Tuesday, August 25, 2009

Shoddy/Profiteering - Former Bush Cronies Cash In

Shoddy was a term that entered the language to describe uniforms sold to Union troops during the civil war. The uniforms literally disolved when they got wet. Profiteering is a better understood term that came out of the same era. Now it is part of the revolving door syndrome in Washington DC. Retire or resign from your politically appointed job or high military post and go to work for a government contractor to be sure you get contracts for work you may or may not do or do well but get because of old "relationships"

Stinks doesn't it - no matter what party does it. It has been reason so many companies now have offices and divisions near Washington. Make me mad as hell.


Bigger and Badder Than Blackwater

Blackwater USA, the world’s largest private security firm (recently renamed Xe), is the subject of much public concern about the outsourcing of security to private companies because of the murders of 17 unarmed Iraqi civilians by its mercenaries.
One of the companies that has benefited from this privatization of intelligence is CACI International, a major defense contractor, which is also a major homeland security and intelligence contractor. CACI recently was in the business press because of its latest revolving door success. It has brought former U.S. Navy Secretary and former DOD deputy defense secretary in the Bush administration into the folds of its board of directors. (See: Pentagon Official Returns)
 blog it

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