Saturday, September 16, 2006

Ohhhh, Alberto!

Oh look, Albie! Here's some FEMA fraud you can prosecute!

It's been about a month since CorpWatch released their report on disaster area profiteering. So, Albie, the good American taxpaying folks down here, scraping by financially since we haven't seen that post-disaster economic boon we been promised, were just wondering what progress the good ole U.S. of A. Attorney General's office has been making in cracking down on THESE fraudulent disaster claims.

The Army Corps, Bechtel and Halliburton are using the very same "contract vehicles" in the Gulf Coast as they did in Afghanistan and Iraq. These are "indefinite delivery, indefinite quantity" open-ended "contingency" contracts that are being abused by the contractors on the Gulf Coast to squeeze out local companies. These are also "cost-plus" contracts that allow them to collect a profit on everything they spend, which is an incentive to overspend.

Hmmm...I wonder where that economic boon is?

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