Ethics

Amateur War Profiteering

By Ed Brayton

The New York Times has an article about a Pentagon contract given to a fly by night company run by a 22 year old (and his faithful VP, whose major credential is being a licensed massage therapist) to supply ammunition to our military and the Afghan military. The company provided aging, mostly useless ammunition purchased in Eastern Europe - and made hundreds of millions of dollars in the process.

This follows on the heels of all sorts of similar nonsense in Iraq, like putting a 24 year old with no finance experience in charge of designing and opening the Iraqi stock market. Who's running this show, for crying out loud? Did they outsource government contracting to Billy Bob's Procurement Services and Bait Shop?

Full post as published by Dispatches from the Culture Wars on March 30, 2008 (boomark / email).