Corporatocracy: No Bid Government Contracts
Source: blacklistednews.com
Corporatocracy is distinctly the dominate practice when it comes to doing business with the federal government. The once embryonic relationships between favored companies and agency bureaucrats, have germinated into distinctive hybrid organisms. Grafting into self-generating species resistant and virtually immune from pest control methods can be found in every area of government expenditures. The big daddy of cozy dealing is that preverbal military-industrial-security complex.Who can forget all the government money spent in Iraq and Afghanistan that went to favored corporations with no bid contracts? A prime example of this practice is the notorious Cheney affiliated company, Halliburton Made $39.5 Billion on Iraq War.
"According to the bipartisan Commission on Wartime Contracting in Iraq and Afghanistan, the level of corruption by defense contractors may be as high as $60 billion. Disciplined soldiers that would traditionally do many of the tasks are commissioned by private and publicly listed companies.
Even without the graft, the costs of paying for these services are higher than paying government employees or soldiers to do them because of the profit motive involved. No-bid contracting - when companies get to name their price with no competing bid - didn’t lower legitimate expenses."
However, this sum is merely chump change when compared to the video report that Rumsfeld Announces $2.3 Trillion Missing from Pentagon. It is one thing to provide contracts to buddy companies, but it quite a different and an outrageous matter to abandon even the appearance of accounting audits of public funds.
Even with this scandal conveniently absent from a much needed accountability the pattern of crony capitalism continues. The left leaning, Center for Public Integrity provides the following stats in Windfalls of war: Pentagon’s no-bid contracts triple in 10 years of war.
"Noncompetitive, sole-source contracts are by no means unique to the Pentagon. Other agencies have been accused of giving short shrift to competition, such as the Federal Emergency Management Agency, which awarded over half of its immediate post-Hurricane Katrina contracts without full competition, according to one congressional report.
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Read the full article at: blacklistednews.com
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