Uncle Bucky got lucky
LA Times reports that contracts awarded by Dept Defense to Engineered Support Systems Inc. worth $158 million have been referred to the IG's office for investigation due to sole-sourcing and possible corruption. Unfortunately there is nothing remarkable about this, unless you count that George W. Bush's uncle William H.T. "Bucky" Bush is on the board of the company. Apparently he just made a cool half-mill on his stock due to the company's recent profit surge.
Well, what can I say? What the American taxpayers choose to do with their money is their own business, I suppose :-) What troubles me is that if they are this careless with their own money, how vigilant will they be when it comes to accounting for the DFI?
2 Comments:
There is a lot of money in war.
This is a nice can of worms in itself that could be a blog.
I guess I am just one of those loony lefties who could not sleep at night knowing that the use of depleted uranium missiles on Iraqi's was getting me good resturns for investment.
Interesting Blog idea, keep up the good work..
and thanks for the joke, it was hillarious :D
Post a Comment
<< Home