Response to MrScorpio (Original post)
Tue Mar 12, 2013, 10:59 AM
Egalitarian Thug (12,448 posts)
7. K&R Pentagon's no-bid contracts triple in 10 years of war.
As if war profiteering were not bad enough, this article points out just how large this bottomless trough of corporate welfare has been grown.
The bomb fighting contract is a small example of a problem that’s been exacerbated by 10 years of war: awarding contracts without competition. While the Pentagon says its overall level of competition has remained steady over the past 10 years, publicly available data shows that Defense Department dollars flowing into non-competitive contracts have almost tripled since the terrorist attacks of 9/11. According to analysis by the Center for Public Integrity’s iWatch News, the data shows that the value of Pentagon contracts awarded without competition topped $140 billion in 2010, up from $50 billion in 2001.
And the beat goes on...
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K&R Pentagon's no-bid contracts triple in 10 years of war.
|Egalitarian Thug||Mar 2013||#7|
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