every two Americans today lives either in poverty or near to poverty and this is the richest country in the world,” Becker told Press TV on Monday.

Becker said Russia recent military campaign against terrorist groups in Syria underscores Washington’s weakness in the region.

He described the latest comments by US President Barack Obama about Russian President Vladimir Putin’s military campaign in Syria as “nonsense.”

In an interview with CBS News on Sunday, Obama said Putin’s military involvement in Syria is an act of weakness and Moscow is spending resources “it doesn’t have” to keep his Syrian ally in power.

“The fact that they [Russians] had to do this is not an indication of strength, it's an indication that their strategy did not work,” Obama said.

On his own strategies in Syria, namely the $500 million “train-and-equip” program aimed to produce the so-called “moderate” militants, Obama admitted that Washington had failed to create a proxy force in the Arab country.

Militants trained by the US Central Intelligence Agency (CIA) to fight against the Syrian government are now under Russian missile strikes with little prospect of rescue by their American supporters, according to US officials