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To: LS
Government contracts/tits - tits=medicare/medicaid, welfare.........

Sorry for not clarifying that. If it's paid for by a U.S. Treasury check, it's a good bet that there's rampant fraud. Makes Enron look like a bunch of pikers.

63 posted on 12/13/2007 11:14:08 AM PST by rednesss (Fred Thompson - 2008)
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To: rednesss

Really, you ought to learn something about this before you spout off. Try reading an article by Jacques Gansler, one of the noted students of defense spending (and a critic, by the way) called “How the Pentagon Buys Fruitcake.” 90% of the “waste” is through government requirements for fairness and open competition-—when sole source can be much better (there are good studies, which I bet you could care less about, about the Sparrow vs. Sidewinder missile)-—than competitive bid. Just knowing the history of the Trident, when the government expected Electric Boat to “invest” $400 MILLION with no guarantee of anything past the first four boats (which would have been a massive loss) is ridiculous.


95 posted on 12/14/2007 6:33:11 AM PST by LS (CNN is the Amtrak of News)
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